Economic Crisis Could Push Reform in China - A Commentary by Professor Zhiwu Chen
"Economic Crisis Could Push Reform in China"
By Professor Zhiwu Chen
Published November 12, 2008 in YaleGlobal
Read the article in its original context at the YaleGlobal website.
Economic crisis can be a time of opportunity, particularly if political leaders are savvy enough to use the down period to introduce needed reforms. In YaleGlobal, Zhiwu Chen, Professor of Finance, offers a blueprint for China that focuses on diffusing the nation’s wealth effect by boosting domestic consumption and promoting private ownership.
Read Chen’s essay, “Economic Crisis Could Push Reform in China” at the YaleGlobal website.