Senior fellow Arvind Subramanian was mentioned in a Wall Street Journal blog on China's economic growth.
From the Blog
One of the biggest questions in the international economy is whether China can continue its astonishing 30-year record of growing 10% a year. Arvind Subramanian, an economist at the Peterson Institute for International Economics, argues in a new book, “Eclipse: Living in the Shadow of China’s Dominance,” that China is bound to become the world’s number one economy even if it’s growth rate slows substantially. That’s because China is still likely to grow faster than the U.S. for years to come and its population is four times the U.S.
A China with GDP-per-capita of just 26% that of the U.S. would be number one — although it would still be a poor country. That would be the first time since the industrial revolution that a poor country was also the world’s biggest economy.
Read it Here.
