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Yan Liang

Peter C. and Bonnie S. Kremer Endowed Chair of Economics

Headshot of Yan Liang

Contact Information

Salem Campus

Smullin 305
900 State Street
Salem  Oregon  97301
(503) 370-6872


Professor Yan Liang specializes in Post Keynesian-Institutionalist approach to international trade and finance, financial macroeconomics and economic development (with a regional focus on China). She has published articles in International Journal of Political Economy, Journal of Economic Issues, The Chinese Economy, and China & the World Economy. Professor Liang’s teaching interests include Macroeconomics, International Economics, Economic Development, Monetary Theory and Financial System, and Political Economy of East and Southeast Asia. Professor Liang has previously taught at University of Redlands and Bard College at Simon’s Rock. She received a master’s degree and a doctorate degree in Economics from University of Missouri-Kansas City. Professor Liang is an active member of the Association of Evolutionary Economics, Union for Radical Political Economics, and Association for Institutional Thought.


IDS 101-21 College Colloquium

ECON470W Advanced Topic in Economics

ECON320 Discourse on Income Inequality

ECON470W Advanced Topic in Economics

ECON496W Senior Research Seminar

ECON364 Macroeconomic Theory

ECON470W Advanced Topic in Economics Spring 2017

ECON353 International Economics

ECON399 Discourse on Income Inequality

ECON496W Senior Research Seminar


“Modern Money Theory and Development Finance,” forthcoming in Financial integration and exchange rates in emerging economies: the contribution of Post-Keynesian economics (eds. Bonizzi, Kaltenbrunner and Ramos).

Routledge. “Rebalancing, Deleveraging and Sustaining Growth in China,” The Chinese Economy, 2017, Volume 50, Issue 6, pp. 370-380.

“Heterodox Reconstruction of Trade Theory,” Routledge Handbook of Heterodox Economics: Theorising, Analysing and Transforming Capitalism (eds. Tae-Hee Jo, et al.), 2017, pp. 320-332. Routledge.

“Minsky in Beijing: Shadow Banking, Credit Expansion and Debt Accumulation in China”, in Financial Development, Economic Crisis and Emerging Market Economies (ed. Faruk Ulgen), 2016, pp. 223-237. Routledge.

“Shadow Banking in China: Implications for Financial Stability and Macroeconomic Rebalancing”, the Chinese Economy, 2016, Volume 49, Issue 3, 148-160.

“Inside Shadow Banking in China: Credit Driven Growth vs. Financial Stability”, Journal of Economic Issues, 2016, Volume 50, Issue 2, 461-470.

“Impacts of Global Financial Crisis on China: A Gendered Analysis” (co-authored with Sara Hsu), Gender Perspectives and Gender Impacts of the Global Economic Crisis (ed. Rania Antonopolous), 2013, pp. 132-156. Routledge.

“Global Imbalances and Financial Crisis: Financial Globalization as a Common Cause”, Journal of Economic Issues, 2012, Vol. 46, No. 2, 353-362.


Grant, Luce Initiative on Asian Studies and the Environment, Faculty Seminar (2018)

Liberal Arts Research Collaborative, Summer Research Community Grant (2018)

Atkinson Research Grant (2018)

Center for Asian Studies Research Grant (2016)

Atkinson Research Grant, Willamette University (2015)

Institute for New Economic Thinking Grant (2014)

Willamette University


Smullin Hall 3rd floor
Willamette University
900 State Street
Salem Oregon 97301 U.S.A.
503-370-6720 fax