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The Stanford China Program, in cooperation with the Center for East Asian Studies, will host a special series of seminars to examine China as a major political and economic actor on the world stage.  Over the course of the autumn and winter terms, leading scholars will examine China actions and policies in the new global political economy.  What is China's role in global governance?  What is the state of China's relations with its Asian neighbors?  Is China being more assertive both diplomatically as well as militarily?  Are economic interests shaping its foreign policies?  What role does China play amidst international conflicts? 

Seiichiro Takagi is a professor at the School of International Politics, Economics and Communication at the Aoyama Gakuin University in Tokyo, Japan and a Senior Visiting Fellow of the Japan Institute of International Affairs. He specializes in Chinese foreign relations and security issues in the Asia-Pacific region. Previously, he was the director of the Second Research Department, which was responsible for area studies, at the National Institute for Defense Studies in Tokyo. He also served on the Graduate School of Policy Science of Saitama University (which became the National Graduate Institute of Policy Studies) for over 20 years, and has been a guest scholar at The Brookings Institution and Beijing University. He serves on the Board of Directors of the Japan Association for International Security, and is a member of several other organizations, including the Japanese Committee, Council for Security Cooperation in Asia-Pacific (CSCAP); the Japan Association for International Relations; and the Japan Political Science Association. His recent publications in English include China Watching: Perspectives from Europe, Japan and the United States, 2007 and in Japanese The U.S.-China Relations: Structure and Dynamics in the Post-Cold War Era, 2007.. He earned a B.A. in international relations from the University of Tokyo, Japan, and an M.A. and Ph.D. from Stanford University, California.

This event is part of the China and the World series.

Philippines Conference Room

Seiichiro Takagi Professor Speaker School of International Politics, Economics, and Business, Aoyama Gakuin University, Tokyo
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In an emerging economy like China's, institutions are not yet institutions. They are often the playthings of politics and bureaucratic rivalries. China's banking system is a case in point.  Since 1949, banks have bounced around China's institutional landscape as the government tried out first one then another banking model.  This mattered little to the outside world until the last decade when reform brought banks to the international capital markets in search of massive amounts of new capital.  This did not, however, stop institutional in-fighting.  It spread so that today the domestic struggle over bank roles, responsibilities and ownership has expanded to involve international markets, investors, regulators and the reputations of market professionals at a growing cost to the Chinese government and to the banks themselves.

Carl Walter brings to JPMorgan over 20 years of professional experience in a number of senior banking positions across Asia and primarily in China.  Currently Mr. Walter is Managing Director, JPMorgan China.

Prior to joining JPMorgan, Mr. Walter was a Managing Director and a member of the Management Committee at China International Capital Corporation ("CICC"), a joint venture of Morgan Stanley and China Construction Bank. He played a key role in the execution of CICC's international and domestic equity and fixed income transactions. 

While at Credit Suisse First Boston Mr. Walter was responsible for organizing the firm's China investment banking team and established its Beijing Representative Office in 1993 serving as Chief Representative. During this time, he was involved in a number of significant equity and debt offerings. 

A fluent Mandarin speaker, Mr. Walter received an MA in economics at Beijing University in 1979-80 supported by a grant from National Academy of Science. He received his PhD in Political Science from Stanford University in 1981 and earned his BA from Princeton University. He is also the author of "Privatizing China: Inside China's Stock Markets" which has been published in a Chinese edition "Minyinghua zai Zhongguo".

This event is part of the China and the World series.

Philippines Conference Room

Shorenstein APARC Encina Hall Stanford University
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Visiting Scholar at APARC, 2021-2022
Visiting Scholar at APARC, 2012-2013
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Carl Walter joined the Walter H. Shorenstein Asia-Pacific Research Center (Shorenstein APARC) as visiting scholar with the China Program for the 2021-2022 academic year. Prior to coming to APARC, he served as independent, non-executive Director at the China Construction Bank. He was also previously a visiting scholar with APARC during the winter and spring terms of the 2012–13 academic year after a career in banking spent largely in China. 

