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Cover of the Journal of the Economics of Aging

Korea’s labor force shift toward older, female, and more educated workers has been even more dramatic than that of the United States in recent decades. This paper documents how Korean job characteristics vary by age and characterizes the “age-friendliness” of Korean employment from 2000 to 2020 by applying the Age-Friendliness Index (AFI) developed by Acemoglu, Mühlbach, and Scott to Korean occupational data. The AFI measures job characteristics—such as physical demands and job autonomy—based on occupational descriptions and worker preferences. Our primary empirical findings are that the age-friendliness of Korean jobs grew more slowly than in the United States, and that older Koreans were not the main beneficiaries of these jobs. Both findings reflect the demographic, labor market, and institutional differences between Korea and the United States. The slow growth of AFI can be partially explained by labor market rigidities, the role of large firms in Korea, and the flattening of managerial structures.

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Event Flyer for Hyungjoon Park talk

The share of the South Korean population living alone has substantially increased over the last four decades, sparking public concerns about loneness and its broader effects on individuals and society. In this talk Dr. Hyunjoon Park analyzes trends in living alone in Korea from 1980 to 2020. Analyses show a divergence in solo living between those with more and less education in both younger and older age groups but in oppositive directions. Among young men and women aged 25-34, those with a bachelor’s degree or higher are increasingly more likely to live alone than their peers with a high school education or less. In contrast, among older adults aged 65-74, individuals with the lowest level of education are increasingly more likely to live alone. Dr. Park discusses the implications of solo living trends for family dynamics and inequality in Korea.

Hyunjoon Park's headshot

Hyunjoon Park is Korea Foundation Professor of Sociology and Director of the James Joo-Jin Kim Center for Korean Studies at the University of Pennsylvania. Park is interested in family and social stratification in cross-national comparative perspective, focusing on South Korea and other East Asian societies. He has studied changes in marriage, divorce, and living arrangements as well as consequences of demographic and economic trends for education, well-being, and socioeconomic outcomes of children, adolescents, and young adults in Korea. He was the director of the Korean Millennials Research Lab, a multiyear and multidisciplinary project team tasked with investigating the transition to adulthood among young adults in South Korea and Korean Americans in the US. His publications include the single-authored book Re-Evaluating Education in Japan and Korea: De-mystifying Stereotypes (Routledge, 2013); the coauthored book Diversity and the Transition to Adulthood in America (University of California Press, 2022), and the coedited volume Korean Families Yesterday and Today (University of Michigan Press, 2020). 

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Philippines Conference Room (C330)
Encina Hall, 3rd Floor
616 Jane Stanford Way, Stanford, CA 94305

Hyunjoon Park, Korea Foundation Professor of Sociology, University of Pennsylvania
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Flyer for the conference "Taiwan Forward." Image: aerial view of Taipei.

We have reached capacity for this event and registration has closed.


Organized by the Taiwan Program at Stanford University’s Walter H. Shorenstein Asia-Pacific Research Center (APARC)
Co-sponsored by National Taiwan University's Office of International Affairs

As Taiwan looks to develop comprehensive strategies to promote national interests, it faces challenges shared by other advanced economies. How can Taiwan leverage AI innovation and its semiconductor prowess to drive resilience and continued growth while promoting entrepreneurship and forging advantages in emerging industries? What regulatory and policy measures are needed to scale Taiwan’s role as a global leader in biomedical and healthcare advancements while ensuring patient trust and safety? How can it address the gaps posed by rapid family changes and population aging? And how do its historical and linguistic legacies shape present narratives and identities, within Taiwan and among the Taiwanese diaspora?

Join us for a conference that explores these questions and more, featuring panel discussions with scholars from Stanford University, National Taiwan University, and other universities in Taiwan, Japan, Korea, and Singapore, alongside Taiwanese industry leaders. We will examine Taiwan’s strategies for navigating modernization in a shifting global landscape — bridging technology, industry, culture, and society through interdisciplinary and comparative perspectives.

