International Development

FSI researchers consider international development from a variety of angles. They analyze ideas such as how public action and good governance are cornerstones of economic prosperity in Mexico and how investments in high school education will improve China’s economy.

They are looking at novel technological interventions to improve rural livelihoods, like the development implications of solar power-generated crop growing in Northern Benin.

FSI academics also assess which political processes yield better access to public services, particularly in developing countries. With a focus on health care, researchers have studied the political incentives to embrace UNICEF’s child survival efforts and how a well-run anti-alcohol policy in Russia affected mortality rates.

FSI’s work on international development also includes training the next generation of leaders through pre- and post-doctoral fellowships as well as the Draper Hills Summer Fellows Program.

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Industrial clusters are ubiquitous in history and the contemporary developing world. While many of them grow dynamically, others stagnate. This study explores factors affecting the success and failure of cluster-based industrial development based primarily on own case studies conducted in East Asia, South Asia, and sub-Saharan Africa as well as historical studies in Japan and Europe. It is found that the key to the successful development is multi-faceted innovations, encompassing technical and managerial innovations or improvements. Since innovative ideas spill over, collective actions which attempt to internalize externalities often play a role in sustainable development of industrial clusters. An implication is that stagnant clusters can be vitalized if multi-faceted innovations can be stimulated by policy means.   

 

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Keijiro Otsuka is a Professor of Development Economics at the Graduate School of Economics at the Kobe University and a Chief Senior Researcher at the Institute of Developing Economies in Tokyo. He was a professor at the National Graduate Institute for Policy Studies (GRIPS) from April 2001 to March 2016. He received a Ph.D. in economics from the University of Chicago in 1979.

He was a core member of World Development Report 2013: Jobs. He was also President of International Association of Agricultural Economists (IAAE) from 2009 to 2012. He received Purple-Ribbon Medal from the Japanese Government in 2010.

He has been conducting comparative analyses on cluster-based industrial development, poverty and income distribution, land reform and land tenure, and Green Revolution between Asia and Africa. He published 123 articles in refereed international journals and 23 coauthored and coedited books. He is Fellows of International, American, and African Association of Agricultural Economists.

Kei Otsuka Professor, Kobe University
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Dr. Ke Wang is visiting APARC for the fall semester in 2016-2017 school year during her sabbatical leave from her current post at the Federal Reserve Board of Governors in Washington D.C. where she serves as a Senior Economist in the Division of Banking Supervision and Regulation.

At the Fed, Dr. Wang is responsible for policy analysis and regulation oversight of U.S. bank holding companies as well as conducting academic research in economics and finance fields. In her five-year tenure as a Fed staff economist, she participated in international Basel framework of capital regulation, quantitative credit model assessment for U.S. Stress Testing practice, and policy initiatives on liquidity regulation for Systemically Important Financial Institutions.

Dr. Wang’s research interests span from credit analysis to monetary policy. She has published in top academic journals such as Journal of Financial Economics and has wide citations for her previous works which covered topics such as corporate bond default prediction, impact of banking structure on monetary policy, and relationship banking in pre-war Japan.

Her current working papers focus on how liquidity in Over-The-Counter market is impacted by broker-dealers’ funding costs and information asymmetry. She provides empirical evidence using comprehensive bond transaction data that broker-dealers’ own financial health will quantitatively impact the liquidity and price discovery process of distressed assets. At Stanford, Dr. Wang will collaborate with other APARC research fellows on studies about both U.S. and Japan banking regulations, particularly the impact of regulation on systemic risk of financial institutions. 

Dr. Wang holds a Ph.D. in Economics from Stanford University and a B.A. in International Economics from Peking University. She once worked as an Assistant Professor in Finance in the Faculty of Economics at the University of Tokyo, teaching graduate courses on Money and Banking as well as Corporate Finance. 

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The Shorenstein Asia-Pacific Research Center (APARC) at Stanford is now accepting applications for the Shorenstein Postdoctoral Fellowship in Contemporary Asia, an opportunity made available to two junior scholars for research and writing on Asia.

