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News Release

China Expert Nicholas R. Lardy to Join Institute for International Economics

February 20, 2003

Contact:    C. Fred Bergsten    (202) 328-9000

Washington, DC—The Institute for International Economics is delighted to announce that Nicholas R. Lardy will join its staff as a senior fellow on March 3. Dr. Lardy is one of the world's leading experts on the economy of China and its role in the world economy, and on the economic policies of the United States and other countries toward China. Dr. C. Fred Bergsten, Director of the Institute, noted in welcoming Dr. Lardy that "his arrival fills the one remaining gap in the Institute's coverage of leading issues and regions that drive the global economy."

Dr. Lardy has written the definitive studies on a number of aspects of the Chinese economy. His latest book, Integrating China Into the Global Economy (2002), explores how the reforms associated with the country's entry into the World Trade Organization will deepen its involvement in the world economy. His China's Unfinished Economic Revolution (1998) evaluates the reforms of China's banking system and state-owned enterprises, and what remains to be done in the future on those issues. Dr. Lardy's China in The World Economy, published by the Institute in 1994, analyzed the country's overall global economic role and potential prominence. He has written on China's economic growth and agriculture policy as well as its international trade, exchange rate and investment policies.

Dr. Lardy has been a senior fellow in the Foreign Policy Studies Program at the Brookings Institution since 1995. He has taught at Yale University (1975-83, 1997-2000) and the University of Washington (1985-95), where he was chair of the China Program and became Dean of the Henry M. Jackson School of International Studies (1991-95). He serves on the Board of Directors and Executive Committee of the National Committee on United States-China Relations and is a member of the Editorial Board of The China Quarterly, the Journal of Asian Business, and the China Economic Review. Dr. Lardy received his Ph.D. in Economics from the University of Michigan in 1975.

About the Institute

The Institute for International Economics is the only major research center in the United States that is devoted to global economic policy. Its staff of about 50 emphasizes macroeconomic topics, international money and finance, trade and related social issues, and international investment, and covers all key regions—especially Europe, Asia, and Latin America. The Institute averages one or more publications per month; holds one or more meetings, seminars, or conferences almost every week; and is widely tapped over its popular Web site. It celebrated its twentieth anniversary in 2001 and moved into its new building at 1750 Massachusetts Avenue, NW, in the summer of 2001.