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Shang-Jin Wei

Shang-Jin Wei

Writing for PS since 2015
57 commentaries
1 videos & podcasts

Shang-Jin Wei, a former chief economist at the Asian Development Bank, is Professor of Finance and Economics at Columbia Business School and Columbia University‚Äôs School of International and Public Affairs. 

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  1. Measuring Corruption in China
    ydeng1_ Feng LiGetty Images_chinapolicecorruption Feng Li/Getty Images

    Measuring Corruption in China

    Sep 21, 2023 Yongheng Deng & Shang-Jin Wei outline a novel approach to assessing the extent and scope of the country's graft problem.

  2. China Must Avoid a Debt-Deflation Spiral
    wei57_Sheldon CooperSOPA ImagesLightRocket via Getty Images_chinastockmarket Sheldon Cooper/SOPA Images/LightRocket via Getty Images

    China Must Avoid a Debt-Deflation Spiral

    Sep 4, 2023 Shang-Jin Wei urges economic policymakers to be far more aggressive in stimulating aggregate demand.

  3. Containing the Collateral Damage of America’s China Policy
    wei56_Mark Schiefelbein - PoolGetty Images_yellenchina Mark Schiefelbein/Pool/Getty Images

    Containing the Collateral Damage of America’s China Policy

    Jul 10, 2023 Shang-Jin Wei outlines steps that US policymakers should take to maintain global economic and geopolitical stability.

  4. A Reality Check for the Renminbi
    wei55_FREDERIC J. BROWNAFP via Getty Images_renminbi Frederic J. Brown/AFP via Getty Images

    A Reality Check for the Renminbi

    Apr 6, 2023 Shang-Jin Wei explains why the greenback will likely continue to reign supreme in global markets in the near term.

  5. Can China Save Its Economic Miracle?
    wei54_Chen JiminChina News Service via Getty Images_chinaolineeducation Chen Jimin/China News Service via Getty Images

    Can China Save Its Economic Miracle?

    Jan 4, 2023 Shang-Jin Wei outlines the challenges facing the country as firms and households get out from under pandemic restrictions.

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  1. ito31_EVELYN HOCKSTEINPOOLAFP via Getty Images_modibidenlulag20 Evelyn Hockstein/Pool/AFP via Getty Images

    Whither the G20?

    Takatoshi Ito

    Following the latest G20 summit, the G7 should be thinking seriously about deepening its own ties with more non-aligned countries. If the Ukraine war drags on, and if China continues to threaten to take Taiwan by force, the G20 will be split between friends of the BRICS and friends of the G7.

    sees the grouping as increasingly divided between friends of the G7 and friends of China and Russia.
  2. kitaw1_Per-Anders PetterssonGetty Images_africamining Per-Anders Pettersson/Getty Images

    Making the Most of Africa’s Strategic Green Minerals

    Marit Kitaw explains how the continent can move beyond resource extraction to build green industry.
  3. frankel128_ plus49Construction PhotographyAvalonGetty Images_emissions plus49Construction PhotographyAvalonGetty Images

    America Must Join Europe’s Climate Club

    Gary Yohe & Roger Kuhns urge US policymakers to create a carbon-pricing policy in line with the bloc’s emissions-reduction plan.
  4. ydeng1_ Feng LiGetty Images_chinapolicecorruption Feng Li/Getty Images

    Measuring Corruption in China

    Yongheng Deng & Shang-Jin Wei outline a novel approach to assessing the extent and scope of the country's graft problem.
  5. tyson115_ Chip SomodevillaGetty Images_local reporters Chip Somodevilla/Getty Images

    To Protect Democracy, Revive Local Journalism

    Laura Tyson & Lenny Mendonca identify promising new models and philanthropic initiatives geared toward supporting independent media.
  6. sjohnson2_ GHIEducation ImagesUniversal Images Group via Getty Images)_chemo GHI/Education Images/Universal Images Group via Getty Images

    How to Achieve Universal Cancer Care

    Sonali Johnson urges governments worldwide to include the disease in national health-insurance schemes.
  7. roubini181_mmxxmmGetty Images_digitalclimate mmxxmm/Getty Images

    What Climate Finance Needs

    Nouriel Roubini & Reza Bundy

    To prevent catastrophic climate change and accelerate the global transition to a net-zero economy, policymakers and asset owners urgently need to rethink how we channel capital at scale. The key is to develop new financial instruments that are profitable, liquid, and easily accessible to savers and investors globally.

    explain what it will take to channel private capital and savings toward sustainable development.
  8. galbraith28_ Chip SomodevillaGetty Images_biden Chip Somodevilla/Getty Images

    Down on the Biden Economy

    James K. Galbraith thinks the failure of wages to keep up with inflation explains much of the public’s dour mood.
  9. norloff2_PM ImagesGetty Images_dollar PM Images/Getty Images

    The Dollar’s Full-Spectrum Dominance

    Carla Norrlöf foresees the greenback’s continued global hegemony owing to network effects and opportunism.

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