You can find two new Discussion Papers by Linda Glawe and Prof. Helmut Wagner on our website. The CEAMeS Discussion Paper No. 10: “The Deep Determinants of the Middle-Income Trap” is available here; and the CEAMeS Discussion Paper No. 11: “The Deep Determinants at More Subtle Stages of Development – The Example of the Middle-Income Trap Phenomenon” is available here.
From 3rd – 11th of January Prof. Wagner and Linda Glawe presented their current research in the USA. They presented their new paper “A Stylized Model of China’s Growth Since 1978” at the 2018 ASSA Annual Meeting of the American Economic Association held in Philadelphia, Pennsylvania (the program is available here). Furthermore, Prof. Wagner held, on invitation, a workshop at the IMF in Washington, D.C. about “China and the Middle-Income Trap” where he and Miss Glawe presented their latest papers and research results.
Due to his 40th-year jubilee in the public service , Prof. Dr. Helmut Wagner was honored by Prof. Dr. Ada Pellert, the rector of the Fernuniversität in Hagen. Prof. Dr. Pellert especially emphasized Prof. Wagner’s value for the FernUniversität as an internationally highly recognized researcher. In 1976, he earned his doctoral degree at the University of Regensburg. In 1982 he took the position of a full professor at an university in Hamburg. Since 1995 he is full professor and chair holder of macroeconomics at the Fernuniversität Hagen, moreover he is the head of the macroeconomic section in the institute “Hagener Managementstudien” and head of the Center for East Asia Macroeconomic Studies (CEAMeS).
Particularly Prof. Dr. Wagner’s remarkable international cooperation and his numerous, worldwide research trips were highlighted by Prof. Dr. Pellert. Besides of regular invitations by the International Monetary Fund, he has hold numerous visiting positions at other renowned institutions such as Princeton University, MIT, US Fed or the Bank of Japan. Prof. Dr. Pellert considers Prof. Dr. Wagner as a role model for other researchers because of his great number of international contacts.
If you want to read the full article in German, you can find it here.
We updated the conference section of our website and added six conferences (you can find them here). They all deal with East-Asian topics in one way or another, and take place in 2018. Following the corresponding link beneath each conference, you will reach the associated conference homepage. There you can find all useful information, such as deadlines, registration information or preliminary programs.
The paper “China Caught in the ‘Middle-Income Trap’?” was recently published on VoxChina. You can find a PDF version of the article here: PDF
VoxChina (accesible under: http://voxchina.org/) is an independent, non-partisan and non-profit platform initiated by a group of experienced and accomplished economists. The mission of VoxChina is to be the bridge on economic issues between China and the rest of the world by providing informed analysis on the state of the Chinese economy and insights for reform challenges facing China today, and by analyzing the impact of the development in the rest of the world economies on China.
The founding institutional sponsors of VoxChina include the Bendheim Center of Finance (Princeton University), the Department of Economics (University of Pennsylvania), the School of Economics and Management (Tsinghua University), the Shenzhen Finance Institute (The Chinese University of Hong Kong, Shenzhen) and the Guanghua School of Management (Peking University).
Statements of Professor Wagner are cited in the regional newspaper “Westfalenpost”. He gave his opinion on the future investment strategy of China.
You can read the article online following this link.
Linda Glawe, team member of the Center for East Asia Macroeconomic Studies, attended the 11th International Conference on the Chinese Economy: “The ‘new normal growth’ and the future of the China’s economy” in Clermont-Ferrand (France) from the 19th to 20th October 2017 where she presented her Asian Development Bank Institute Working Paper “The People’s Republic of China in the Middle-Income Trap?”, jointly written with Prof. Helmut Wagner. She also attended the Third International Forum on the “New Silk Road” and Sino-European Cooperation in Duisburg (Germany) from the 8th to 9th November 2017.
It was the event that cached the most attention around the globe in the last days. The 19th Congress of the Communist Party has come to an end and the current President of the People’s Republic Xi Jinping has laid the foundation for a long reign. In the following section you can find press articles that summarize the results of the congress in China.
Today the 19th Congress of the Chinese Communist Party has begun in Beijing. With just one meeting in five years the encounter of the leaders of the world’s biggest economy is not just import for China but for the whole world. It is the first time that Xi Jinping, the current General Secretary of the Communist Party and President of the People’s Republic of China, is the chairman of the one week long congress. In his over three hour long opening-speech he heralded a new era in the history of China. He proclaimed that China has “[…] taken a driver seat in international cooperation […]” and emphasized that no country alone can face the challenges of mankind and can afford to “retreat into self-isolation”. Further, he addressed to the problems of corruption, that he called the greatest threat to the party’s survival, and the global challenge of climate change.
This year’s congress, as it goes on, is kind of unusual because a huge number of party officials are going to retire and therefor need to be replaced. All new and important information according to the 19th congress will be presented at the CEAMeS homepage during the next week.
The CEAMeS Discussion-Paper No. 03 “The building up of new imbalances in China: the dilemma with ‘rebalancing’” by Prof. Helmut Wagner was recently published in the latest issue of “International Economics and Economic Policy” (Vol. 14, No. 4, pp. 701-722). You can find the new publication here.
Linda Glawe, researcher at the Department of Macroeconomics and at the Center for East Asia Macroeconomic Studies (CEAMeS) participated in the 6th Lindau Meeting on Economic Science in Lindau from the 22nd to 26th August 2017. She is one of the 350 young economists from 66 countries that have successfully undergone a multi-stage, international selection process and qualified for the meeting. Central topics of the Lindau Meeting included social inequality, new conditions for monetary and fiscal policy as well as contract and organisational theory. Besides the lectures of the 17 Nobel laureates, the program also included several panel discussions and seminars which offered the opportunity for inspiring and interesting discussions with the laureates. For Linda Glawe, it was an especially great pleasure to talk to Professor Christopher Pissarides about her current research.
Linda Glawe and Professor Christopher Pissarides
A new CEAMeS Discussion Paper was uploaded. “The Changing Patterns of Investment in the PRC Economy” by Carsten Holz is the CEAMeS Discussion Paper No. 9. You can find it here.
The latest CEAMeS working paper “How severe will the growth slowdown in China caused by the structural change be? An evaluation based on experiences from Japan and South Korea” by Michael Murach and Prof. Helmut Wagner was recently republished in the “Journal of Chinese Economic and Business Studies”. You can find a link to the paper here.
Under the new title “The People’s Republic of China in the Middle-Income Trap?” the paper from Linda Glawe and Prof. Helmut Wagner was republished as a part of the working paper series of the Asian Development Bank Institute (ADBI). You can find the paper by clicking here.
The paper was originally published as a CEAMeS working paper under the title “China in the Middle-Income Trap?”. You can also find the paper in the CEAMeS working paper series (click here).