China's Stimulus: path to sustainable growth or bubble machine?
Speaker(s): Professor Nicholas Lardy
Chair: Howard Davies
Recorded on 24 January 2011 in Sheikh Zayed Theatre, New Academic Building.
Nicholas Lardy will address charges that China's recent stimulus program was flawed by, among other things, a massive increase in bank lending; the creation of a property bubble, and the weakening of market forces. Nicholas Lardy is the Anthony M Solomon Senior Fellow at the Peterson Institute for International Economics. This event is sponsored by Standard Chartered Bank.