On February 6th, the Moscow School of Management SKOLKOVO, with support from the SKOLKOVO Institute for Emerging Markets Studies, hosted a lecture by Prof. Ronald M. Schramm, a major expert on the Chinese economy who is teaching in the International Business School in Suzhou. Professor Schramm is the author of an innovative method of assessment of the Chinese economy. In addition to using traditional macroeconomic tools, Prof. Schramm takes a novel approach by assessing China as a company employing models from finance, such as cash flows and valuations. During the lecture, Professor Schramm presented his textbook on the Chinese economy and answered questions on Chinese economic development.
Ronald M. Schramm has been conducting research related to China since the early 1990s and has recently joined the faculty of the International Business School of Suzhou (IBSS). He a member of the Research Steering Committee at IBSS. He had been on the faculty of Columbia Business School for over 27 years. Professor Schramm has taught the widest range of courses of any faculty member at Columbia —having taught the Ph.D. course in econometrics, forecasting, managerial economics, macroeconomics, international business, international financial management, international valuation and corporate finance. He was the first recipient of the prestigious Chazen Institute Award for case writing on an international topic. He has led Columbia's MBA and EMBA course in China for over 13 years. In addition, Professor Schramm taught at Beijing University of International Business and Economics, Shanghai Jiao Tong University, Hong Kong University of Science and Technology (HKUST) and Chinese-European International Business School (CEIBS).