History
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Japanese pop culture has gained a global following in recent years, with recognition that now extends far beyond the stereotypes of oriental exotica. With the reach of pop culture comes tremendous economic potential. Nakamura, whose varied experiences in rock, art, and multimedia have been applied to policymaking and education, gives a preview of a new research project he is coordinating on the impact of pop culture on politics, society, and the economy. Japan's economic troubles have taken center stage during the last decade. But has Japan's "lost decade" really been a "glorious decade"?

Okimoto Conference Room, Third Floor, Encina Hall, East Wing

Ichiya Nakamura Executive Director, Stanford Japan Center-Research Speaker Visiting Scholar, MIT Media Lab
Seminars
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The era of Three Kims is passing away. Three Kims dominated Korean politics for the past three decades. Two Kims (Kim Young Sam and Kim Dae Jung) led democratization movement in the 70s and 80s, and another Kim (Kim Jong Pil) represented a moderate alternative to Park Chung Hee's dictatorship within an authoritarian ruling circle. Together, they presided over democratic transition in the 1980s and were leading players in restored democratic competition since 1987.

Now the era of Three Kims is expected to terminate with the presidential election of December 2002. The exit of Three Kims signifies the end of the first generation of democracy. The presidential election will decide who will lead the country in Post-Three Kims era. The outcome of presidential election would surely be the turning point for Korean democracy. Will Korean democracy move forward to democratic deepening or begin to erode?

Professor Im will review conceptual issues in discussing democratic consolidation and then analyze the achievements, failures, and unfinished jobs that the leaders of the first generation of Korean democracy have to their credit. He will also discuss the future of Korean democracy in the post-Three Kims era.

Philippines Conference Room, Third Floor, Encina Hall, Central Wing

Hyug Baek Im Visiting Professor, Department of Political Science, Korea University Speaker
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Carter J. Eckert is Professor of Korean History and Director of the Korea Institute at Harvard University. Since 1985, he has been teaching Korean history at Harvard and working to build up the Harvard Korean studies program there. He is the author of a number of books and articles, including Offspring of Empire: The Colonial Origins of Korean Capitalism, which received the John K. Fairbank Prize in East Asian History from the American Historical Association, as well as the John Whitney Hall Book Prize from the Association for Asian Studies. Currently he is engaged in several projects relating to modern Korean history, including the Cambridge History of Korea, and a study of the late president of South Korea, Park Chung Hee, and the role of the military in South Korea's national development.

Encina Hall, East Wing, Third Floor, Okimoto Conference Room

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In the second decade of market reform, rural cadre and entrepreneur households enjoy large net income advantages of roughly equal magnitude. Cadre household incomes are primarily from salaries, and they do not decline with increasing levels of rural industrialization. These cross-sectional findings about income determination are reinforced by an event-history analysis of occupational shifts. With large income advantages based on salary income, at no point in market reform have cadres moved into self-employment or private entrepreneurship at higher rates than ordinary farmers. However, village cadres have become the most important source of collective enterprise managers and collective enterprise managers in turn have become the most important source of new private entrepreneurs. Therefore the thriving collective enterprise sector of the 1980's has served as a breeding ground for private enterprise in the 1990's.

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Journal of Comparative Economics
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Andrew G. Walder
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Pamela Yatsko the former Shanghai correspondent for the Far Eastern Review will discuss her new book, New Shanghai: The Rocky Rebirth of China's Legendary City.

Building 50, Room 51P

Pamela Yatsko Far Eastern Review
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A generation of research on Red Guard politics has traced the origins of its debilitating factionalism to social and political divisions that were well established among students on the eve of the Cultural Revolution. These social interpretations impute political motives to student activists according to their positions in the pre-Cultural Revolution status quo. However, a closer examination of events during the summer and early autumn of 1966 in BeijingÑwhere the Red Guards and their factional divisions first emergedÑsuggests a different interpretation. Factions took shape when student activists from similar social backgrounds responded differently to ambiguous and rapidly changing political signals. These initial acts left students on opposite sides of a growing political divide and exposed them to unforeseen risks as the movement took unpredictable turns. In this interpretation, student divisions are rooted in political interactions in the early phases of the conflict itself. Red Guard factions did not emerge in Beijing as expressions of opposed group interests based on pre-existing social divisions, but as struggles to vindicate earlier actions and avoid the harsh fate of political victims.

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The Journal of Asian Studies
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Andrew G. Walder
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Ian Buruma was born in the Netherlands, where he studied Chinese at Leyden University. From 1975 to 1978 he was a research fellow in Japanese cinema at Nihon University College of Arts. He lived in Tokyo until 1980, and worked as a translator, actor, photographer, documentary filmmaker and journalist.

From 1982 to 1986, he was cultural editor for the Far Eastern Economic Review in Hong Kong. During that time he traveled to most parts of Asia. He moved to London in 1990, where he worked for one year as foreign editor for the Spectator. In 1991, he was a fellow at the Wissenschaftskolleg in Berlin. In 1990 he spent a year in Washington, D.C. at the Woodrow Wilson Center for International Scholars, and in 1991 he was the Alistair Horne Fellow at St. Anthony's College, Oxford.

Buruma is a regular contributor to The New York Review of Books, the New York Times Magazine, the New Republic, and other publications in the United States and Europe. He writes a weekly column for The Guardian in London.

