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Justin Yifu Lin

Justin Yifu Lin

27 commentaries

Justin Yifu Lin, a former chief economist at the World Bank, is Dean of the Institute of New Structural Economics and Dean of the Institute of South-South Cooperation and Development.

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  1. Geopoliticized Industrial Policy Won't Work
    canuto17_Brendan Smialowski  AFP) (Photo by BRENDAN SMIALOWSKIAFP via Getty Images_shippingtrade Brendan Smialowski/AFP via Getty Images

    Geopoliticized Industrial Policy Won't Work

    Feb 24, 2022 Otaviano Canuto, et al. show why attending to economic fundamentals should take precedence when it comes to reshoring or nearshoring.

  2. Development Begins at Home
    lin25_SEYLLOUAFP via Getty Images_focac meeting SEYLLOUAFP via Getty Images

    Development Begins at Home

    Dec 6, 2021 Justin Yifu Lin & Yan Wang consider the pandemic's lessons for sustainable growth, including the role Chinese investment can play.

  3. A Turning Point for Development Aid
    lin24_Nut Jindarat EyeEm Getty Images_worldmapcoinsmoney Nut Jindarat/EyeEm/Getty Images

    A Turning Point for Development Aid

    Dec 30, 2019 Justin Yifu Lin & Yan Wang show why accusations that China is engaging in “debt-trap diplomacy” are fundamentally flawed.

  4. Disrupting Multilateral Climate Finance
    grass graph Adam Gault/Getty Images

    Disrupting Multilateral Climate Finance

    Jan 10, 2019 Håvard Halland & Justin Yifu Lin propose a new global finance facility to attract more private capital for the fight against global warming.

  5. How to Mobilize Private Capital for Climate Action
    solar panel installation Robert Nickelsberg/Getty Images

    How to Mobilize Private Capital for Climate Action

    Oct 26, 2018 Håvard Halland & Justin Yifu Lin argue that multilateral finance institutions need to operate more like private investment organizations.

  1. mueller40_Jim Lo Scalzo-PoolGetty Images_bolsonaro trump Jim Lo Scalzo-Pool/Getty Images

    Why Populists Don’t Concede

    Jan-Werner Mueller

    With election denial becoming a new global trend, it is necessary to ask why so many citizens would accept leaders who fraudulently cry “fraud.” Even when they leave power quietly, populist politicians have exploited political polarization and indoctrinated their supporters never to trust the system.

    explains the political logic of fraudulently crying “fraud” in response to an electoral loss.
  2. ito19_ RICHARD A. BROOKSAFP via Getty Images_boj yen depreciation RICHARD A. BROOKS/AFP via Getty Images

    The Challenge of Monetary Tightening

    Takatoshi Ito identifies the main risks raised by central banks’ efforts to rein in inflation.
  3. wagner12_ ArterraUniversal Images Group via Getty Images_melting polar ice Arterra/Universal Images Group via Getty Images

    The High Stakes of Climate-Risk Accounting

    Gernot Wagner & Tom Brookes show why economists can no longer ignore the need for a far more comprehensive set of welfare indicators.
  4. elerian151_ Scott OlsonGetty Images_inflation Scott Olson/Getty Images

    The Cost of the Fed’s Challenged Credibility

    Mohamed A. El-Erian interprets the latest market tumult as the price of delaying monetary-policy tightening for too long.
  5. roach143_Drew AngererGetty Images_jerome powell Drew Angerer/Getty Images

    Core Dangers for the Fed and China

    Stephen S. Roach

    Just as a fixation on core inflation can mislead central banks, as it has done with the US Federal Reserve, the power of a “core leader” like China’s Xi Jinping is a recipe for misdirected and ultimately unsustainable policy regimes. The very notion of a core adds a false sense of precision when addressing complex problems.

    thinks the US central bank and Chinese governance share a conceptual weakness leading to major policy blunders.
  6. haldar13_Jens Büttnerpicture alliance via Getty Images Jens Büttner/picture alliance via Getty Images

    Amazon’s Satanic Mills

    Antara Haldar sees recent unionization efforts as a welcome response to an unethical and inhumane business model.
  7. asadullah12_SAEED KHANAFP via Getty Images_malaysia migration SAEED KHAN/AFP via Getty Images

    Asia’s Captive Market for Migrant Labor

    M. Niaz Asadullah highlights how an entrenched alliance of politicians, bureaucrats, and business elites is exploiting workers.
  8. sheng129_ROSLAN RAHMANAFP via Getty Images_asean cooperation ROSLAN RAHMAN/AFP via Getty Images

    In Search of a Development Plan for Asia

    Andrew Sheng & Xiao Geng argue that bottom-up institutions – not top-down strategies – are the key to regional integration.
  9. emmott_Antonio MasielloGetty Images_meloni Antonio Masiello/Getty Images

    Giorgia Meloni’s Moment

    Bill Emmott sees little difference between the Brothers of Italy’s program and that of recent right-wing governments.

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