After his secret meeting with President Xi Jinping of China in March, North Korea’s Kim Jong-un is set to meet with President Moon Jae-in of South Korea on April 27 at Peace House, south of the military demarcation line. This would make Kim Jong-un the first North Korean leader to set foot in South Korea since the Korean War. A panel of Korea experts will engage in discussion about outcomes and implications of this historic summit.

Panelists:

Gi-Wook Shin, Director of Shorenstein APARC; Senior Fellow at FSI; Professor of Sociology, Stanford University

Kathleen Stephens, William J. Perry Fellow at Shorenstein APARC; former U.S. Ambassador to South Korea

Philip Yun, Executive Director and Chief Operation Officer of Ploughshares Fund; former vice president at The Asia Foundation

Yong Suk Lee (moderator), Deputy Director of Korea Program, Shorenstein APARC; SK Center Fellow at FSI, Stanford University

Modern-day markets do not arise spontaneously or evolve naturally. Rather they are crafted by individuals, firms, and most of all, by governments. Thus "marketcraft" represents a core function of government comparable to statecraft and requires considerable artistry to govern markets effectively. Just as real-world statecraft can be masterful or muddled, so it is with marketcraft. 

In his new book, Steven Vogel builds his argument upon the recognition that all markets are crafted then systematically explores the implications for analysis and policy. In modern societies, there is no such thing as a free market. Markets are institutions, and contemporary markets are all heavily regulated. The "free market revolution" that began in the 1980s did not see a deregulation of markets, but rather a re-regulation. Vogel looks at a wide range of policy issues to support this concept, focusing in particular on the US and Japan. He examines how the US, the "freest" market economy, is actually among the most heavily regulated advanced economies, while Japan's effort to liberalize its economy counterintuitively expanded the government's role in practice. 

Marketcraft demonstrates that market institutions need government to function, and in increasingly complex economies, governance itself must feature equally complex policy tools if it is to meet the task. In our era-and despite what anti-government ideologues contend-governmental officials, regardless of party affiliation, should be trained in marketcraft just as much as in statecraft.

SPEAKER

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Steven K. Vogel, Il Han New Professor of Asian Studies and a Professor of Political Science at the University of California, Berkeley

BIO

Steven K. Vogel is the Il Han New Professor of Asian Studies and a Professor of Political Science at the University of California, Berkeley. He specializes in the political economy of the advanced industrialized nations, especially Japan. He recently completed a book, entitled Marketcraft: How Governments Make Markets Work (Oxford, 2018), which argues that markets do not arise spontaneously but rather are crafted by individuals, firms, and most of all by governments.  Thus “marketcraft” represents a core function of government comparable to statecraft.  The book systematically reviews the implications of this argument, critiquing prevalent schools of thought and presenting lessons for policy.  Vogel is also the author of Japan Remodeled: How Government and Industry Are Reforming Japanese Capitalism (Cornell, 2006) and co-editor (with Naazneen Barma) of The Political Economy Reader: Markets as Institutions (Routledge, 2008). His first book, Freer Markets, More Rules: Regulatory Reform in Advanced Industrial Countries  (Cornell, 1996), won the Masayoshi Ohira Memorial Prize. He edited his mother’s book, Suzanne Hall Vogel, The Japanese Family in Transition: From the Professional Housewife Ideal to the Dilemmas of Choice(Rowman & Littlefield, 2013), and a volume on U.S.-Japan Relations in a Changing World(Brookings, 2002).  He won the Northern California Association of Phi Beta Kappa Teaching Excellence Award in 2002, and the UC Berkeley Faculty Award for Outstanding Mentorship of Graduate Student Instructors in 2005.  He has been a columnist for Newsweek-Japan and the Asahi Shimbun, and he has written extensively for the popular press.  He has worked as a reporter for the Japan Times in Tokyo and as a freelance journalist in France. He has taught previously at the University of California, Irvine and Harvard University. He has a B.A. from Princeton University and a Ph.D. in Political Science from the University of California, Berkeley.

NOTE: Seminar room changed to Oksenberg Conference Room

Encina Hall, 3rd floor 

This is an APARC-CISAC joint event.

