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Andrew Sheng is well known in global financial circles as a former central banker and financial regulator in Asia and a commentator on global finance. He is Distinguished Fellow of Asia Global Institute, the University of Hong Kong. Andrew is the Chief Adviser to the China Banking Regulatory Commission, a Board Member of Khazanah Nasional Berhad, the sovereign wealth fund of Malaysia, a member of<br />
the international advisory council of the China Investment Corporation, the China Development Bank, China Securities Regulatory Commission and the Securities and Exchange Board of India. He is also an advisor to the United Nations Environment Program Inquiry into the Design of a Sustainable Financial System.<br /><br />
Andrew served as Chairman of the Securities and Futures Commission of Hong Kong from 1998 to 2005, having previously been a central banker with the Hong Kong Monetary Authority and Bank Negara Malaysia. He also wor
Climate change has emerged as the defining issue of the twenty-first century, a root cause of social and economic upheavals that will affect multiple generations. In order to meet the 1.5°C global warming target set by the Paris Agreement and minimize the impacts of climate change, global carbon dioxide emissions should reach net zero by 2050. What will it take for us to stabilize and reduce the concentration of carbon dioxide in Earth's atmosphere? This conference will explore the science behind the net-zero goals, optimal pathways to achieving the targets, the political and behavioral constraints, and the role of markets. The conference will include presentations by leading climate scientists, economists, and financial industry experts.
Co-sponsored by the Julis-Rabinowitz Center for Public Policy & Finance, the Center for Policy Research on Energy and Environment, the Andlinger Center for Energy and the Environment, and the High Meadows Environmental Institute.
All session
Climate change has emerged as the defining issue of the twenty-first century, a root cause of social and economic upheavals that will affect multiple generations. In order to meet the 1.5°C global warming target set by the Paris Agreement and minimize the impacts of climate change, global carbon dioxide emissions should reach net zero by 2050. What will it take for us to stabilize and reduce the concentration of carbon dioxide in Earth's atmosphere? This conference will explore the science behind the net-zero goals, optimal pathways to achieving the targets, the political and behavioral constraints, and the role of markets. The conference will include presentations by leading climate scientists, economists, and financial industry experts.
Co-sponsored by the Julis-Rabinowitz Center for Public Policy & Finance, the Center for Policy Research on Energy and Environment, the Andlinger Center for Energy and the Environment, and the High Meadows Environmental Institute.
All session
Zoom registration is required.
Why has China grown so fast for so long despite vast corruption? In her new book, China’s Gilded Age: The Paradox of Economic Boom and Vast Corruption (2020), Yuen Yuen Ang argues that not all types of corruption hurt growth, nor do they cause the same kind of harm. Ang unbundles corruption into four varieties: petty theft, grand theft, speed money, and access money. While the first three types impede growth, access money, or elite exchange of power and profit, cuts both ways. 'Access money' both stimulates investment and growth and produces serious risks for the economy and political system. Since China opened its markets, corruption has evolved toward access money. Drawing on a range of data sources, Ang explains the evolution of Chinese corruption, how it differs from the West and other developing countries, and how Xi's anti-corruption campaign could affect growth and governance. In this formidable yet accessible book, Ang challenges
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