International Projects
India and China have been a focus of both humanitarian and education grants by the W. P. Carey Foundation.
- In January, 2001, following the devastating earthquake in Gujarat, India, the Foundation earmarked $1 million to aid in relief efforts and redevelop educational institutions there. Funds have been committed to various organizations including CARE.
- In 2003, The W. P. Carey School of Business at Arizona State University launched the highest level Executive MBA program in the world in collaboration with the Shanghai National Accounting Institute and the Chinese Ministry of Finance. This represents the first partnership between a U.S. business school and the Chinese government on Chinese soil.
Video excerpt of Hamid Karzai, President of Afghanistan, addressing the W. P. Carey Forum at Johns Hopkins Nitze School of Advanced International Studies
Notable recipients of the W. P. Carey MBA in China include: CEO, Shanghai Stock Exchange; CEO, Baosteel Corp.; CEO, State-Owned Assets Management and Supervision Commission-Shanghai Region; Chairman, Shanghai Pudong Development Bank; President, China Construction Bank. Lecturers have included Nobel laureate in Economics Dr. Robert Mundell, Nobel laureate in Economics Dr. Lawrence R. Klein, Gary L. Tooker, Former CEO of Motorola, and Wm. Polk Carey, Founder and Chairman of W. P. Carey & Co. LLC and Chairman of W. P. Carey Foundation.
- From 2004-2005, The W. P. Carey Foundation supported research on the state of India’s economy. The Indian Council for Research on International Economic Relations (ICRIER) was the recipient of a $100,000 grant to address issues relating to trade, foreign direct investment, bureaucracy and education reform, and poverty. Fifteen working papers were generated. A table excerpted from ICRIER Working Paper No. 150, December 2005 “The World Economy: From Uni-Polar to Tri-Polar” is included below:
| |
Current |
Projected (2002 Prices) |
| |
2002: Unipolar |
2015: Bipolar |
2025 |
2035: Tripolar |
| Country |
(Int$bi) |
Share |
Rank |
Share |
Rank |
Share |
Rank |
Share |
Rank |
| China |
5861 |
12.1% |
2 |
19.5% |
1 |
25.2% |
1 |
30.0% |
1 |
| USA |
10308 |
21.3% |
1 |
19.5% |
2 |
17.8% |
2 |
16.0% |
2 |
| India |
2800 |
5.8% |
4 |
8.2% |
3 |
11.2% |
3 |
14.3% |
3 |
| Japan |
3425 |
7.1% |
3 |
6.2% |
4 |
5.5% |
4 |
4.8% |
4 |
| Germany |
2236 |
4.6% |
5 |
3.5% |
5 |
3.0% |
5 |
2.6% |
5 |
| France |
1601 |
3.3% |
6 |
2.7% |
6 |
2.4% |
7 |
2.1% |
8 |
| UK |
1549 |
3.2% |
7 |
2.7% |
7 |
2.3% |
2 |
2.0% |
9 |
| Russia |
1186 |
2.4% |
10 |
2.6% |
8 |
2.6% |
6 |
2.5% |
6 |
| Italy |
1525 |
3.1% |
8 |
2.5% |
9 |
2.0% |
9 |
1.6% |
11 |
| Brazil |
1355 |
2.8% |
9 |
2.2% |
10 |
1.9% |
12 |
1.6% |
12 |
