Zhang Weiying Explained

Zhang Weiying
Native Name:	张维迎
Native Name Lang:	zh
Birth Date:	1 October 1959
Birth Place:	Wubu County, Shaanxi, China
Alma Mater:	Northwest University (M.Phil.), Oxford University (D.Phil.)
Occupation:	Economist, professor, writer
Years Active:	1994–present
Known For:	Advocacy of free markets
Notable Works:	Price, the Market and the Entrepreneurs, 30 Years of China's Reform

Zhang Weiying (; born October 1, 1959) is a Chinese economist and was head of the Guanghua School of Management, Peking University. He is known for his advocacy of free markets and his ideas have been influenced by the Austrian School.^[1]

Biography

Zhang Weiying was born into a peasant family.^[2] He graduated with a bachelor's degree in 1982, and a master's degree in 1984, from Northwest University (China). He received his M. Phil. in economics in 1992 and D. Phil. in economics from Oxford University. His D. Phil. supervisors were James Mirrlees (1996 Nobel Laureate) and Donald Hay. Between 1984 and 1990, he was a research fellow of the Economic System Reform Institute of China under the State Commission of Restructuring Economic System. During this period, he was heavily involved in economic reform policy-making in China. He was the first Chinese economist who proposed the "dual-track price system" (in 1984) and emerged as a strong voice in arguing for it as a mechanism of reform during the Moganshan Youth Conference. Zhang was also known for his contributions to macro-control policy debating, ownership reform debating, and entrepreneurship studies. After he graduated from Oxford, he co-founded China Center for Economic Research (CCER), Peking University in 1994, and worked with the Center first as an associate professor and then as a professor until August 1997. He then moved to Peking University's Guanghua School of Management in September 1997.^[3] He was removed as Dean from the Guanghua School of Management in 2010; the removal was attributed to his radical views, which distracted him from the responsibilities of being a dean, according to one teacher at the school.^[4]

Zhang Weiying is the Sinar Mas Chair Professor of Economics at Peking University's National School of Development.^[5]

Works

• Contractors: Contract Theory, 1995
• Game Theory and Information Economics, 1996
• The Theory of the Firm and the Reform of Chinese Enterprises, 1999
• Property Rights, Government and Reputation, 2001
• Information, Trust, and the Law, 2003
• Property Rights, Corporate Governance and Incentives, 2005
• Competitiveness and Growth, 2006
• Price, the Market, and the Entrepreneurs, 2006
• 30 Years of China's Reform, 2008
• The Logic of the Market, 2010
• Changing China: The Way Forward to Reform China, 2012

Notes and References

1. Weiying, Zhang, "Completely bury Keynesianism", http://finance.sina.com.cn/20090217/10345864499_3.shtml (February 17, 2009)
2. Book: Weber, Isabella . Isabella Weber . 2021 . . 978-0-429-49012-5 . Abingdon, Oxon . 289 . 1228187814.
3. Web site: 页面没有找到 . June 21, 2008 . dead . https://web.archive.org/web/20110707030730/http://emc.pku.edu.cn/en/faculty_detail.asp?tid=15 . July 7, 2011 .
4. Economic Observer, "Zhang Weiyang Removed as Dean of Guanghua School of Management", http://www.eeo.com.cn/ens/homepage/briefs/2010/12/14/188926.shtml (December 14, 2010)
5. Web site: Weiying Zhang/Faculty Directory - National School of Development . March 7, 2015 . dead . https://web.archive.org/web/20150402152228/http://en.nsd.edu.cn/article.asp?articleid=7400 . April 2, 2015 .