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Confronting a declining population and increased aging, the government of Japan currently implements measures for Regional Revitalization (chiho sosei), a policy to vitalize local economies by shaping “a social framework more amenable to bearing and raising children.” One of the most important policy issues to shape such a framework is to secure employment opportunities in regional economies, and establishment of new firms, or startups, plays a significant role in providing new employment opportunities.

For the success of startups, money (fund raising) is the chief obstacle because startups are rarely creditworthy and have significant asymmetry of information on its repayment ability with lenders. Such firms have difficulty in raising funds, or financial constraint, and cannot help but depend on internal funds from their CEOs or families. Whether and to what extent do startups confront with financial constraint? How does finance matter for the performance of startups? And first of all, how do various types of startups raise funds?

To answer these questions, Uchida currently leads a research project on startup finance in Japan with support from a large-scale research grant in Japan (JSPS Kakenhi). In this seminar, he reports findings from this ongoing project. He presents an overview of, and some empirical results on, the current statu of startups firms and startup finance in Japan using publicly available data and data from original surveys that his research team has conducted. He also provides some findings from international comparisons with findings from the U.S., which he currently undertakes as a visiting scholar at APARC (with support from Abe Fellowship).

 

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Hirofumi Uchida joins the Walter H. Shorenstein Asia-Pacific Research Center (Shorenstein APARC) during the 2017-2018 academic year from the Kobe University’s Graduate School of Business Administration where he serves as a professor of Banking and Finance.

Uchida’s research interests focus on banking, financial institutions, and financial system architecture. During his stay at Shorenstein APARC, Uchida will conduct research on startup finance in the U.S. from the perspective of an international comparison with Japan. For this research, he receives Abe Fellowship (Social Science Research Council).

Uchida's research has been published in International Economic Review, Journal of Money, Credit and Banking, Journal of Financial Intermediation, Economica, and Journal of Banking and Finance, among others. He is also an associate editor of Journal of Money, Credit, and Banking, and a member of the Study Group for Earthquake and Enterprise Dynamics (SEEDs) and the Money & Finance Research Group (MoFiR). 

Uchida received his M.A. in Economics in 1995 and his Ph.D. in Economics in 1999, both from Osaka University. Prior to joining Kobe University in 2009, Uchida was with the Kyoto Institute for Economic Research at Kyoto University, and the Faculty of Economics at Wakayama University. He was also a visiting scholar at the Kelley School of Business, Indiana University as a 2003 Fulbright Scholar.

 

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hirofumi_uchida Ph.D.

Hirofumi Uchida joins the Walter H. Shorenstein Asia-Pacific Research Center (Shorenstein APARC) during the 2017-2018 academic year from the Kobe University’s Graduate School of Business Administration where he serves as a professor of Banking and Finance.

Uchida’s research interests focus on banking, financial institutions, and financial system architecture. During his stay at Shorenstein APARC, Uchida will conduct research on startup finance in the U.S. from the perspective of an international comparison with Japan. For this research, he receives Abe Fellowship (Social Science Research Council).

Uchida's research has been published in International Economic Review, Journal of Money, Credit and Banking, Journal of Financial Intermediation, Economica, and Journal of Banking and Finance, among others. He is also an associate editor of Journal of Money, Credit, and Banking, and a member of the Study Group for Earthquake and Enterprise Dynamics (SEEDs) and the Money & Finance Research Group (MoFiR). 

Uchida received his M.A. in Economics in 1995 and his Ph.D. in Economics in 1999, both from Osaka University. Prior to joining Kobe University in 2009, Uchida was with the Kyoto Institute for Economic Research at Kyoto University, and the Faculty of Economics at Wakayama University. He was also a visiting scholar at the Kelley School of Business, Indiana University as a 2003 Fulbright Scholar.

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Abstract

Objective: Reducing rural-urban disparities in health and health care has been a key policy goal for the Chinese government. With mental health becoming an increasingly significant public health issue in China, empirical evidence of disparities in the use of mental health services can guide steps to reduce them. We conducted this study to inform China’s on-going health-care reform through examining how health insurance might reduce rural-urban disparities in the utilization of mental health inpatient services in China.

