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China, US grow increasingly interdependent
By Wan Lixin |
April 14, 2012, Saturday
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DAVID Brady shared his expertise in American elections and insight into Sino-US relations in a lecture at a packed auditorium at the China Executive Leadership Academy Pudong (CELAP) on Tuesday afternoon.
Brady is deputy director and Davies Family Senior Fellow at the Hoover Institution, Stanford University. He was in China at CELAP's invitation.
He is also the Bowen H. and Janice Arthur McCoy Professor of Political Science and Leadership Values in the Stanford Graduate School of Business and a professor of political science in the School of Humanities and Sciences at the university.
According to Brady, notwithstanding the complexities of the American political system and in spite of the ups and downs in polls before the voting in November, the dominant question is still the country's economic performance for the past four years.
The rare exceptions to this economic priority were the Korean conflict and the war in Vietnam, which suggest that another important voting consideration is how many US troops are abroad.
Since the average American voter is not so well-informed, foreign affairs are generally less important, though for the long term US-China relation is of exceeding importance, chiefly for economic reasons.
Brady admitted that both the US and China have to deal with problems stemming from deepening globalization.
In the US one of the problems of globalization is that the richer get richer, while the middle class is losing income, and becoming fewer in number.
It is hard for the disaffected to come to terms with the fact that a lot of jobs have gone to other countries, and those jobs are not coming back.
But as long as the US and China continue to be trading partners, their interdependence will grow.
The Chinese and American leaders clearly know how to manage this important relation.
While Brady perceives democracy as something worthy of universal aspiration, he tends to see democracy in connection with economic development, stressing that with increasing affluence and poverty relief efforts, democracy will come of its own accord.
In an interview with Shanghai Daily after his lecture, Brady also explained how American politics could evolve to tackle its own problems, particularly growing wealth disparity.
"When you have a globalized economy and when winners win bigger, and given marriage patterns in the United States, and the fact that labor costs tend to go lower, you expect that factory jobs will go to the rest of the world," he said.
He said it will take time to adjust to that reality, adding that the next generation of Americans should be educated in a way that can prepare them to take the jobs that would make them competitive.
In spite of the backlash against globalization, Brady is confident that globalization will grow apace, because ultimately most people will be better off as a result of it.
CALEP is a national institution providing training for senior leaders and top executives from government, business, education, the army and other sectors.
Brady is deputy director and Davies Family Senior Fellow at the Hoover Institution, Stanford University. He was in China at CELAP's invitation.
He is also the Bowen H. and Janice Arthur McCoy Professor of Political Science and Leadership Values in the Stanford Graduate School of Business and a professor of political science in the School of Humanities and Sciences at the university.
According to Brady, notwithstanding the complexities of the American political system and in spite of the ups and downs in polls before the voting in November, the dominant question is still the country's economic performance for the past four years.
The rare exceptions to this economic priority were the Korean conflict and the war in Vietnam, which suggest that another important voting consideration is how many US troops are abroad.
Since the average American voter is not so well-informed, foreign affairs are generally less important, though for the long term US-China relation is of exceeding importance, chiefly for economic reasons.
Brady admitted that both the US and China have to deal with problems stemming from deepening globalization.
In the US one of the problems of globalization is that the richer get richer, while the middle class is losing income, and becoming fewer in number.
It is hard for the disaffected to come to terms with the fact that a lot of jobs have gone to other countries, and those jobs are not coming back.
But as long as the US and China continue to be trading partners, their interdependence will grow.
The Chinese and American leaders clearly know how to manage this important relation.
While Brady perceives democracy as something worthy of universal aspiration, he tends to see democracy in connection with economic development, stressing that with increasing affluence and poverty relief efforts, democracy will come of its own accord.
In an interview with Shanghai Daily after his lecture, Brady also explained how American politics could evolve to tackle its own problems, particularly growing wealth disparity.
"When you have a globalized economy and when winners win bigger, and given marriage patterns in the United States, and the fact that labor costs tend to go lower, you expect that factory jobs will go to the rest of the world," he said.
He said it will take time to adjust to that reality, adding that the next generation of Americans should be educated in a way that can prepare them to take the jobs that would make them competitive.
In spite of the backlash against globalization, Brady is confident that globalization will grow apace, because ultimately most people will be better off as a result of it.
CALEP is a national institution providing training for senior leaders and top executives from government, business, education, the army and other sectors.
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