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Professor Chen Shou (L), vice president of Hunan University, puts on the school batch for Finn Kydland (R).
Finn Kydland delivers a keynote speech.
Finn E. Kydland, the 2004 Nobel Prize Laureate in Economics, was awarded an honorary professorship at Hunan University on October 25. Professor Finn Kydland received the appointment letter at the 2013 Yuelu Management Forum of Hunan University and delivered a keynote speech titled "Policy Consistency and the Growth of Nations".
In his speech, Finn Kydland advised China to bring in more market competition for economic growth, saying that an enhanced driving force for innovation can improve the nation's international competitiveness. His thoughts and theory are of vital significance to China's economic policy setting.
Finn Kydland, a famed Norwegian economist, is a professor of economics at the University of California and Carnegie Mellon University. He has been awarded the 2004 Nobel Prize in Economics for his tremendous contributions to dynamic macroeconomics.