Methods: This retrospective study used 10 years (2005–2014) of hospital electronic health records (EHRs) from the Shandong Center for Mental Health (SCMH) and the DaiZhuang Psychiatric Hospital (DZPH), two major psychiatric hospitals in Shandong Province. Health insurance was measured using types of health insurance and the actual reimbursement ratio (RR). Utilization of mental health inpatient services was measured by hospitalization cost, length of stay (LOS), and frequency of hospitalization. We examined rural-urban disparities in the use of mental health services, as well as the role of health insurance in reducing such disparities.

Results: Hospitalization costs, LOS, and frequency of hospitalization were all found to be lower among rural than among urban inpatients. Having health insurance and benefiting from a relatively high RR were found to be significantly associated with a greater utilization of inpatient services, among both urban and rural residents. In addition, an increase in the RR was found to be significantly associated with an increase in the use of mental health services among rural patients.

Conclusion: Consistent with the existing literature, our study suggests that increasing insurance schemes’ reimbursement levels could lead to substantial increases in the use of mental health inpatient services among rural patients, and a reduction in rural-urban disparities in service utilization. In order to promote mental health care and reduce rural-urban disparities in its utilization in China, improving rural health insurance coverage (e.g., reducing the coinsurance rate) would be a powerful policy instrument.

Published, available at: https://link.springer.com/content/pdf/10.1007%2Fs10754-018-9238-z.pdf

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Asia Health Policy Program working paper # 46
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Abstract
Substance abuse has been an important social and public health problem in Thailand for decades. The National Household Survey on Substance and Alcohol Use in Thailand, which has been conducted six times, shows that substance abuse has steadily increased.
Extrapolated country-wide in recent data, the estimated number of people who have used at least one addictive substance at some time in their lives was 2,964,444 or 5.8% of the total population aged 12 - 65 years. Kratom, Methamphetamine, methamphetamine hydrochloride crystal (ice), and cannabis were the most prevalent substances of abuse.

Historical documentation and policy reports were used in this study. The objectives of this study were to complete a document review, determine the effectiveness of previous measures to control illegal substance abuse in Thailand, and consider options for the future.

Controlling illegal substance abuse in the future and minimizing total harm requires a delicate balance of efforts to reduce the prevalence, quantity, and harmful effects of substances. Drug policy interventions should be continually evaluated for their effectiveness.
The strategies relevant to drug policy, apart from primary prevention, are health services for chronic drug users, reform of criminal sanctions against drug addicts, and legalization of kratom.

Keywords: substance abuse policy, Thailand

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gilhong_kim.jpg Ph.D.

Dr. Gilhong Kim joins the Walter H. Shorenstein Asia-Pacific Research Center for the 2018 year as visiting scholar.  He currently serves as the Senior Director and Chief Sector Officer of the Sustainable Development and Climate Change Department at the Asian Development Bank.  He will be conducting research on technological development and impact in the Asia-Pacific.

Visiting Scholar at APARC
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Japan is commonly regarded as a country that is closed against migrants. It does not allow their entries in a large size, granting restricted rights. As an attempt to understand this tendency, this research claims that Japan’s citizenship law, jus sanguinis (by ancestry) principle, sets a fundamental frame for its migration policymaking. To test this claim, it examines how the citizenship law influences attitudes of the general public as well as those of politicians. Specifically, Japan under a strong emphasis on blood ties is more likely to impose a restrictive migration policy, because (1) the general public tends to reveal a greater distance toward migrants (societal nature); and (2) migrant groups are excluded from electorate, and thus, politicians are less inclined to impose generous policies for them (electoral nature).  In order to demonstrate these mechanisms, this research traces Japanese public attitude and political incentives, which have governed its migration policy until today.


