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Wendy K. Dobson

Wendy Dobson

    Wendy K. Dobson

    Co-Director, Rotman Institute for International Business  
    Professor of Economic Analysis and Policy

    Degrees: PhD, Princeton University
    SM, Harvard University, School of Public Health
    MPA, Harvard University, Kennedy School of Government
    BScN, University of British Columbia
    Email: Send an email to Wendy K. Dobson


    Wendy Dobson is a Professor and Co-Director for the Institute of International Business at Rotman and former Canadian Associate Deputy Minister of Finance. She offers courses in international business and Canadian public policy. She chairs the Pacific Trade and Development (PAFTAD) research network and has published in English and Mandarin on Asia’s rise; the future of the Indian and Chinese economies in the world economy; the Chinese financial system; and Chinese innovation. Ya Zhou Xin Shi Li, the Mandarin translation of her book Gravity Shift, won the Annual Award for the Best Book in Finance and Economics by China’s public affairs website Her most recent publications are Partners and Rivals: The Uneasy Future of China’s Relationship with the United States (2014) and The Future of Canada’s Relationship with China (2015).

    Academic Positions

    1993-Present  Co-Director, Institute for International Business; Rotman School of Management
    1993-Present  Professor; Rotman School of Management
    1990-1993  Professor and Senior Fellow; Faculty of Management
    1989-1991, 1998, 2000  Visiting Fellow; Institute for International Economics, Washington, D.C.

    Non-Academic Positions

    1987-1989  Associate Deputy Minister;Department of Finance, Government of Canada
    1981-1987  President and Executive Director;C.D. Howe Institute

    Selected Publications - Papers

    • Financial Liberalisation and Trade: An examination of moving up value chains in Asia Pacific region; Wendy Dobson and Tom Westland, forthcoming; Issue: Asian Economic Integration in an Era of Global Uncertainty, managing editors: Shiro Armstrong and Tom Westland.; 2017
    • "Climbing the Value Chain?; with Tom Westland; East Asia Forum; Issue: March 28; 2017
    • Why Delay the Inevitable: Why the AIIB matters to Canada's future; Co-author Eugene Beaulieu; SPP Communique; Issue: April; 2015; Pages: 7(2)
    • The Future of Canada's Relationship with China; with Paul Evans; IRPP, Policy Horizons Essay; Issue: November; 2015
    • China's State-owned Enterprises and Canada's FDI Policy; Wendy K. Dobson; March; 2014
    • Op Ed: Redback Rising: Canada and RMB Internationalisation; Gregoire-Francois Legault and Wendy K. Dobson; National; Issue: April 8; 2014; Pages: On-line
    • History Matters: China and Global Governance; In Huang, Yiping and M. Yu, Eds., China's New Role in the World Economy, London:Routledge; 2012
    • Does Canada Have an India Strategy? Why it Should and What Both Sides Can Gain from Comprehensive Trade Talks; C.D. Howe Institute; 2011
    • Canada, China and Rising Asia: A Strategic Proposal; CCCE and CCBC; 2011
    • Differentiating Canada: The Future of the Canada-US Relationship; School of Public Policy, University of Calgary; 2010
    • A Window of Opportunity Opens? Asian and US Views of the International Financial Architecture; Asian Economic Policy Reveiw 4; Issue: 2; 2009
    • Will the Renminbi become a World Currency?; with Paul R. Masson; Final draft. Edited version appears in China Economic Review 20; Issue: 1; 2009; Pages: 124-35
    • China's Integration into the Global Financial System; with Paul Masson and Robert Lafrance; Bank of Canada Review; Issue: August; 2008
    • The transition from imitation to innovation: An enquiry into Chinas evolving institutions and firm capabilities; with A. Edward Safarian; Final draft. Edited version published in Journal of Asian Economics 19; Issue: 4; 2008; Pages: 301-11
    • The transforming Chinese economy: global and Canadian implications; International Journal. Toronto: Canadian Institute of International Affairs; Issue: vol. 61, no. 2. Spring; 2006
    • The Indian Elephant Shed its Past. The Implications for Canada; C.D. Howe Institute; Issue: Commentary. No. 235. June; 2006
    • Financial Reform in China and India: A comparative anaylsis; IFPRI/CES/SUFE International Conference on Dragon and Elephant: China and India's Economic Reforms, Shanghai, July 1-2; Issue: to be revised; 2006
    • The contradiction in China's gradualist banking reforms; with Anil Kashyap; Brookings Papers on Economic Activity. Washington, D.C: Brookings Institution Press.; Issue: BPEA, September; 2006
    • Scepticism needed in China's banking frenzy; with Anil Kashyap; Financial Times; Issue: October 18; 2006; Pages: (Op-Ed)
    • The transforming Chinese economy: global and Canadian implications; International Journal; Issue: (Forthcoming).; 2005
    • Beyond FTAs: Deepening North American Integration.; Paper prepared for a conference on Free Trade in the Americas, Baylor University, October 6-7; 2005
    • Taking a Giant's Measure: Canada, NAFTA and an Emergent China; C.D. Howe Institute; Issue: Commentary No. 202; 2004
    • Shaping the Future of the North American Ecomonic Space: A Framework for Action; C.D. Howe Institute Commentary; Issue: No. 162; 2002
    • Deeper Integration in East Asia: Regional Institutions and the International Economic System; The World Economy. Oxford and Boston: Blackwell; 2001
    • Deeper Integration in East Asia: Implications for the International Economic System; In Charles Morrison, Coordinator. East Asia in the International System. New York: The Trilateral Commission; 2001
    • The Future of the Japan-Canada Economic Relationship; IIB Working Paper Series, No. 7; 2000
    • Globalizing Trends and Canada's Economic Future; Ivey Business Journal. November/December; 1999
    • Prisoners of the Past in a Fast-Forward World: Canada's Policy Framework for the Financial Servies Sector; C.D. Howe Institute Commentary. No. 132.; 1999
    • Fallout From the Global Financial Crisis: Should Capitalism Be Curbed?; International Journal; Issue: Summer; 1999; Pages: pp.375-385
    • What to do with the IMF?; Policy Options; Issue: July-August; 1999; Pages: pp.37-42
    • Summitry and International Monetary System: The Past as Prologue; Canadian Foreign Policy; Issue: III:1; 1995; Pages: pp. 5-15

