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SUMMARY:New Structural Economics: The Third Wave of Development Thinking
DTSTART;TZID=Europe/Berlin:20160831T180000
DTEND;TZID=Europe/Berlin:20160831T200000
DTSTAMP:20160831T180000Z
LOCATION;ENCODING=QUOTED-PRINTABLE:Campus Außerhalb : Lehmbruck Museum
CONTACT:Frau Sandra Urban (Konfuzius-Institut Metropole Ruhr)
DESCRIPTION:Frau Sandra Urban (Konfuzius-Institut Metropole Ruhr)
New Structural Economics: The Third Wave of Development Thinking
Understanding the China Miracle
Prof. Justin Yifu Lin, Beijing University / Senior Vice President of the World Bank (2008-2012)

Justin Yifu Lin reviews the evolution of development thinking and the development performance in developing countries, especially in China, since the end of World War II and proposes the new structural economics (NSE) to replace structuralism and neoliberalism as the third edition of development economics. The NSE highlights that economic development is a process of technological innovation and industrial upgrading, which increases labor productivity, and of improvement and adaption in hard and soft infrastructure, which reduces transaction costs. The NSE argues for a developing country to have an efficient market and an enabling state to facilitate industrial upgrading and structural transformation according to a country’s comparative advantages and to tap into the potential of advantage of backwardness to achieve inclusive and dynamic growth and transformation.   

Um Anmeldung wird gebeten!  
Wednesday, 31. August 2016
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