Professor Kotlikoff talks with Hani Findaky, who like many guests who join us on Economics Matters, has an incredible resume too long to list here. He's an investment banker who has worked at the Who's Who of Wall Street Firms followed by positions on the boards of top academic institutions.
He's held numerous positions such as Chief Investment Officer, Vince Chairman, Chairman, CEO for major organizations like the World Bank Group, the Clinton Group, Dillion Read Management, and so many others. He is a true marvel who grew up in Iraq, attended Baghdad University, then MIT, and worked at numerous Universities as well.
They delved into the fascinating dynamics of China's economic ascent and its burgeoning ties with the Arab region. Plus, China's assertive global stance under Xi Jinping, the potential to outpace U.S. GDP, and their long-term vision for reunification with Taiwan. As well as, China's internal policy shifts, their digital economic revolution, and their impactful investments in global infrastructure.
Topics Covered:
- 07:22 Hani's experience in international divisions of major firms.
- 15:21 China and Arab world connected through Silk Road.
- 19:50 Regional peace sought due to costly conflicts.
- 20:41 Coexistence planned between China, Saudi Arabia, Iran.
- 25:16 Uncertainty about Iranian nuclear intentions and regional impact.
- 29:05 Potential political conflict, Trump's reliability questioned.
- 30:43 US-China tensions, Biden's comment on Xi.
- 35:59 Chinese thinking long-term, invasion of Taiwan unlikely.
- 38:49 China and India emerging as global superpowers.
- 40:48 Outcomes depend on US, China lacks hegemony.
- 46:01 Chinese investment of $300 billion stimulates economy.
- 47:56 Encourage electronic transactions, tax reporting, privacy concerns.
- 52:02 Advantage in internal discussion and swift solutions.
- 54:22 World becoming more unequal in per capita GDP.
- 56:28 US faces competition in Middle East, needs policy change.
Related: A Conversation With One of Our Most Influential Economists Ever, Michael Boskin