 

8:45 - 9:10 a.m.
Opening Session

Welcome Remarks

Shih-Torng Ding
Executive Vice President, National Taiwan University

Gi-Wook Shin
Director, Shorenstein APARC and the Taiwan Program, Stanford University

Congratulatory Remarks

Chia-Lung Lin
Minister of Foreign Affairs, Taiwan

Raymond Greene
Director, American Institute in Taiwan 


9:10-10:40 a.m.
Panel 1 — Advancing Health and Healthcare: Technology and Policy Perspectives     
    
Panelists 

Kuan-Ming Chen
Assistant Professor, Department of Economics, National Taiwan University

Lynia Huang
Founder and CEO, Bamboo Technology Ltd.

Ming-Jen Lin
Distinguished Professor, Department of Economics, National Taiwan University

Siyan Yi
Associate Professor, School of Public Health, National University of Singapore

Moderator
Karen Eggleston
Director, Asia Health Policy Program, Shorenstein APARC, Stanford University


10:40-10:50 a.m.
Coffee and Tea Break


10:50 a.m.-12:30 p.m.
Panel 2 — Innovation, Entrepreneurship, and Technology Leadership

Panelists 

Steve Chen
Co-founder, YouTube and Taiwan Gold Card Holder #1

Matthew Liu
Co-founder, Origin Protocol

Huey-Jen Jenny Su
Professor, Department of Environmental and Occupational Health and Former President, National Cheng Kung University

Yaoting Wang
Founding Partner, Darwin Ventures, Taiwan

Moderator
H.-S. Philip Wong
Willard R. and Inez Kerr Bell Professor in the School of Engineering, Stanford University


12:30-1 p.m.

Perspectives from Stanford and NTU Students

Tiffany Chang
BS Student in Engineering Management & Human-Centered Design, Stanford University

Liang-Yu Ko
MA Student in Sociology, National Taiwan University


1-2 p.m. 
Lunch Break


2-3:30 p.m.  
Panel 3 — Interwoven Identities: Exploring Chinese Languages, Taiwanese-american Narratives, and Japanese Colonial Legacies in Taiwan

Panelists 

Carissa Cheng
BA Student in International Relations, Stanford University

Yi-Ting Chung
PhD Candidate in History, Stanford University

Jeffrey Weng
Assistant Professor, Department of Sociology, National Taiwan University

Moderator
Ruo-Fan Liu
Taiwan Program Postdoctoral Fellow, Shorenstein APARC, Stanford University


3:30-3:45 p.m. 
Coffee and Tea Break


3:45-5:15 p.m.    
Panel 4 —  The Demographic Transformation: Lessons from Taiwan and Comparative Cases

Panelists

Yen-Hsin Alice Cheng
Professor, Institute of Sociology, Academia Sinica

Youngtae Cho
Professor of Demography and Director, Population Policy Research Center, Seoul National University

Setsuya Fukuda
Senior Researcher, National Institute of Population and Social Security Research, Japan

Moderator
Paul Y. Chang
Tong Yang, Korea Foundation, and Korea Stanford Alumni Association Senior Fellow, Shorenstein APARC, Stanford University


5:15-5:30 p.m.    
Closing Remarks

Gi-Wook Shin
Director, Shorenstein APARC and the Taiwan Program, Stanford University

THIS CONFERENCE IS HELD IN TAIPEI, TAIWAN, ON SUNDAY, MARCH 23, 2025, FROM 8:45 AM TO 5:30 PM, TAIPEI TIME

International Conference Hall, Tsai Lecture Hall
College of Law
National Taiwan University

No.1, Sec. 4, Roosevelt Road
Taipei City, 10617
Taiwan

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Cover of the book "The Four Talent Giants"

The Asia-Pacific region has seen extraordinary economic achievements. Japan's post-World War II transformation into an economic powerhouse challenging US dominance by the late 1980s was miraculous. China's rise as the world's second-largest economy is one of the 21st century's most stunning stories. India, now a top-five economy by GDP, is rapidly ascending. Despite its small population, Australia ranked among the top ten GDP nations in 1960 and has remained resilient. While cultivating, attracting, and leveraging talent has been crucial to growth in these countries, their approaches have varied widely, reflecting significant cultural, historical, and institutional differences.