Fellows conduct research on contemporary political, economic or social change in the Asia-Pacific region, and contribute to Shorenstein APARC’s publications, conferences and related activities. To read about this year’s fellows, please click here.

The fellowship is a 10-mo. appointment during the 2017-18 academic year, and carries a salary rate of $52,000 plus $2,000 for research expenses.

For further information and to apply, please click here. The application deadline is Dec. 16, 2016.

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This paper asks the following: what does Japan's startup ecosystem look like now, how did it develop, and where it is headed? These are critical questions because high-growth startup firms are now recognized as potential drivers or growth, innovation, and productivity gains for advanced industrialized countries (Gornall and Strebulaev, 2015; Wiens and Jackson, 2015).

 

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Kenji E. Kushida
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As Japan faces a shrinking and aging population, it must pursue productivity growth to remain a wealthy nation. Women, long underrepresented Japan’s workforce, are receiving renewed attention with the Abe administration’s slogan of Womenomics as part of his Abenomics economic reform package. In the second World Assembly for Women in Tokyo (named WAW!) in late August 2015, Prime Minister Abe even went so far as to say “Abenomics is Womenomics.” At the same time as the WAW! meeting, the National Diet passed a law requiring large companies to analyze their current status of women and set numerical targets in one of several areas. Now that the issue of women in the workplace is being taken more seriously than ever before, it is time to mobilize serious research in the form of policy evaluation, create a new dialogue that can spark innovative ideas by injecting Silicon Valley ideas and people into U.S.-Japan policy discussions, and link entrepreneurs, policymakers, and researchers from both sides to cultivate sustained interpersonal networks. 

This conference takes on the issue of women leadership and women’s positions in the Japanese workforce and society, with the objective to bring issues to the table and explore concrete mechanisms by which government policy, business practices, and social factors can be influences to make concrete progress for women's leadership and participation in Japan.

Sponsored by the US-Japan Foundation (USJF), Japan Society for the Promotion of Science (JSPS), and Stanford University's Shorenstein Asia-Pacific Research Center (S-APARC) and Clayman Institute for Gender Research.

 

*The below program is subject to change.

Conference Program

8:55-9:25                  Registration and Breakfast

9:25-9:40                  Welcome & Opening Remarks

Takeo Hoshi (Stanford University)

David Janes (US-Japan Foundation)

Toru Tamiya (Japan Society for the Promotion of Science)

9:40-11:00                Panel Discussion I:

Women in the Silicon Valley Ecosystem- Progress and Challenges

                                  Chair:                     Shelley Correll (Stanford University)

                                  Panelists:             Ari Horie (Women's Startup Lab)

 Yoky Matsuoka

                                  Emily Murase (San Francisco Department on the Status of Women)

Mana Nakagawa (Facebook)

 

11:00-11:20              Coffee Break

11:20-12:40              Panel Discussion II:                                 

Women in the Japanese Economy- Progress and Challenges

                                  Chair:                    Mariko Yoshihara Yang (Stanford University)

                                  Panelists:             Mitsue Kurihara (Development Bank of Japan)

 Akiko Naka (Wantedly)

 Yuko Osaki (Ministry of Internal Affairs and Communications, Japanese Government)

                                  Machiko Osawa (Japan Women's University)

                               

12:40-14:00              Lunchtime

14:00-15:20              Panel Discussion III:  

Women's Advancement in the Workplace

                                  Chair:                 Takeo Hoshi (Stanford University)

 Panelists:             Keiko Honda (Multilateral Investment Guarantee Agency (MIGA), the World Bank Group)

 Chiyo Kobayashi (Washington Core)

                                  Sachiko Kuno (S&R Foundation)

  Kazuo Tase (Deloitte Tohmatsu Consulting)        

                                 

15:20-15:40             Coffee Break

15:40-17:00             Panel Discussion IV:  

Work-Life Balance and Womenomics

                                  Chair:                     Kenji Kushida (Stanford University)

                                  Panelists:            Diane Flynn (ReBoot Career Accelerator for Women)

Atsuko Horie (Sourire)

Nobuko Nagase (Ochanomizu Women's University)

                                 Myra Strober (Stanford University)

17:00-17:05            Closing Remarks

 

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The Asia Health Policy Program at Stanford’s Shorenstein Asia-Pacific Research Center, in collaboration with scholars from Stanford Health Policy's Center on Demography and Economics of Health and Aging, the Stanford Institute for Economic Policy Research, and the Next World Program, is soliciting papers for the third annual workshop on the economics of ageing titled Financing Longevity: The Economics of Pensions, Health Insurance, Long-term Care and Disability Insurance held at Stanford from April 24-25, 2017, and for a related special issue of the Journal of the Economics of Ageing.

