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Centre of Development Studies



Saite Lu is an academic associate at Pembroke College and a research associate for the Wealth Economy project at the Bennett Institute for Public Policy. The project, led by Professor Diane Coyle and funded by LetterOne, is exploring the conceptualisation and measurement of ‘missing capitals’. His work considers the role of human capital and its interactions with social and natural capital.

He is also a member of the research team at the Centre for Business Research, Judge Business School. The project, led by Dr Ken Coutts and Dr Graham Gudgin, aims to develop an empirical Stock-flow Consistent (SFC) macroeconomic models for policy analysis.

Before coming to Cambridge, Saite has spent several years working as a professional economist. He worked on various consultancy projects for the Budget Strengthening Initiative, UN and World Bank. Between 2013 and 2015, he was a senior economist/ODI fellow at the Ministry of Finance and Economic Development, Sierra Leone. Upon completion of the fellowship, he continued to provide technical support to the governments of Sierra Leone and South Sudan as a macro-fiscal adviser. He also actively engaged in the research on microfinance in Bangladesh and multidimensional poverty measurement with the Oxford Poverty and Human Development Initiative (OPHI).

Saite has a PhD in Development Economics from the University of Cambridge. His thesis investigates the linkages among global trade imbalances, international capital flows, and the financial crisis. He also supervises several undergraduate courses at Cambridge, especially in quantitative methods, development, trade and macroeconomics. He has an MPhil and a BSc in Economics from the University of Oxford and the University of Ulster respectively.


Macroeconomics, Interactions between the financial sector and the real economy, Development Finance, China-Africa


Key publications: 

Lu, S., 2020. TFP growth and social capital: an empirical analysis. Working paper. Bennett Institute for Public Policy. University of Cambridge

Lu, S., 2020. Chinese infrastructure investment in Africa. In: De Cremer, D., McKern, B., and Mcguire, J., ed. The Belt and Road Initiative: opportunities and challenges of a Chinese economic ambition. London: Sage

Lu, S., Shen, J. H., Li, W., & Zhang, J., 2019. A Theory of Economic Development and Dynamics of Chinese Economy. Economic Modelling.

Lu, S., 2018. An Overview of China's International Development Finance, Agenda for International Development

Lu, S., 2017. China's Role in South Sudan's Economic Development, Agenda for International Development, URL:


Teaching and Supervisions


Faculty of Economics: PartIIA International Trade and Development; PartIIB Macroeconomic Principles and Problems; PartIIB Development Economics

Judge Business School: MS2 Quantitative Methods; MS3 Economics of Firms and Markets; MSE9 International Business Economics

Department of Engineering: 3E1 Business Economics

Title: Essays on Global Imbalances and Financial Crisis
Supervisor: Kenneth Coutts
Sidney Sussex College
 Saite  Lu