In this sweeping analysis of talent development strategies, Gi-Wook Shin investigates how these four "talent giants'' achieved economic power and sustained momentum by responding to risks and challenges such as demographic crises, brain drain, and geopolitical tensions. This book offers invaluable insights for policymakers and is essential for scholars, students, and readers interested in understanding the dynamics of talent and economic growth in the Asia-Pacific region and beyond.

See also:

Sociologist Gi-Wook Shin Illuminates How Strategic Human Resource Development Helped Build Asia-Pacific Economic Giants
APARC website,  June 26, 2025

In the Media

Stanford Scholar Reveals How Talent Development Strategies Shape National Futures
The Korean Daily, July 13, 2025 (interview)
- English version
- Korean version


 

Reviews of The Four Talent Giants

 

Review by Barry Eichengreen, University of California, Berkeley 
Published in Foreign Affairs, December 16, 2025

"Scholars have offered multiple hypotheses, mostly emphasizing culture, history, and institutions, to explain the economic rise of countries in Asia. Shin focuses on human capital, analyzing the different ways Asian economies have developed their workforces. The four countries whose economies he focuses on—Australia, China, India, and Japan—have taken distinctive approaches to acquiring what he calls “talent portfolios.” Japan nurtured homegrown talent, while Australia attracted skilled immigrants. China sent students abroad, while India relied on its foreign diaspora and its advanced institutes of technology to train workers and impart needed skills. Although the approaches differ, each country successfully developed scientific, technical, and managerial talent in the quest for economic growth. Shin’s focus on talent competition is especially timely given the rapid increase in the number of students in China studying STEM subjects—science, technology, engineering, and math—and political attacks on higher education in the United States. Together, these trends raise questions about the ability of the United States to keep pace with China."

Review By Steven A. Mejia, Washington State University
Published in Social Forces, August 23, 2025

"The determinants of nation-state development is one of the most central questions in the comparative international social sciences. In The Four Talent Giants: National Strategies for Human Resource Development Across Japan, Australia, China, and India, Gi-Wook Shin joins these longstanding conversations in an ambitious work that may become a classic study. [...]

"There is much to praise about The Four Talent Giants. It makes sound theoretical inferences from analysis of expansive historical and quantitative data on major successes in the modern world economy, helping advance scientific understanding of the factors shaping development. These scholarly insights will also be crucial for policy makers at national, regional, and international levels. For example, countries seeking to foster their own development may invest in the forms of human and social capital emphasized in The Four Talent Giants. [...]

"Overall, The Four Talent Giants provides a groundbreaking theoretical innovation to help explain key empirical problems central to decades of comparative international social scientific work. This may in turn shape development policy that can then improve the quality of life for millions around the world. The Four Talent Giants will move comparative international social scientific conversations on development in important new directions."

Read the complete review via Social Forces.

Review by Anthony P. D'Costa, University of Melbourne
Published in The Developing Economies, November 2025

"Gi-Wook Shin has written an excellent book on talent development strategies [...] Shin's book is noteworthy for three key reasons: First, he has developed a novel framework to analyze the development and the international movement of talent and their mobilization by governments for national economic and technological development. Second, he covers an important region of the world that has significant players in talent portfolios and offers wide-ranging experiences for talent strategy. And third, it is a timely publication when anti-immigrant sentiments are running high. He has skillfully marshaled a wealth of data, including field interviews in these countries, to produce a coherent narrative of global talent [...]

"Gi-Wook Shin's skillfully argued book will inspire students and scholars to rethink talent migration, education inequality, and the future of Asian economic development."

