The recent increase in inward FDI (foreign direct investment) has significantly changed the environment of doing business in Japan. These changes will be examined by a "Stanford couple" who have been based in Tokyo since 1990 and are at the center of many of the most interesting changes taking place in Japanese business society, including telecommunications, software, finance, management consulting, and executive search.

Glen S. Fukushima heads the Japan operations of Cadence Design Systems, the $1.4 billion software company and world leader in EDA (electronic design automation), headquartered in San Jose. Previously, he was President of Arthur D. Little, Japan, the management consulting firm (1998-2000), and Vice President of AT&T Japan Ltd. (1990-1998). In the 1980s, he worked in Washington, D.C. at the Office of the U.S. Trade Representative (USTR) as Director for Japanese Affairs (1985-1988) and Deputy Assistant USTR for Japan and China (1988 1990). He was educated at Stanford, Harvard Graduate School, Harvard Business School, and Harvard Law School.

After graduating from Stanford Business School with an MBA in 1987, Sakie T. Fukushima has worked in strategy management consulting at Bain & Company (1987-1991) and in executive search at Korn/Ferry International, the world's largest executive search firm (1991-), where she has served on the Board of Directors since 1995. She has served as Vice President of the Japan Chapter of the Stanford Business School Alumni Association and as a member of the Board of Directors of the Japan Stanford Association. She received an Ed.M. from the Harvard Graduate School of Education and was educated in Japan at the International Christian University and Seisen College.

The United States' strategic interests in Asia must account for the concerns of its two rising powers, China and India. Each has a population of over a billion people, nuclear weapons, and among the fastest growing economies in the world. Clearly, relations among these three countries will to a large extent influence the course of events within Asia in the 21st century. This seminar seeks to explore some aspects of the India - China - U.S. triangle and identify the broad direction in which relations appear to be moving. Venu Rajamony is currently the Counselor at the Embassy of India in Beijing, China. He is a member of the Indian delegation to the Commission on Human Rights and was Chairman/Coordinator of informal consultations during sessions of the Working Group in Human Rights Defenders in 1996 and 1997. Now on sabbatical with the Center for Strategic and International Studies in Washington DC, he has been working on India and Pakistan, and on their relations with the U.S. and China.

Dr. Chowdhury is a vascular surgeon and pioneering public health leader from Bangladesh who wrote "The Politics of Essential Drugs: The Makings of a Successful Health Strategy: Lessons from Bangladesh." In 1971, Dr. Chowdhury left England to return to what was then East Pakistan and join the war of liberation for Bangladesh. He helped establish a field hospital for freedom fighters and refugees, which lead to the development Gonoshasthaya Kendra (GK) or "The People's Health Center." GK has trained more than 7,000 barefoot doctors, and serves 1,000 villages in 14 Bangladeshi districts. A pharmaceutical factory was established by GK in 1981 which produces medicines on the World Health Organization's essential medicines list; employs 1,500 people and has an $11 million annual budget. One-half of its profits are reinvested and the other half go to GK's other projects. In 1985, Dr. Chowdhury and GK were awarded the Ramon Magsaysay Award (sometimes called the Asian Nobel Peace Prize) and in 1992, the Right Livelihood Award (also known as the alternative Nobel Prize). Dr. Chowdhury was instrumental in convincing the Bangladesh government to adopt a National Drug Policy in 1982. This controversial policy promotes essential medicines and discourages the use of drugs with little therapeutic value. GK hosted the People's Health Assembly in December 2000, which challenged global health organizations to improve public health care for the poor. Dr. Chowdhury is this year's International Honoree of the UC Berkeley School of Public Health Heroes.

Democracy in South Korea has gone through four decades of transition and is finally at a consolidation stage. Democratic constitutionalism is slowly being accepted as a new guiding principle in the public life in the country which is still a predominantly collectivity- or person-oriented society. Democracy as a political ideal and institution came from the West and, is, by virtue of its origins, individualist in that the individual conscience is the ultimate source of decision about what is right and wrong (E.H. Carr). Will constitutionalism, then, eventually replace collectivism-personalism (which puts emphasis on group and person over and against the individual) and establish an individualist democracy in South Korea? Or, since the traditional collectivist-personalist ethic survived democratic encroachment and accommodated itself to the democratic polity, will there be a new form of democracy? If so, how different it will be from Western democracy? The aim of this paper is to explore these issues.