Despite ongoing initiatives to reduce its trade surplus and encourage domestic consumption, China’s growth remains unbalanced — heavily dependent on exports and investment.
What does all of this mean for the U.S. and the global economy? How will new labor initiatives and legislation in China affect job growth and economic stability? And what obstacles must China overcome to establish a more economically, ecologically and socially sustainable form of development?
Eli Friedman, assistant professor of international and comparative labor and an expert on labor in China, will share research and insight on recent developments in China. This includes discussion of emerging issues relating to China’s existing model of growth, the impact on U.S. jobs, and broader economic implications for the world.
Eswar Prasad, the Tolani Senior Professor of Trade Policy at Cornell, and Steve Miranda, managing director, Cornell ILR’s Center for Advanced Human Resource Studies, also will offer perspectives on this topic during the program.