David Daokui Li

David Daokui Li

Li Daokui (1965), male, graduated from Tsinghua University in 1985, 1992 for economics, Harvard University.The Hong Kong University of Science and Technology, he was appointed deputy director of the Center for Economic Development, Associate Professor, China economist for the president of the Society, a fellow at the Hoover Institution, Stanford University, the University of Michigan assistant professor of economics.Long - term risks to the economy and the development of the study, by economists in China ".On March 30, 2010, Li Daokui became the new central bank monetary policy committee.Tsinghua University, director of the Center for Chinese and Global Affairs.In March 2012, is stepping down as the monetary policy committee, took the Chair.

Introduction

Li Daokui, Director of the Department of Economics and Management at, Freeman Professor of Economics, Tsinghua University, China and the world economy research center director of the Hong Kong University of Science and Technology Li Daokui, Director of the Department of Economics and Management at, Freeman Professor of Economics, Tsinghua University, China and the world economy research center director of the Hong Kong University of Science and Technology ., assumed the office of the deputy director of the Center for Economic Development, Associate Professor, China economist for the president of the Society, a fellow at the Hoover Institution, Stanford University, the University of Michigan assistant professor of economics at the , assumed the office of the deputy director of the Center for Economic Development, Associate Professor, China economist for the president of the Society, a fellow at the Hoover Institution, Stanford University, the University of Michigan assistant professor of economics at the .
Li is China's world economy research center director Li is China's world economy research center director . Li Daokui have ever been the World Bank China's Social Security System Reform Research Project Adviser (1989),"International Journal of Comparative Economics Journal of Comparative Economics, editorial director (2000 - 03), the Chinese Economists Society (CES) President (2001 - 02), and a professor of Tsinghua University (2002 - 03) Li Daokui have ever been the World Bank China's Social Security System Reform Research Project Adviser (1989),"International Journal of Comparative Economics Journal of Comparative Economics, editorial director (2000 - 03), the Chinese Economists Society (CES) President (2001 - 02), and a professor of Tsinghua University (2002 - 03) .
(Europe), who is now the Center for Economic Policy Research (CEPR), the William Davidson Institute at the University of Michigan, The William Davidson Institute researcher;"The International economics Bulletin Bulletin (Economics), China's" economic research", the Hong Kong - based China Review "(The Times and The China Review, an academic editorial boards 1; international economic comparison, executive director of the Institute; Nankai University, Sichuan University, adjunct professor at Southwestern University of Finance and (Europe), who is now the Center for Economic Policy Research (CEPR), the William Davidson Institute at the University of Michigan, The William Davidson Institute researcher;"The International economics Bulletin Bulletin (Economics), China's" economic research", the Hong Kong - based China Review "(The Times and The China Review, an academic editorial boards 1; international economic comparison, executive director of the Institute; Nankai University, Sichuan University, adjunct professor at Southwestern University of Finance and . li daokui, who worked in the" American Economic Review "," European Economic Review "," Comparative Economics", "Land Economics" and other journals published many academic articles li daokui, who worked in the" American Economic Review "," European Economic Review "," Comparative Economics", "Land Economics" and other journals published many academic articles .
David Daokui Li

Resume

1985 and 1986 for the Harvard Institute for International Development (visiting scholar) 1985 and 1986 for the Harvard Institute for International Development (visiting scholar) . 1992 - 1999 Deputy Director - General of the United States at the University of Michigan at Ann Arbor Assistant Professor of Economics and is now the Chairman of the China Research Center 1992 - 1999 Deputy Director - General of the United States at the University of Michigan at Ann Arbor Assistant Professor of Economics and is now the Chairman of the China Research Center .
1997 - 1998, and served as a member of the Hoover Institution, Stanford University and a National Researcher, the Chinese economic reform of Institutional Changes 1997 - 1998, and served as a member of the Hoover Institution, Stanford University and a National Researcher, the Chinese economic reform of Institutional Changes . 1999 - 2004 in the Hong Kong University of Science and Technology was appointed as associate professor of economics, and economic development in the school study, deputy director of the Center for 1999 - 2004 in the Hong Kong University of Science and Technology was appointed as associate professor of economics, and economic development in the school study, deputy director of the Center for .
2010 On the afternoon of March 30,the central bank held in the first quarter of 2010, the monetary policy committee meeting, Li Daokui and Zhou Qiren, Xia Bin, a trio of new committee 2010 On the afternoon of March 30,the central bank held in the first quarter of 2010, the monetary policy committee meeting, Li Daokui and Zhou Qiren, Xia Bin, a trio of new committee . 2 March 2012, is stepping down as the membership of the Monetary Policy Commission 2 March 2012, is stepping down as the membership of the Monetary Policy Commission .
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David Daokui Li

Research Direction

according to long - term economic reform and development of research, from China's reform and opening - up in the practice of the theory of modern economics are abstracted according to long - term economic reform and development of research, from China's reform and opening - up in the practice of the theory of modern economics are abstracted . research interest has been taken in China's macro - economy, economic development and institutional change mode of a cross - country and country development strategy research interest has been taken in China's macro - economy, economic development and institutional change mode of a cross - country and country development strategy .
disciplines: economics, corporate finance, international economics disciplines: economics, corporate finance, international economics . China Economic Courses: transition economics, corporate finance, international economics, China's economy China Economic Courses: transition economics, corporate finance, international economics, China's economy.