Buruma's book The Wages of Guilt analyzes the collective memory of Germany and Japan in the post-war years. Delving into their emotions, thoughts and anger, Buruma tries to uncover how people in both countries dealt with, and are still dealing with, the stigma of being the war aggressors in very different ways.

Join us for a panel discussion of the issues raised in Buruma's book. The panel discussants are Professor's Daniel Okimoto, Shorenstein APARC and Political Science and James Sheehan, History. Professor Thomas Rohlen of Shorenstein APARC will be the moderator.

Bechtel Conference Center

Ian Buruma Author, Journalist Speaker
Thomas P. Rohlen Professor Emeritus Moderator Shorenstein Asia-Pacific Research Center
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Professor of Political Science, Emeritus
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A specialist on the political economy of Japan, Daniel Okimoto is a senior fellow emeritus of FSI, director emeritus of Shorenstein APARC, and a professor of political science emeritus at Stanford University. His fields of research include comparative political economy, Japanese politics, U.S.-Japan relations, high technology, economic interdependence in Asia, and international security.

During his 25-year tenure at Stanford, Okimoto served as a research fellow at the Hoover Institution and the Northeast Asia-United States Forum on International Policy, the predecessor organization to Shorenstein APARC, within CISAC. He also taught at the Aspen Institute for Humanistic Studies, the Stockholm School of Economics, and the Stanford Center in Berlin.

Okimoto co-founded Shorenstein APARC. He was the vice chairman of the Japan Committee of the National Research Council at the National Academy of Sciences, and of the Advisory Council of the Department of Politics at Princeton University. He received his BA in history from Princeton University, MA in East Asian studies from Harvard University, and PhD in political science from the University of Michigan.

He is the author of numerous books and articles, including Between MITI and the Market: Japanese Industrial Policy for High Technology; co-editor, with Takashi Inoguchi, of The Political Economy of Japan: International Context; and co-author, with Thomas P. Rohlen, of A United States Policy for the Changing Realities of East Asia: Toward a New Consensus.

Director Emeritus, Shorenstein APARC
FSI Senior Fellow, Emeritus
Daniel I. Okimoto Professor Panelist Shorenstein Asia-Pacific Research Center
James Sheehan Professor Panelist Department of History, Stanford University
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In this book Takeo Hoshi and Anil Kashyap examine the history of the Japanese financial system, from its nineteenth-century beginnings through the collapse of the 1990s that concluded with sweeping reforms. Combining financial theory with new data and original case studies, they show why the Japanese financial system developed as it did and how its history affects its ongoing evolution.

The authors describe four major periods within Japan's financial history and speculate on the fifth, into which Japan is now moving. Throughout, they focus on four questions: How do households hold their savings? How is business financing provided? What range of services do banks provide? And what is the nature and extent of bank involvement in the management of firms? The answers provide a framework for analyzing the history of the past 150 years, as well as implications of the just-completed reforms known as the "Japanese Big Bang."

Hoshi and Kashyap show that the largely successful era of bank dominance in postwar Japan is over, largely because deregulation has exposed the banks to competition from capital markets and foreign competitors. The banks are destined to shrink as households change their savings patterns and their customers continue to migrate to new funding sources. Securities markets are set to re-emerge as central to corporate finance and governance.


"This book is a fascinating analysis of the past, present, and future of the Japanese financial system. It sheds a great deal of light on Japan's current troubles and their potential solution." 

-Ben S. Bernanke, Howard Harrison and Gabrielle Snyder Beck Professor of Economics and Public Affairs, Princeton University

 

"Hoshi and Kashyap crystallize much of their high-quality research in this book. Corporate Financing and Government in Japan tells of the rise and fall of banking dominance over Japanese corporations with historical accounts, economic theory, and summaries of empirical analysis. The book will be an authoritative read for a wide-ranging audience, including college students, MBA students, and scholars in the field." 

-Takatoshi Ito, Professor, Hitotsubashi University

 

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The MIT Press
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Takeo Hoshi
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Shorenstein APARC's center overviews provide detailed information about Shorenstein APARC's mission, history, faculty, financial support, organizational structure, projects, and programs.

The 2000-2001 Year in Review was designed by Quietspace Design, San Francisco, at http://www.quietspace.com.

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How was it that Afghanistan, a country that was often conquered and ruled by outsiders before 1800, became seemingly impossible to conquer and rule in the 19th and 20th centuries? An historical examination of Afghan history reveals that premodern Central Asian rulers looked upon war and conquest as the business of displacing rival elites, a process having little or nothing to do with the inhabitants of the territory. During the 19th century, this pattern began to change in Afghanistan where governments found themselves dependent on raising tribal armies to repel foreign invaders, such as the British, at the cost of sharing power with them in the postwar period. This pattern continued into the 20th century when during each period of state collapse drew an ever-wider part of the population into the political struggle for power. The Soviet invasion drew the widest possible opposition but upon their withdrawal no faction was able to create a stable government. Afghanistan fell into ten years of civil war that opened it up to extreme movements such the Taliban and its exploitation by outsiders such as Osama bin Laden. Since war alone has now proved incapable of solving Afghanistan's problems the current conflict in Afghanistan can only be won by a wider policy that makes Afghanistan's economic and political reconstruction a priority in a way that can end its cycle of anarchy.

Philippines Conference Room, Encina Hall, Third Floor, Central Wing

Thomas Barfield Chairman Speaker Anthropolgy Department, Boston University
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