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Major economic reforms are often politically difficult, causing pain to voters and provoking unrest. They may be opposed by politicians with short time horizons. They may collide with the established ideology and an entrenched ruling party. They may be resisted by bureaucrats and by vested interests. Obstacles to major economic reform can be daunting in democratic and autocratic polities alike.

And yet, somehow, past leaders of today's Asian dragons did implement vital economic reforms. The paper recounts the political maneuvers used by leaders of economic reform in Asia during these pivotal eras: China under Deng Xiaoping; India in the 1990s; Thailand under General Prem Tinsulanonda; Vietnam's Doi Moi; South Korea under Park Chung Hee; and Singapore under Lee Kuan Yew.

The last part of the paper classifies these maneuvers as responses to the main political barriers to reform. It serves as a "playbook" of tactics for economic reformers. For example, to overcome ideological baggage, the reformers packaged reforms as means to strengthen the party in power. They reformed gradually, initially seeking win-win compromises. They blessed pro-market violations as pilot projects. They even created new provinces to dilute the anti-reform vote.

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Working Papers
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Stanford Center for International Development
Authors
Dennis Arroyo
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New Beginnings, a nonpartisan policy study group of former senior U.S. officials and other experts on Korea, will discuss the results of President Lee's visit and the prospects for forging a real partnership with South Korea at the World Affairs Council, San Francisco on June 3.

Panelists:

Michael H. Armacost, former U.S. Ambassador to Japan and the Philippines, and former Under Secretary of State for Political Affairs; currently the Shorenstein Distinguished Fellow, Asia-Pacific Research Center (APARC), Stanford University

Evans J.R. Revere, President of the Korea Society, and former Principal Deputy Assistant Secretary of State for East Asian and Pacific Affair

Gi-Wook Shin, Director of Shorenstein APARC and Professor of Sociology, Stanford University

Daniel C. Sneider, Associate Director for Research, Shorenstein APARC, Stanford University, and formerly a foreign affairs correspondent and columnist

David Straub, Pantech Research Fellow at Stanford's Shorenstein APARC, and a former State Department Korean affairs director

Bruce Pickering, Executive Director of the Asia Society Northern California (moderator)

This event is co-sponsored by the Asia Society of Northern California and World Affairs Council.

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Members of New Beginnings, a nonpartisan study group of former senior U.S. officials, academics and other experts on Korea, traveled to Seoul recently to meet President Lee Myung-bak and his top advisors. On April 14, in advance of the Washington visit of President Lee, members of the study group will make public their recommendations for updating and strengthening the U.S.-Korea alliance. Many of the experts, as well as full copies of their reports will be available at the event.

Sponsored by the New York-based Korea Society and Stanford's Shorenstein Asia-Pacific Research Center

Hosted by Don Oberdorfer, Chairman of the U.S.-Korea Institute at Johns Hopkins University

Rome Auditorium
Rome Building
1619 Massachusetts Ave.
NW, D.C.

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Former Shorenstein APARC Fellow
Michael_Armacost.jpg PhD

Michael Armacost (April 15, 1937 – March 8, 2025) was a Shorenstein APARC Fellow at the Walter H. Shorenstein Asia-Pacific Research Center (Shorenstein APARC) from 2002 through 2021. In the interval between 1995 and 2002, Armacost served as president of Washington, D.C.'s Brookings Institution, the nation's oldest think tank and a leader in research on politics, government, international affairs, economics, and public policy. Previously, during his twenty-four-year government career, Armacost served, among other positions, as undersecretary of state for political affairs and as ambassador to Japan and the Philippines.

Armacost began his career in academia, as a professor of government at Pomona College. In 1969, he was awarded a White House Fellowship and was assigned to the Secretary and Deputy Secretary of State. Following a stint on the State Department's policy planning and coordination staff, he became a special assistant to the U.S. ambassador in Tokyo from 1972 to 74, his first foreign diplomatic post. Thereafter, he held senior Asian affairs and international security posts in the State Department, the Defense Department, and the National Security Council. From 1982 to 1984, he served as U.S. ambassador to the Philippines and was a key force in helping the country undergo a nonviolent transition to democracy. In 1989, President George Bush tapped him to become ambassador to Japan, considered one of the most important and sensitive U.S. diplomatic posts abroad.