His research interests focus on China's financial system and its impact on financial and political organizations. During his time at Shorenstein APARC Walter will continue his book project on how fiscal reforms in China have impacted the banking system, the overall economy and the prospect for financial reform going forward.

Walter has contributed articles to publications including Caijing, the Wall Street Journal and the China Quarterly. He is also the co-author of Red Capitalism: The Fragile Financial Foundations of China's Extraordinary Rise (2012) and Privatizing China: Inside China's Stock Markets (2005).

Walter lived and worked in Beijing from 1991 to 2011, first as an investment banker involved in the earliest SOE restructurings and overseas public listings, then as chief operation officer of China's first joint venture investment bank, China International Capital Corporation. Over the last ten years he was JPMorgan's China chief operating officer as well as chief executive officer of its China banking subsidiary.

Walter holds a PhD in political science from Stanford University, a certificate of advanced study from Peking University and a BA in Russian Studies from Princeton University.

Carl Walter Managing Director Speaker JPMorgan China
Seminars

Shorenstein APARC
Encina Hall
Stanford University
Stanford, CA 94305-6055

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Joon Nak Choi is the 2015-2016 Koret Fellow in the Korea Program at Stanford University's Walter H. Shorenstein Asia-Pacific Research Center (Shorenstein APARC). A sociologist by training, Choi is an assistant professor at Hong Kong University of Science and Technology. His research and teaching areas include economic development, social networks, organizational theory, and global and transnational sociology, within the Korean context.

Choi, a Stanford graduate, has worked jointly with professor Gi-Wook Shin to analyze the transnational bridges linking Asia and the United States. The research project explores how economic development links to foreign skilled workers and diaspora communities.

Most recently, Choi coauthored Global Talent: Skilled Labor as Social Capital in Korea with Shin, who is also the director of the Korea Program. From 2010-11, Choi developed the manuscript while he was a William Perry postdoctoral fellow at Shorenstein APARC.

During his fellowship, Choi will study the challenges of diversity in South Korea and teach a class for Stanford students. Choi’s research will buttress efforts to understand the shifting social and economic patterns in Korea, a now democratic nation seeking to join the ranks of the world’s most advanced countries.
 
Supported by the Koret Foundation, the Koret Fellowship brings leading professionals to Stanford to conduct research on contemporary Korean affairs with the broad aim of strengthening ties between the United States and Korea. The fellowship has expanded its focus to include social, cultural and educational issues in Korea, and aims to identify young promising scholars working on these areas.

 

2015-2016 Koret Fellow
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The Asia Health Policy Program working paper series on health and demographic change in the Asia-Pacific has now joined the Social Science Research Network (SSRN), broadly disseminating working papers to the social science research community as well as specifically to the Health Economics Network (HEN).

ASIA HEALTH POLICY PROGRAM RESEARCH PAPER SERIES
View Papers: http://www.ssrn.com/link/Asia-Health-Policy-Program-RES.html

The Asia Health Policy Program at the Shorenstein Asia-Pacific Research Center at Stanford University sponsors multidisciplinary research on health policy and demographic change in the Asia Pacific region, focusing on how comparative analysis can provide policy insight. Our working paper series promotes dissemination of high-quality social science research on health policy and demographic change in the Asia-Pacific region, drawing from the research of our affiliated faculty, postdoctoral fellows, visiting scholars, and select colleagues from throughout the region. The papers are published electronically and are available online or through email distribution. They can be accessed at http://asiahealthpolicy.stanford.edu/publications/list/0/0/4/ .

SSRN's searchable electronic library contains abstracts, full bibliographic data, and author contact information for more than 302,700 papers, more than 144,200 authors, and full text for more than 243,000 papers. The eLibrary can be accessed at http://ssrn.com/search .

SSRN supports open access by allowing authors to upload papers to the eLibrary for free through the SSRN User HeadQuarters at http://hq.ssrn.com , and by providing free downloading of those papers.

Downloads from the SSRN eLibrary in the past 12 months total more than 8.7 million, with more than 39.1 million downloads since inception. Downloads are currently running at a rate of 10.3 million per year.

