Some Chinese Monetary Lessons Old and New

Since 1986, Professor Richard Burdekin has dedicated himself to educating his students in the intricacies of economics. In recognition of his commitment to teaching and his leadership as the chair of the Department of Economics, he recently was named as the Jonathan B. Lovelace Professor of Economics at Claremont McKenna College.

Prior to joining CMC in 1989, Professor Burdekin was a visiting scholar at the Federal Reserve Bank of Dallas (1985-1986) and assistant professor of economics at the University of Miami (1986-1989). His main research interests include inflation and deflation, central bank policymaking, international economics, and Chinese economic reforms. In addition, he is a member of the American Economic Association, as well as a referee for the American Economic Review, the Economic Journal, and the Journal of Money, Credit, and Banking, among others.

Well published, Professor Burdckin's work has appeared in over 25 journals and 8 books. In addition, he has coauthored or edited four books, his newest Deflation: Current and Historical Perspectives (coedited with Pierre L. Siklos) scheduled to be published by Cambridge University Press later this year.

The Athenaeum talk will include such timely discussions as achieving price stability through intervention in commodity markets (primarily focusing on the Mao era but also drawing parallels with more recent policy proposals and actions including those of Bill Clinton), the role of a fixed exchange rate in exporting or importing inflation, and the outlook for China's economy and the pressures on monetary policy today.