Stanford University

International Relations

FSI researchers strive to understand how countries relate to one another, and what policies are needed to achieve global stability and prosperity. International relations experts focus on the challenging U.S.-Russian relationship, the alliance between the U.S. and Japan and the limitations of America’s counterinsurgency strategy in Afghanistan.

Foreign aid is also examined by scholars trying to understand whether money earmarked for health improvements reaches those who need it most. And FSI’s Walter H. Shorenstein Asia-Pacific Research Center has published on the need for strong South Korean leadership in dealing with its northern neighbor.

FSI researchers also look at the citizens who drive international relations, studying the effects of migration and how borders shape people’s lives. Meanwhile FSI students are very much involved in this area, working with the United Nations in Ethiopia to rethink refugee communities.

Trade is also a key component of international relations, with FSI approaching the topic from a slew of angles and states. The economy of trade is rife for study, with an APARC event on the implications of more open trade policies in Japan, and FSI researchers making sense of who would benefit from a free trade zone between the European Union and the United States.

Digital Media as a Catalyst for Political, Cultural, and Economic Change in the Asia-Pacific Region

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The digital information technology (IT) revolution currently underway is profoundly reshap- ing economic activity, influencing politics, and transforming societies around the world. It is also forcing a reconceptualization of the global and local: many of the technologies, platforms, and fundamental disruptions are global in nature, but national or local contexts critically influence the uses and effects of IT.

The Asia-Pacific region provides a fascinating array of countries for examination of the political, economic, and sociocultural effects of digital media on the modern world. Economies range from developing to advanced. Governments include varied democracies as well as one-party regimes. The press enjoys relative freedom in some countries, undergoes limited constraints in others, and is tightly controlled in a few. Populations range from dense to sparse, and from diverse to relatively homogenous.

Held September 12–13, 2013, in Kyoto, Japan, the fifth Stanford Kyoto Trans-Asian Dialogue focused on the catalyzing effects of digital media for change in the Asia-Pacific. Four major themes were addressed:

  1. Digital Media versus Traditional Media
  2. Digital Media and Political Change in Asia
  3. Social Change and Economic Transformation
  4. Digital Media and International Relations
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Shorenstein Asia-Pacific Research Center

Management Turnover During Private Restructurings: Evidence from Japan

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Historically, in Japan, out-of-court corporate restructurings have played a significant role in disciplining managers in the near-absence of hostile takeover activity and shareholder activism. This paper analyzes management turnover in a large sample of Japanese firms that underwent restructurings between 1981 and 2010. I find that restructurings that happen in later stages of financial distress, and those that are not initiated by the firm itself, are more likely to involve management turnover, as are restructurings in which the firm's main business operations are left intact. Furthermore, in restructurings after the reforms around the year 2000, management turnover is more likely to occur if the local potential managerial labor market is substantial. After controlling for firm characteristics and the firm's initial financial condition, it does not appear that management turnover is associated with an improvement in post-restructuring operating performance--in fact, the effect is significantly negative by estimates that address the non-random nature of management turnover. However, for restructurings led by equity funds, management turnover is associated with a more successful turnaround of the firm's performance. These results suggest that equity funds possess the ability to locate and recruit talented outside managers in a thin market for experienced managers.

 

Michael Furchtgott is an economist interested in corporate finance and governance. His current research investigates Japanese corporate restructurings and the behavior of firms and lenders when financial distress arises.

Furchtgott has completed his PhD in economics at the University of California, San Diego, where his research on corporate financial restatements has demonstrated that firms frequently circumvent laws designed to protect investors.

He holds a BA in economics and mathematics from Columbia University.

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Michael Furchtgott

Shorenstein APARC
Encina Hall C331
616 Serra Street
Stanford, CA 94304-6055

(650) 724-9747 (650) 723-6530
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Shorenstein Postdoctoral Fellow in Contemporary Asia
FURGHOTT,_Michael_3x4.jpg PhD

Michael Furchtgott is an economist interested in corporate finance and governance. His current research investigates Japanese corporate restructurings and the behavior of firms and lenders when financial distress arises.

Furchtgott has completed his PhD in economics at the University of California, San Diego, where his research on corporate financial restatements has demonstrated that firms frequently circumvent laws designed to protect investors.

He holds a BA in economics and mathematics from Columbia University.

Michael Furchtgott Postdoctoral Fellow in Contemporary Asia Speaker Shorenstein APARC
Seminars

Does Decentralization Lessen or Worsen Poverty? Evidence from Post-‘Big Bang’ Indonesia

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Co-sponsored by the Stanford Center for International Development

Under what conditions is decentralization most likely to foster development and reduce poverty?  Plausible answers include:  a sufficiently committed central government; local checks against corruption; and sufficiently resourced actors able to deliver public services effectively. Indonesia is a good place to explore the explanatory power of these and other propositions, thanks to the country’s diverse local conditions and the rapid and sweeping (“Big Bang”) decentralization that it underwent in the late 1990s.  In his disaggregation of the Indonesian case since then, Dr. Sumarto will examine whether, how, and why poverty alleviation has been helped or hurt by particular economic, social, and political variations in the context and character of local governments across the archipelago.

