Lawrence H. Summers has played a leading role in Democratic Party policy making since the 1980s. A wunderkind economist, Summers, at age 28, became the youngest tenured professor in Harvard University’s history in 1983. He joined the Clinton administration in 1993 as Treasury’s undersecretary for international affairs. During his time as deputy Treasury secretary, Time magazine lionized him, Treasury Secretary Robert Rubin and Federal Reserve Chairman Alan Greenspan as “The Committee to Save the World” for their work on the Asian and Russian financial crisis in 1997. As Treasury Secretary in 1999, Summers played an important role in finishing negotiations with China for its entry into the World Trade Organization. In 2009, he was named director of President Obama’s National Economic Council as it dealt with the Global Financial Crisis. After a controversial stint as the president of Harvard University, where he had run-ins with progressive faculty, he has returned to his acad
Subscribe or login to read the rest.
Subscribers get full access to:
- Exclusive longform investigative journalism, Q&As, news and analysis, and data on Chinese business elites and corporations. We publish China scoops you won't find anywhere else.
- A weekly curated reading list on China from David Barboza, Pulitzer Prize-winning former Shanghai correspondent for The New York Times.
- A daily roundup of China finance, business and economics headlines.
We offer discounts for groups, institutions and students. Go to our
Subscriptions page for details.