The triumph of longevity can pose a challenge to the fiscal integrity of public and private pension systems and other social support programs disproportionately used by older adults. High-income countries offer lessons – frequently cautionary tales – for low- and middle-income countries about how to design social protection programs to be sustainable in the face of population ageing. Technological change and income inequality interact with population ageing to threaten the sustainability and perceived fairness of conventional financing for many social programs. Promoting longer working lives and savings for retirement are obvious policy priorities; but in many cases the fiscal challenges are even more acute for other social programs, such as insurance systems for medical care, long-term care, and disability. Reform of entitlement programs is also often politically difficult, further highlighting how important it is for developing countries putting in place comprehensive social security systems to take account of the macroeconomic implications of population ageing.

The objective of the workshop is to explore the economics of ageing from the perspective of sustainable financing for longer lives. The workshop will bring together researchers to present recent empirical and theoretical research on the economics of ageing with special (yet not exclusive) foci on the following topics:

  • Public and private roles in savings and retirement security
  • Living and working in an Age of Longevity: Lessons for Finance
  • Defined benefit, defined contribution, and innovations in design of pension programs
  • Intergenerational and equity implications of different financing mechanisms for pensions and social insurance
  • The impact of population aging on health insurance financing
  • Economic incentives of long-term care insurance and disability insurance systems
  • Precautionary savings and social protection system generosity
  • Elderly cognitive function and financial planning
  • Evaluation of policies aimed at increasing health and productivity of older adults
  • Population ageing and financing economic growth
  • Tax policies’ implications for capital deepening and investment in human capital
  • The relationship between population age structure and capital market returns
  • Evidence on policies designed to address disparities – gender, ethnic/racial, inter-regional, urban/rural – in old-age support
  • The political economy of reforming pension systems as well as health, long-term care and disability insurance programs

 

Submission for the workshop

Interested authors are invited to submit a 1-page abstract by Sept. 30, 2016, to Karen Eggleston at karene@stanford.edu. The authors of accepted abstracts will be notified by Oct. 15, 2016, and completed draft papers will be expected by April 1, 2017.

Economy-class travel and accommodation costs for one author of each accepted paper will be covered by the organizers.

Invited authors are expected to submit their paper to the Journal of the Economics of Ageing. A selection of these papers will (assuming successful completion of the review process) be published in a special issue.

 

Submission to the special issue

Authors (also those interested who are not attending the workshop) are invited to submit papers for the special issue in the Journal of the Economics of Ageing by Aug. 1, 2017. Submissions should be made online. Please select article type “SI Financing Longevity.”

 

About the Next World Program

The Next World Program is a joint initiative of Harvard University’s Program on the Global Demography of Aging, the WDA Forum, Stanford’s Asia Health Policy Program, and Fudan University’s Working Group on Comparative Ageing Societies. These institutions organize an annual workshop and a special issue in the Journal of the Economics of Ageing on an important economic theme related to ageing societies.

 

More information can be found in the PDF below.


 

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Gaurav Kataria is a Big Data leader at Google who is responsible for driving Production Adoption initiatives across various Google for Work product lines - Gmail, Drive, G+, Hangouts, Google Docs, Drive, Android and Chrome. His group employs sophisticated machine learning and data mining techniques to understand the usage patterns across different products, and based on that creates programs to improve user engagement.

