Scholes Forum: Is China 2018 Like US 2008?
April 18, 2018: 5:30 PM - 7:00 PM
This series brings business leaders, policy makers, and academics to address the Chicago community on topics of current interest. Open to public, but require advance registration.
450 N. Cityfront Plaza Drive
Credit continues to grow at an unprecedented pace. In particular, the desire for capital arbitrage and for eluding regulation led to a sharp rise of a provincial, unlisted, and shadow lending system without traditional capital buffers. The attempt to control this growth using market forces failed. In 2015 they suffered one of the largest capital flights in recent history. They still prevented a hard landing. What is next for China's deleveraging? All signs point to financial repression, a less risky approach for the rest of the world.
Registration is required (cost is $5). If you are paying with a credit card, please register online. If you would like to pay with cash or check at the door, please email Peggy Eppink (Peggy.Eppink@chicagobooth.edu).
5:30 PM-6:00 PM: Check-in; Cocktails
6:00 PM-7:00 PM: Lecture/Q&A
Christian Broda (Speaker)
Managing Director, Duquesne Capital
Christian Broda is a Managing Director at Duquesne Capital. Prior to joining Duquesne, he served as a Professor of Economics at the University of Chicago Booth School of Business.
He has writen numerous articles and books on international finance and trade. His research has been published in top economic journals including the American Economic Review and the Quarterly Journal of Economics, and has been featured regularly in the press. In 2005 and 2008, he was awarded two National Science Foundation (NSF) grants to support his research and he was named the James S. Kemperer Scholar in 2006.
Dr. Broda also served appointments at Lehman Brothers as Chief International Economist, Barclays Capital as Head of International Research, and the Federal Reserve Bank of New York. He also served as an associate editor of the Journal of Development Economics, faculty fellow for the National Bureau of Economic Research, co-editor of the IMF Economic Review and a member of the Latin American Association Economia journal.
He graduated from the University of San Andres (Argentina) in 1997 with a bachelor's degree in economics with the highest honors. In 2001, he earned a PhD from the Massachusetts Institute of Technology.