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The Fifth Symposium (Winter Camp) on New Structural Economics Successfully Concluded

The Institute of New Structural Economics at Peking University (INSE) hosted the Fifth Symposium (Winter Camp) on New Structural Economics (NSE) from December 15 to 18, 2019 in Beijing. Inaugurated in 2015, the annual symposium demonstrates the theoretical framework, latest research and database construction outcome, and future research prospects of NSE. This 5th edition of the symposium brings together well-known economists and young researchers at home and abroad to discuss issues related to NSE to deepen NSE research.

Winter Camp

The 7th International Conference on NSE Concluded with Success

The 7th International Workshop on NSE held during December 12-15 has successfully concluded. This Workshop, hosted by the Institute of New Structural Economics (INSE) at Peking University, was on the theme of Experiences of Economic Transition in the Past 40 Years in the World.

NSE Conference

News

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Justin Yifu Lin: New engines will sustain growth drive

China will utilize internal and external opportunities to consolidate economic growth momentum in the medium to long term, with some new engines playing a key role, Justin Yifu Lin, a policy adviser and senior economist, told China Daily in an interview.

Justin Yifu Lin: Development transforming to new model
2020-09-22
Justin Yifu Lin, honorary dean of the National School of Development at Peking University and former chief economist at the World Bank, sees China's shift from an export-oriented economy to a domestic consumption and investment-driven one as an inevitable step as the Chinese economy grows larger with rising household incomes and the services sector accounting for a greater portion of its GDP.
Justin Yifu Lin: Spotlight shone on global governance, developing nations
2020-09-22
The global COVI-19 pandemic has triggered profound shifts in the world and requires more reflection on global governance, according to Justin Yifu Lin, honorary dean of the National School of Development at Peking University, who spoke at the International Investment Forum during the ongoing China International Fair for Investment and Trade.
International Research Initiative of DFI Working Group Held Midterm Review Workshop
2020-07-07
From June 22nd to 25th, 2020, members of the International Research Initiative of DFI Working Groups engaged in an online mid-term review workshop.
The COVID-19 pandemic: A letter to G20 leaders
2020-03-27
The COVID-19 pandemic is a two-pronged health and economic crisis, and requires a two-pronged response. Ahead of an extraordinary meeting of G20 Leaders, this letter signed by 20 economists and global health experts has one simple message: this crisis is global and requires unprecedented cooperation across countries and disciplines.

Seminar

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04/23:Central Bank Swap Arrangements in the Covid-19 Crisis

Venue：Zoom

Speaker：Joshua Aizenman

Professor Joshua Aizenman joined the faculty at USC in 2013, where he serves as the Dockson Chair in Economics and International Relations. Professor Aizenman also serves as a Research Associate for the National Bureau of Economic Research, and co-editor of the Journal of International Money and Finance. Other affiliations have included teaching and research positions at UC Santa Cruz (served as a Presidential Chair of Economics), Dartmouth (served as the Champion Professor of International Economics), Hebrew University of Jerusalem, University of Chicago GSB, and University of Pennsylvania. Consulting relationships include the International Monetary Fund, the World Bank, the Inter-American Development Bank, the Asian Development Bank, and the Federal Reserve Bank of San Francisco. A common thread of his research has been applying a generalized cost benefit approach to international economics and economic development, recognizing political economy goals and constraints. His work aims at interpreting observed patterns, studying conditions under which policies may help or hinder the performance of the economy, and the role of institutions and regulations. His research covers a range of issues in the open economy, including commercial and financial policies, crises in emerging markets, foreign direct investment, capital controls, and exchange rate regimes. Professor Aizenman earned his doctor degree in Economics from the University of Chicago in 1981.

04/16:Bank Wholesale Funding, Monetary Transmission and Systemic Risk: Evidence from China

Venue：Zoom

Speaker：Kaiji Chen

Professor Kaiji Chen is the Associate Special-Term Professor of Economics at Fanhai International School of Finance, Fudan University and Associate Professor of Economics (with tenure) at Emory University. He is also Research Fellow at Federal Reserve Bank of Atlanta. Professor Chen's current research interests are China's macroeconomics, financial aspects of macroeconomics and fiscal policies. Professor Chen has published in several leading economics journals, including American Economic Review, NBER Macroeconomic Annual, American Economic Journal: Macroeconomics and Journal of Monetary Economics. In recent years, his research focuses on China's macro economy, especially its relationship with the financial sector and monetary policy. His research topics include China's real estate bubble, shadow banking and monetary policy, economic cycle and trends, etc. His research results have been reported by many international financial and economic media including the Wall Street Journal. In 2018, he got the 3rd Sun Yefang Financial Innovation Award. Professor Chen earned his doctor degree in Economics from University of Southern California in 2005.

Upcoming Events

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01.
【Call for Paper】International Conference on Recent Developme…
2021-01-07
The Institute of New Structural Economics of Peking University, and the Ningbo Center for New Structural Economics of the University of Nottingham Ningbo China, will jointly host an international conference in collaboration with Elsevier’s Research in International Business and Finance on 22–23 May, 2021, in Ningbo, China.
02.
【Call for Paper】The Third China International Conference in…
2020-11-11
The Third China International Conference in Macroeconomics (CICM2021) will be held on June 28-30, 2021 in Beijing, China (the exact format, online or onsite, will be modified according to the COVID-19 situation). The conference is jointly sponsored and organized by Peking University Institute of New Structural Economics (INSE), Tsinghua University PBC School of Finance (PBCSF) and China Forum of Macroeconomic Research (CFMR).
03.
【Call for Paper】Recent Development in New Structural Economi…
2020-09-28
The Institute of New Structural Economics of Peking University, and the Ningbo Center for New Structural Economics of the University of Nottingham Ningbo China, will jointly host an international conference in collaboration with Elsevier’s Research in International Business and Finance on Saturday and Sunday, May 22–23 2021 in Ningbo, China.

Professors' Insights

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01.
[Project Syndicate] The Age of Public Development Banks Has…
2020-11-09
With combined assets of more than $11 trillion, public development banks already play a significant role in the global economy. They should now increase their individual and joint activities further, in ways that even better aid the green and fair recovery the world urgently needs.
02.
[Project Syndicate] Justin Yifu Lin & Yan Wang: A Turning Po…
2020-01-08
Since the 1960s, more than $4.6 trillion (in constant 2007 dollars) in gross bilateral and multilateral official development assistance (ODA) has been transferred to low-income countries. Yet extreme poverty and stagnant growth remain widespread. The message is clear: traditional North-South aid is not nearly as effective as it could be and should be.
03.
[Financial Review] "Valid concern": Exports to China a trade…
2019-06-26
China is able to withstand a protracted trade war with the US, putting the onus on Donald Trump to end the fight, according to former World Bank chief economist and top adviser to China's communist leaders, Justin Yifu Lin.

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