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East beats West? Is the East taking over the world?

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The LSE Big Questions lecture

Date: Thursday 30 June 2011
Time: 1-2.15pm
Venue:  Sheikh Zayed Theatre, New Academic Building
Speaker: Professor Danny Quah

Your clothes, trainers, Xboxes, TVs and much, much more are all made in the East. And by selling us all this stuff, countries such as China and India are becoming wealthier and more powerful than ever before. But if the East is becoming stronger – is the West becoming weaker? Should we be scared by this? What does it mean for you anyway?

In a highly interactive lecture for schools, Professor Danny Quah will explore how the world is changing, with countries such as China and India becoming wealthier and more powerful than ever before. Using simple ideas from economics, he will explain why this is happening and what it means for our future. The lecture is most suitable for students in Year 9, and more motivated students in Years 7 and 8 and has been designed with elements of the KS3 citizenship curriculum in mind. It will
give students an understanding of:

  • How the East's economic power is growing and what this means for Western countries such as the UK, and potentially for the students themselves
  • The importance of viewing the changes in local, national and global contexts, whilst also taking into account moral, historical and social dimensions of the changes
  • What an economy is and how trade works
  • The benefits of economic development for a country
  • How economics provides a useful way to interpret the world

Danny Quah is Professor of Economics at the London School of Economics and Political Science; he is also Co-Director of LSE Global Governance, and Senior Fellow at LSE IDEAS. Quah served on Malaysia's National Economic Advisory Council 2009-2011; he was Head of Department for Economics at LSE 2006-2009. Quah holds degrees from Princeton and Harvard, and was Assistant Professor of Economics at the Massachusetts Institute of Technology before joining the LSE. In 2010 he was Visiting Professor at the School of Economics and Management, Tsinghua University; in 2011, at Singapore's Nanyang Technological University. Quah is also Tan Chin Tuan Visiting Professor in the Economics Department at the National University of Singapore.

Professor Quah has consulted for among others the World Bank, the Bank of England, and the Monetary Authority of Singapore. He is a Member of the World Economic Forum Global Agenda Council on Economic Imbalances.

Professor Quah's research is now on the global economy, economic growth and development, income inequality, international economic relations, economic geography, and new technologies. He is investigating in particular the eastwards drift of global economic activity, and the repercussions of such ongoing shift. He has also worked in time series econometrics, inflation, and business cycles. At the LSE he used to lecture in the largest course (Introductory Economics) taught in the School. Quah now teaches macroeconomics and econometrics in LSE's MSc programme, and lectures on The Global Economy for the LSE-PKU Summer School in Beijing, and LSE's MSc in Strategy and Diplomacy and LSE's Executive Summer School, both in London.

Professor Quah was born in Malaysia. He holds a blackbelt in taekwon-do and used to compete regularly in regional and national championships. Both his two teenage sons are much better at Halo Reach on the Xbox than he is, as he is usually splattered by Covenant forces while reloading.

The Big Questions Lecture is supported by the LSE HEIF 4 Bid Fund.

Suggested hashtag for this event for Twitter users: #lsebq

This lecture is most suitable for students in Year 9, and more motivated students in
Years 7 and 8 and has been designed with elements of the KS3 citizenship curriculum in mind. If your school would like to participate and be part of the live audience, please email us at BigQuestions@lse.ac.uk|.

Video

A video of this event is available to download from the LSE Video and Audio channel|.

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