    Selected Publications - Books and Chapters

    • Financial Development in Asia: Work in Progress; Wendy K. Dobson and Edward K Y Chen; Intro. Chapter In Human Capital Formation and Economic Growth in Asia and the Pacific; London: Routledge; 2014
    • Asia in Global Economic Governance; with Peter Petri; Chapter In N. Singh Ed., Handbook on Economics of the Pacific Rim; 2014
    • Financial Development and Cooperation in Asia and the Pacific; Co-edited with Edward K.Y. Chen; London: Routledge; 2014
    • Partners and Rivals: The Uneasy Future of China's Relationship with the United States; Wendy K. Dobson; University of Toronto Press; 2013
    • Human Capital Formation and Growth: Microeconomic Dimensions; with Umar Boodoo; In Wendy K. Dobson, Ed., Human Capital Formation and Economic Growth in Asia and the Pacific; London: Routledge; 2013
    • Gravity Shift: How Asia's New Economic Powerhouses Will Shape the 21st Century; Wendy K. Dobson; Rotman-University of Toronto Press; 2009
    • Financial Services and International Trade Agreements: the Development Dimension; Aaditya Mattoo, Gianni Zanini, and Robert M. Stern (eds.); Chapter contributed to Services Handbook. Washington, D.C.: World Bank in Cooperation with Palgrave Macmillan; Issue: forthcoming; 2006
    • Asia Pacific regional architecture and financial market integration; Christopher Findlay and Hadi Soesastro (eds.); Chapter contributed to Reshaping the Asia Pacific Economic Order. New York: Routledge with PAFTAD International Secretariat.; 2006
    • Governance, Multinationals and Growth; Co-edited with Lorraine Eden; London: Elgar; Issue: June; 2005
    • East Asia in Transition: Economic and Security Challenges, edited with A.E. Safarian. Toronto: University of Toronto Press; 2002
    • World Capital Markets: Challenge to the G-10, co-authored with Gary Hufbauer; Washington, DC: Institute for International Economics; 2001
    • Financial services liberalization: The role of the millennium round; Chapter contributed to Freer trade in the next decade: Issues in the Millennium Round, (Subsequently published by Routledge, London); Issue: March; 2001
    • Financial Services Liberalization in the WTO; with P. Jacquet; Washington DC: Institute for International Economics; 1998
    • Business Networks in East Asia: Diversity and Evolution; in Rong-I Wu and Yun-Peng Chu, eds. Business Markets and Governments in the Asia Pacific; London and New York: Rutledge; 1998
    • Fiscal Frameworks and Financial Systems in East Asia: How Much Do They Matter? Edited with A.E. Safarian. Toronto: University of Toronto Press; 1998
    • The People Link: Human Resource Linkages Across the Pacific, edited with A.E. Safarian. Toronto: University of Toronto Press; 1997
    • Multinationals and East Asian Integration, edited with Chia Siow Yue. Ottawa and Singapore: IDRC Books, Institute of Southeast Asian Studies. Awarded 1997 Ohira Prize; 1997
    • Whither APEC's Ministers of Finance? Macroeconomic Policy, Exchange Rates and Financing Growth; in C. Fred Bergsten, ed. Whither APEC? Washington, DC: Institute for International Economics; 1997
    • Liberalizing and Stabilizing the Canadian Economy; in B. Curtis Eaton and Richard G. Harris, Trade Technology and Economics, Brookfield US: Edward Elgar; 1997; Pages: pp. 186-197
    • Pacific Triangles: US Economic Relationships with Japan and China; in Richard Harris, ed. The Growing Importance of the Asia Pacific Region in the World Economy: Implications for Canada, Calgary: University of Calgary Press; 1997
    • Stabilization and Liberalization in Canadian Economic Policy; in Trade Technology and Economics: Essays in Honour of Richard G. Lipsey. Cheltenham: Edward Elgar; 1997