Armacost authored four books, including, Friends or Rivals? The Insider's Account of U.S.–Japan Relations (1996), which draws on his tenure as ambassador, and Ballots, Bullets, and Bargains: American Foreign Policy and Presidential Elections (2015). He also co-edited, with Daniel Okimoto, the Future of America's Alliances in Northeast Asia, published in 2004 by Shorenstein APARC. Armacost served on numerous corporate and nonprofit boards, including TRW, AFLAC, Applied Materials, USEC, Inc., Cargill, Inc., and Carleton College, and he currently chairs the board of The Asia Foundation.  

A native of Ohio, Armacost graduated from Carleton College and earned his master's and doctorate degrees in public law and government from Columbia University. He received the President's Distinguished Service Award, the Defense Department's Distinguished Civilian Service Award, the Secretary of State's Distinguished Services Award, and the Japanese government’s Grand Cordon of the Order of the Rising Sun.

Date Label
Michael H. Armacost Shorenstein Distinguished Fellow, Stanford University; former U.S. Ambassador to Japan and the Philippines Speaker
Robert Carlin Visiting Scholar, Stanford University Center for International Security and Cooperation Speaker
Don Oberdorfer Chairman of the U.S.-Korea Institute, Johns Hopkins University School of Advanced International Studies (SAIS) Speaker
Charles L. "Jack" Pritchard President of the Korea Economic Institute, former U.S. Ambassador and Special Envoy for negotiations with North Korea Speaker
Evans J.R. Revere President of The Korea Society, New York Speaker
Shorenstein APARC
Encina Hall E301
616 Jane Stanford Way
Stanford, CA 94305-6055
(650) 724-8480 (650) 723-6530
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Senior Fellow at the Freeman Spogli Institute for International Studies
Professor of Sociology
William J. Perry Professor of Contemporary Korea
Professor, by Courtesy, of East Asian Languages & Cultures
Gi-Wook Shin_0.jpg PhD

Gi-Wook Shin is the William J. Perry Professor of Contemporary Korea in the Department of Sociology, senior fellow at the Freeman Spogli Institute for International Studies, and the founding director of the Korea Program at the Walter H. Shorenstein Asia-Pacific Research Center (APARC) since 2001, all at Stanford University. In May 2024, Shin also launched the Taiwan Program at APARC. He served as director of APARC for two decades (2005-2025). As a historical-comparative and political sociologist, his research has concentrated on social movements, nationalism, development, democracy, migration, and international relations.

In Summer 2023, Shin launched the Stanford Next Asia Policy Lab (SNAPL), which is a new research initiative committed to addressing emergent social, cultural, economic, and political challenges in Asia. Across four research themes– “Talent Flows and Development,” “Nationalism and Racism,” “U.S.-Asia Relations,” and “Democratic Crisis and Reform”–the lab brings scholars and students to produce interdisciplinary, problem-oriented, policy-relevant, and comparative studies and publications. Shin’s latest book, The Four Talent Giants, a comparative study of talent strategies of Japan, Australia, China, and India to be published by Stanford University Press in the summer of 2025, is an outcome of SNAPL.

Shin is also the author/editor of twenty-seven books and numerous articles. His books include The Four Talent Giants: National Strategies for Human Resource Development Across Japan, Australia, China, and India (2025); Korean Democracy in Crisis: The Threat of Illiberalism, Populism, and Polarization (2022); The North Korean Conundrum: Balancing Human Rights and Nuclear Security (2021); Superficial Korea (2017); Divergent Memories: Opinion Leaders and the Asia-Pacific War (2016); Global Talent: Skilled Labor as Social Capital in Korea (2015); Criminality, Collaboration, and Reconciliation: Europe and Asia Confronts the Memory of World War II (2014); New Challenges for Maturing Democracies in Korea and Taiwan (2014); History Textbooks and the Wars in Asia: Divided Memories (2011); South Korean Social Movements: From Democracy to Civil Society (2011); One Alliance, Two Lenses: U.S.-Korea Relations in a New Era (2010); Cross Currents: Regionalism and Nationalism in Northeast Asia (2007);  and Ethnic Nationalism in Korea: Genealogy, Politics, and Legacy (2006). Due to the wide popularity of his publications, many have been translated and distributed to Korean audiences. His articles have appeared in academic and policy journals, including American Journal of Sociology, World Development, Comparative Studies in Society and History, Political Science Quarterly, Journal of Asian Studies, Comparative Education, International Sociology, Nations and Nationalism, Pacific Affairs, Asian Survey, Journal of Democracy, and Foreign Affairs.

