The Center for Economics and Public Policy presents

“The Rise and Fall of the China Model”
with Minxin Pei, Professor, Claremont McKenna College
Wednesday, November 12, 2014
Cocktail reception: 6:00 p.m.
Newkirk Alumni Center, Den | 450 Alumni Court

Lecture and Q&A: 7:00 p.m. – 8:00 p.m.
Newkirk Alumni Center, Conference Room A | 450 Alumni Court

China’s three decades of rapid economic growth have given rise not only to a powerful new player in the global economy, but also a theory arguing that authoritarian state-capitalism is more effective in producing sustainable growth than other models of development.  Popularly known as the “China Model,” this theory has gained widespread influence, mostly in non-academic circles.  But the theoretical and empirical foundations of the “China Model” are either deeply flawed or unsupported.  The factors that have contributed to China’s growth can be readily explained by orthodox theories of development and conventional factors.  At the same time, the future of authoritarian state-capitalism looks increasingly dim as the structural pro-growth factors are turning negative and the embedded institutional flaws of autocracy limit China’s future potential.  If anything, China’s rise is likely to have peaked and its economy will under perform in the coming decade.

Minxin Pei is the Tom and Margot Pritzker ‘72 Professor of Government and the director of the Keck Center for International and Strategic Studies at Claremont McKenna College.  He is also a non-resident senior fellow of the German Marshall Fund of the United States.  He was a senior associate at the Carnegie Endowment for International Peace from 1999 to 2009, and was a faculty member at Princeton University from 1992 to 1998.  His research focuses on democratization in developing countries, economic reform and governance in China, and U.S.–China relations. He is the author of From Reform to Revolution: The Demise of Communism in China and the Soviet Union and China’s Trapped Transition: The Limits of Developmental Autocracy.  His op-eds have appeared in the Financial Times, New York Times, Washington Post, and the International Herald Tribune.  Pei received his Ph.D. in political science from Harvard University.

Space is limited. For an invitation, please contact Marilu Daum, or 949.824.2566.
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