 

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Yu Jin Woo is a Japan Program Research Scholar at the Shorenstein Asia-Pacific Research Center (APARC). Woo’s research interests are in the fields of international and comparative political economy, particularly migration policies and citizenship laws.  Woo holds a doctorate in political science from the University of Virginia. She received her first master’s degree in international cooperation at Seoul National University and her second master’s degree in political economy at New York University. She obtained her Bachelor of Arts in East Asian Studies at Smith College.

 

Research Scholar, Shorenstein APARC, Stanford University
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Japan grew explosively and consistently for more than a century, from the Meiji Restoration until the collapse of the economic bubble in the early 1990s. Since then, it has been unable to restart its economic engine and respond to globalization. How could the same political–economic system produce such strongly contrasting outcomes?

This book identifies the crucial variables as classic Japanese forms of socio-political organization: the "circles of compensation." These cooperative groupings of economic, political, and bureaucratic interests dictate corporate and individual responses to such critical issues as investment and innovation; at the micro level, they explain why individuals can be decidedly cautious on their own, yet prone to risk-taking as a collective. Kent E. Calder examines how these circles operate in seven concrete areas, from food supply to consumer electronics, and deals in special detail with the influence of Japan's changing financial system. The result is a comprehensive overview of Japan's circles of compensation as they stand today, and a road map for broadening them in the future.


 

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Kent Calder is currently Director of the Reischauer Center for East Asian Studies at SAIS/Johns Hopkins University in Washington, D.C. Before arriving at SAIS in 2003, he taught for twenty years at Princeton University, and has also been Distinguished Visiting Professor at Seoul National University, Visiting Professor at Yangon University, and Lecturer on Government at Harvard University. Calder, a member of the Council on Foreign Relations since 1990, served as Special Advisor to the U.S. Ambassador to Japan (1997-2001), Japan Chair at the Center for Strategic and International Studies (1989-1993 and 1996); and as the first Executive Director of Harvard University’s Program on U.S.-Japan Relations (1979-1980). Calder received his Ph.D. from Harvard University in 1979, where he worked under the director of Edwin O. Reischauer. He is the author of ten books on East Asian political economy, energy geopolitics, Japanese politics, and US-Japan relations, including most recently Singapore: Smart City, Smart State (Brookings, 2016) Asia in Washington (Brookings, 2014), The New Continentalism (Yale, 2012); Ten of these books have been translated into Japanese. Calder was recently awarded the Order of the Rising Sun, Gold Rays with Neck Ribbon, for his contribution to Japan-US relations, and to the academic study of Japan.

 

Kent Calder Director, Edwin O. Reischauer Center for East Asian Studies; and Director of Japan Studies at the Johns Hopkins School of Advanced International Studies (SAIS)
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Keun Lee, winner of the 2014 Schumpeter Prize and a professor of economics at Seoul National University, will explore the Schumpeterian hypothesis that the effectiveness of the national innovation system (NIS) of a country determines its long term economic performance, using the case of South Korea as an example. Professor Lee will present an overview of South Korea’s NIS during the “catch-up” and “post-catch-up” stages; and will compare the Korean case with the NIS of European economies to derive comparative lessons. He will also address specific innovation issues in Korea, such as commercializing knowledge in the public sector.

Professor Lee authored Economic Catch-up and Technological Leapfrogging: Path to Development & Macroeconomic Stability in Korea (2016, E Elgar); and Schumpeterian analysis of Economic catch-up (Cambridge University Press, 2013: awarded Schumpeter Prize). He is currently president of the International Schumpeter Society, a member of the Committee for Development Policy of the UN, an editor of Research Policy, an associate editor of Industrial and Corporate Change, and a council member of the World Economic Forum. He obtained a PhD in economics from the University of California, Berkeley, and worked at the World Bank, University of Aberdeen, and the East West Center, Hawaii. One of his most cited articles is a paper on Korea’s Technological Catch-up published in Research Policy, with 1,000 citations (Google Scholar). His H-index is now 35, with 85 papers with more than 10 citations.

