Today, students debated the merits of development community-led institutional intervention into developing countries, a la the Washington Consensus. After viewing take a big picture view of the success stories of economic development, students then focused on the particular experiences of Eastern Asian nations, and some of the paradoxes that seemed to have emerged. The class produced a lively discussion on an issue worthy of weeks of analysis rather than one morning session.
After a quick lunch, the students boarded the bus for two company visits. First on the agenda was Ikea, where students received a brief presentation and video concerning the history and operations of the Ikea corporation. Once concluded, the students got back on the bus and visited the Chinese headquarters of Alcoa. Much to our enjoyment, Alcoa’s Vice President and Treasurer Peter Hong was in Beijing for business and readily accepted an invitation to interact with our students—and that he did, generously giving over an hour of his time to answering questions, providing information and talking with our students one-on-one. The students were in great spirits at the end of the session having received such a wonderful opportunity from the generous folks at Alcoa.
The students are laying low tonight in anticipation of tomorrow morning’s early flight to Shanghai. On the docket for tomorrow is the Bund and Yuyuan Garden followed by an evening acrobat show!
Best,
Professor Ryan
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