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Yao Yang

Yao Yang

18 commentaries

Yao Yang is a professor at the China Center for Economic Research and Dean of the National School of Development at Peking University.

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  1. Will the Ukraine War Ease US-China Tensions?
    yao18_ Jin MamengniXinhua via Getty Images_china us relations Jin Mamengni/Xinhua via Getty Images

    Will the Ukraine War Ease US-China Tensions?

    Apr 1, 2022 Yao Yang views the conflict as a potential turning point for the bilateral relationship, at least in the economic arena.

  2. The Open Secret of Development Economics
    yao17_STRAFPGetty Images_textileworkerchina STR/AFP/Getty Images

    The Open Secret of Development Economics

    Oct 22, 2019 Yao Yang points out that the playbook for climbing the income ladder has been known since the 1950s.

  3. China’s Modernization Ambitions
    VCG via Getty Images VCG/VCG via Getty Images

    China’s Modernization Ambitions

    Feb 13, 2018 Yao Yang considers the key challenges confronting Xi Jinping's promise to build a “fully modern” economy by 2035.

  4. SOS for China’s SOEs
    yao15_Kevin Frayer_Stringer_Getty Images_steelworker china Kevin Frayer/Stringer/Getty Images

    SOS for China’s SOEs

    Sep 22, 2016 Yao Yang calls for debt-equity swaps with the private sector to reduce state companies' non-performing loans.

  5. Graft or Growth in China?
    Liu Zhijun china railway minister Fan Rujun/ZumaPress

    Graft or Growth in China?

    May 4, 2015 Yao Yang believes that the benefits of rooting out corruption vastly outweigh the costs.

  1. johnson156_LOIC VENANCEAFP via Getty Images LOIC VENANCE/AFP via Getty Images

    Russia’s Financial Crisis Must Come Sooner

    Simon Johnson shows why a low price cap for the country’s crude exports would render the Kremlin’s war economy untenable.
  2. sheng131Jiang QimingChina News Service via Getty Images_pboc Jiang Qiming/China News Service via Getty Images

    QE with Chinese Characteristics?

    Andrew Sheng & Xiao Geng urge China to use monetary policy to tackle some of the biggest challenges it faces.
  3. borrell18_ Muhammed Emin CanikAnadolu Agency via Getty Images_borrellargentina Muhammed Emin Canik/Anadolu Agency via Getty Images

    Why Europe and Latin America Need Each Other

    Josep Borrell

    In a world of giants, the EU and Mercosur together represent just 10% of the world’s population and 20% of global GDP. If either wants to wield global influence, it needs the other, making the EU-Mercosur trade agreement a strategic imperative.

    urge European Union and Latin American leaders to revive momentum toward a long-overdue trade agreement.
  4. frankel141_Robert HradilGetty Images_wto Robert Hradil/Getty Images

    Let the WTO Referee Carbon Border Taxes

    Jeffrey Frankel shows how a revived World Trade Organization can play a central role in combating climate change.
  5. stanley4_Win McNameeGetty Images_elonmusk Win McNamee/Getty Images

    Elon Musk’s Not-so-Hidden Agenda

    Jason Stanley thinks the mogul's takeover of Twitter reflects his interest in destroying all democratic information spaces.
  6. GettyImages-1404385658

    Saadia Zahidi on government spending, debt distress, the Iran protests, and more

    Saadia Zahidi argues that social-safety nets must be customized and targeted to ensure efficiency, advocates a more responsible approach to deficit reduction and fiscal consolidation, describes the complex recipe for helping countries reap the benefits of greater female labor-force participation, and more.
  7. fischer199_SAUL LOEBAFP via Getty Images_g20bali Saul Loeb/AFP via Getty Images

    The Birth of a New International Order

    Joschka Fischer sees global great-power relations taking shape around a Sino-American dominated pentarchy.
  8. rpersaud18_Marvin Ibo Guengoer - GES SportfotoGetty Images_saudiarabiaworldcup Marvin Ibo Guengoer/GES Sportfoto/Getty Images

    The World Cup Syndrome

    Raj Persaud reflects on the effects that loving the “beautiful game” can have on one’s health and finances.
  9. chakrabarti2_eRIC BARADATAFP via Getty Images_worldbank Eric Baradat/AFP via Getty Images

    Rebooting the World Bank

    Suma Chakrabarti & Chris Humphrey outline key reforms that could help the institution regain the trust of developing countries.

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