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【11.20 Forum】The 21st NSE International Development Forum:Balancing State and Market Development

2017-11-16

The 21st NSE International Development Forum
Balancing State and Market Development

 

Time: 10:30-12:00 AM, 20th Nov, 2017 (Monday)


Venue: Conference Room#359S,Overseas Exchange Center of Peking University


Language:     English


Organized by:   Center for New Structural Economics at Peking University (CNSE)


Moderator: Yong Wang(Associate Professor, Academic Director, CNSE, PKU)


Speaker: Adair Turner(Former Chairman of UK’s Financial Services Authority)


Commentator: Justin Yifu Lin (Director of New Structural Economics, Dean of Institute of South-South Cooperation and Development and honorary dean, National School of Development at Peking University)


Please Sign up for attendance by clicking the link: https://www.wjx.top/jq/18174196.aspx


【ABSTRACT】

The Washington Consensus view of economic development has tended to assume that free markets alone will drive an optimal path of innovation and structural change, with the appropriate state role limited to the provision of physical and social infrastructure – in areas such as transport, health and education, and basic scientific research. But economic history suggests limits to this model for both developing and developed countries, and recent dramatic and important developments in green technology illustrate the  potentially important role of state support in driving technological innovation and cost reduction. Adair Turner will explore these themes with particular reference to energy and climate change -related issues, and will suggest key questions arising for hina's development policy within the context of its "Made in China 2025" initiative.


【SPEAKER】


Lord Turner has been Chair of the Institute for New Economic Thinking since 2015 and Chair of the Energy Transitions Commission since January 2016. He is also currently the Chair of the European subsidiary board of Chubb, the world’s largest property and casualty insurer and is a non executive director of Prudential plc,a major global life insurer. He is the author of Between Debt and the Devel - Money, Credit and Fixing Global Finance (Princeton 2015) which has now been published in English, Chinese, Japanese, French and Portuguese, and will soon also be translated into Korean.  


From September 2008 until 2013, Lord Turner chaired the UK’s Financial Services Authority, and played a leading role in the post crisis redesign of global banking and shadow banking regulation as Chairman of the International Financial Stability Board’s major policy committee.  He was also during that time  Chair of the UK Climate Change Committee, which is charged with ensuring that the UK achieves an 80% reduction in  green house gas emissions by 2050. 

Lord Turner’s career  has spanned business, public policy and academia. 

? He was at McKinsey&Co conusltants  from 1982-95, building McKinsey’s  practice in East Europe and Russia in the early 1990s, and was Director General of the Confederation of British Industry from 1995-2000.  He was Vice-Chairman of Merrill Lynch Europe (2000-06) and a Non-Executive Director of a number of companies, including Standard Charteredd plc (2006-08).

? He became a cross-bench (i.e independent non party affiliated)  member of the British House of Lords in 2005; he  chaired  a major Commission on the future of UK pensions policy from 2003-06, and chaired the Low Pay Commission, which sets Britain’s national minimum wage from 2002-06.  


? He is Senior Fellow at the Centre for Financial Studies (Frankfurt); a visiting professor at the London School of Economics and at Cass Business School, London; a Visiting Fellow at the People’s Bank of China School of Finance, Tsinghua  University (Beijing); and Visiting Professor  at the International Center for Islamic Finance (INCEIF) in Kuala Lumpur. He is a frequent lecturer on global macro economic, social and environmental developments , and writes a monthly column for Project Syndicate, which appears in multiple newspapers  across the world. 


Apart from Between Debt and the Devil , Adair Turner has written two other major books Just Capital- the liberal economy ( Macmillan 2001) and Economics after the Crisis (MIT 2012) which has also been published in Chinese. He is an honorary fellow of The Royal Society ( the UK’s and one of the world’s preeminant scientific societies) and of the UK  Royal College of Physicians. 


【COMMENTATOR】

 
Justin Yifu Lin is Director of New Structural Economics, Dean of Institute of South-South Cooperation and Development and honorary dean, National School of Development at Peking University. He is also Council of State Council and Vice Chairman of the All-China Federation of Industry and Commerce. He was the Senior Vice President and Chief Economist of the World Bank, 2008-2012. Prior to this, Mr. Lin served for 15 years as Founding Director and Professor of the China Centre for Economic Research (CCER) at Peking University. He is the author of 32 books including Going Beyond Aids: Development Cooperation for Structural Transformation, Beating the Odds: Jumpstarting Developing Countries, Against the Consensus: Reflections on the Great Recession, the Quest for Prosperity: How Developing Economies Can Take Off, Demystifying the Chinese Economy,New Structural Economics: A Framework for Rethinking Development and Policy,and China Miracle. He is a member of the Standing Committee, Chinese People’s Political Consultation Conference (CPPCC), and Vice chairman of Economic Committee, CPPCC.He received honorary doctoral degrees from Universite D’Auvergne, Fordham University, Nottingham University, City University of Hong Kong, London School of Economics, Hong Kong University of Science and Technology, University of British Columbia, Katholieke Universiteit Leuven, Open University of Hong Kong and Macao University of Science and Technology.  Most recently, he was awarded the Professional Achievement Award by the University of Chicago Alumni Association and is a Corresponding Fellow of the British Academy and a Fellow of the Academy of Sciences for Developing World.