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Opinions
David Daokui Li: How to boost consumption? Offer direct subsidies to consumers on the payment side
On May 6, during the 2023 Tsinghua PBCSF Chief Economists Forum, David Daokui Li, Director of the Academic Center for Chinese Economic Practice and Thinking (ACCEPT) at Tsinghua University, said in an interview with Economic View that when it comes to stimulating consumption, we should learn from and promote the lessons derived from Shanghai’s own experience.Economic View -
Academic Papers
Journal Article: “Chinese Modernization: Spearheading New Globalization and Inspiring an Emerging Field of Study”
This paper identifies three aspects in which Chinese modernization may have a profound influence on the global economic landscape after examining China’s changing role in the global economy over the past millennium.David Daokui Li, Meixin Guo, Kun Lang, Lin Lu -
Opinions
David Daokui Li: Top 5 growth industries to spur China’s economic development over next 5-10 years
According to an editorial published on China Securities Net (www.cnstock.com) by Shanghai Securities News on March 19, renowned economist and director of the Academic Center for Chinese Economic Practice and Thinking (ACCEPT) at Tsinghua University, David Daokui Li, recently joined the 2023 Dark Horse Industry Conference where he delivered a keynote address focused on the topic of “Trends and Opportunities for Chinese Industry.”Shanghai Securities News -
Policy Advice
David Daokui Li: CPPCC Proposal on Promoting the Establishment of a Unified National Carbon Emissions Market
On March 5, 2022, David Daokui Li submitted the following Proposal on Promoting the Establishment of a Unified National Carbon Emissions Market to the CPPCC. Professor Li is the Director of the Academic Center for Chinese Economic Practice and Thinking (ACCEPT) and a nonpartisan member of the CPPCC National Committee.David Daokui Li
News
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Eric S. Maskin: Government involvement in credit and financial markets essential for maintaining credit stability
ACCEPT/SAGE 2023-04-27 -
David Daokui Li: Advancing discipline of government and economics a joint effort for international academic community
ACCEPT/SAGE 2023-04-27 -
Rohini Somanathan: Reflecting on India as a case study into identity, inequality and public policy
ACCEPT/SAGE 2023-04-27 -
Edmund Phelps: China’s latent capacity for innovation hinges on effectively harnessing its economic dynamism
ACCEPT/SAGE 2023-04-27
Government and Economics
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New structural economics: A framework of studying government and economics
AbstractNew structural economics is a new framework for rethinking economic development following structuralism and neoliberalism after World War II. This framework uses a neoclassical approach to study the determinants of economic structure and its evolution in a countrys economic development (Lin, 2011). We argue that a countrys economic structure is endogenous to its factor endowments, and that the key for developmental success is to have a facilitating government to help entrepreneurs overcoJustin Yifu Lin -
Migration and redistribution: Why the federal governance of an economic union does matter
Federal governance matters. Policy coordination allows the economic union to exercise monopsony power over migrants. Therefore the migration volumes under the policycompetition regime exceed those under the policy-coordination regime. With loose federal governance, competition over low-skilled migrants, who come with no capital, induces the individual member state to raise the provision of social benefit, so as to attract more migrants when starting from the coordination equilibrium. As a resultAssaf Razin, Efraim Sadka -
Government and economics: An emerging field of study
In this paper, we discuss the field of government and economics, an emerging body of work that aims to better understand government's role, incentives and behavior in a modern market economy, as well as how government actions shape the economy's performance.David Daokui Li, Eric S. Maskin -
Zheng Zhijie: Respect the market and improve the role of government
Excerpts from Zheng Zhijie's presentation at “Collapse and Rebirth” – IFENG Finance 9thSummit, translated by ACCEPTIn his remarks at the IFENG Finance 9thSummit, Zheng Zhijie, Former President of the China Development Bank, pointed out that the 14thFive-Year Plan period is a critical time for China to overcome the middle-income trap. To make full use of this decisive time, the first priority is to comprehensively deepen reforms to promote better integration of effective markets and capable goverExcerpts from Zheng Zhijie's presentation at “Collapse and Rebirth” – IFENG Finance 9th Summit, translated by ACCEPT -
Public Health, Elementary Education and Infrastructure Constitutes the Foundation of Future Economic Development
In the early years of the People's Republic of China, war, famine and infectious diseases made it difficult to ensure the basic health level of the people. In 1949, the average life expectancy in China was only 35 years, and the infant mortality rate was as high as 200‰1. Faced with such rigorous challenges and the lack of medical resources, China urgently needed to build a public health system to solve the most basic medical problems of the people.excerpted from Economic Lessons from 70 Years of China's Development
The Journal of Government and Economics is focused on publishing high caliber, original research papers in the field of government and economics. This journal aims to provide a platform for the exchange of insights on the relationship between the government and the market, create space for the development of the emerging field of government and economics, and foster a better understanding of the government's role in the market economy, as well as the government's incentives and behaviors. JGE is an international publication and the official publication of SAGE. It is also an open access (OA) and rapidly publishing (ABP) journal.
The Society for the Analysis of Government and Economics, SAGE, aims to promote academic research in the subject of government and economics, including topics such as the incentives, behavior, and role of the government in an economy. The Society is a disinterested, academic organization avoiding political, social, commercial, or nationalistic bias. The inaugural co-presidents of SAGE are 2007 Nobel Laureate Harvard Professor Eric S. Maskin and Professor David Daokui Li of Tsinghua University. The Society has an open international membership from countries such as the United States, Europe, China, and other developing countries. Main activities of the Society include organizing academic conferences and publishing an academic journal.
For more information, please visit http://en.sage-econ.org/