This person is no longer with the Carnegie Endowment.
Albert Keidel joined the Carnegie Endowment in September 2004, after serving as acting director and deputy director for the Office of East Asian Nations at the U.S. Department of the Treasury. His work at the Endowment focuses on issues relating to China’s economic system reforms, macroeconomy, regional development, and poverty reduction strategy.
Before joining Treasury in 2001, he covered economic trends, system reforms, poverty, and country risk as a senior economist in the World Bank office in Beijing. Keidel has worked in China, Japan, and Korea and taught graduate economics courses on China, Japan, and economic development. He currently teaches a Georgetown University graduate course on China’s economy.
Featured Publication:
"China’s Economic Rise—Fact and Fiction," Carnegie Policy Brief (July 2008)
"China’s Economic Rise—Fact and Fiction," Technical Note (July 2008)
According to the World Bank, global economic growth is likely to contract by two percent this year. With export markets shrinking, many have questioned whether China’s domestic economy can supplement the revenue gap.
The ninth debate in Carnegie's "Reframing China Policy" debate series, focused on China's financial sector
China’s financial system is healthy, and its leaders are providing a swift and strong economic stimulus, but no one knows how far global trade will fall.
In light of the Obama administration's forecast that the government will borrow $3.7 trillion in the next two years, there are growing concerns over the willingness and ability of global investors to finance American debt.
China's GDP growth fell to 6.8% in the fourth quarter of 2008, raising concerns that its economy may be headed for a downturn.
Despite Treasury Tim Geitner's recent comments that China is manipulating its currency, it is difficult to assess China's monetary policies because its economy is in such flux.
China's recently released economic data for 2008 reveal a mixed economic picture: although weakened trade, declining rural incomes, low prices, and high interest rates are cause for concern, strong growth in agriculture, investment, retail sales, and urban household incomes bodes well for a recovery in 2009.
Les Echos interviewait récemment Albert Keidel, chercheur au Carnegie Endowment, quant à la crise économique. Il affirme que les autorités chinoises devraient encourager la consommation intérieure et les investissements domestiques et aborder la grogne sociale de manière équilibrée en distinguant bien les doléances légitimes des autres qui le sont beaucoup moins.
Les Echos recently interviewed Albert Keidel, a researcher at the Carnegie Endowment, about the economic crisis. He asserted that the Chinese authorities should encourage domestic consumption and domestic investment and address social unrest in a balanced manner by distinguishing legitimate grievances from those that are not legitimate.
Comparison of China’s major regions shows large disparities in GDP per capita. Over the last 20 years, and the five-year period between 2000-05, Chinese rural income and consumption disparities have increased significantly compared to urban areas.