HKS Affiliated Authors


China’s Rise and American Welfare. Robert Lawrence, September 1, 2015, Book Chapter. “The strong performance of China over the past decade—and forecasts that it could be sustained in the decades ahead—does not meet acclaim in all quarters, especially the United States. US international economic policy has traditionally presumed that foreign economic growth is in the United States’ economic interest (as President John F. Kennedy once put it, “a rising tide lifts all boats”). When it comes to China’s rise, however, many are not so certain. The US public is worried primarily about jobs. When emerging economies grow rapidly…”