Leading LSE academic gives lecture in Malaysia
Students and alumni of the University of London International Programmes were able to hear from Danny Quah, Professor of Economics and International Development at the London School of Economics and Political Science (LSE) on the significance in the last three decades of the dramatic shift eastwards in the world’s economic centre and what this will mean for the future of the Malaysian economy.
They were attending a lecture entitled, ‘Nobody’s world, everybody's problem? Who's afraid of a little global hegemony?’, held on 23 April at the Shangri-la Hotel, Kuala Lumpur.
The invited audience included alumni of degree programmes which are academically directed by LSE and are studied in Malaysia through the University of London International Programmes. Other attendees included leading figures in the business and education world in Malaysia.
As Malaysia's 13th General Elections unfold, the audience heard how the economic fortunes of Malaysia are linked to the ebb and flow of shifts in the global economy. The lecture addressed the issue of what forces will shape the future and which will be most significant for Malaysia's economic success.
Professor Quah invited the audience to consider a range of important issues. Have the last 30 years of growth in the East, driven by China, been an aberration or are they sustainable? Has the East built the political and technological systems needed to keep growth going? Has the rise of the East unbalanced the global financial system? Has the East grown only because the West provided the world a consumption-driven engine of growth? Does the East need to become more like the West?
Danny Quah is Professor of Economics and Kuwait Professor of Economics and International Development at the London School of Economics and Political Science. Professor Quah served on Malaysia’s National Economic Advisory Council 2009-2011. In December 2012, in Beijing, he was awarded Hanban’s Confucius Institute Individual Performance Excellence Award for ‘promoting greater understanding on China’s place in the world, by insightfully analysing and effectively communicating to general audiences worldwide the effects of shifts in the global economy and of the rise of the east’.
Further information on Professor Quah is available on the LSE website.
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