New Challenges for Maturing Democracies in Korea and Taiwan takes a creative and comparative view of the new challenges and dynamics confronting these maturing democracies.

Numerous works deal with political change in the two societies individually, but few adopt a comparative approach—and most focus mainly on the emergence of democracy or the politics of the democratization processes. This book, utilizing a broad, interdisciplinary approach, pays careful attention to post-democratization phenomena and the key issues that arise in maturing democracies.

“As two paradigmatic cases of democratic development, Korea and Taiwan are often seen as exemplars of both modernization and democratization. This volume both contributes and moves beyond this focus, looking forward to assess the maturation but also the risks to democracy in both countries. With its strong comparative focus and a sober appreciation of how hard it can be not to just to attain but to sustain democracy, it represents a major contribution."  

     — Benjamin Reilly, Dean, Sir Walter Murdoch School of Public Policy and International Affairs, Murdoch University

What emerges is a picture of two evolving democracies, now secure, but still imperfect and at times disappointing to their citizens—a common feature and challenge of democratic maturation. The book demonstrates that it will fall to the elected political leaders of these two countries to rise above narrow and immediate party interests to mobilize consensus and craft policies that will guide the structural adaptation and reinvigoration of the society and economy in an era that clearly presents for both countries not only steep challenges but also new opportunities.

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Larry Diamond is a Senior Fellow at the Hoover Institution and the Freeman Spogli Institute for International Studies at Stanford. He is also Director of Stanford's Center on Democracy, Development, and the Rule of Law. Gi-Wook Shin is Director of the Walter H. Shorenstein Asia-Pacific Research Center, the Tong Yang, Korea Foundation, and Korea Stanford Alumni Chair of Korean Studies, and Professor of Sociology at Stanford.

This volume collects 22 articles by Masahiko Aoki, selected from writings published over the course of his 45-year academic career. These fascinating essays cover a range of issues, including mechanism design, comparative governance, corporate governance, institutions and institutional change, but are tied together by a focus on East Asia and a comparative institutional framework.

Specific topics include the early stages of mechanism design theory, comparative analysis of vertical, horizontal and modular industrial coordination and its applications, cooperative game-theoretic approaches to the diversity of corporate government structure, the endogenous nature of institutions, and comparative and historical analysis of institutions in Japan, China and Korea.

Students, professors and scholars with an interest in comparative institutional studies and East Asian studies will find this book a useful and illuminating resource.

This paper contributes to the discussion of how Public Private Interplay (PPI) can be used to foster Next Generation Access (NGA) buildouts in Europe by introducing the experience of Japan. Japan, which succeeded in both promoting nationwide network buildouts and fostering competitive dynamics that led to the world's fastest and cheapest broadband services and deploying them nationwide. The process entailed deregulation, which unleashed new entrepreneurial private actors, and re-regulation that protected them from incumbent carriers. The resulting market dynamics lowered Digital Subscriber Line (DSL) prices, influencing the market price for Fiber-To-The-Home (FTTH), for which the government had heavily subsidized carriers. Central government initiatives, combined with local incentives, led to an almost 100% broadband accessibility within a few years. However, Japan quickly discovered that taking advantage of the broadband environment to produce innovation, productivity growth, and economic dynamism, was far more difficult than facilitating its creation. It discovered regulatory barriers for the use of Information and Communications Technology (ICT) in various areas of the economy. Like Europe, Japan was not home to the ICT lead-user enterprises and industries that drove the ICT revolution, producing innovation and productivity gains. Moreover, the advent of US-centered cloud computing services potentially decreases the minimum bandwidth requirement to access global-scale computing power. The development of wireless technologies far cheaper than Japan's nationwide FTTH also merits serious consideration for European policy discussions.

The Tenth Korea-U.S. West Coast Strategic Forum was held at Stanford University on June 28, 2013. Established in 2006 by Stanford University’s Walter H. Shorenstein Asia-Pacific Center (Shorenstein APARC), and now convening twice annually and alternating in venue between Stanford and Seoul, the forum brings together distinguished South Korean (Republic of Korea, or ROK) and U.S. West Coast–based American scholars, experts, and former military and civilian officials to discuss North Korea, the U.S.-ROK alliance, and regional dynamics in Northeast Asia. The Sejong Institute of Korea is co-organizer of the forum. Operating as a closed workshop under the Chatham House Rule of individual confidentiality, the forum allows participants to engage in candid, in-depth discussion of current issues of vital national interest to both countries. Participants constitute a standing network of experts interested in strengthening and continuously adapting the alliance to best serve the interests of both countries. Organizers and participants hope that the publication of their discussions at the semi-annual workshops will contribute to the policy debate about the alliance in both countries and throughout Northeast Asia.