Gaurav holds a guest lecturer appointment at Stanford Business School where he co-teaches a course on 'Data-Driven Decision Making.' He actively supports the startup community in the Bay Area and is an advisor to multiple startups in mobile space. Prior to Google, he was a senior manager at Booz Allen and a researcher at Cylab - Carnegie Mellon. He has a Masters and PhD in Information Security Risk Management from Carnegie Mellon University and Bachelors in Electrical and Computer Engineering from Indian Institute of Technology. He currently lives in Palo Alto, California and enjoys hiking the Bay Area mountain ranges in his spare time.

Gaurav will share his perspective on how to create a data-driven organization and the specific capabilities businesses need to develop to harness the power of machine intelligence.

AGENDA:

4:15pm: Doors open
4:30pm-5:30pm: Talk and Discussion
5:30pm-6:00pm: Networking

RSVP REQUIRED
 
For more information about the Silicon Valley-New Japan Project please visit: http://www.stanford-svnj.org/
Gaurav Kataria, Head of Product Adoption Google for Work
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Four scholars from Stanford University participated in a public panel discussion on Silicon Valley and Asian economies last month, part of a filming for an NHK Broadcasting series that aims to bring opinion leaders together to discuss issues facing contemporary Japan. The panel event will debut online this Friday.

“Silicon Valley is known worldwide as a place for many new innovative ideas, individuals and companies,” said Takeo Hoshi, director of the Japan Program at the Shorenstein Asia-Pacific Research Center (APARC). “Such economic dynamism is what many countries and regions across the world want to imitate. This is especially true for Asian economies.”

During the hour-long event, Hoshi moderates a discussion between William Barnett, a professor of business leadership, strategy and organizations at the Graduate Business School; Francis Fukuyama, the director of the Center on Democracy, Development and the Rule of Law; and Kenji Kushida, a research associate of Shorenstein APARC’s Japan Program.

The panel set out to consider how Silicon Valley realized success and its implications for Asian countries that seek to develop similar innovation-based economies. Panelists started by offering a single keyword that represents Silicon Valley in their own definition. They are: harness, social capital, and failure.

“The question that everyone is interested in is how to make use of Silicon Valley,” Kushida said. “How to ‘harness’ the innovation ecosystem that works fairly well here.”

A key component of Silicon Valley’s success is the high level of social capital found in the region, the panelists said.

“The level of informal cooperation…is higher than in other parts of the country,” Fukuyama explained. Silicon Valley has a norm of reciprocity and lacks extensive business contracts that impede fluidity of ideas, he said.

The panelists also explored the impact of government policy. They said that it provides an essential service in supplying a framework – at least initially – from which innovation-based economic activities can emerge.

“The government needs to set up a playing field upon which firms and entrepreneurs…can do the unimaginable,” Barnett said.

The U.S. government played an important role in a number of defense-related projects that led to the formation of new technologies, including the Internet. However, a government role “cannot smother and be too directive,” Fukuyama said.

Kushida notes that he leads a research project that looks at the institutional foundations of Silicon Valley and offers lessons applicable to Japan. Last year, Kushida and Hoshi authored a report with three other scholars that identifies six institutional factors that encourage innovation, and what the Japanese government can do to encourage development of a more effective innovation ecosystem.

Culture can play a powerful role, too, the panelists explained. They described how both organizational and national cultures can foster or impinge upon innovation.

Barnett said it may be “cool” to be an entrepreneur in Silicon Valley, but in Japanese culture, for example, it is the opposite. Barnett has studied entrepreneurs in Japan and has written many publications about how organizations and industries evolve globally.

Approaches to overcoming hard-fastened barriers to innovation include developing a culture of trust and acceptance toward failure, the panelists explained. Yet, they also cautioned against attempts to copy Silicon Valley too closely.

“I don’t think we should take this Silicon Valley gospel for granted – that disruption is always great and that things will always be necessarily better in social terms,” Fukuyama said.

The panelists recognize the outgrowth of high-tech areas in other areas around the world, and note that it is impossible to predict what innovations will come next and their impact on humanity.


The panel event was broadcast and live-tweeted with #SVAsia on Friday, March 4, from 4:10-5:00 p.m. (PST). The video can be viewed on demand here.

