East beats West? Is the East taking over the world? with Prof. Danny Quah

The LSE Big Questions lecture
Speaker: Professor Danny Quah
Recorded on 30 June 2011 in Sheikh Zayed Theatre, New Academic Building.

Your clothes, trainers, Xboxes, TVs and much, much more are all made in the East. And by selling us all this stuff, countries such as China and India are becoming wealthier and more powerful than ever before. But if the East is becoming stronger -- is the West becoming weaker? Should we be scared by this? What does it mean for you anyway?

In a highly interactive lecture for schools, Professor Danny Quah will explore how the world is changing, with countries such as China and India becoming wealthier and more powerful than ever before. Using simple ideas from economics, he will explain why this is happening and what it means for our future. The lecture is most suitable for students in Year 9, and more motivated students in Years 7 and 8 and has been designed with elements of the KS3 citizenship curriculum in mind. It will
give students an understanding of: * How the East's economic power is growing and what this means for Western countries such as the UK, and potentially for the students themselves * The importance of viewing the changes in local, national and global contexts, whilst also taking into account moral, historical and social dimensions of the changes * What an economy is and how trade works * The benefits of economic development for a country * How economics provides a useful way to interpret the world

Danny Quah is Professor of Economics at the London School of Economics and Political Science; he is also Co-Director of LSE Global Governance, and Senior Fellow at LSE IDEAS. Quah served on Malaysia's National Economic Advisory Council 2009-2011; he was Head of Department for Economics at LSE 2006-2009. Quah holds degrees from Princeton and Harvard, and was Assistant Professor of Economics at the Massachusetts Institute of Technology before joining the LSE. In 2010 he was Visiting Professor at the School of Economics and Management, Tsinghua University; in 2011, at Singapore's Nanyang Technological University. Quah is also Tan Chin Tuan Visiting Professor in the Economics Department at the National University of Singapore.

Professor Quah has consulted for among others the World Bank, the Bank of England, and the Monetary Authority of Singapore. He is a Member of the World Economic Forum Global Agenda Council on Economic Imbalances.

Professor Quah's research is now on the global economy, economic growth and development, income inequality, international economic relations, economic geography, and new technologies. He is investigating in particular the eastwards drift of global economic activity, and the repercussions of such ongoing shift. He has also worked in time series econometrics, inflation, and business cycles. At the LSE he used to lecture in the largest course (Introductory Economics) taught in the School. Quah now teaches macroeconomics and econometrics in LSE's MSc programme, and lectures on The Global Economy for the LSE-PKU Summer School in Beijing, and LSE's MSc in Strategy and Diplomacy and LSE's Executive Summer School, both in London.

Professor Quah was born in Malaysia. He holds a blackbelt in taekwon-do and used to compete regularly in regional and national championships. Both his two teenage sons are much better at Halo Reach on the Xbox than he is, as he is usually splattered by Covenant forces while reloading.

The Big Questions Lecture is supported by the LSE HEIF 4 Bid Fund.

LSE press release: Big questions for young minds - http://www2.lse.ac.uk/newsAndMedia/news/archives/2011/12/big_questions.aspx

Watch on the LSE website - http://www2.lse.ac.uk/newsAndMedia/videoAndAudio/channels/bigQuestions/player...

Category:

Education

Tags:

• LSE
• London
• School
• of
• Economics
• and
• Political
• Science
• London School of Economics
• University
• College
• Public
• Lecture
• Event
• Seminar
• Talk
• Interactive
• Schools
• Children
• KS3
• citizenship
• curriculum
• Educational
• Professor
• Danny
• Quah
• Danny Quah
• Big
• Questions
• East
• beats
• West
• Western
• China
• Chinese
• India
• Indian
• Asia
• economy
• global
• economic
• trade
• development

[lsewebsite]

@toberses11 The lecture is most suitable for students in Year 9, and more motivated students in Years 7 and 8 and has been designed with elements of the KS3 citizenship curriculum in mind. Audience were year 9 students from local schools.

[Nase777]

danny's the best!!

[TEDTAD]

18:56 Fail at a joke!

[alexjamesdf]

Economics actually seems like it could bea very interesting subject but most people who study it go on to work for EVIL companies like Goldman Sachs and Merrill Lynch... who pay their staff very well and give you a nice life... at the expense of the rest of the world. Watch 'Inside Job' for more. Most people work for money, the rich make MONEY WORK FOR THEM by keeping you poor. It's time to change, time for revolution.

[toberses11]

This is the LSE, i don't think they need explaining what annual growth rates are

[xxxasianpwinessxxx]

im in that!!!

[distopiadnb]

2:10 hes already falling asleep. and he has good reasons for doing so.