Sudarno Sumarto was an Asia Foundation Visiting Fellow at APARC in 2009-2010.  In 2001-2009 he was the director of SMERU, a highly regarded independent institute for research and public policy studies in Jakarta.  He has served as a consulting economist for the World Bank, the Asian Development Bank, among other organizations, and has taught in Indonesia’s leading universities. His latest publication is Explaining Regional Heterogeneity of Poverty:  Evidence from Decentralized Indonesia (co-authored, 2013).  Earlier titles include more than sixty co-authored books, working papers, articles, chapters, and reports on topics such as poverty, decentralization, employment, vulnerability, and economic growth.  His degrees in economics include a PhD and an MA from Vanderbilt University and a BSc from Satya Wacana Christian University (Salatiga).

Lunch will be served.

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Sudarno Sumarto

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Shorenstein APARC/Asia Foundation Visiting Fellow
652666552_jnP6G-L-1.jpg MA, PhD

Sudarno Sumarto is the Shorenstein APARC / Asia Foundation fellow for 2009-10.  He has a PhD and an MA from Vanderbilt University and a BS from Satya Wacana Christian University (Salatiga), all in economics.  Prior to joining Shorenstein APARC he was the director of SMERU for nearly 10 years. SMERU is an independent institution for research and public policy studies which professionally and proactively provides accurate and timely information, as well as objective analysis on various socioeconomic and poverty issues considered most urgent and relevant for the people of Indonesia. The institute has been at the forefront of the research effort to highlight the impact of government programs and policies, and has actively published and reported its research findings. The work expanded to include other areas of applied and economic research that are of fundamental importance to contemporary development issues. He was also a lecturer at Bogor Institute of Agriculture (IPB), Bogor, Indonesia.

Sumarto has contributed to more than sixty co-authored articles, chapters, reports, and working papers, including "Agricultural Growth and Poverty Reduction in Indonesia," in Beyond Food Production (2007); "Reducing Unemployment in Indonesia," SMERU Working Paper, 2007; "Improving Student Performance in Public Primary Schools in Developing Countries:  Evidence from Indonesia," Education Economics, December 2006; and “The Effects of Location and Sectoral Components of Economic Growth on Poverty: Evidence from Indonesia.” Journal of Development Economics, 89(1), pp. 109-117, May 2009.  As well as conducting research and writing papers, Sumarto has worked closely with the Indonesian government, giving advice on poverty issues and government poverty alleviation programs.

Sumarto has spoken on poverty and development issues in Australia, Chile, Peru, China, Egypt, Ethiopia, France, Japan, Morocco, Thailand, and the United Kingdom, among other countries.

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Powerful Patriots: China's Management of Anti-Japanese Protest, 1985-2012

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China and Japan have entered a dangerous standoff in the East China Sea. As China launched a series of unprecedented maritime patrols, anti-Japan protests erupted in more than 200 Chinese cities to condemn Japan's nationalization of the Senkaku/Diaoyu islands. What missed signals and domestic political pressures led to this crisis? Why did Chinese authorities tolerate widespread anti-Japanese protests in 2012 after restraining protests in earlier crises, including the 2010 dispute over a Chinese fishing captain's arrest? Drawing on material from her forthcoming book, Powerful Patriots: Nationalist Protest in China's Foreign Relations (Oxford University Press, Summer 2014), Professor Jessica Chen Weiss will trace China's management of anti-Japan protest from 1985 to 2012, discussing the role of nationalism and public opinion in Chinese foreign policy.

Jessica Chen Weiss is Assistant Professor of Political Science at Yale University and Research Fellow at the MacMillan Center for International and Area Studies. Her research interests include Chinese politics and international relations, nationalism, and social protest. Her book, Powerful Patriots: Nationalist Protest in China's Foreign Relations, is forthcoming with Oxford University Press (Summer 2014). The dissertation on which it is based won the 2009 American Political Science Association Helen Dwight Reid Award for best dissertation in
international relations, law and politics. Her research has appeared in International Organization and has been supported by the National Science Foundation, Princeton-Harvard China  & The World Program, Bradley Foundation, Fulbright-Hays program, and the University of California Institute on Global Conflict and Cooperation. Before joining the Yale faculty, she founded FACES, the Forum for American/Chinese Exchange at Stanford, while an undergraduate at Stanford (B.A., 2003). She teaches courses on Chinese foreign relations, state-society relations in post-Mao China, and anti-Americanism in world politics.

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Jessica Chen Weiss Assistant Professor of Political Science at Yale University and Research Fellow at the MacMillan Center for International and Area Studies Speaker
Seminars
Sino-Japanese Rivalry Seminar Series
Contemporary Asia Seminar Series
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Encounter 2013: An Evening with Korean Authors Kim In-suk and Kang Yŏng-suk

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The Korea Colloquium on History and Culture

 

Authors Kim In-suk and Kang Yŏng-suk and translator Bruce Fulton will appear at several American universities in November 2013 for a series of bilingual readings and discussions.  The tour begins at Stanford University and also includes literary events at Claremont McKenna College, the University of Wisconsin, and Brigham Young University, and in New York City.  During these visits the American reading public will have the opportunity to meet two of contemporary Korea’s most prominent fiction writers, hear samples of their works read in Korean and in English translation, engage in a dialog with the writers, and purchase copies of the authors’ works in translation.
 
