@yoko4xt
#Ynsight🌟 Nobel laureate Joseph E. Stiglitz, Professor at Columbia University @Columbia, delivered a captivating lecture on "The Resurgence of Industrial Policy and the New Protectionism" as part of the “#PKUGlobalFellowship”! 🎓✨
He highlighted the importance of industrial policy in addressing global challenges like supply chain vulnerabilities and climate change. He also reviewed the development and limitations of traditional free trade theory, pointing out that it overlooks the dynamic effects of knowledge and learning.
#Pekonomist Prof. Justin Yifu Lin engaged in a discussion with Stiglitz on the motivations behind the resurgence of industrial policy and protectionism, the economic conclusions and model choices, as well as the insights gained from discussions on China's policies.
0 reply
0 recast
0 reaction