Read the complete review via The Developing Economies.



Advance praise for The Four Talent Giants:

"The Four Talent Giants is a wonderful book, full of new ideas and, especially, comparative empirical research. Gi-Wook Shin's ambitious treatment of the topic of human capital, or 'talent,' in the context of a globalized economy is very important and reading it will be a rewarding exercise for scholars, politicians, corporate leaders, and many others."
—Nirvikar Singh, University of California, Santa Cruz

"The current scholarly literature offers multiple country-specific talent formation studies, including those on the transformative role of skilled migration. However, few authors have dared to attempt a thorough cross-national analysis, comparing the nature and impact of policies across highly variable geopolitical contexts. The Four Talent Giants achieves this goal triumphantly, and accessibly, assessing the global implications of national experimentation for effective talent portfolio management."
—Lesleyanne Hawthorne, University of Melbourne
 

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National Strategies for Human Resource Development Across Japan, Australia, China, and India

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Gi-Wook Shin
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APARC Predoctoral Fellow, 2024-2025
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Alisha Elizabeth Cherian joined the Walter H. Shorenstein Asia-Pacific Research Center (APARC) as APARC Predoctoral Fellow for the 2024-2025 academic year. She is a PhD candidate in Social and Cultural Anthropology at Stanford University. She received her BA from Vassar College in Anthropology and Drama with a correlate in Asian Studies, and her MA in the Social Sciences from the University of Chicago.

Her dissertation, entitled "Beyond Integration: Indian Singaporean Public Urban Life", investigates how enforced racial integration shapes racial formations and race relations in Singapore. Her project explores everyday encounters and interactions that are structured, but not overdetermined, by the state's multiracial policies as well as colonial histories and regional legacies of Indian indentured and convict labour. With her research, she seeks to contribute to a more ethnographic understanding of how plural societies are approached both scholarly and practically.

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Gender Inequity and Economic Impact

India is experiencing profound demographic changes and consequent shifts in the population age structure, though, unlike the experience of other countries, its demographic change is unique and unconventional. While declining fertility rates are often seen as a boost to women's empowerment, there are growing concerns about their impact on gender equity in India, including worsening sex ratios. One notable effect of this demographic shift is the rapid increase in the older population, particularly widows, who face heightened vulnerability shaped by cultural norms. This talk explores two key aspects of India's demographic changes: first, how fertility shifts have affected gender equity, and second, by estimating the economic value of widows, why we must move beyond cultural explanations to understand the vulnerability of widows in India.

KS James 100324

K S James possesses extensive research and teaching experience in the field of Demography. He was formerly the Director and Senior Professor of the International Institute for Population Sciences (IIPS), Mumbai, India. His work examines the interaction of socio-economic and policy forces on demographic factors, including fertility, marriage, gender and ageing in India.  He has several books and articles in his credit including papers in Science, Lancet Global Health, BMC Public Health, Social Science and Medicine, JAMA Network Open, Population Studies and Journal of Demographic Economics. He holds a postdoctoral training from Harvard Centre for Population and Development, Harvard University, USA and Ph.D from Jawaharlal Nehru University, New Delhi. He has been a visiting fellow in many prestigious institutes and universities including Harvard University, USA; London School of Economics, UK; International Institute for Applied System Analysis (IIASA), Austria; University of Southampton, UK and University of Groningen, The Netherlands.

Lunch will be served.

K S James, Senior Visiting Scholar Newcomb Institute, Tulane University
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Stanford University's Walter H. Shorenstein Asia-Pacific Research Center (APARC) proudly announces the launch of the Taiwan Program, which will serve as an interdisciplinary research and education hub on contemporary Taiwan. The program will investigate Taiwan’s strides as a modernization exemplar and the challenges its economy and society face in seeking to drive dynamism and growth in an era marked by shifting global relations. On May 2, 2024, APARC will host the program’s inaugural conference, Innovate Taiwan: Shaping the Future of a Postindustrial Society. Registration for the conference is now open.

