Curriculum Vitae

Ding Yifan

Ding Yifan studied French at Beijing Foreign Language Institute (currently Beijing University for Foreign Studies), then political science at Institute of political studies in Bordeaux, France. He got his Ph. D in Political science from the Faculty of Law, Bordeaux University. He has been a visiting scholar at Johns Hopkins University's School of Advanced International Studies in Washington DC, US.Ding Yifan taught French and international relations at Beijing Foreign Language Institute and Peking University, worked as editor for international affairs in Xinhua News Agency and Guangming Daily, then as the bureau chief of Guangming Daily in Paris.Ding Yifan is now senior fellow, deputy director of the Institute of World Development, under the State Council's Development Research Center. He is vice-chairman of the China society for world economics, vice-chairman of the China society for France studies, member of the Chinese People's Institute of Foreign Affairs, member of China's economic and social council, member of Chinese Association for International Understanding. Ding Yifan published a lot of papers on international economics, international relations, European and US politics… in leading Chinese academic magazines and newspapers. He also authored several books on globalization, the euro, knowledge based economy, international finance, and US global hegemony's paradoxes.

1. Determinant factorsDemographyThe total population of the developed world is 1 billionThe developing world counts 5 billion, including $ 3 billion in emerging economies. A bigger population base in developing economies has created a higher demand than the needs of one billion people in developed economies.Consumption of resources:Since the last decade, the resources are determined by the emerging economies.Global oil consumption has increased by 13.5%, while the emerging economies' consumption by 39%. The share of consumption of crude oil has increased from 1/3 to 1/2.From 2000 to 2015, the structure of the oil consumption will see a big change. Demand coming from the developed world will decline by 5.3%, while that coming from emerging economies will increase by 61.8%.The increase in the consumption of raw materials, such as copper, aluminum, etc., has always come from emerging economies.All this was determined by 3 factors:- The globalization of industrial production;- Accelerated construction of infrastructure works;- The increase in consumption with rising living standards in emerging countries.2. Production will transfer from one country to another within the developing countries.Emerging economies have benefited from the globalization process, and from the dislocation of production with more or less advanced technologies, according to different cases.Emerging countries cannot be content to simply hold still low levels of the production chain, they want to climb the ladders to reach the upper echelons of the production, with more value added activities.From this point of view, the emerging economies will collide with the developed economies, and they will transfer some of lower level production to other developing countries. This is happening between Asian countries, including between China and other Asian countries.3. A new picture of international trade will appear.In the past, international trade was dominated by trade between developed and developing countries. But in the past two years, trade between emerging and developing countries has increased so rapidly that in 2010, trade between the BRICs countries and the developing countries reaches the same level of trade between developed countries and emerging countries.Emerging countries, after joining the WTO, implement the same level of customs as the developed economies, while developing countries still maintain a relatively high level of customs, which suggests that over time, the margins are big for promoting trade between these countries, and that in the future trade between these countries is destined to become the predominant factor in international trade.4. The capital flows will change direction and bring about a profound change in the financial structure of emerging countries.For the first time in history, developed countries are in precarious fiscal situation, while emerging countries are in a better fiscal situation, for some emerging countries their loans are as well rated as some developed countries. This means that long-term capital flows are flocking to these emerging economies, both in search of profits, but also for safety concerns.C. Challenges faced by emerging economies. 1. Change of development model, growth will be driven mainly by domestic demand, rather than external demand.2. Formation of strategic advantages in the transformation of manufacturing.3. Promotion of agricultural production, to raise the level of productivity in agricultural production and processing of food products.4. Development of the service sector.5. Tax reform, creation of adequate social security.6. Reform of the financial system in order to fend off systematic financial risks.7. Creation of a framework of macro-economic and financial stabilization, to ensure macroeconomic stability.8. Finding the balance between economic growth, employment, social distribution and just social stability.9. Creating a new lifestyle adapted to the resources of our planet.10. Participation in the definition of new international rules.