6 Jan 2016, Friday, Sheraton-Mississippi, 12:30 pm – 2:15 pm
Is Secular Stagnation Coming to the Chinese Economy?
Abstract: This panel investigates the sources of the growth slowdown in China since 2011.
Chair: Tony Fang, Memorial University of Newfoundland
• Ding Lu, University of Fraser Valley
• Changwen Zhao, Development Research Centre of the State Council of China
• Dwight Perkins, Harvard University
• Jun Zhang, Fudan University
6 Jan 2016, Friday, Sheraton-Mississippi, 2:30 pm – 4:30 pm
The Financial, Innovation, Demographic and International Obstacles to China’s Growth
Abstract: China's growth rate has gone from an annual average of 9.5% in the 1978-2011 period to an expected 6.5% to 7% growth rate in the 2016-2020 period. Is this expectation too pessimistic or too optimistic? This session will discuss four of the main growth obstacles.
Chair: Jun Ma, University of Alabama
• Yiping Huang, Peking University
• Juwei Zhang, Chinese Academy of Social Sciences
• Xiaolan Fu, Oxford University
• Wing Thye Woo, University of California at Davis, and Sunway University
7 Jan 2016, Saturday, Sheraton-Mississippi, 1015am – 1215am
Reforming China’s Fiscal System
Abstract: China's fiscal system underwent a comprehensive reform in January 1994. There is great need for another reform in the near future because the many large changes in the Chinese economy since then have rendered the present system highly distortionary (e.g. local government investment vehicles) and ineffective (e.g. income tax).
Chair: Jinlan Ni, University of Nebraska at Omaha
• Alan Auerbach, University of California at Berkeley
• Ming Lu, Shanghai Jiaotong University
• Shuanglin Lin, Peking University, and University of Nebraska at Omaha
• Bingtao Song, Henan University