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Yao Yang

Yao Yang

19 commentaries

Yang Yao is Liberal Arts Chair Professor at the China Center for Economic Research and the National School of Development at Peking University.

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  1. Is the Chinese Miracle Over?
    yao19_PEDRO PARDOAFP via Getty Images_china real estate PEDRO PARDO/AFP via Getty Images

    Is the Chinese Miracle Over?

    Jan 4, 2024 Yao Yang argues that the economy’s weak recent performance is a temporary consequence of necessary policy interventions.

  2. 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.

  3. 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.

  4. 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.

  5. 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.

  1. adjei1_ NIPAH DENNISAFP via Getty Images_ghana forest preservation NIPAH DENNIS/AFP via Getty Images

    Carbon Credits Hold the Key to Combating Deforestation

    Roselyn Fosuah Adjei explains how nature-based offsets could help reduce emissions and benefit local communities.
  2. buruma211_VANO SHLAMOVAFP via Getty Image_navalny Vano Shlamov/AFP via Getty Images

    Alexei Navalny Did Not Die for Nothing

    Ian Buruma

    The Russian opposition leader faced a dilemma that all dissenters in authoritarian states must grapple with: live in exile and fade into obscurity, or confront an oppressive regime and risk imprisonment and torture. Navalny’s choice – and the price he paid for making it – will inspire dissidents for generations to come.

    highlights the crucial role of political martyrs in inspiring resistance to oppressive regimes.
  3. velasco145_Amarjeet Kumar SinghAnadolu Agency via Getty Images Amarjeet Kumar Singh/Anadolu Agency via Getty Images

    The Submergence of Emerging Markets

    Andrés Velasco worries that major middle-income economies are facing a prolonged slowdown, jeopardizing global convergence.
  4. nabi6_Monika Skolimowskapicture alliance via Getty Images_ai health Monika Skolimowska/picture alliance via Getty Images

    How AI Could Reshape Medicine

    Junaid Nabi highlights the new technology’s potential to transform how we diagnose, treat, and prevent diseases.
  5. op_fofack3_Sean GallupGetty Images_rutogeorgieva Sean Gallup/Getty Images

    Making Bretton Woods Work for Africa

    Hippolyte Fofack envisions a reformed global financial architecture that provides equal access to long-term patient capital.
  6. spence170_Biplov BhuyanHindustan Times via Getty Images_wsupreme court india Biplov Bhuyan/Hindustan Times via Getty Images

    Making Sense of Society

    Michael Spence considers why a healthy civil society is crucial to good governance and inclusive prosperity.
  7. haldar31_Sefa KaracanAnadolu AgencyGetty Images_navalny Sefa Karacan/Anadolu Agency/Getty Images

    Shock Therapy Killed Navalny

    Antara Haldar argues that while Vladimir Putin bears responsibility, so do the economic policies that put him in power.
  8. rbrooks1_Markus Scholzpicture alliance via Getty Images_germanyshipping Markus Scholz/picture alliance via Getty Images

    Putin’s Silk Road Around Sanctions

    Robin Brooks & Simon Johnson urge Europe and the G7 to stop the re-export of Western goods to Russia from Central Asia and the Caucasus.
  9. thallinger3_Sean GallupGetty Images_fossil fuels Sean Gallup/Getty Images

    To Fight Climate Change, End Fossil-Fuel Subsidies

    Günther Thallinger & Ludovic Subran urge policymakers to recognize the true costs of a policy that harms the planet and does not help the poor.

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