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On November 1, 2010 the 2nd annual Symposium on Japanese Entrepreneurship was held in Tokyo, Japan. The purpose of the symposium was to present insights on entrepreneurship to engage broader Japanese interests and further the national discussion. 

The symposium was held jointly by the University of Tokyo and SPRIE-STAJE, and made possible by a joint effort with the Japan Academic Society for Ventures and Entrepreneurs (JASVE) and the Nikkei Shimbun.

Also sponsoring the symposium were Tokyo AIM (the organization of stock exchanges), the Innovation Network Corporation of Japan (INCJ), and the University of Tokyo’s Science Entrepreneurship and Enterprise Development (SEED) - Division of University Corporate Relations (DUCR).

U.S. Ambassador John Roos made the keynote speech at the symposium. Presenting panels on "Risk Money, the Role of Venture Capital, and Exit Strategies" and "Entrepreneurship Education: Help for Japan's Entrepreneurs?" were academic, business and government participants from Keidanren, Sumitomo Corporation, Mitsubishi Estate Corporation, AZCA and the University of Tokyo Enterprise Center, in addition to scholars from Stanford and other universities, including the University of Tokyo.

Following the public symposium, on November 2, there was a closed academic conference with presentation and discussion of new papers in support of the project.

Hitotsubashi Memorial Auditorium
Tokyo, Japan

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The ‘fair society' motto has been the centerpiece in the second half of the Lee Administration.

-Gi-Wook Shin, director of Shorenstein APARC and KSP


On August 8, 2010, South Korean President Lee Myung-bak put into place the largest cabinet reorganization since he took office, nominating 48 year-old Kim Tae-ho as prime minister. However, after only 21 days, failing to pass a confirmation hearing of Parliament, Kim Tae-ho took the initiative to declare his resignation while waiting for Parliament to take action following the vote on his prime minister nomination. South Korea's prime minister [post] is without any real power; however, with a high parliamentary status, it is also in reality an important auxiliary to the president. Now into the second half of Lee Myung-bak's term, confronted with the dilemma of needing to identify a prime minister for a fourth time, one cannot help but raise the question: what is going on with South Korean politics?

The ruling Grand National Party hoped to pariah Kim Tae-ho, who in the prime of life, would have been able to give Li Myung-bak's government an infusion of "reform," "communication," and a "fresh" approach, but the opposition party also questioned Kim Tae-ho's political qualifications. From August 24-25, when the Parliament confirmation hearings convened, the Democratic Party also threw in several heavy accusations-Kim Tae-hoe's receiving bribes and illegal loans to raise campaign funds, having a public bus for his personal use, ordering full-time civil servants to do housework, and his wife accepting bribes and improperly managed properties-and strongly opposed Kim Tae-ho as Prime Minister. Gi-Wook Shin, director of Stanford University's Shorenstein Asia-Pacific Research Center, says: "These allegations are not new. Though the prosecution has cleared Kim of bribery charges, I think the fact that he lied about his ties with Park Yeon-cha, a convicted businessman at the center of a high-profile bribery scandal, was the last straw. A photo also surfaced after the hearing showing Kim standing next to Park at a date several months earlier than Kim testified to having made his first acquaintance with Park." Park Yeon-cha is the former chairman of Taekwang Industrial. By the end of 2008's "Park Yeon-cha Gate" [scandal], numerous South Korean political figures were involved in the bribery scandal,  and former President Roh Moo-hyun also committed suicide.

"Kim Tae-ho's ambiguous statements have also left the ruling party and the public feeling disappointed. Kim Tae-ho was not widely known outside of his South Gyeongsang Province office. President Li Myung-bak praised him to South Korean society for being young, for having strength and charisma, and for being an honest, reliable politician. Now voters naturally are questioning his integrity and this has become a barrier for Lee Myung-bak's administration," says Dr. Insung Lee, director of Yonsei University's East Asia International Studies Institute.

Kim Tae-ho believes there are some accusations that are not very fair. Dr. Shin suggests: "What Kim meant by "unfair" was the fact that his confirmation hearing focused in large part on making personal attacks on Kim, and throwing harsh criticism of the ruling party, rather than serving its purpose to prove he was unqualified for the PM position." This no doubt exposed the intense power struggle between South Korea's political factions, and even differences within the Grand National Party.

