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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 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.
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16 news items

 
WantChinaTimes
Sat, 30 Aug 2014 18:12:22 -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 ...
 
Business Spectator
Sun, 10 Aug 2014 18:07:30 -0700

There are China bulls, and then there's Justin Yifu Lin, the former chief economist of the World Bank. While China bears and their pessimism are the new black in the world of finance, Lin still maintains his bullish view that the country still has the ...

CCTV

CCTV
Wed, 06 Aug 2014 05:45:00 -0700

Academics attending the Wednesday meeting included members of the Chinese Academy of Sciences, the Chinese Academy of Social Sciences, and Justin Yifu Lin, economist and professor with Peking University. Since 2001, more than 700 experts in ...

Vancouver Sun

Vancouver Sun
Tue, 05 Aug 2014 12:08:56 -0700

former chief economist and senior vice president of the World Bank, Justin Yifu Lin, was presented in May with an honorary doctoral degree from UBC for his contributions to the field of economics and development. Lin has written extensively about the ...
 
economia
Fri, 15 Aug 2014 01:03:45 -0700

Following this intuition, Justin Yifu Lin, the former chief economist of the World Bank, has suggested that when countries choose what to do next, they should look at a successful country that was similar to them two decades ago. But we should be able ...

Irish Times

Irish Times
Mon, 18 Aug 2014 17:32:27 -0700

Former World Bank chief economist of the World Bank, Justin Yifu Lin, is out-and-out bullish on China's prospects, believing the country has the potential to maintain economic growth of between seven and eight per cent for at least another two decades.
 
AllAfrica.com
Mon, 11 Aug 2014 11:45:00 -0700

The best thing about being a Visiting Fellow (in my case both at IDS and UNU-WIDER) is that you meet people from very different networks. Another good thing is that sometimes you stop "visiting" and get to sit down and record what you have learnt ...
 
Business Spectator
Tue, 12 Aug 2014 14:13:26 -0700

On Monday, Business Spectator published an interesting interview with Justin Yifu Lin, the former chief economist of the World Bank, who remains optimistic that China can continue its fast-paced growth of 7-8 per cent for another couple of decades.
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