The Weatherhead East Asian Institute and the Jerome A. Chazen Institute for Global Business are pleased to announce the Seventh Annual N.T Wang Distinguished Lecture “The State of State Capitalism in China” featuring Yasheng Huang, International Program Professor in Chinese Economy and Business, and Professor of Global Economics and Management, MIT Sloan School of Management, and moderated by Shang-Jin Wei, N.T. Wang Professor of Chinese Business and Economy, and Professor of Finance and Economics, Columbia Business School.
“The State of State Capitalism in China”
Wednesday, February 8, 2017
Yasheng Huang is the International Program Professor in Chinese Economy and Business and a Professor of Global Economics and Management at the MIT Sloan School of Management. He is also an Associate Dean at MIT Sloan School of Management.
Dr. Huang founded and runs the China Lab and the India Lab, which aim to help entrepreneurs in those countries improve their management skills. He is an expert source on international business, political economy, and international management. In collaboration with other scholars, Huang is conducting research on human capital formation in China and India, entrepreneurship, and ethnic and labor-intensive foreign direct investment (FDI). Prior to MIT Sloan, he held faculty positions at the University of Michigan, and at Harvard Business School. Dr. Huang also served as a consultant to the World Bank.
Dr. Huang has held or received prestigious fellowships, such as the National Fellowship at Stanford University, and the Social Science Research Council-MacArthur Fellowship. He is a member of the Trust Center for MIT Entrepreneurship, a Fellow at the Center for Chinese Economic Research and the Center for China in the World Economy at Tsinghua University, a Fellow at the William Davidson Institute at Michigan Business School, and a World Economic Forum Fellow. In 2010, he was named by National Asia Research Program as one of the most outstanding scholars in the United States conducting research on issues of policy importance to the United States. He serves as an independent director and as a member of academic advisory boards for a number of for-profit and non-profit organizations.
Dr. Huang holds a BA in government from Harvard College and a PhD in government from Harvard University.
Shang-Jin Wei is N.T. Wang Professor of Chinese Business and Economy and Professor of Finance and Economics at Columbia University’s Graduate School of Business and School of International and Public Affairs.
During 2014-2016, Dr. Wei served as Chief Economist of Asian Development Bank and Director General of its Economic Research and Regional Cooperation Department. He was ADB’s chief spokesperson on economic trends and economic development in Asia, advised ADB’s President on economic development issues, led the bank’s analytical support for regional cooperation fora including ASEAN+3 (China, Japan, and Korea) and APEC, growth strategy diagnostics for developing member countries, as well as research on macroeconomic, financial, labor market, and globalization issues.
Prior to his Columbia appointment in 2007, he was Assistant Director and Chief of Trade and Investment Division at the International Monetary Fund. He was the IMF’s Chief of Mission to Myanmar (Burma) in 2004. He previously held the positions of Associate Professor of Public Policy at Harvard University, the New Century Chair in Trade and International Economics at the Brookings Institution, and Advisor at the World Bank.
Dr. Wei has been a consultant to numerous government organizations including the U.S. Board of Governors of the Federal Reserve System, United Nations Economic Commission on Europe, and United Nations Development Program, the Asian Development Bank, and to private companies such as PricewaterhouseCoopers. He holds a PhD in economics and MS in finance from the University of California, Berkeley.
Dr. Wei is a noted scholar on international finance, trade, macroeconomics, and China. He is a recipient of the Sun Yefang Prize for Distinguished Contributions to Economics (for the invention of the Competitive Saving Motive published in Journal of Political Economy), the Zhang Peifang Prize for Contributions to Economics of Development (for pioneering work on measurement of global value chains published in American Economic Review), and the Gregory Chow Award for Best Research Paper; some of his research was supported by a grant from the U.S. National Science Foundation.
Dr. Wei’s research has been published in top academic journals including American Economic Review, Journal of Political Economy, Quarterly Journal of Economics, Journal of Finance, Review of Financial Studies, Journal of International Economics, and Journal of Development Economics, and reported in popular media including Financial Times, Wall Street Journal, Economist, Business Week, Times, US News and World Report, Chicago Tribune, South China Morning Post, and other international news media.