"Lee Myung-bak should not introduce the subject of Kim Tae-ho when talking about matters of the next presidential election," says Dr. Lee. In 2004, Kim was elected governor of South Gyeongsang Province, becoming the youngest governor. During the time that he was the provincial governor, he actively promoted the "South Coast Sunbelt" development plan as a national project. Through word of mouth, he easily won the 2008 local government re-elections. According to the Constitution, Lee Myung-bak is unable to run for president again. Because of this, public opinion holds that he had the intention to train Kim Tae-hoe for the 2012 presidential candidacy. "The opposition party members at the hearing increasingly attacked Kim Tae-ho, in part to prevent this kind of arrangement from taking place," says Dr. Lee.

Dr. Chung-In Moon, professor of political science at Yonsei University pointed out: "People believe that Lee Myung-bak selected Kim Tai-ho to compete in the 2012 general election against in-party rival Park Geun-hye. Since this card is obsolete, Lee Myung-bak now cannot help but stand with Park Geun-hye. I cannot decide for certain how long this will last-the Lee camp will certainly find their own candidate." The internal struggle between the Grand National Party's inner factions was exposed in the battle of the recent Sejong City construction plan amendment. Park Geun-hye, the daughter of the leading "Second Faction's" former president Park Chung-hee, publicly sang a different tune towards Lee Myung-bak, displaying a hope to follow up with the plan to promote the construction of Sejong City. At the time of Parliament's vote, 50 of the ruling party's 168 members voted against the pro-Park opposition party. After former Prime Minister Chung Un-chan announced he would resign, Park Geun-hye raised the issue, holding Lee Myung-bak to be the primary lead of the Sejong City amendment and the one who should bear the responsibility.

On the day that Kim Tae-ho made his declaration to resign the prime minister nomination, those nominated to be the Minister of Culture, Sports, and Tourism and Minister of Education and Economics, also took the initiative to resign because of the suspicion of having accepted bribes. After several days, Foreign Minister Yu Myung-hwan was also forced to resign due to the incident of his daughter's receiving "special admission" to become a senior civil servant. President Lee Myung-bak expressed: "I accept their resignation. I believe this will lead to the starting point of a fair society." Dr. Gi-Wook Shin believes: "The 'fair society' motto has been the centerpiece in the second half of the Lee Administration. As President Lee said in his liberation day speech in August 2010, 'A fair society is where each individual has to take responsibility for the outcome of his or her undertakings . . . A fair society constitutes the ethical and practical infrastructure for the advancement of the Republic.' To this effect, Lee reportedly instructed his secretariat to toughen the screening of ethical backgrounds of candidates for top government posts. Putting emphasis on higher ethical and moral standards can be seen as a positive sign of Korea's democratic advancement. It is not the only measure, but it is also an important measure for the betterment of South Korean politics."    

Translation by Sarah Lin Bhatia

 

 

 

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Karen Eggleston, Director of the Asia Health Policy Program, seeks to hire two research assistants at the advanced undergraduate or graduate social science level to assist with several projects, including an international comparative study of government financing for health service provision and provider payment. The RA should have a solid background in microeconomics; some background in health economics and comparative health policy; and near-native fluency in English. Knowledge of another European or Asian language (especially Chinese, Japanese, or Korean) would be an advantage. Ideally the RA would be a student whose own studies are related to the topic of health care financing and payment incentives in developing and/or transitional economies, or more generally in public economics, the government sector, and social protection policies. The work would be for autumn quarter, with possibility of extension to winter quarter. Compensation is competitive and commensurate with RA experience. Please send CV and brief statement of interest and related qualifications to Karen Eggleston at karene@stanford.edu by September 24th.

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This lecture will describe North Korea as seen from the inside - its people, their aspirations and fears, and what it is like to live amongst them.

With frequent appearances on BBC discussing North Korea, Mr. Everard, former British Ambassador to North Korea, 2006-2008, brings extensive knowledge of North Korea, China and South America to APARC.  He served as British Ambassador to Uruguay in 2001-2005, and was head of the Political Section in Beijing 2000-2001.  He was responsible for political relations with the troubled states of West Africa and managed mutinational efforts to restore democracy to Bosnia, 1995-1998.  He became the youngest British Ambassador to Belarus in 1993.

