COVID-19: The Economic Impact in China
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On Friday, May 15, 2020, the King Center on Global Development held a special virtual event with the Walter H. Shorenstein Asia-Pacific Research Center on the economic impact of COVID-19 in China. Four Stanford faculty members analyzed the Chinese government’s initial response, as well as how the virus impacted urban and rural employment and the health care sectors.
Stanford faculty members Karen Eggleston, Hongbin Li, Scott Rozelle, and Xueguang Zhou shared their expertise during this critical time as China lifts its lockdown and US cases of COVID-19 ramp up.
About the speakers:
Karen Eggleston is senior fellow at the Freeman Spogli Institute for International Studies (FSI) at Stanford University, and director of the Stanford Asia Health Policy Program and deputy director of the Shorenstein Asia-Pacific Research Center at FSI. She is also a fellow with the Center for Innovation in Global Health at Stanford University School of Medicine, and a faculty research fellow of the National Bureau of Economic Research (NBER). Eggleston earned her PhD in public policy from Harvard University and has MA degrees in economics and Asian studies from the University of Hawaii and a BA in Asian studies summa cum laude (valedictorian) from Dartmouth College. Eggleston studied in China for two years and was a Fulbright scholar in Korea. Her research focuses on government and market roles in the health sector and Asia health policy, especially in China, India, Japan, and Korea; healthcare productivity; and the economics of the demographic transition. She served on the Strategic Technical Advisory Committee for the Asia Pacific Observatory on Health Systems and Policies, and has been a consultant to the World Bank, the Asian Development Bank, and the WHO regarding health system reforms in the PRC.
Hongbin Li is the James Liang Director of the China Program at the Stanford King Center on Global Development, and a senior fellow of Stanford Institute for Economic Policy Research (SIEPR). Hongbin Li obtained a PhD in economics from Stanford University in 2001 and joined the economics department of the Chinese University of Hong Kong (CUHK), where he became full professor in 2007. He was also one of the two founding directors of the Institute of Economics and Finance at the CUHK. He taught at Tsinghua University in Beijing 2007-2016 and was C.V. Starr Chair Professor of Economics in the School of Economics and Management. He also founded and served as the executive associate director of the China Data Center at Tsinghua. He also co-directs the China Enterprise Survey and Data Center at Wuhan University, which conducts the China Employer-Employee Survey (CEES).
Scott Rozelle is the Helen F. Farnsworth Senior Fellow and the co-director of the Rural Education Action Program in the Freeman Spogli Institute for International Studies at Stanford University. He received his BS from the University of California, Berkeley, and his MS and PhD from Cornell University. Previously, Rozelle was a professor at the University of California, Davis and an assistant professor in Stanford’s Food Research Institute and department of economics. He currently is a member of several organizations, including the American Economics Association, the International Association for Agricultural Economists, and the Association for Asian Studies. Rozelle also serves on the editorial boards of Economic Development and Cultural Change, Agricultural Economics, the Australian Journal of Agricultural and Resource Economics, and the China Economic Review.
Xueguang Zhou is the Kwoh-Ting Li Professor in Economic Development, a professor of sociology and an Freeman Spogli Institute for International Studies senior fellow. His main area of research is institutional changes in contemporary Chinese society, focusing on Chinese organizations and management, social inequality, and state-society relationships. One of his current research projects is a study of the rise of the bureaucratic state in China. He works with students and colleagues to conduct participatory observations of government behaviors in the area of environmental regulation enforcement, in policy implementation, in bureaucratic bargaining, and in incentive designs. With colleagues and students, he also studies patterns of career mobility and personnel flow among different government offices to understand intra-organizational relationships in the Chinese bureaucracy.
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