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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 62)
Yilan County, Taiwan
Nationality Chinese
PRC from 1979
ROC till 1979
Institution World Bank
Peking University
Field Political economy
Alma mater Republic of China Military Academy(Infantry)
National Chengchi University(MA)
Peking University(MA)
University of Chicago(PhD)
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 (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 978-0-691-15589-0. 
  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 (in Chinese). Beijing, China: 爱思想网(http://www.aisixiang.com). 
  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) (in Chinese) (Hsinchu, Taiwan, Republic of China: 中華民國文化研究學會 (Cultural Studies Association of ROC)) (16). 

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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566 news items

ValueWalk

ecns
Tue, 05 May 2015 22:03:45 -0700

China has the conditions to achieve an annual economic growth of more than 7 percent this year and during the 2016-2020 period, Justin Yifu Lin, former chief economist and senior vice president of the World Bank, said. The "around 7 percent" economic ...

South China Morning Post (subscription)

South China Morning Post (subscription)
Thu, 21 May 2015 18:37:16 -0700

In 2008, Taiwan-born Peking University professor of economics Justin Yifu Lin was appointed the World Bank's chief economist and senior vice-president. He was followed by the former Chinese central banker Zhu Min , who became the IMF's deputy ...
 
NewsMada - Les Actus De Madagascar
Sun, 17 May 2015 23:00:00 -0700

PEKIN – Tous les pays à faibles revenus ont le potentiel pour avoir une croissance économique dynamique. Nous le savons parce que nous l'avons constaté à plusieurs reprises : une économie agricole pauvre se transforme en une économie urbaine ...
 
Project Syndicate
Thu, 29 Jan 2015 04:55:49 -0800

BEIJING – In the 35 years since China's transition to a market economy began, the country has grown at an average rate of 9.8% – an explosive and unprecedented rise. But there are signs that the Chinese miracle is coming to an end – or at least that ...
 
Project Syndicate
Thu, 19 Feb 2015 02:50:13 -0800

BEIJING – All low-income countries have the potential for dynamic economic growth. We know this because we have seen it happen repeatedly: a poor, agrarian economy transforms itself into a middle- or even high-income urban economy in one or two ...
 
Project Syndicate
Wed, 04 Mar 2015 08:20:09 -0800

SINGAPORE – Infrastructure projects can be among the most productive investments a society can make, with clear links to a country's economic growth. For private investors, however, the situation is more complicated. Infrastructure projects can offer ...

Saudi Gazette

Saudi Gazette
Wed, 20 May 2015 14:56:15 -0700

As the young grow to the age of entering the workforce, they create a "demographic bomb" according to Justin Yifu Lin, a former World Bank chief economist and senior vice president, where the typical age pyramid of a society is distorted, which burdens ...

Telegraph.co.uk

Telegraph.co.uk
Sat, 25 Apr 2015 11:31:59 -0700

By Justin Yifu Lin. 7:27PM BST 25 Apr 2015. More Chinese news and features at telegraph.co.uk/chinawatch. Gao Hucheng, China's minister of commerce. The attitude of foreign investors toward China as their main investment destination has not changed.
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