Mirroring the dilemmas of other postindustrial societies, Taiwan today finds itself pressed by multiple imperatives. These include the need to generate novel economic competitiveness models amid rapid technological advancement and declining multilateral cooperation, address changing demographic realities, foster cultural diversity and tolerance, fulfill the action pathway to achieve net-zero emissions, and create the institutional and policy conditions to enable these adaptations. The Taiwan Program will explore how Taiwan can effectively address these challenges and seize the opportunities they afford for it to remain at the forefront of vibrancy and progress in the 21st century. 

Housed within APARC, part of the Freeman Spogli Institute for International Studies (FSI), the Taiwan Program will pursue a mission encompassing research endeavors, education and learning initiatives, and exchange opportunities. By investing in these three core areas, the program will produce interdisciplinary, policy-relevant research to understand and address Taiwan’s challenges of economic, social, technological, environmental, and institutional adaptation in the coming decades; prepare the next generation of students to become experts on Taiwan; and facilitate meaningful interactions between Stanford faculty, researchers, and students with their Taiwanese counterparts and with policy experts, industry leaders, and civil society stakeholders in Taiwan. In all these areas, the program will leverage APARC’s expertise and networks and build upon the center’s strong track record of academic research and policy engagement with East Asia. This includes leveraging the proven model and rich experience of APARC’s esteemed programs on contemporary China, Japan, and Korea.

We aim to foster research-practice partnerships between the United States and Taiwan while contributing to Taiwan's long-term development.
Gi-Wook Shin
APARC Director

"The Taiwan Program underscores our commitment to deepening understanding of and engagement with Taiwan,” said Gi-Wook Shin, the William J. Perry Professor of Contemporary Korea and director of APARC. “We aim to foster research-practice partnerships between the United States and Taiwan while contributing to Taiwan's long-term development," added Shin, who is also a professor of sociology, a senior fellow at FSI, and director of the Korea Program at APARC.

The program will be led by a distinguished scholar of contemporary Taiwan to be recruited by the university in an international search. APARC will soon announce its inaugural postdoctoral fellow on contemporary Taiwan, who will help organize the program’s activities in the next academic year. The new program is made possible thanks to tremendous support from several Stanford donors who care deeply about Taiwan’s role on the global stage and U.S.-Taiwan relations. 

"We are profoundly grateful to our supporters for their partnership and commitment to advancing understanding of Taiwan and the U.S.-Taiwan relationship in this pivotal Asia-Pacific region," noted Shin. “This new investment will help us establish a world-leading program on Taiwan at Stanford.”

To inaugurate the new program, APARC will host the conference "Innovate Taiwan: Shaping the Future of a Postindustrial Society." Held on May 2 at the Bechtel Conference Center in Encina Hall, this full-day event will convene esteemed academic and industry leaders to engage in panel discussions covering topics such as migration, culture, and societal trends; health policy and biotechnology; economic growth and innovation; and the dynamics of domestic and international Taiwanese industries. Visit the conference webpage to learn more and register to attend in person.

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Robert Carlin, Siegfried Hecker, and Victor Cha
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A Perilous Crossroads: Deciphering North Korea's Escalating Belligerence

Amid North Korea’s increasing provocations, APARC’s Korea Program hosted three experts — Robert Carlin, Victor Cha, and Siegfried Hecker — to consider whether Pyongyang plans to go to war.
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Portrait of Kiyoteru Tsutsui and a silhouette of the Toyko Syline at night.
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Decoding Japan's Pulse: Insights from the Stanford Japan Barometer

The Asahi Shimbun is publishing a series highlighting the Stanford Japan Barometer, a periodic public opinion survey co-developed by Stanford sociologist Kiyoteru Tsutsui and Dartmouth College political scientist Charles Crabtree, which unveils nuanced preferences and evolving attitudes of the Japanese public on political, economic, and social issues.
Decoding Japan's Pulse: Insights from the Stanford Japan Barometer
Panelists discuss the US-Japan alliance
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A Pivotal Partnership: The U.S.-Japan Alliance, Deterrence, and the Future of Taiwan

