China’s coronavirus success shows it has caught up with West in some areas of innovation, Nobel laureate Paul Romer says

China’s success in combating the coronavirus is a sign that it has already caught up with the United States and other Western nations in some areas of innovation, including public health policy, according to Paul Romer, co-recipient of the 2018 Nobel Prize in economics.Romer warned that the West’s response to the coronavirus pandemic was evidence of a complacent mindset on innovation, particularly in public policy.“In the response to the pandemic, part of what we saw was more effective…

This post was originally published on South China Morning Post.