A special guest at this tournament was Robert Alexander Mundell, an economy professor working at Columbia University. In the 1970s he laid the groundwork for the introduction of the Euro through his pioneering work in monetary dynamics and optimum currency forms, for which he won the 1999 Nobel Prize in Economics. This chess tournament in Nanjing is attributable to Prof. Mundell’s initiative. He said that the best way for Chinese cities to show openness to the outside world is to host world-class chess tournaments.
http://www.chessbase.com/newsdetail.asp?newsid=5089

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