A panel discussion co-hosted by Shorenstein APARC and the Sasakawa Peace Foundation USA examined the key dynamics at play in the unfolding regional competition over power, influence, and the fate of Taiwan.
A Pivotal Partnership: The U.S.-Japan Alliance, Deterrence, and the Future of Taiwan
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The program will explore policy-relevant approaches to address Taiwan’s contemporary economic and societal challenges and advance U.S.-Taiwan partnerships.

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Taiwan skyline at dawn with logo of the Taiwan Program and text about the conference "Innovate Taiwan: Shaping the Future of a Postindustrial Society"

*Please note, registration for this event has closed.*

A conference to inaugurate the Taiwan Program at Shorenstein APARC

As Taiwan seeks to stimulate vitality and progress in an era defined by shifting global dynamics, it grapples with a myriad of challenges akin to those that other postindustrial societies face. How can Taiwan innovate its economic competitiveness and refashion collaboration networks amid rapid technological transformations and diminishing globalization? What strategies can it employ to adapt to vast demographic changes? How can it cultivate cultural diversity?

Join us in person to discuss these questions and more at a full-day conference celebrating the launch of the new Taiwan Program at the Walter H. Shorenstein Asia-Pacific Research Center.

Hear from esteemed academic and industry leaders as they delve into topics including demography and migration, societal trends, health policy and biotechnology, economic growth and innovation, and the dynamics of domestic and international Taiwanese industries. 

Watch this space for updates on the agenda and confirmed speakers.

9:00 - 9:15 a.m.
Opening Session

Opening remarks

Gi-Wook Shin
Director of Shorenstein APARC, Stanford University

Congratulatory remarks

Richard Saller
President of Stanford University


9:15-10:45 a.m.
Panel 1: Migration, Culture, and Societal Trends        
    
Panelists 

Pei-Chia Lan
Distinguished Professor of Sociology, National Taiwan University

Ruo-Fan Liu
Ph.D. Candidate at University of Wisconsin-Madison
Incoming Postdoctoral Fellow at Shorenstein APARC, Stanford University

Jing Tsu
Jonathan D. Spence Chair Professor of Comparative Literature & East Asian Languages and Literatures, Yale University

Moderator
Kiyoteru Tsutsui
Deputy Director of Shorenstein APARC and Director of the Japan Program, Stanford University


10:45-11:00 a.m.
Coffee and Tea Break


11:00 a.m.-12:30 p.m.
Panel 2: Health Policy and Biotechnology

Panelists 

Ted Chang
CTO of Quanta Computer

Bobby Sheng
Group CEO and Chairman of Bora Pharmaceuticals

C. Jason Wang
Director of the Center for Policy, Outcomes and Prevention
LCY Tan Lan Lee Professor of Pediatrics and Health Policy, Stanford University

Moderator
Karen Eggleston
Director of the Asia Health Policy Program, Shorenstein APARC, Stanford University


12:30-2:00 p.m. 
Lunch Break


2:00-3:00 p.m.  
Panel 3: Taiwan at Stanford and Beyond

Panelists 

Tiffany Chang
Undergraduate Student in Management Science and Engineering
Research Assistant at Shorenstein APARC , Stanford University

Carissa Cheng
Undergraduate Student in International Relations, Stanford University

Yi-Ting Chung
Ph.D. Student in History, Stanford University

Moderator
Marco Widodo
Undergraduate Student in Political Science, Stanford University


3:00-3:30 p.m. 
Coffee and Tea Break


3:30-5:00 p.m.    
Panel 4:  Economic Growth and Innovation

Panelists

Steve Chen
Co-Founder of YouTube and Taiwan Gold Card Holder #1

Jason Hsu
Edward Mason Fellow at Harvard Kennedy School
Former Legislator of the Legislative Yuan Taiwan

