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Before the 18th century, China was the largest and one of the most advanced economies in the world. Yet it had become one of the world's poorest economies by the late 19th century, and despite generations of efforts at national rejuvenation, China did not reverse its fate until it introduced market-oriented reforms in 1979. Since its resurgence, China has been the most dynamic economy in the world.

In this discussion, Dr. Justin Yifu Lin, chief economist and senior vice president of the World Bank, will provide a framework to analyze the dramatic changes in China and draw lessons from the Chinese experience for other developing countries. His perspective challenges many tenets of conventional neoclassical theory. He contends that ill-conceived applications of its principles had catastrophic consequences for a number of economies in transition.
Dr Lin is a world-renowned development economist and an authority on the Chinese economy. Prior to coming to the World Bank, he was the founding director of the China Center for Economic Research at Peking University (1994-2008) and is the author of seventeen books including the Chinese Miracle (1996), State-Owned Enterprise Reform in China (2001), and Economic Development and Transition (2009). He is a fellow of the Academy of Sciences for the Developing World and a corresponding fellow of the British Academy of Sciences. He gave the Annual WIDER Lecture earlier this year in Maputo.

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China World Hotel Ballroom, Beijing
China World Hotel Ballroom
1 Jianguomen Avenue, Beijing

Beijing, China

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