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Justin Yifu Lin
JustinYifuLin Portrait.jpg
Born (1952-10-15) October 15, 1952 (age 60)
Yilan County, Taiwan
Nationality  People's Republic of China
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 as Zhengyi Lin, (simplified Chinese: 林正义; traditional Chinese: 林正義; pinyin: Lín Zhèngyì) on October 15, 1952, in Yilan County, Taiwan, is a Chinese economist and former Chief Economist and Senior Vice President of the World Bank.[1]

Contents

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 Marxist 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 (ROC Army) in Taiwan, he defected to Mainland China on May 17, 1979, under the control of the Republic of China (Taiwan), to the nearby island of Xiamen of the People's Republic of China (Mainland China). 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 desertion.[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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2001 videos foundNext > 

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 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...

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...

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...

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...

Demystifying the Chinese Economy

Speaker: Professor Justin Lin Chair: Professor Danny Quah Recorded on 18 December 2012 in Old Theatre, Old Building. As a result of the miraculous growth sin...

More Relatively-Poor People in a Less Absolutely-Poor World (slide-audio)

Speaker(s): Martin Ravallion Chair: Professor Craig Calhoun Recorded on 22 November 2012 in Old Theatre, Old Building. Relative deprivation, shame and social...

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

林毅夫Justin yifu我在世行这一年-杨澜访谈录

林毅夫(英文名:Lin, Justin yifu[2],1952年10月15日-),生于台湾宜兰县,原名林正义,后改林正谊,到中国大陆后再改现名。2008年出任世界银行首席经济师兼负责发展经济学的资深副行长,与妻子陈云英育有两名子女,定居于北京,现为中华人民共和国公民。中华民国政府(总统府与国防部等)方面则迄今坚...

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)

2001 videos foundNext > 

25 news items

BBC News

BBC News
Sun, 12 May 2013 15:55:05 -0700

One worry expressed to me about rebalancing towards services and focusing on consumers came from one of China's best-known economists and the former World Bank chief economist, Justin Yifu Lin of Peking University. He stresses that consumption ...

BBC News

BBC News
Tue, 14 May 2013 02:57:41 -0700

Linda answers: Inequality is at a level causing social resentment, according to the former World Bank Chief Economist Justin Yifu Lin. For China to grow whilst relying on its own market will depend on the rest of of the 1.3 billion people joining the ...
 
Xinhua
Mon, 06 May 2013 02:09:35 -0700

With the efforts, Justin Yifu Lin become the first WB chief economist to come from a developing country in 2008 while Zhu Min was appointed Deputy Managing Director of the IMF in 2011. Ken Miller, a member of the U.S. State Department's Advisory ...
 
Chinadaily USA
Thu, 18 Apr 2013 23:47:25 -0700

Economists, including the former World Bank chief economist Justin Yifu Lin, predicted that the growth of the world's second largest economy will be around 8 percent this year. "But as a developing country and a transitional economy, China certainly ...
 
People's Daily Online
Fri, 03 May 2013 03:38:42 -0700

In his "New Structural Economics," Justin Yifu Lin, former senior vice president and chief economist of the World Bank, stressed the idea that "the structural features of developing economies need to be taken into account in analyzing the process of ...
 
4-traders (press release)
Mon, 29 Apr 2013 23:35:50 -0700

Also in this issue, economist Justin Yifu Lin explains how a renewed commitment to market reforms would reduce inequality in the People's Republic of China. It also reveals Cambodia's struggle to curb child mortality - a tragic symptom of inequality ...
 
Quotidien du Peuple
Fri, 03 May 2013 01:59:29 -0700

Lin Yifu (connu aussi sous le nom de Justin Yifu Lin) semble être depuis toujours un sujet de choix pour les médias. Ce n'est pas seulement en raison de sa renommée et de sa position dans le monde des études économiques, mais aussi du fait de son ...
 
China Radio International
Tue, 23 Apr 2013 20:27:30 -0700

Mantan Wakil Presiden Senior Bank Dunia Justin Yifu Lin kemarin (23/4) di Hangzhou mengatakan laju pertumbuhan ekonomi Tiongkok terpelihara pada 8 persen selama 20 tahun terakhir. Jastin Yifu Lin berpendapat ekonomi Tiongkok mempunyai potensi ...
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