Dr. Ning Wang will discuss China's remarkable transformation from a deeply impoverished socialist country to the world's second-largest economy. Dr. Wang will dispel conventional thought that China's dramatic economic growth over the past three decades has resulted from astute guidance by its Communist Party leadership.  Hear Dr. Wang's argument that the rise hasn't been a top-down process engineered by party leaders, but rather a bottom-up process driven by "four maginal revolutions."

Dr. Ning Wang grew up in rural Hubei, China in the 1970s and was educated at Beijing University and the University of Chicago. He is mainly interested in new institutional economics and China’s political economy. He has written extensively on China’s transition to a market economy and open society.

Dr. Wang is Senior Fellow at the Ronald Coase Institute, editor of Man and the Economy: The Journal of the Coase Society. He is also International Director of the Ronald Coase Center for the Study of the Economy at Zhejiang University, adjunct professor of law and economics at Shanghai Jiao Tong University, and Honorary Fellow at the Ronald Coase Center for Property Rights Research at the University of Hong Kong.

Dr. Wang co-authored How China Became Capitalist with the late Nobel Laureate Ronald Coase. The book won the 2012 Arthur Seldon Award for Excellence from the Institute of Economic Affairs (London) and the 2013 Antony Fisher International Memorial Award from the Atlas Economic Research Foundation (Washington, DC).  The Chinese translation won the 2013 China's Best Books Award and seeral other book awards in China.

Dr. Wang's presentation is part of the Schnatter Center's fall speaker series - Asia: From Communism to Capitalism.

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