CY Huang
Founder and President of FCC Partners

Rose Tsou
Former Head of Verizon Media International and E-Commerce
Former Regional Head of Yahoo APAC
Former General Manager of MTV Taiwan

Moderator
Larry Diamond
Mosbacher Senior Fellow in Global Democracy at the Freeman Spogli Institute for International Studies
William L. Clayton Senior Fellow at the Hoover Institution, Stanford University


5:00 - 5:30 p.m.    
Social Networking Session
 

Bechtel Conference Center
Encina Hall, First floor, Central, S150
616 Jane Stanford Way, Stanford, CA 94305

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APARC and Korea Program Director Gi-Wook Shin recently joined the Japan Economic Foundation (JEF) to discuss his research project "Talent Flows, Brain Hubs, and Socioeconomic Development in Asia." The conversation was published in the May/June 2023 issue of the Japan SPOTLIGHT, the online journal of JEF.

📥 Download a PDF version of this interview.


JS: How do you see the different situations vis-à-vis demography among Asia-Pacific nations? Some countries like Japan are suffering from depopulation while some are seeing an increase in population. How do you assess the political and economic implications?

Shin: As you mentioned, Japan and South Korea are going through very serious demographic crises with low birth rates, aging populations, and declines in the working-age population. On the other hand, India and many countries in Southeast Asia have very young populations, and we might expect an increase in talent mobility within the Asia-Pacific region. In the past, a lot of Chinese, Indian, and Korean students came to the United States and Europe. But now more people are going to Japan and South Korea. Their level of education has improved; the quality of universities in advanced Asian countries is quite good. We should think about the policy implications of the increase in regional talent mobility in the Asia-Pacific region.

JS: For example, India and Japan are referred to as complementary because India has lots of young people and Japan does not. Would you say that if Japan expanded opportunities for immigrants, it would make the relationship between Japan and India more complementary? Of course, India-Japan relations can be discussed in the context of skilled immigrants but there is still some disagreement on the issue of immigration of unskilled immigrants.

Shin: In the past, Japan and South Korea accepted largely unskilled labor from China and Southeast Asia. This unskilled migration will continue, but at the same time, Japan and South Korea need to accept more skilled migrants. India can be a good source. It is encouraging to see more foreign students who come to Japan, for example, for college and then stay to work. However, most foreigners leave after a few years of work. If you look at Australia, in contrast, many international students go there for college, stay, and eventually naturalize as Australian citizens. One may point out that Australia is very different from Japan or South Korea, which I partially agree with. However, until the 1970s, Australia was also promoting racial homogeneity. Under their “White Australia” policy, they were accepting only white Europeans, but couldn’t sustain the economy with the low population growth. They had to open up, promoting multiculturalism. This has led to an increase in immigrants from Asia, such as from China and India. Going back to your question, Japan and India can be complementary to each other: one needs talent, the other has a strong supply of IT workers.

JS: As you have just explained, the economic implications of this depopulation could cause us a shrinking economy. We should perhaps encourage the flow of talent to supplement the stagnant economy with immigrants – but what do you think about the political implications of this declining population in terms of security concerns?

Shin: Let me give you an example from South Korea. This is a big issue for South Korea because it maintains a large military. On the one hand, there is no way to maintain the military’s current size or level due to a shrinking population but on the other hand, I don’t think you can bring immigrants into the military. It’s not like bringing immigrants into a company. Another political implication is the change in the voting landscape as the proportion of older people or senior citizens is really increasing. They tend to be more conservative, in favor of conservative parties. This may not be an issue for Japan because the Liberal Democratic Party (LDP) gets a lot of support from senior citizens anyway, but in South Korea and other countries where there is a regular change of power, this has potentially huge political implications.

JS: Looking at the possible merits of depopulation, some economists would say that of course depopulation has demerits, but it may still have some merits because individual wealth may increase. What is your perspective on this notion?

