digplanet beta 1: Athena
Share digplanet:

Agriculture

Applied sciences

Arts

Belief

Business

Chronology

Culture

Education

Environment

Geography

Health

History

Humanities

Language

Law

Life

Mathematics

Nature

People

Politics

Science

Society

Technology

This article is about the economist. For the director, see Justin Lin. For the murder victim nicknamed Justin Lin, see Lin Jun.
Justin Yifu Lin
JustinYifuLin Portrait.jpg
Born (1952-10-15) October 15, 1952 (age 61)
Yilan County, Taiwan
Nationality Chinese
PRC from 1979
ROC till 1979
Institution World Bank
Peking University
Field Political economy
Alma mater University of Chicago
Peking University
National Chengchi University
Information at IDEAS/RePEc

Justin Yifu Lin (Chinese: 林毅夫; pinyin: Lín Yìfū), born on October 15, 1952, in Yilan County, Taiwan, as Zhengyi Lin, (simplified Chinese: 林正义; traditional Chinese: 林正義; pinyin: Lín Zhèngyì) is a Chinese economist and former Chief Economist and Senior Vice President of the World Bank.[1]

Biography[edit]

Career and education[edit]

Lin is the founder and first director of the China Center for Economic Research and a former professor of economics at Peking University and at the Hong Kong University of Science and Technology. He received an MBA degree from National Chengchi University in 1978, a Master's degree in political economy from Peking University in 1982, and a PhD in economics from the University of Chicago in 1986.

He was one of the first PRC citizens to receive a PhD in economics from Chicago,[2] and is a leading Chinese economist; he serves as a consultant to major international organizations and is on the editorial board of several international academic economics journals.

On September 16, 2008, Fordham University honored Justin Yifu Lin a reception for his being chief economist and senior vice president of the World Bank.[3]

He received an Honorary Doctorate from Fordham in 2009[4] and was elected a Corresponding Fellow of the British Academy in 2010. His 2012 book, The Quest for Prosperity: How Developing Economies Can Take Off, argued for an active role for government in nurturing development, not just through the traditional provision of infrastructure and legal enforcement, but also by identifying and actively supporting industries that contribute to growth.[5]

Defection[edit]

Justin Yifu Lin and his wife at the Frankfurt Book Fair 2009

In 1976 Lin entered the MBA program at National Chengchi University in Taiwan on a defense scholarship and returned to the army upon receiving his MBA in 1978. As a captain in the Republic of China Army in Taiwan, he defected to Mainland China on May 17, 1979, to the nearby island of Xiamen of Mainland China with sensitive materials. Lin left his pregnant wife and his three-year-old child in Taiwan; a year after he defected, he was declared "missing" by the ROC Army and his wife claimed the equivalent of US$31,000 from the government.[6] His wife and their children joined him years later when both of them went to study in the United States.[7] While an officer in the ROC Army, Lin was held up as a model soldier; after his desertion, the ROC originally listed him as missing but in 2000 issued an order for his arrest on charges of defection.[8]

In a letter written to his family in Taiwan about a year after his defection, Lin stated that "based on my cultural, historical, political, economic and military understanding, it is my belief that returning to the motherland is a historical inevitability; it is also the optimal choice."[6][9] A National Taiwan University alumnus Hongsheng Zheng (鄭鴻生) confirmed Lin's reason and motive.[10] Lin's oldest brother said it was unfair to brand his younger brother a traitor. "I don't understand why people regard him as a villain," he said. "My brother just wanted to pursue his ambitions."[7]

References[edit]

  1. ^ http://www.eeo.com.cn/ens/2012/0605/227701.shtml
  2. ^ 凤凰网财经人物 (Phoenix Television: The People of Financial Circles), "林毅夫详细资料 (resume of Lin, Yifu)"[1], Phoenix Television, 2010. (Chinese)
  3. ^ Howe, Bob (October 14, 2008). "Chief World Bank Economist Honored by Fordham". Inside Fordham University online. Lincoln Center Campus New York, NY 10023: Fordham University. 
  4. ^ Teagle, Melanie (Commencement 2009). "One Hundred Sixty Fourth Annual Commencement". UNIVERSITY COMMENCEMENT. Lincoln Center Campus New York, NY 10023: Fordham University. 
  5. ^ Lin, Justin Yifu (2012). The Quest for Prosperity: How Developing Economies Can Take Off Justin Yifu Lin. Princeton, NJ: Princeton University Press. ISBN 978-0-691-15589-5 Check |isbn= value (help). 
  6. ^ a b Jennifer Chou: World Bank's Chief Economist Swam to China?, The Weekly Standard, February 11, 2008
  7. ^ a b "Justin Lin's wife pays her respects". Taipei Times. 2002-06-04. Retrieved 2008-01-22. 
  8. ^ "World Bank economist risks arrest if he visits". Taipei Times. 2008-02-07. Retrieved 2008-02-07. 
  9. ^ 林毅夫 (Justin Yifu Lin) (1980). "给表兄李建兴的信 (A letter to elder cousin Jianxing Li)". Published on Oct-18-2010. Beijing, China: 爱思想网(http://www.aisixiang.com). (Chinese)
  10. ^ 鄭鴻生 (Zheng, Hongsheng) (June 15, 2002). "青年林正義之路 (The Road Taken by Youth Zhengyi Lin)". 文化研究月報 (Monthly Cultural Studies). 三角公園 (Triangle Park) (Hsinchu, Taiwan, Republic of China: 中華民國文化研究學會 (Cultural Studies Association of ROC)) (16). (Chinese)

