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Shang-Jin Wei

Shang-Jin Wei

Writing for PS since 2015
61 commentaries
1 videos & podcasts

Shang-Jin Wei, a former chief economist at the Asian Development Bank, is Professor of Finance and Economics at Columbia Business School and Columbia University’s School of International and Public Affairs. 

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  1. Is India’s Economy Overhyped?
    wei60_MANJUNATH KIRANAFP via Getty Images_india population MANJUNATH KIRAN/AFP via Getty Images

    Is India’s Economy Overhyped?

    Apr 17, 2024 Shang-Jin Wei argues that the country’s rapid development, while undeniable, conceals deeper structural problems.

  2. The Right Response to China’s Electric-Vehicle Subsidies
    wagner28_ PEDRO PARDOAFP via Getty Images_yellen PEDRO PARDO/AFP via Getty Images

    The Right Response to China’s Electric-Vehicle Subsidies

    Apr 5, 2024 Gernot Wagner & Shang-Jin Wei explains why the United States and the European Union are considering tariffs – and why that’s a bad idea.

  3. How Can the World’s Growth Engine Do Better?
    wei59_EBECCA BAILEYAFP via Getty Images_china growth REBECCA BAILEY/AFP via Getty Images

    How Can the World’s Growth Engine Do Better?

    Jan 5, 2024 Shang-Jin Wei recommends a three-step plan to bolster business confidence and restore China's lost momentum.

  4. Biden Missed an Opportunity to Help America – and Himself
    wei58_US Trade Representative did not attend the San Francisco summit_biden xi BRENDAN SMIALOWSKI/AFP via Getty Images

    Biden Missed an Opportunity to Help America – and Himself

    Nov 23, 2023 Shang-Jin Wei touts the economic benefits – not least for US voters – of rolling back trade tariffs on Chinese imports.

  5. Measuring Corruption in China
    ydeng1_ Feng LiGetty Images_chinapolicecorruption Feng Li/Getty Images

    Measuring Corruption in China

    Sep 21, 2023 Yongheng Deng & Shang-Jin Wei outline a novel approach to assessing the extent and scope of the country's graft problem.

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  1. klee19_Gerhard JorenLightRocket via Getty Images_hyundaimanufacturing Gerhard Joren/LightRocket via Getty Images
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    What Fiscally Sound Industrial Policy Can Do

    Keun Lee highlights three tools that can support domestic-market growth and development without breaking the bank.
  2. boskin94_Elijah NouvelageGetty Images_voting ANDREW CABALLERO-REYNOLDS/AFP via Getty Images
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    Why Voters Are Unhappy About the Biden Economy

    Michael J. Boskin explains why Americans do not share the White House’s rosy assessment of its economic track record.
  3. ginsberg1_Tayfun CoskunAnadolu Agency via Getty Images_january6journalistviolence Tayfun Coskun/Anadolu Agency via Getty Images
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    Our Freedoms Depend on Press Freedom

    Jodie Ginsberg warns that the increased targeting of journalists and the media is a key indicator of democratic erosion.
  4. balasegaram2_JOHN WESSELSAFP via Getty Images_africaflood John Wessels/AFP via Getty Images
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    Climate Change Is a Worse Health Threat Than We Think

    Manica Balasegaram warns that the world is underestimating the extent to which global warming will fuel antimicrobial resistance.
  5. delong259_ChesnotGetty Images_musk Omar Marques/Getty Images
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    Musk Has Made Tesla a Meme Stock

    J. Bradford DeLong

    Although Tesla appears to be wildly overvalued compared to rival automakers, its shareholders are betting that they can sell their holdings to a greater fool in the near future, and Elon Musk is eagerly indulging their speculative exuberance. None of it bodes well for company’s workers, suppliers, and other customers.

     worries that the first mover in electric vehicles is increasingly running on bucket-shop hype.
  6. buchholz15_Al Drago-PoolGetty Images_yellen Al Drago/Pool/Getty Images
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    The US Treasury’s Bond Blunder Will Cost Gen Z Dearly

    Todd G. Buchholz & James Carter thinks the US should have locked in favorable borrowing rates when it had the chance.
  7. james217_ Christopher FurlongGetty Images_gold Christopher Furlong/Getty Images
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    What’s Driving the Global Gold Rush?

    Harold James considers the political factors pushing the price of the “barbarous relic” to all-time highs.
  8. stiglitz333_ Chip SomodevillaGetty Images_bidentrump Chip Somodevilla/Getty Images
    3

    Global Elections in the Shadow of Neoliberalism

    Joseph E. Stiglitz

    While scandals, culture wars, and threats to democracy dominate the headlines, the biggest issues in this super election year ultimately concern economic policies. After all, the rise of anti-democratic populist authoritarianism is itself the legacy of a misbegotten economic ideology.

     considers what 40 years of anti-government, low-tax, deregulatory advocacy have wrought around the world.
  9. terzi6_green transition degrowth Getty Images
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    Averting Climate Catastrophe Requires Economic Growth

    Alessio Terzi & Gernot Wagner show why shrinking the global economy, as envisaged by advocates of degrowth, is a bad way to cut emissions.

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