Sun Hung Kai Properties and CUHK jointly organized a public lecture on 5 December titled ‘Steps to Limit Future Global Economic Crises’, which was delivered by Prof. Peter A. Diamond, 2010 Nobel Laureate in Economic Sciences. The lecture drew a full house of over 400 academics, students, members of the commercial, financial and political sectors, as well as the general public.

In his lecture, Professor Diamond reviewed factors that contributed to the global economic crises and discussed some steps for addressing them as well as issues needing more research. Professor Diamond is an Institute Professor Emeritus at MIT where he taught from 1966 to 2011. He has written on public finance, social insurance, behavioural economics, uncertainty and search theories, and macroeconomics.