Shin is not only the recipient of numerous grants and fellowships, but also continues to actively raise funds for Korean/Asian studies at Stanford. He gives frequent lectures and seminars on topics ranging from Korean nationalism and politics to Korea's foreign relations, historical reconciliation in Northeast Asia, and talent strategies. He serves on councils and advisory boards in the United States and South Korea and promotes policy dialogue between the two allies. He regularly writes op-eds and gives interviews to the media in both Korean and English.

Before joining Stanford in 2001, Shin taught at the University of Iowa (1991-94) and the University of California, Los Angeles (1994-2001). After receiving his BA from Yonsei University in Korea, he was awarded his MA and PhD from the University of Washington in 1991.

Director, Korea Program at the Walter H. Shorenstein Asia-Pacific Research Center (APARC)
Director, Stanford Next Asia Policy Lab at APARC
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Gi-Wook Shin Director of the Walter H. Shorenstein Asia-Pacific Research Center (Shorenstein APARC); Director of the Stanford Korean Studies Program Speaker
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In transitional economies, the scale of economic enterprise and the allocation of
property rights shape social structures and influence income distribution. In agrarian
economies, where labor-intensive family enterprises dominate, political officials' income
advantages decline rapidly relative to those of private entrepreneurs. Larger enterprises,
however, provide greater income opportunities for officials, especially when a
government retains an ownership stake in the initial phases of reform. This article
replicates the findings from an earlier study of rural China using comparable survey
data from Vietnam. We find that during the first two decades of rural market reform in
Vietnam and China, the scale and ownership of firms differed radically. Small family
enterprises dominated rural development in Vietnam, whereas China's development was dominated by larger firms, initially established by rural governments. Consequently,
while cadre income advantages have kept pace with those of private entrepreneurs in
China, they have declined rapidly in Vietnam.

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American Sociological Review
Authors
Andrew G. Walder
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Major economic reforms are often politically difficult.  They may cause pain to voters and provoke unrest.  They may be opposed by politicians whose time horizons are shortened by electoral cycles.  They may collide with the established ideology and long-standing practices of an entrenched ruling party.  They may be resisted by bureaucrats who fear change, and by vested interests with stakes in the status quo.  Obstacles to major economic reform can be daunting in democratic and autocratic polities alike. 

And yet, somehow, past leaders of today's Asian dragons did manage to get away with critical and creative economic reforms.  Sly political foxes nudged their countries onto high-growth paths toward global renown as economic dragons.  What lessons can be learned from their experiences?  Are tactics that worked in authoritarian systems applicable to democratic ones, and vice versa?  Can one identify a set of stratagems that would amount to an equivalent, for economic reformers, of the advice Machiavelli gave political princes? 

Arroyo will recount the crafty political maneuvers used by leaders of economic reform in Asia during these pivotal eras:  China under Deng Xiaoping; India in the 1990s; Thailand under General Prem Tinsulanonda; Vietnam's Doi Moi; South Korea under Park Chung Hee; Malaysia under Mahathir Mohamad; and Singapore under Lee Kuan Yew.  Arroyo's remarks will be drawn from the paper he has been writing at Stanford on "The Political Economy of Successful Reform: Asian Stratagems," which he describes as "a playbook of useful maneuvers for economic reformers."

Dennis Arroyo is presently on leave from his government post as a director of the National Economic and Development Authority (NEDA) of the Philippines.  He has held consultancies with the World Bank, the United Nations, and the survey research firm Social Weather Stations, and has written widely on socioeconomic topics.  His critique of the Philippine development plan won a mass media award for "best analysis."  He has degrees in economics from the University of the Philippines.  

Philippines Conference Room

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Shorenstein APARC/Asia Foundation Visiting Fellow
Dennis.jpg

Dennis Arroyo is a corporate affiliate visiting fellow at Shorenstein APARC for 2007-08. Prior to joining Shorenstein APARC, he worked as the Director of National Planning and Policy Staff at the National Economic and Development Authority in the Philippines. Arroyo also formerly worked as a consultant for the World Bank in Washington DC and the World Bank office in Manila. Arroyo has spent much of his career in survey research with Social Weather Stations (SWS), which is a prominent organization in the World Association for Public Opinion Research (WAPOR).