During his fellowship at the Asia-Pacific Research Center, Mr. Everard will hold seminars related to his research project on North Korean life and society and will be involved in various projects on Korea.  He is also a Visiting Senior Fellow at the Asia Research Centre of London School of Economics.

Mr. Everard studied French, German and Chinese at Emmanuel College, Cambridge, and studied Chinese history and economics at Bejing University. He holds an MA from Manchester Business School.

Philippines Conference Room

No longer in residence.

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2010-2011 Pantech Fellow
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John Everard, a retired British diplomat, is now a consultant for the UN.

In October 2006, only a few short months after Everard arrived in Pyongyang to serve as the British ambassador, North Korea conducted its first-ever nuclear test. Everard spent the next two-and-a-half years meeting with North Korean government officials and attending the official events so beloved by the North Korean regime. During this complicated period he provided crucial reports back to the British government on political developments.

He also traveled extensively throughout North Korea, witnessing scenes of daily life experienced by few foreigners: people shopping for food in Pyongyang’s informal street markets, urban residents taking time off to relax at the beach, and many other very human moments. Everard captured such snapshots of everyday life through dozens of photographs and detailed notes.

His distinguished career with the British Foreign and Commonwealth Office spanned nearly 30 years and four continents (Africa, Asia, Europe, and Latin America), and included a number of politically sensitive posts. As the youngest-ever British ambassador when he was appointed to Belarus (1993 to 1995), he built an embassy from the ground up just a few short years after the fall of the Soviet Union. He also skillfully managed diplomatic relations as the UK ambassador to Uruguay (2001 to 2005) during a period of economic crisis and the country’s election of its first left-wing government.

From 2010 to 2011 Everard spent one year at Stanford University’s Walter H. Shorenstein Asia-Pacific Research Center, conducting research, writing, and participating in major international conferences on North Korea.

He holds BA and MA degrees in Chinese from Emmanuel College at Cambridge University, and a diploma in economics from Beijing University. Everard also earned an MBA from Manchester Business School, and is proficient in Chinese, Spanish, German, Russian, and French.

An avid cyclist and volunteer, Everard enjoys biking whenever he has the opportunity. He has been known to cycle from his London home to provincial cities to attend meetings of the Youth Hostels Association of England and Wales, of which he was a trustee from 2009 to 2010.

Everard currently resides with his wife in New York City.


Pantech Fellowships, generously funded by Pantech Group of Korea, are intended to cultivate a diverse international community of scholars and professionals committed to and capable of grappling with challenges posed by developments in Korea. We invite individuals from the United States, Korea, and other countries to apply.

John Everard 2010-2011 Pantech Fellow, APARC, Stanford University Speaker
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The Republic of the Philippines began on the path to universal coverage with the passage of the National Health Insurance Act of 1995 (Republic Act 7875) which established the Philippine Health Insurance Corporation (PhilHealth) . Building on the Philippine Medicare program which began in 1971, PhilHealth has expanded coverage to more than 80% of the population with basic benefits, but accounts for only 10% of total health financing—wide population coverage with thin public benefits. An extensive system of private insurance provides additional benefits for high-income Filipino households. While the Philippines is pursuing a public insurance approach with private add-ons, Hawaii has mandated private employment-based coverage through the Pre-paid Health Care Act of 1974 and operates under a Congressionally granted ERISA exemption as well as an exemption from the Affordable Care Act of 2010. Combining the employer mandate with generous Medicaid and SCHIP programs, Hawaii has achieved a coverage rate exceeding 90% of the resident population with extensive benefit packages. The presenter will provide an overview of the two systems and present original research on the labor market effects and public insurance effects of the Hawaii system.

Daniel and Nancy Okimoto Conference Room

Dr. Gerard Russo Associate Professor of the Department of Economics and Adjunct Fellow, East-West Center, Research Program Speaker University of Hawai'i at Manoa
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