Professor Bjørnland visits Beijing and Norway Business Forum and NORALUMNI gathering
Professor Hilde Bjørnland, director at the Centre for Applied Macro- and Petroleum economics (CAMP) at The Norwegian Business School (BI), came to Beijing in May to present a paper at Tsinghua PBC School of Finance. Bjørnland has for several years been one of the most well-known and influential economists in Norway. At Tsinghua, she presented her new research based on econometrics to measure economic trends and the way different factors are influencing these trends. The research paper was well received in the audience, with both professors and students present, and the discussions were open and constructive. Bjørnland also had a series of meetings with the faculty at the PBC School of Finance after the seminar.
The day after, The Royal Norwegian Embassy, Norwegian Business Forum and Noralumni jointly hosted a talk by Professor Bjørnland at the Embassy. Professor Bjørnland talked about the effect of Chinese economic development towards economic growth in Norway. Bjørnland linked her recent research on the oil dependency of the Norwegian economy to the influence caused by China’s demand for oil on global oil prices, and concluded that the development of Chinas economy has a profound influence on the Norwegian economy in general.
After the presentation the NBF chairperson Chris Rynning gave a short comment, pointing out that even if the growth of Chinas economy decrease measured by percentage points, it does not necessarily do so in absolute numbers. After the comment, a general discussion with questions from the audience followed. The whole event was concluded with a dinner in the residence of the Ambassador.