External links[edit]

Business positions
Preceded by
François Bourguignon
World Bank Chief Economist
2008-2012
Succeeded by
Kaushik Basu

Original courtesy of Wikipedia: http://en.wikipedia.org/wiki/Justin_Yifu_Lin — Please support Wikipedia.
This page uses Creative Commons Licensed content from Wikipedia. A portion of the proceeds from advertising on Digplanet goes to supporting Wikipedia.
18872 videos foundNext > 

Justin Yifu Lin predicts China's economic outlook (part 1)

Demystifying the Chinese Economy

Speaker: Justin Yifu Lin, Senior Economist and Senior Vice President, World Bank Sponsors: Institute of Governmental Studies, Institute of East Asian Studies...

Justin Lin: The New Chinese Economic Structure 2014

Justin Yifu Lin, Professor and Honorary Dean, National School of Development, Peking University and former Senior Vice President and Chief Economist, World B...

World Bank Chief Economist Justin Yifu Lin

"One-size-fits-all" economic models no longer work, and economists must re-think what is needed for sustainable growth around the world, the senior vice pres...

Justin Yifu Lin: Exporting China's Economic Model

Is the Chinese economic model an alternative to the Western capital markets model? A feature interview with Justin Yifu Lin, Chief Economist with The World B...

Justin Yifu Lin - UBC Vancouver 2014 Spring Honorary Degree Recipient

Justin Yifu Lin - UBC Vancouver 2014 Spring Honorary Degree Recipient.

Justin Yifu Lin: China's Economy, Long-Term Prospects

China's economic policy and development exert a profound influence on global financial markets and the U.S. economy. To better understand the future trajecto...

Justin Yifu Lin: a unique reflection on the global financial crisis

Justin Yifu Lin (Chief Economist of the World Bank 2008-2012) discusses the topics in his new book 'Against The Consensus' (Cambridge University Press, 2013)...

PEGNet 2011 04 part 1/6 Keynote Justin Yifu Lin

Keynote Address on New Structural Economics: A Framework for Rethinking Economic Development by Justin Yifu Lin (The World Bank)

Distinguished Public Lecture by Professor Justin Yifu Lin on "Demystifying the Chinese Economy"

Please visit CUTV for full version : http://www.cpr.cuhk.edu.hk/cutv/detail/279 The Chinese University of Hong Kong (CUHK) invited Prof. Justin Yifu Lin, For...

18872 videos foundNext > 

61 news items

 
Peking University News
Tue, 02 Sep 2014 23:11:15 -0700

Peking University, Sep. 2, 2014: On 13 July, 2014, Justin Yifu Lin, Honorary Dean of the National School of Development of Peking University, former World Bank senior Vice President and Vice Chairman of the National Federation of Industry and Commerce ...
 
ecns
Tue, 09 Sep 2014 17:00:00 -0700

Europe now faces the risk of another recession, its third since the global economic crisis of 2008-09, and such a development would lead to a fall in exports and investment from China to the region, said former World Bank chief economist Justin Yifu Lin.
 
WantChinaTimes
Sat, 30 Aug 2014 18:15:05 -0700

The members of the brains trust are Liu He, director of the Central Leading Group on Financial and Economic Affairs; Chen Wenxi, deputy director of the group; Justin Yifu Lin, deputy director of the Chinese People's Political Consultative Conference's ...

De Morgen

De Morgen
Wed, 10 Sep 2014 08:04:18 -0700

De KU Leuven en Vlerick Business School hebben vandaag een eredoctoraat uitgereikt aan de Chinese topeconoom Justin Yifu Lin (62). Lin stond aan de wieg van het China Centre for Economisch Research en de Nationaal School for Development aan ...
 
GlobalPost
Fri, 19 Sep 2014 07:03:45 -0700

As a developing country going through transformation, China definitely has structural problems, but declining growth in the past 18 quarters was caused by the external environment, said Justin Yifu Lin, former chief economist of the World Bank. He made ...

Chinadaily USA

Chinadaily USA
Sun, 14 Sep 2014 18:41:15 -0700

On a night in May 1979, as China was launching its reform and opening-up drive, a young soldier from Taiwan braved the Taiwan Straits by swimming from the outlying island of Quemoy to the mainland using basketballs as a floatation device. Justin Yifu ...

Wall Street Journal (blog)

Wall Street Journal (blog)
Thu, 11 Sep 2014 03:59:06 -0700

At a Peking University conference co-hosted by the IMF, it found an influential and surprising ally: Justin Yifu Lin, the former World Bank chief economist and tireless cheerleader for the state of China's economy. Mr. Lin famously — and ...

Wall Street Journal (blog)

Wall Street Journal (blog)
Mon, 15 Sep 2014 19:54:25 -0700

Opposition to freer flow of capital in and out of China by Mr. Yu and former World Bank chief economist Justin Yifu Lin, for instance, has slowed the central bank's plans to ease capital controls, say Chinese officials. Messrs. Yu and Lin have argued ...
Loading

Oops, we seem to be having trouble contacting Twitter

Support Wikipedia

A portion of the proceeds from advertising on Digplanet goes to supporting Wikipedia. Please add your support for Wikipedia!