    • East Asian Capitalism: Diversity and Dynamism, edited with A.E. Safarian. Toronto: University of Toronto Press; 1996
    • Managing U.S. Japanese Trade Disputes: Are There Better Ways? edited with H. Sato. Ottawa: University of Ottawa Press; 1996
    • Benchmarking the Canadian Business Presence in East Asia, edited with A.E. Safarian. Toronto: University of Toronto Press; 1995
    • Pacific Trade and Investment: Options for the 90s, edited with F. Flatters. Kingston: John Deutsch Institute, Queen's University; 1995
    • Surveillance and the International Monetary System: Ideas and Realities; in J.M. Boughton and K.S. Lateef, (Eds.) Fifty Years After Bretton Woods: The Future of the IMF and the World Bank. (Washington DC: International Monetary Fund World Bank Group); 1995
    • Open Regionalism: East Asia Sets the Pace; M.A. Molot and H. von Riekhoff, (Eds.) A Part of the Peace. Ottawa: Carleton University Press; 1994
    • Economic Policy Coordination Institutionalized? The G-7 and the Future of the Bretton Woods Institutions; Bretton Woods: Looking to the Future. Washington D.C. Bretton Woods Commission; 1994
    • Japan in East Asia: Trade and Investment Strategies. Singapore: The Institute for Southeast Asian Studies; 1993
    • International Economic Policy Coordination: Requiem or Prologue? Washington DC: Institute for International Economics; 1991
    • Shaping Comparative Advantage, edited with R. Lipsey. Toronto: C.D. Howe Institute; 1987

    Academic / Professional Service

    2016 -  Co-chair; Dean's China Advisory Committee, Rotman School of Management
    2010 -  Chair, International Steering Committee; Pacific Trade and Development Network; Panel of Independent Experts (on APEC); Advisory Committee, Institute for International Economics, Washington, D.C.
    2004-  Senior Fellow, Asia Pacific Foundation; Research Fellow; C.D. Howe Institute
    2009 -  Trustee; Trilateral Commission
    1999-2003  Director; University of Toronto Press

    Honors and Awards

    1998  Ohira Prize, awarded by Ohira Foundation, Tokyo, for best English-language book on the Asia Pacific economies
    1994, 2002  Student Choice Award for Teaching Excellence; Rotman School
    1993  UBC Alumni of Distinction Award

    Professional Affiliations/Memberships

    Canadian Economic Association
    American Economic Association

    Research and Teaching Interests

    Prof. Dobson teaches RSM2123: International Business in The World Economy and PPG 2003H a Capstone Course for the School of Public Policy and Governance. Her current research focuses on emerging market economies, economic integration in North America, the international financial system, regional and global governance, and Canadian public policy issues.  

    Other Info

    Wendy Dobson joined the Rotman School in 1990. She is a former Associate Deputy Minister of Finance in the Canadian government and a former President of the C.D. Howe Institute, Canada's leading independent economic think tank and a non-executive director of Canadian companies in finance and energy. She is also a director of the Canadian Ditchley Foundation, Senior Fellow at the Asia Pacific Foundation and member of the Advisory Committee of the Peterson Institute of International Economics. She participates actively in a number of international networks, including the Pacific Trade and Development Network (PAFTAD). Her course offerings include International Business in the World Economy and a Capstone Course for the School of Public Policy and Governance.  

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