As part of the Edinburgh Lecture series Dr Linda Yueh, author of Globalisation and Economic Growth in China, talks about ties between the "the birthplace of modern economics" as expounded by Adam Smith and the last major marketising economy of our time.
The ideas, experience and performance of Scotland are complementary to the emergence of the emergent economic superpower, China. As Asia comes into its own in the 21st century, the ideas and trajectory of the economies which have come before and emerged as successful in industrialisation and achieving supremacy in developing a professional service sector will play a significant role in the development of China.
From trade to investment links, exchanges of tourism and education, partnerships in ideas and expertise, Scotland and China are well positioned in this globalising world to realise what has been called the undeniable truth of economics, that is, international trade will grow the overall economic pie, increase the efficiency of all nations and raise living standards of people in the west and east. Nowhere is the realisation of the precepts of Adam Smith more exciting than its influence on the remarkable story that is China.
Yueh is special
advisor on China to the World Economic Forum, and recently gave
testimony to a UK Parliamentary hearing on the impact of China on the
global economy. Her areas of expertise span economics and law. Her work encompasses economic development and growth, including the Chinese economy, WTO and international economics, as well as international law and economics, focused on globalisation and intellectual property. She serves as Series Editor for the Series on Economic Development and Growth published by World Scientific Publishing.
Book tickets for the 7pm event at the Hub