Nicholas R. Lardy, called "everybody's guru on China" by the National Journal, is a senior fellow at the Peterson Institute for International Economics. He joined the Institute in March 2003 from the Brookings Institution, where he was a senior fellow in the Foreign Policy Studies Program (1995-03) and served as interim director of Foreign Policy Studies (2001). Lardy has written numerous articles and books on the Chinese economy including Debating China's Exchange Rate Policy (2008), China: The Balance Sheet (2006), Prospects for a US-Taiwan Free Trade Agreement (2004), Integrating China into the Global Economy (2002), and China's Unfinished Economic Revolution (1998). Lardy is a member of the Council on Foreign Relations and is a member of the editorial boards of the China Quarterly, Journal of Asian Business, China Review, and China Economic Review.
Everyone concerned with the future of China in the global economy should carefully consider Lardy's thesis. -- Lawrence H. Summers, former US Treasury Secretary and Director of the National Economic Council Nick Lardy is one of the world's leading experts on the Chinese economy. This book is critical reading for anyone trying to gauge China's economic prospects. -- Robert Rubin, former US Treasury Secretary and cochairman of the Council on Foreign Relations At a time when the new conventional wisdom is that the Chinese dragon is deploying 'state capitalism' to challenge the international market economy, Lardy has mined the data to discover China's real driving engine: its private sector. -- Robert B. Zoellick, former World Bank President, US Trade Representative, and US Deputy Secretary of State