When the Asian Crisis hit in 1997, California looked particularly vulnerable. Foreign markets had been of growing importance to the state's economy over the previous decade, and California's trade was heavily weighted toward Asia. The US trade deficit had been rising steadily and the rapid depreciation of Asian currencies threatened to dampen demand for the state's goods, while at the same time flooding it with imports. Yet the State's economy weathered this storm quite well. Why? Kroll and Bardhan will present research on California's linkages with the global economy which help explain this outcome. Additionally, Kroll and Bardhan will present research showing how California is becoming integrated with the global economy in other, more complex ways. California-based firms have expanded their sales and production activities throughout the world, and production that occurs within the state has come be increasingly linked to Asia for imports of intermediate inputs. Cheaper inputs and finished goods in turn have moved the economy to higher value-added sectors and related services. Kroll and Bardhan will discuss the some consequences of these linkages and analyze their effects on the employment structure of the state. Dr. Cynthia Kroll is Regional Economist at the Fisher Center for Real Estate and Urban Economics, at the University of California at Berkeley. She holds M.A. and Ph.D. degrees from Berkeley's Department of City and Regional Planning, and serves as an advisor to the California Office of Economic Research and the Association of Bay Area Governments Ashok Bardhan is a research associate at the Fisher Center, and served formerly as an officer with the Reserve Bank of India.

S.B. Woo is a physicist and former Lieutenant Governor of Delaware. He was born in Shanghai, China, and came to the United States from Hong Kong at the age of eighteen. He received his B.S., summa cum laude, in mathematics and physics from Georgetown College in Kentucky and his Ph. D. in physics from Washington University in St. Louis in 1964. His other experiences include being trustee of the University of Delaware, an Institute Fellow at the Kennedy School of Government, Harvard University. As OCA's (Organization of Chinese Americans) National President in 1991, his vision was to help make the Asian- American an equal partner in the making of the American Dream. After politics, Dr. Woo returned to University of Delaware to teach Physics. He enjoys greatly using the methodology of physics to do research in economics, education and national technology policy. He is currently working on a project called The 80-20 Initiative.

In view of the recent summit between two Korean leaders, Shorenstein APARC believes that the prospect for inter-Korean economic cooperation has improved a great deal. The primary purpose of this conference is to explore various possibilities of inter-Korean economic cooperation as well as to formulate a policy and institutional framework for successfully implementing such cooperative efforts.

The conference will start with an analysis of the current economic situation in the Korean Peninsula and, then, explore sector-specific issues in agriculture, energy, manufacturing and infrastructure. Finally, the conference will draw policy implications for North Korea, South Korea, the United States, and the international community.

Prof. Panikkar will address the relationship of history to issues of power, politics, and censorship in the context of the recent controversy involving the withdrawal of two volumes on modern history by the Indian Council of Historical Research (ICHR).

Prof. K. N. Panikkar teaches at the Centre for Historical Studies, Jawaharlal Nehru University. He is the Chairman of the Archives on Contemporary History and formerly the Dean of the School of Social Sciences, JNU. He is associated with several universities and institutions in India and abroad. He has been the President of the Modern History Section of the Indian History Congress and a member of the Indian Council for Social Science Research and the Indian Council for Historical Research. He has also been a member of several academic and research organizations and a visiting professor to universities abroad.

Prof. Panikkar's main area of current research is intellectual-cultural history of modern Indian on which he has written extensively. His publications include, Culture, Ideology and Hegemony--Intellectuals and Social Consciousness in Colonial India; Culture and Consciousness in Modern India; Against Lord and State--Religion and Peasant Uprisings in Malabar; Communal Threat, Secular Challenge and British Diplomacy in North India. Among the books he has edited the latest is The Concerned Indian's Guide to Communalism.