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Stanford's Takeo Hoshi (far left) moderates a panel discussion between Kenji Kushida, Francis Fukuyama and William Barnett focused on Silicon Valley and Asian economies. The event was filmed for the NHK Broadcasting program, Global Agenda, and will air in March.
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Seventeen faculty members and researchers from Stanford’s Freeman Spogli Institute for International Studies were hosted at U.S. Pacific Command (USPACOM) Headquarters in Hawaii for an intensive orientation on Feb. 4-5. The visit aimed to advance collaboration and to offer a deeper understanding of USPACOM’s operations to Stanford scholars who study international security and Asia.

Admiral Harry B. Harris, Jr., Commander of USPACOM, together with his commanders and staff, welcomed the delegation. Harris’s meeting with Stanford faculty is the second in recent months. The USPACOM visit and earlier speech at Stanford Center at Peking University are part of a series of activities driven by the U.S.-Asia Security Initiative. Led by Ambassador Karl Eikenberry, the Initiative seeks to provide constructive interaction between academic and governmental experts on the many and diverse security challenges facing the Asia-Pacific region.

“Engaging deeply in conversations with those who are on the frontlines is incredibly valuable,” said trip participant Coit Blacker, FSI senior fellow and professor of international studies. “This is especially true for academics who focus much of their attention thinking about the prospects for international peace and security but not necessarily considering their direct application on a military-level.”


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Top: (Left) The Stanford delegation watches a demonstration of a 2-minute drill. / (Right) Karen Eggleston boards a UH-60 Blackhawk helpcopter enroute to the Lightning Academy with her colleagues. Bottom: The delegation takes a group photo on-site.


On the first day, FSI scholars spoke with military officers about the command’s strategies and challenges it faces, such as population aging and sovereignty disputes over the South China Sea. Discussions were followed with a tour of USS Michael Murphy, a guided missile destroyer which routinely conducts operations in the Western Pacific including the South China Sea.

Karen Eggleston, FSI senior fellow and director of the Asia Health Policy Program, was one of the discussants on the USPACOM trip. Her research focuses on health policy in Asia, specifically the effects of demographic change and urbanization.

“As a health economist, the visit yielded for me a behind-the-scenes sense of how members of the military respond to pandemics and humanitarian situations, and of the ongoing dialogue with their counterparts in Asian nations,” Eggleston said. “I think that kind of military-to-military engagement provides an area rich with questions and best practices that could in some ways be shared as a model among other nations.”

Other activities on the first day included a briefing by the U.S. Pacific Fleet command, informal presentations and dialogue between the Stanford participants and the USPACOM staff, and working with senior leaders of the U.S. Pacific Air Forces command.

On the second day, the group visited the U.S. Army’s installation at Schofield Barracks. There, they observed a command post simulation and field exercise including units of the 25th Infantry Division. Graduates from the U.S. Army’s jungle survival training school also shared their impressions of applying lessons in the field. Researchers from the Asia-Pacific Center for Strategic Studies (APCSS) joined the Stanford delegation later in the day. Both sides discussed research outcomes and avenues for future exchanges. The day concluded with an extensive tour of USS Mississippi, a Virginia-class attack submarine. FSI has long engaged military officers through a senior military fellows program. Started in 2009 by the Center for International Security and Cooperation, the program remains active today with five fellows conducting research at Stanford.

Lt. Col. Jose Sumangil, a 2015-16 U.S. Air Force Senior Military Fellow, participated in the Stanford delegation at USPACOM.

“The trip was an excellent opportunity to showcase how the U.S. ‘rebalance to Asia’ strategy is implemented on a day-to-day basis – for example, providing a look into the decision-making process that could occur should a situation arise in the South China Sea,” Sumangil said. “It’s incredibly important to build this kind of understanding among experts studying Asia, and I think we helped do that here.”

USPACOM is one of the largest U.S. military commands with four major service components (U.S. Pacific Fleet, U.S. Pacific Air Forces, U.S. Army Pacific, U.S. Marine Forces); it is tasked with protecting U.S. people and interests, and enhancing stability in the Asia-Pacific Region.

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A Stanford delegation of 17 faculty members and researchers visited U.S. Pacific Command (USPACOM) Headquarters in Hawaii, Feb. 4-5, 2016.
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