Keun Lee <i>Professor of Economics, Seoul National University</i>
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Part of an eighteen-month Academy project on Civil Wars, Violence, and International Responses, the essays in the Winter 2018 issue of Dædalus consider the impediments to ending civil wars and offer policy recommendations for states involved in conflict and for the international community. The companion Fall 2017 issue of Dædalus describes the causative factors of civil wars in the modern era, examines the security risks posed by intrastate violence, and explores the challenges confronting external actors.

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The Japan Program hosted the Abe Fellows Global Forum, “Confronting Climate Change: What Can the U.S. and Japan Contribute to Creating Sustainable Societies?” at Bechtel Conference Center at Stanford University on October 20, 2017. The event was co-organized with the Social Science Research Council, in collaboration with the Center for Global Partnership of the Japan Foundation, which funds the Abe Fellowship Program.

The conference opened with a remark by George P. Shultz, Thomas W. and Susan B. Ford Distinguished Fellow, Hoover Institution at Stanford University and former US Secretary of State and US Secretary of Treasury followed by a keynote by Michael Armacost, Shorenstein APARC Fellow at Stanford University and former ambassador to Japan and the Philippines, who addressed questions on strategies for reducing energy consumption and possibilities for future international cooperation between Japan and the United States on climate change.

Following the keynote speech, experts from Japan and the United States engaged in a panel discussion and shared some of the lessons that have been learned from Asia’s experience.  Toshi Arimura, Professor, Faculty of Political Science and Economics, Waseda University, presented the experience of carbon pricing in the U.S. and Japan and the successful experience in both countries.  Janelle Knox-Hayes, Lister Brothers Associate Professor of Economic Geography and Planning, Massachusetts Institute of Technology, pointed out the importance of the socio-political context in various countries for creating well-functioning markets for carbon emission.  Philip Lipscy, Assistant Professor of Political Science and Thomas Rohlen Center Fellow at FSI, Stanford University, discussed how the political context has been influencing Japan’s energy policies.  Dana Buntrock, Chair, Center for Japanese Studies and Professor of Architecture, UC Berkeley, presented how specific contexts in Japan and the U.s. have shaped the energy policies in two countries.

The conference was followed by a reception in the Oksenberg Conference Room.

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Dillon Saw
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The Lee Shau Kee World Leaders Forum on “US and the Asia Pacific” was held on November 13th, 2017. This event that brought 250 participants to the Center also marked the 5th anniversary of the Stanford Center at Peking University’s (SCPKU) anniversary and 10th anniversary of the Stanford China Program.  Stanford Political Science Professor and SCPKU Director Jean Oi welcomed the audience with remarks highlighting Stanford’s initiative to build China studies at the home campus with the creation of the China Program and in China with the construction of SCPKU -- Stanford’s “Bridge Across the Pacific.”   Professor Michael McFaul, Director of the Freeman Spogli Institute for International Studies at Stanford University, opened the forum with a stimulating keynote address on “The Historical Origins and Contemporary Consequences of President Trump’s Worldview.” In his talk, Prof. McFaul examined the President’s views and characterized them as fitting within but standing on the extreme end of long-standing foreign policy traditions.  Combining his scholarly expertise with his experience in the Obama administration, Prof. McFaul offered the audience a sharp, wide-ranging but balanced overview of the continuities between Obama’s and Trump’s policies and the stark difference in rhetoric between these two Presidents. He used dynamic representations of isolationists versus internationalists, and realists versus liberals to explain that foreign policy differences exist within political parties rather than between them. Prof. McFaul took the audience around the globe, with timely accounts of the continuities, the positive changes and the adverse changes in US foreign policy under President Trump in, for example, the Middle East, Europe and Asia.  Overall, he argued that democratic institutions in the US are open to evolution and renewal; that the structures of American leadership are still robust; and pointed to different historical periods (as during the inter-war period in the 1930’s; the rise of communism in the 1950’s; the rise of the Soviet Union in the 1970’s and Japan’s rapid ascendance in the 1980’s) when pundits declared America’s demise only to be proven wrong. Prof. McFaul asserted that current “predictions of permanent American decline is premature.”  Prof. McFaul, however, did point to North Korea as a major point of worry, which segued into the panel discussion that followed.