Shin: Some jobs can be replaced by robots or AI, and then not only may we not need so many people, but there may be less competition for jobs. Still, I think for any country to maintain the scale of its economy you must maintain a certain level of population. It is not only about production but also consumption. If you have a declining population then consumption will decline in tandem, which will negatively impact the economy. Japan has a fairly large population and the market may be good enough to be self-sufficient for now. But should the population become half of what it is today, then it probably may not be able to sustain the current scale of the economy. While overall you don’t want too many people, South Korea and Japan should be concerned about their declining populations.

To continue reading, download the complete interview >

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Video Interview: Gi-Wook Shin Discusses the Economic and Geopolitical Implications of Mobile Talent

APARC and Korea Program Director Gi-Wook Shin joins Gita Wirjawan, a visiting scholar at the Center and host of the “Endgame” video podcast, to share his work on the ways in which countries in Asia and elsewhere can address brain drain, discuss the influence of soft power on South Korea's evolution, and consider the threats posed by demographic and democratic crises to the country’s future.
Video Interview: Gi-Wook Shin Discusses the Economic and Geopolitical Implications of Mobile Talent
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Depopulation is a concern shared by Japan and South Korea. Immigration of high-skilled labor could be a solution for mitigating it. In this regard, Japan SPOTLIGHT interviewed Prof. Gi-Wook Shin, who is working on a new research initiative seeking to examine the potential benefits of talent flows in the Asia-Pacific region.

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Although Japan’s approach to economic diplomacy under the Fukuda Doctrine initially was subject to criticism because of its stance on non-interference in domestic affairs, now some are in retrospect lauding the approach, according to Kiyoteru Tsutsui, deputy director at Shorenstein APARC and director of the Japan Program, and co-editor of the recent book The Courteous Power: Japan and Southeast Asia in the Indo-Pacific Era. This reevaluation comes after consideration of relatively unsuccessful attempts by the United States to “push” democracy onto Southeast Asian countries. 

The better approach is to focus on advancing the rule of law, which the Japanese have done by investing resources in establishing legal infrastructure in the region, Tsutsui tells Shorenstein APARC Visiting Scholar Gita Wirjawan, host of the popular Endgame video podcast. “Liberal democracy in the sense of the rule of law is a good sort of marketing ploy to sell to Southeast Asian countries because that leads to economic benefits, which is critical to making liberal democracy attractive,” he says.


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Tsutsui joined Wirjawan for an Endgame conversation about Japan’s approaches to foreign direct investment (FDI) in Southeast Asia and other topics. One issue that both scholars agreed upon is the difficulty in getting Americans to focus on Southeast Asia, which has been long recognized as a critical region by the Japanese. Part of the problem is proximity, of course, but the region also tends to be overshadowed in American eyes by East Asian countries. 

The conversation also turned to the demographic issue Japan and other Asian countries are facing as populations age and economic growth stagnates. Tsutsui pointed out that, before 1945, the Japanese Empire saw itself as multi-ethnic; it was only after WWII that the nation was perceived as homogenous, a viewpoint bolstered by Japan’s great economic success in the 1960s and 70s. Now, however, Tsutsui says there is no choice: “Japan has to become more heterogenous,” and even conservative voices acknowledge that women need a larger role in the labor force and that immigrant labor will be essential to combat the demographic crisis.

This discussion with Tsutsui is part of an "Endgame" interview series Wirjawan is recording with Stanford experts during his residency at APARC.

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Stanford sociologist Kiyoteru Tsutsui discusses Japan on the "Endgame" podcast
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Kiyoteru Tsutsui, the Henri H. and Tomoye Takahashi Professor and Senior Fellow in Japanese Studies at Shorenstein APARC, joined Visiting Scholar Gita Wirjawan, host of “Endgame,” a video podcast, to discuss a range of topics, including his work on human rights, the demographic problem in Japan, global democratic decline, and Japan’s approach to Southeast Asia as a projector of soft power.

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