With all eyes on the upcoming Inter-Korean Summit and the planned Kim-Trump Summit, it is important to have a comprehensive understanding of how the North’s nuclear program evolved and the effects of diplomacy and other governmental actions had on its development.

About the speakers:

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Siegfried S. Hecker is a professor emeritus (research) in the Department of Management Science and Engineering and a senior fellow emeritus at the Freeman Spogli Institute for International Studies (FSI). He was co-director of the Center for International Security and Cooperation (CISAC) from 2007-2012. From 1986 to 1997, he served as the fifth Director of the Los Alamos National Laboratory. Hecker is an internationally recognized expert in plutonium science, global threat reduction, and nuclear security.

Hecker’s current research interests include plutonium science, nuclear weapons policy, nuclear security, and the safe and secure expansion of nuclear energy. Over the past 25 years, he has fostered cooperation with the Russian nuclear laboratories to secure and safeguard the vast stockpile of ex-Soviet fissile materials.

Hecker’s research projects at CISAC focus on reducing the risks of nuclear terrorism worldwide and the challenges of nuclear India, North Korea, Pakistan, and the nuclear aspirations of Iran. In June 2016, the Los Alamos Historical Society published two volumes edited by Dr. Hecker. The works, titled Doomed to Cooperate, document the history of Russian-U.S. laboratory-to-laboratory cooperation since 1992.

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Robert L. Carlin is a Visiting Scholar at CISAC with a forty-plus year history of working on North Korea issues. From both in and out of government, he has been following North Korea since 1974 and has made numerous trips there.

Carlin served as senior policy advisor at the Korean Peninsula Energy Development Organization (KEDO) from 2002-2006, leading numerous delegations to the North for talks and observing developments in-country during the long trips that entailed.

From 1989-2002, Carlin was chief of the Northeast Asia Division in the Bureau of Intelligence and Research, U.S. Department of State. During much of that period, he also served as Senior Policy Advisor to the Special Ambassador for talks with North Korea, and took part in all phases of US-DPRK negotiations from 1992-2000. From 1971-1989, Carlin was an analyst at the Central Intelligence Agency, where he received the Exceptional Analyst Award from the Director of Central Intelligence. 

The 10th Annual Koret Workshop

The aim of this year's workshop is to assess the current situation surrounding North Korea, and to examine all possible options for dealing with North Korea, from military intervention, containment, or sanctions to diplomatic engagement.

The annual Koret Workshop is made possible through the generous support of the Koret Foundation.

Over the past year North Korean nuclear technology and delivery capabilities have advanced exponentially, until they are now believed to be within striking range of anywhere in the United States. The US administration has sought to counter this threat with a policy of maximum pressure combined with engagement—both options attracting fierce misgivings across the political spectrum. How did we get here? And what is the best way to reduce tension and prevent the spread of nuclear weapons?

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Ambassador Yun is recognized as one of the nation’s leading experts on relations with North Korea, as well as on broader US-East Asian policy. His 33-year diplomatic career has been marked by his commitment to face-to-face engagement as the best avenue for resolving conflict and advancing cross-border cooperation. As Special Envoy on North Korea from 2016 to 2018, he led the State Department’s efforts to align regional powers behind a united policy to denuclearize North Korea. He was instrumental in reopening the “New York channel,” a direct communication line with officials from Pyongyang, through which he was able to secure the release of the American student, Otto Warmbier, who had been held in captivity for 15 months.

As Principal Deputy Assistant Secretary for East Asian and Pacific Affairs (2011-2013), he helped to bring about the diplomatic normalization of American relations with Myanmar, traveling to Rangoon as the first US-based government official to meet with Burmese democracy leader Aung San Suu Kyi following her release from house arrest. He also worked to lay the foundation for official participation by the President of the United States in the annual East Asian Summit, starting from 2011.

Previous assignments include Deputy Assistant Secretary for Southeast Asian Policy, Counselor for Political Affairs in the US Embassy in Seoul, Economic Counselor in the US Embassy in Bangkok, as well as earlier assignments in South Korea, Indonesia, Hong Kong, and France. He has received a Presidential Meritorious Service Award, four Superior Honors Awards, and nine Foreign Service Performance Awards from the US State Department.