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Professor Michael McFaul, Director of Stanford's Freeman Spogli Institute for International Studies,
keynotes SCPKU's Lee Shau Kee World Leaders Forum.
Courtesy of Stanford University.

 

What will happen with North Korea was a focus of the lively high-level panel discussion chaired by Professor Jean C. Oi on “The US, China and Asia Pacific” with Karl Eikenberry, Former US Ambassador to Afghanistan, Director of US-Asia Security Initiative at Stanford; Kathleen Stephens, Former US Ambassador to the Republic of Korea and William J. Perry Fellow at Shorenstein APARC of Stanford; Thomas Fingar, Former chairman, National Intelligence Council; Former Assistant Secretary of State for Intelligence and Research; Shorenstein APARC Fellow; Yu Tiejun, Associate Professor and Vice President of the Institute of International and Strategic Studies at Peking University; and Zhu Feng, Executive Director, China Center for Collaborative Studies of the South China Sea and Director, Institute of International Studies at Nanjing University.

 

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SCPKU World Leaders Forum panelists discuss future of US-Asia Pacific relations.
Courtesy of Stanford University

 

Prof. Fingar started the discussion on US-China relations, flatly rejecting the realist theory of conflict between rising and declining powers and the notion that “two tigers cannot get along.” He pointed out that interdependencies between the US and China have grown and that the US and China have more in common than ever before. Yet, with growing interdependence, chances for friction have also increased; thus, “having more issues,” he stated, “does not necessarily mean that the relationship is more fragile – perhaps the opposite [is true].” He also stated that China faces enormous challenges domestically and internationally, and that the US will be reacting to China rather than the other way around.

 

Amb. Stephens, Prof. Yu and Prof. Zhu all turned the discussion more squarely towards the intensifying North Korea missile crisis. The panelists all characterized this as a critical moment not only on the Korean peninsula but in all of Northeast Asia.  Amb. Stephens stressed how important this is in the working relationship of the US and China as they strive to manage future crises and issues. While everyone found agreement on one common point – i.e., the implausible prospects of a “complete, verifiable, irreversible denuclearization” of North Korea -- each gave unique perspectives on what might happen on the Korean peninsula as the situation unfolds. Prof. Yu outlined three possible scenarios of (i) accepting North Korea as a nuclear power de facto; (ii) imposing increasingly draconian sanctions; and (iii) turning towards the military option against North Kore. But he did not express much optimism that any of these options would, in the end, provide good outcomes. Amb. Stephens, on the other hand, emphasized the strength and resilience of the US-ROK relationship stating “I wouldn’t underestimate [the US’] commitment to the ROK.” She also foresaw a future in which the US will conduct more military exercises, and install more anti-missile defense systems across Northeast Asia as a result of the North Korean threat – a prospect which, she surmised, the PRC would not welcome.

 

Prof. Zhu, on the other hand, offered a more optimistic perspective on the North Korean nuclear standoff by pointing to the increasing cooperation between the US and China. Asking the listeners to “please take the report that China is actively opposing North Korea seriously” he held out the hope that North Korea might return to the negotiating table once it saw that China was supporting the United States.

 

Amb. Eikenberry, as the final panelist to share his remarks, took the discussion to the broader Asia Pacific level and drew distinctions on “Asia Pacific” and “Indo Pacific,” as the latter description better reflects maritime flows, the geographical layout as well trade flows more accurately. He invited panelists to depict what would happen in different possible scenarios and outcomes relating to military crisis in the region. The panelists shared their views on action options involving sanctions and multilateral agreements, and agreed that countries should focus on achieving shared goals. 

 

 

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SCPKU's 3rd Annual Lee Shau Kee World Leaders Forum on "US and the Asia Pacific," November 13, 2017. | Stanford University
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