How Did China Succeed? | Joseph E. Stiglitz | BI Norwegian Business School

Economics professor Joseph E. Stiglitz, who received Nobel's Memorial Prize in Economics in 2001, held a lecture at BI Norwegian Business School, where he was appointed honorary doctorate.
Directly after the ceremony, professor Stiglitz gave a lecture on "Reform: How Did China Succeed?" He went through China's enormous growth over the past 40 years while drawing parallels to what he thought the United States had done wrong. He think it will be difficult to handle a new financial crisis.