Justin Yifu Lin, former Chief Economist of the World Bank, is Director of the Center for New Structural Economics, Dean of the Institute of South South Cooperation and Development, and Honorary Dean at the National School of Development, Peking University.
Modern economic development is a process of continuous structural change in technologies, industries, and hard and soft infrastructure – all of which increases labor productivity, and thus per capita … read more
After decades in the slow lane, Africa's economy has had its foot on the accelerator, with impressive growth since the mid-2000s solidifying its potential as the global economy's next new growth engin… read more
As 2016 comes to an end, so should the old modes of economic thinking that have produced so much economic hardship and fueled so much political turmoil. The lessons of past economic development, toget… read more
In September, China will host the G20 meeting of world leaders for the first time, and it could not have chosen a more opportune moment to assume a leadership role. China is now the world's third larg… read more
One of the key questions about China’s 13th five-year plan, which covers the period from 2016 to 2020, is whether the country can achieve its target of doubling its GDP and average rural and urban hou… read more
Though infrastructure projects are among the most productive investments a society can make, existing asset classes fail to provide the structure needed to compete with traditional equity or debt. Tha… read more
Every developing country has a window of opportunity for rapid income growth as it transforms itself from an agrarian economy into one that is urban, dynamic, and industrialized. That was true in the … read more
As China's unprecedented economic rise begins to slow, the country's future growth can be predicted by looking at its potential growth rate, as well as external and internal factors. Policymakers draw… read more
It is time for Asia’s leaders to recognize that the lack of private funding for infrastructure projects cannot be reduced to one or even two problems – and develop comprehensive solutions that account… read more
While the outside world frets about China’s growth slowdown, the country is pressing ahead with an initiative that will benefit the entire global economy. The "one belt, one road" strategy will facili… read more