Academic Honours

Honorary awards: Political Consultative Conference (CPPCC) National Committee, the Beijing Municipal People's Congress in 2006 to the National Hundred, Thousand and Ten Thousand Talent Project Honorary awards: Political Consultative Conference (CPPCC) National Committee, the Beijing Municipal People's Congress in 2006 to the National Hundred, Thousand and Ten Thousand Talent Project . the same year, by Wall Street economists the same year, by Wall Street economists .
news agencies in China "in 2007 by the World Economic Forum in Davos, Switzerland was nominated as a Young Global leader news agencies in China "in 2007 by the World Economic Forum in Davos, Switzerland was nominated as a Young Global leader . 3 academic results in the mid - 1990s in the international published an account of the economic transformation in fuzzy theory of property and the ambiguous property rights in transition,explain the economic transformation in the new enterprise aft entry and other co - workers who proposed incremental privatization theory (the margin), to discuss the issue of 3 academic results in the mid - 1990s in the international published an account of the economic transformation in fuzzy theory of property and the ambiguous property rights in transition,explain the economic transformation in the new enterprise aft entry and other co - workers who proposed incremental privatization theory (the margin), to discuss the issue of .
David Daokui Li

Figure Quotation

an economic scholar in public space, and in a rational, reasoned discourse to discuss the issue, this is a serious economic scholars demeanor an economic scholar in public space, and in a rational, reasoned discourse to discuss the issue, this is a serious economic scholars demeanor . 4 "most likely, in a year or half a year or so, there are some real estate prices and the CPI is down to the basic level of synchronization, it is primarily up to the real estate regulation goal 4 "most likely, in a year or half a year or so, there are some real estate prices and the CPI is down to the basic level of synchronization, it is primarily up to the real estate regulation goal .
" November 2010 "China Macroeconomic Forum 2010 - 2011", the central bank's monetary policy committee, Li Daokui, Tsinghua University, said yesterday(2011) in the first half of next year's property prices slump is unlikely, because the real estate market involves profound structural problem, not a simple one or two policies can be adjusted down " November 2010 "China Macroeconomic Forum 2010 - 2011", the central bank's monetary policy committee, Li Daokui, Tsinghua University, said yesterday(2011) in the first half of next year's property prices slump is unlikely, because the real estate market involves profound structural problem, not a simple one or two policies can be adjusted down . 5 May 2011, Li said in the newly published "New Fortune" magazine published an article "tax system reform must be comprehensive," 5 May 2011, Li said in the newly published "New Fortune" magazine published an article "tax system reform must be comprehensive," .
in this context, Li noted that "a tax system which is extremely simple, even mentally handicapped ' in this context, Li noted that "a tax system which is extremely simple, even mentally handicapped '." paid a huge political cost and social cost, "not worth the" " paid a huge political cost and social cost, "not worth the" .
Mr. Li saw the potential in the current tax system,at a rate of return on investment than many people's wages of the average tax rate is even lower (such as rent income tax rate is 5%) therein, an even greater problem, but the resulting capital gains are not taxed therein, an even greater problem, but the resulting capital gains are not taxed .
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Character Anecdote

Shelling Tax Draft

Li said in May 2011, the "New Fortune" magazine published an article "tax system reform must be comprehensive," Li said in May 2011, the "New Fortune" magazine published an article "tax system reform must be comprehensive," . He stated therein, "a tax system which is extremely simple, even mentally handicapped ' He stated therein, "a tax system which is extremely simple, even mentally handicapped '.
" paid a huge political cost and social cost "is not worth the" " paid a huge political cost and social cost "is not worth the" . Li noted that in the current domestic income gap mainly comes from property income, which are obtained by the context, this is no doubt that dealt a blow to the earned - income tax, so that the labor remuneration of laborers in the country's gross domestic product (GDP) growth of Comparing Li noted that in the current domestic income gap mainly comes from property income, which are obtained by the context, this is no doubt that dealt a blow to the earned - income tax, so that the labor remuneration of laborers in the country's gross domestic product (GDP) growth of Comparing .
therefore, such a design a very unreasonable manner, or even may be referred to as a "retard" of individual income tax system,In fact has already been reduced to a payroll tax, will, of course, is being criticized for therefore, such a design a very unreasonable manner, or even may be referred to as a "retard" of individual income tax system,In fact has already been reduced to a payroll tax, will, of course, is being criticized for . Mr. Li saw the potential in the current tax system, the return on investment at a rate that is unexpectedly less than many would pay an average tax rate is still lower, but the bigger problem is that the resulting capital appreciation but not taxed
Aiming at the disadvantages of the reform, Li thinks that current tax and must be comprehensive, thorough and systematic reform, not just the patchwork of local Aiming at the disadvantages of the reform, Li thinks that current tax and must be comprehensive, thorough and systematic reform, not just the patchwork of local . he proposed, the reform in the need for new ideas to the " he proposed, the reform in the need for new ideas to the ".
" ideas, suggestions for China to implement flat tax systems in the " ideas, suggestions for China to implement flat tax systems in the . {N} {N}.
David Daokui Li David Daokui Li

