The End of Growth and the Return of Ideology: Economics, Sustainability, and Technology in Xi Jinping’s China

Friday, 4th November, 2022

The Institute for International Economic Policy was pleased to invite you to the first event in the 15th annual Conference on China’s Economic Development and U.S.-China Economic Relations. This conference is co-sponsored by the Sigur Center for Asian Studies and the GW Center for International Business Education and Research (GW-CIBER).

This inaugural event featured the Director of China Programs and Strategic Initiatives at the University of Pennsylvania, Scott M. Moore, to discuss The End of Growth and the Return of Ideology: Economics, Sustainability, and Technology in Xi Jinping’s China. John Helveston (GWU) provided discussant remarks, and IIEP Distinguished Visiting Scholar Barbara Stallings moderated the event.

If the COVID-19 pandemic taught us anything, it is that the world is bound together by shared challenges—and that at the center of those challenges stands China. Thanks to decades of breakneck growth and development, Chinese officials, businesses, and institutions now play a critical role in every major global issue, from climate change to biotechnology. But China’s recent 20th Party Congress shows that Xi Jinping’s China is charting a very different path toward addressing these issues, all in the context of slowing growth in the world’s second-largest economy.

This talk drew on a recently-published book, China’s Next Act: How Sustainability and Technology are Reshaping China’s Rise and the World’s Future, to re-envision China’s role in the world in terms of sustainability and technology. This reframing is essential both because none of these increasingly pressing, shared global challenges can be tackled without China, and because they are reshaping China’s economy and its foreign policy, with major implications for the world at large. At the same time, sustainability and technology issues present opportunities for intensified economic, geopolitical, and ideological competition—a reality that Beijing recognizes.

Drawing on the book, this talk explains that the danger is that China’s next act will drive divergence on the rules and standards the world desperately needs to tackle shared challenges in the decades ahead. In some areas, like clean technology development, competition can be good for the planet. But in others, it could be catastrophic: only cooperation can lower the risks of artificial intelligence and other disruptive new technologies.

With a particular focus on climate change, this talk addressed China’s role in providing global public goods and addressing global challenges, against a backdrop of growing economic, geopolitical, and ideological rivalry with other powers.

 

Speakers:

Scott M. Moore is a political scientist, university administrator, and former policymaker whose career focuses on China, sustainability, and emerging technology. As Director of China Programs and Strategic Initiatives at the University of Pennsylvania, Scott Moore works with faculty members from across the University to design, implement, and highlight innovative, high-impact global research initiatives in areas including sustainability and emerging technology. Dr. Moore directs Penn Global’s four research and engagement fund programs, including those designed to support faculty-led projects in China, India, and Africa as well as its At-Risk Scholars Program. In addition, Dr. Moore conducts research as an affiliate of the Center for the Study of Contemporary China and The Water Center at Penn, and teaches in the Department of Political Science.

 

Discussant:

 

John Helveston is interested in understanding the factors that shape technological change, with a particular focus on transitioning to more sustainable and energy-saving technologies. Within this broader category, he studies consumer preferences and market demand for new technologies as well as relationships between innovation, industry structure, and technology policy. He has explored these themes in the context of China’s rapidly developing electric vehicle industry. He applies an interdisciplinary approach to research, with expertise in discrete choice modeling and conjoint analysis as well as interview-based case studies.

 

 

Moderator:

photo of Barbara StallingsBarbara Stallings is a William R. Rhodes Research Professor at the Watson Institute for International Studies at Brown University and editor of Studies in Comparative International Development. She is also a Distinguished Visiting Scholar at the Institute for International Economic Policy at George Washington University. Before arriving at Brown in 2002, she was director of the Economic Development Division of the UN Economic Commission for Latin America and the Caribbean in Santiago, Chile (1993–2002), and professor of political economy at the University of Wisconsin–Madison (1977–1993). She has doctorates in economics (University of Cambridge) and in political science (Stanford University) and is a specialist in development economics, with an emphasis on development strategies and international finance. In addition, she works on issues of economic relations between Asia and Latin America and comparisons between the two regions. Her recent books are Innovation and Inclusion in Latin America: Strategies to Avoid the Middle Income Trap (2016) and Promoting Development: The Political Economy of East Asian Foreign Aid (2017). Her most recent book, Dependency in the Twenty-First Century?: The Political Economy of China-Latin America Relations (2020), was selected as one of Foreign Affairs’ best books of 2020. She has taught at various universities in China and elsewhere in Asia; currently she is a distinguished visiting professor at the Schwarzman Program at Tsinghua University in Beijing.