People

Sara Hsu

Sara Hsu is a Research Scholar at the Institute for Sustainable Prosperity and an Associate Professor of Economics at the State University of New York at New Paltz.  Dr. Hsu specializes in Chinese economic development, informal finance, and shadow banking.  She has published one of the only English language books on the topic of Chinese informal finance, entitled Informal Finance in China: American and Chinese Perspectives, as well as one of the only Chinese-language books on Chinese shadow banking.   Sara Hsu has also published a number of articles and books on the topics of sustainable development, financial crises, and trade. Prior to working at the State University of New York at New Paltz, Dr. Hsu was a Visiting Professor at Trinity University in San Antonio, Texas, and an Adjunct Professor at the University of Texas at San Antonio and St. Edward’s University in Austin, Texas.  She also worked in the dot-com industry in New York.  Sara earned her Ph.D. from the University of Utah and her BA from Wellesley College.

Research Scholar and Assistant Professor of Economics at the State University of New York at New Paltz

Publications

Foreign Aid Falling Short: Promoting Women’s Education in Afghanistan

“Economic growth may not alone ensure that poverty reduction occurs, and may be bolstered with additional policies that focus on decentralized community-based development strategies and sustainable agriculture. Afghanistan has used village-level community development councils..."

One Belt One Road and the Roadmap of Financial Reform

“In this policy note, we examine the sufficiency of China’s planned financial reforms for its One Belt One Road (OBOR) initiative. Will the ambitious aims of OBOR and financial reform coincide?"

Risk-taking in China’s Shadow Banking Sector

“The size of the shadow banking system grew to 46 trillion RMB ($7.5 trillion) in 2013, and was driven by trust products and wealth management products, which maintained 10.9 and 10.24 trillion RMB in assets under management, respectively."
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