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South Korea and Vietnam established diplomatic relations only twenty years ago. Today these former adversaries enjoy unexpectedly cordial and rapidly expanding bilateral ties. Leaders of the two nations—perceiving broadly shared interests and no fundamental conflicts—seek to leverage their subregional influence on behalf of common or complementary policy goals. Today they often profess a “middle power” identity as they explain their foreign policy in terms of such classical middle power goals as regional peace, integration, and common goods.

Broadly similar in many respects, South Korea and Vietnam are nonetheless sufficiently different that a comparison can yield interesting insights—yet there is a dearth of systematic comparative work on the two. While holding a range of views on the contentious concepts of middle power and national identity, the contributors to Asia’s Middle Powers? help readers, both academic and policy practitioners, to gain an enhanced appreciation of South Korea and Vietnam’s regional behavior and international strategies

The publication of Asia's Middle Powers was made possible by the generosity of the Koret Foundation of San Francisco, CA.

Desk, examination, or review copies can be requested through Stanford University Press.

The treatment of the wartime period in Japan's history textbooks has long been a subject of debate and controversy, even a source of international tension. Since their creation, history textbooks have been used to shape national identity and encourage patriotism. This article, drawing on the comparative study of high school history textbooks in Japan, China, South Korea, Taiwan and the United States by Stanford's "Divided Memories and Reconciliation" project, compares the treatment of the wartime period in the textbooks of China and Japan. The study found that Japanese textbooks are relatively devoid of overt attempts to promote patriotism and that they contain more information about controversial wartime issues such as the Nanjing Massacre than is widely believed. In contrast, Chinese textbooks, particularly after their revision a decade ago, are consciously aimed at promoting a nationalist view of the past as part of the country's “patriotic education” campaign. The article warns, however, against efforts in Japan to promote a Japanese-style version of patriotic education.

This paper discusses economic impacts and policy challenges related to implementing Basel III, the new international standard of banking regulation, in the United States, Japan, and the European Union. The G20 leaders endorsed Basel III in late 2010 and currently national regulators are translating it into their national laws and regulations. A key issue is whether regulators can persuade their national legislatures and industries of the merits of Basel III. This paper compares and analyzes the economic cost-benefits of Basel III under the different regulatory environments of these countries, including the size of the banking sector in financial intermediation, the size of bank assets relative to GDP, additional capital that banks need to raise, the methods banks use to raise capital ratio, and cross-border bank activities.

日本経済が現在直面する課題は、１９世紀半ばの開国、１９２０年代の混乱、第二次世界大戦による荒廃といった歴史的転換に匹敵する。

長期的視点から「日本の失敗」の原因を究明し、成長への総合的な政策を提示する。

Phillip Y. Lipscy and Lee Schipper examine energy efficiency in the Japanese transportation sector since the 1970s. Comparisons with the United States and other developed economies illustrate that Japan primarily stands out due to low activity levels and modal structure rather than modal energy intensity. On-road automobile energy intensity has shown little improvement, albeit from a low base, over the past four decades. They also consider policy measures undertaken by the Japanese government. Political arrangements in Japan after World War II made it attractive for politicians to pursue energy conservation by making transportation, particularly by automobile, expensive for the average Japanese citizen. The revenues raised from various fees and taxes on automobile transportation were redistributed to core supporters of the ruling Liberal Democratic Party. These political arrangements have come under fire in recent years, calling into question Japan's traditional approach towards transportation sector energy efficiency.

Kim Jong-il once declared he would transform North Korea into a "great and powerful country" by 2012, apparently believing that nuclear weapons would compel the international community to engage on his terms. With no such prospect in sight, North Korea faces a multitude of intractable problems. Will North Koreans accept his son as their leader, and will he embrace new thinking to solve the country's problems? Why do North Korean leaders resist reform of an economic system that impoverishes the people? Can a country so dependent on outside help continue to defy the international community?

In Troubled Transition, leading international experts examine these dilemmas, offering new insights into how a troubled North Korea may evolve in light of the ways other command economies and totalitarian states--from the Soviet Union and East Germany to Vietnam and China--have transitioned.

The publication of Troubled Transition was made possible by the generosity of the Koret Foundation of San Francisco, CA.

Desk, examination, or review copies can be requested through Stanford University Press.