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  • Author: Luke Patey, Elizabeth Wishnick
  • Publication Date: 03-2021
  • Content Type: Video
  • Institution: Weatherhead East Asian Institute, Columbia University
  • Abstract: From its Belt and Road Initiative linking Asia and Europe, to its "Made in China 2025" strategy to dominate high-tech industries, to its significant economic reach into Africa and Latin America, China is rapidly expanding its influence around the globe. Many fear that China's economic clout, tech innovations, and military power will allow it to remake the world in its own authoritarian image. But despite all these strengths, a future with China in charge is far from certain. Rich and poor, big and small, countries around the world are recognizing that engaging China produces new strategic vulnerabilities to their independence and competitiveness. Researching the book took Dr. Patey to East Africa, Latin America, Europe, and East Asia over the past five years and he will discuss how countries in these parts of the world are responding to China’s rise and assertiveness. This event was cosponsored by the Weatherhead East Asian Institute, the APEC Study Center and the Columbia Harvard China and the World Program at Columbia University.
  • Topic: Diplomacy, Economics, Geopolitics, Soft Power, Belt and Road Initiative (BRI)
  • Political Geography: China, Asia
  • Author: Wang Feng
  • Publication Date: 11-2020
  • Content Type: Video
  • Institution: Weatherhead East Asian Institute, Columbia University
  • Abstract: On October 7, 2020, Wang Feng, Professor of Sociology at UC Irvine joined Columbia's Qin Gao, Professor of Social Policy and Social Work and director of the China Center for Social Policy for an event: "Public Transfers and Inequality in China." With expanded fiscal capacity and rising concerns over economic inequality, the Chinese government in the last decade and a half has vastly rebuilt and expanded its social welfare regime. Using the National Transfer Accounts (NTA) methodology and both micro-level survey data and macro-level government statistics, this study examines the distribution of public transfers in education, health care and pension across generations and income groups in 2014 and compare it with those in 2010. While per capita public transfers in absolute terms remained in favor of higher-income groups and the elderly in 2014, as in 2010, the gap in receiving public transfers between the rich and the poor was reduced notably in this short time period. Public transfers also became more progressive in relative terms, with the bottom income group receiving much higher public transfers relative to their per capita household income than the wealthier groups. These results reveal that although the unequal distribution of public transfers continues and it in part results from the fragmented program design and the legacies of socialist inequalities, China’s expanded social welfare programs have contributed to narrowing the vast income inequality in this country.
  • Topic: Economics, Government, Inequality, Welfare
  • Political Geography: China, Asia
  • Author: Ronald Schramm
  • Publication Date: 11-2020
  • Content Type: Video
  • Institution: Weatherhead East Asian Institute, Columbia University
  • Abstract: Ronald Schramm, Visiting Associate Professor of International and Public Affairs, Columbia University Moderated by: Shang-Jin Wei, N. T. Wang Professor of Chinese Business and Economy and Professor of Finance and Economics, Columbia Business School Professor Jin Wei will interview Ron Schramm about new and important developments in China’s financial and economic system since the first edition of Schramm's textbook in 2015 (Routledge/Taylor&Francis): China Macro Finance: A US Perspective. Both new reforms and retrenchments in the Chinese economy will be discussed as well as the fraught economic relationship with the United States. Students and scholars of China will benefit by putting their own research in the context of how far China has come and where it is going in terms of economic and financial reform.
  • Topic: Development, Diplomacy, Economics, Reform, Finance, Business
  • Political Geography: China, Asia, United States of America