Date Label
Dennis Arroyo 2007-2008 Shorenstein APARC/Asia Foundation Visiting Fellow Speaker Shorenstein APARC
Seminars
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The UN and the Cambodian government have finally established a “hybrid-style” tribunal in Phnom Penh to begin prosecuting senior leaders from the genocidal Khmer Rouge regime that caused the deaths of 1.7 million Cambodians more than thirty years ago. This tribunal is widely viewed as one of the most important experiments in transitional justice in a post-conflict society. Prof. Hall will show, however, that the hybrid structure mixing international and local lawyers, judges, and staff is deeply flawed. Cambodia’s legal system is notoriously corrupt, inefficient, and politically controlled. Predictably, the UN-sponsored tribunal has been plagued by accusations of corruption, opacity, distrust, and woeful human resource management. Against this backdrop, the international lawyers and judges at the tribunal continue their up-hill battle to forge a venue that meets minimum international legal standards.

John A. Hall specializes in international law and human rights. His controversial 21 September 2007 op ed in the Wall Street Journal (“Yet Another U.N. Scandal”) helped focus international attention on corruption and mismanagement at the Khmer Rouge tribunal. In addition to writing widely on Cambodia, he has worked for Legal Aid of Cambodia in Phnom Penh and the Public Interest Law Center in the Philippines. He holds a doctorate in Modern History from Oxford University, graduated from Stanford Law School in 2000, and before going to law school was a tenured professor of history.

John Ciorciari is Senior Legal Advisor to the Documentation Center of Cambodia, a leading NGO dedicated to accountability for the abuses of the Khmer Rouge regime. He holds a JD from Harvard Law School and a PhD from Oxford University.

Daniel and Nancy Okimoto Conference Room

John Hall Associate Professor of Law and Director of the Center for Global Trade & Development Speaker Chapman University School of Law
John Ciorciari Discussant - 2007-2008 Shorenstein Fellow Commentator
Seminars
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During the Cold War, China was regarded in many corners of Southeast Asia as a sponsor of subversion and communist insurgency. Until the “four modernizations,” its anemic economy and limited ability to project power offered little incentive for Southeast Asian governments to cozy up to Beijing. Relations were often frosty or worse. Clearly, times have changed. Essentially all of the states in Southeast Asia have robust diplomatic and economic engagements with the PRC. Yet security concerns have not evaporated. Most Southeast Asian governments now embrace China, but “hedge” by setting up fall-back security options with the United States and other partners in case the PRC becomes more menacing.

This seminar will explore some of the nuances in Southeast Asian “hedging” strategies. How do various governments view China’s intentions and capabilities? How have they variously sought to engage the United States and others to gain and retain security without antagonizing Beijing? How do these strategies relate to multilateral diplomacy in ASEAN and related forums, and how do they affect the overall “balance of power” in the Asia-Pacific region? Lastly, what pitfalls might hedging entail? These questions are critical, because the reaction of Southeast Asian states to China’s rise will have a major effect on the shape and stability of regional security for years to come.

John D. Ciorciari is a 2007-08 Shorenstein Fellow and is currently completing a manuscript entitled Hedging: Southeast Asian Alignments with the Great Powers since the Fall of Saigon.  He has extensive work experience in Southeast Asia, both as an academic and as a U.S. government official.  He also served as a Visiting Fellow at the Institute of Defence and Strategic Studies in Singapore in 2003-04.  He holds a JD from Harvard Law School and DPhil from the University of Oxford.

Daniel and Nancy Okimoto Conference Room

John Ciorciari 2007-2008 Shorenstein Fellow Speaker
Seminars
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Shorenstein APARC is pleased to announce the winners of the 2008-09 Shorenstein Fellowship. Christian von Luebke and Li Han will join the center in fall 2008, each for a one-year term.

Dr. von Luebke completed his Ph.D. in 2007 in policy and governance at the Crawford School of Economics and Government, the Australian National University. He also holds a masters in Economics and a B.A. in Business and Political Science from Muenster University. He is currently working on a book that analyzes the determinants for local policy variation in Post-Suharto Indonesia. During his stay at the center, he will extend his work on local governance to other Asian transition countries, in particular China and the Philippines.

Li Han is currently a Ph.D. candidate at Harvard University. She expects to receive her Ph.D. in economics in June 2008. She also holds an M.A. in economics from Peking University and a B.A. from Xi'an Jiaotong University in China.

Li Han's primary fields are development economics and political economy. She is particularly interested in political incentives in nondemocracies and public policy issues in developing countries. She is currently working on a project that analyzes the link between economic liberalization and autocracies.

APARC looks forward to their arrival in the fall.

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