5 Years To Create A Convertible Currency

Li Daokui said at the Summer Davos forum, free convertibility of the RMB is not cause major dislocations in the economy, the renminbi, will not hurt China's exports and economy in the next five years the yuan can become convertible currencies Li Daokui said at the Summer Davos forum, free convertibility of the RMB is not cause major dislocations in the economy, the renminbi, will not hurt China's exports and economy in the next five years the yuan can become convertible currencies . li said, "If there is no large uncertainty occur within the next five years, renminbi will basically become a convertible currency | yuan fully convertible, China's economy to have attained full potential, can be subjected to a free inflow and outflow of currency: the currency is convertible, the exchange rate will become more stable, China will also become more important financial instruments li said, "If there is no large uncertainty occur within the next five years, renminbi will basically become a convertible currency | yuan fully convertible, China's economy to have attained full potential, can be subjected to a free inflow and outflow of currency: the currency is convertible, the exchange rate will become more stable, China will also become more important financial instruments .
" Furthermore, Li noted thatChina is looking to the yuan's convertibility and interest rate liberalization, and as such are a series of reforms in the part of " Furthermore, Li noted thatChina is looking to the yuan's convertibility and interest rate liberalization, and as such are a series of reforms in the part of . in the next step of the process of liberalization is to relax foreign exchange account of the regulation, so that Chinese households and businesses are able to control these account in the next step of the process of liberalization is to relax foreign exchange account of the regulation, so that Chinese households and businesses are able to control these account .

Papers And Works

1. Risk inch. Review of Financial Studies 2. Francesca and David. L.sub. i. Risk "inch. Review of Financial Studies, 2002, vol. 15, issue 3, pages - 837 - 8683. Bai, Chong - En of the Li, David.; Qian,; Wang,. Financial repression and optimal. The issue of Economics Letters, February, 2001, vol. 70, issue 2, pages 245 - 2514. Bai, Chong - En of the Li,David.; Tao,; Wang, A Theory of the State. Journal of Comparative Economics, December, 2000, vol. 28, issue 4, pages 716 - 0.7385. Gordon, Roger H.; Bai, Chong - En; Li, David. Efficiency losses from tax vs. government control. European Economic Review, April, 1999, Vol. 43, Issue 4 - 6, pages 1095 - 11036. Li, David.; Li, Shan. An agency of Thethe bankrupts. law. International Review of Economics and Finance, January, 1999, vol. 8, issue 1, pages 1 - 247. Gordon, Roger H.; Li, David. The effects of the wage on transition: TheoryAnd evidence from China. European Economic Review, January, 1999, vol. 43, issue 1, pages 163 - 1838. Li, David.; Liang,. Causes of Soft Budget Constraint: Evidence on the Three Explanations.Journal of Comparative Economics, March, 1998, vol. 26, issue 1, pages 104 - 1169. David. Li. Chinese. American Economic Review, 1998, vol. 88, issue 2, pages 393 - 9710. Li, David. Insider control and soft budget constraint: a simple theory. Economics Letters, December, 1998, vol. 61, issue 3, pages 307 - 31111. Francesca and David. L.sub. i. Large Sh, Private Benefits of Control and Optimal of. RAND Journal of Economics, 1997, vol. 28, issue 4, pages 585 - 60412. Li, David. A Theory of Property Rights inTransition Economies: The Case of the Chinese Non - State Sector. Journal of Comparative Economics, 1996, vol. 23, issue 1, pages 1 - 1913. David. the Li Shan and Li. A Theory of Corporate Scope andl Structure. Journal of Finance, 1996, vol. 51, issue 2, pages 691 - 709
David Daokui Li

Personal Honor

Jan. 11, 2011 finalist 2010CCTV China Economic Figures for the list of candidates for 8 on January 18, 2011, the "2010 CCTV China Economic Person of the Year" awards ceremony in Beijing held 8 on January 18, 2011, the "2010 CCTV China Economic Person of the Year" awards ceremony in Beijing held .
Li Daokui elected China Economic Person of the Year Li Daokui elected China Economic Person of the Year . 9 on Sep. 2, 2011, "GQ" "Man of the Year MEN OF THE YEAR" Ceremony Is Held, won the annual GQ voice of reason in the
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David Daokui Li

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