Kim In-suk (김인숙) was born in 1963 in Seoul and studied journalism at Yonsei University.  A published writer at the age of 19, she issued her first story collection, Bloodline, in 1983, and her first novel, Flowers of Fire, in 1985.  She is the recipient of the 2003 Yi Sang Literature Prize for “Sea and Butterfly,” and the 2005 Hanguk ilbo Literature Prize for The Long Road, one of the very few Korean fictional works involving the Korean diasporic experience in Australia. Today, building on a three-decade career in letters, she is one of Korea’s senior writers, but an author whose literary sensibility and wide-ranging world view belie her age. Her most recent works are the story collection So Long, Elena, for which she received the 2009 Tongin Literature Prize; the historical novel Sohyŏn (2010); and the novel Could You Lose Your Mind? (2011), which conflates natural and human disaster.  She is represented in English in Koreana; the novella The Long Road (2010), the anthology Reading Korea: 12 Contemporary Stories (2008), and in an ASIA Bilingual Edition of her story “Stab.”.
 
Kang Yŏng-suk (강영숙) was born in 1966 in Ch’unch’ŏn, Kangwŏn Province, and studied creative writing at the Seoul Institute of the Arts.  Since her debut in 1998 she has issued half a dozen story collections and novels and garnered several literary awards, including the 2006 Hanguk ilbo Literature Prize for her first novel, Rina, and the 2011 Kim Yu-jŏng Literature Prize.  In 2009 she took part in the University of Iowa International Writing Program.  Her 2011 story collection The Night He Lifts Weights, honored with a Book-of-the-Year award from the Korean Library Association, is strongly colored by urban noir, the stories set in locales within and without Korea.  She is represented in English translation in Azalea 4.
 
Bruce Fulton is the co-translator, with Ju-Chan Fulton, of numerous volumes of modern Korean fiction, including the award-winning women’s anthologies Words of Farewell: Stories by Korean Women Writers (Seal Press, 1989) and Wayfarer: New Writing by Korean Women (Women in Translation, 1997), and with Marshall R. Pihl, Land of Exile: Contemporary Korean Fiction, rev. and exp. ed. (M.E. Sharpe, 2007).  The Fultons’ most recent translations are River of Fire: Stories by O Chŏnghŭi (Columbia University Press, 2012) and How in Heaven’s Name: A Novel of World War II by Cho Chŏngnae (MerwinAsia 2012).  The Fultons have received several awards and fellowships for their translations, including a National Endowment for the Arts Translation Fellowship, the first ever given for a translation from the Korean; and a residency at the Banff International Literary Translation Centre, the first ever awarded to translators from any Asian language.  Bruce Fulton is the inaugural holder of the Young-Bin Min Chair in Korean Literature and Literary Translation, Department of Asian Studies, University of British Columbia.
 
The International Communication Foundation (ICF), primary sponsor of Encounter 2013, was inaugurated in April 1982 as a non-profit foundation under the Ministry of Culture and Public Information. The ICF contributes to globalization through promotion of international exchange while supporting research and publication activities that introduce Korean culture to the world.  Since 1997 it has offered Korean Literature Translation Fellowships to graduate students translating from Korean into English, Russian, and Chinese.  ICF endowments created the Young-Bin Min Chair in Korean Literature and Literary Translation at the University of British Columbia and the Sunshik Min Fund at Harvard University for the translation and publication of Korean literature.  Since 1999 the ICF has provided major funding for annual author tours of North America, introducing many of contemporary Korea’s most important fiction writers to North American readers.
 

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Kim In-suk author Speaker
Kang Yŏng-suk author Speaker
Bruce Fulton translator Speaker
Lectures
The Korea Colloquium on History and Culture

Why Do Parents Abort Girls? Patrilocality and Its Historical Origin

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Co-sponsored by the Stanford Center for International Development

Recent scholarship has documented an alarming increase in the sex ratio at birth in parts of East Asia, South Asia and the Caucuses. In this paper, I argue that parents in these regions engage in sex selection because of patrilocal norms that dictate elderly coresidence between parents and sons. Sex ratios and coresidence rates are positively correlated when looking across countries, within countries across districts, and within districts across ethnic groups. The paper then examines the roots of patrilocality and biased sex ratios using the Ethnographic Atlas (Murdock 1965). I find that ethnic groups in areas with land conducive to intensive agriculture have stronger patrilocal norms, higher modern coresidence rates, and higher sex ratios at birth. The paper concludes with an examination of the expansion to old age support in South Korea. Consistent with the paper’s argument, I find that the program was associated with a normalization in the sex ratio at birth.

Avi Ebenstein received his Ph.D. in economics from the University of California, Berkeley in 2007 is a Lecturer at the Hebrew University of Jerusalem in the Department of Economics. His fields of interest include environmental economics, economic demography, and international trade. Avi's past research has focused primarily on issues related to  China, including the health impacts of air and water pollution, causes and consequences for the country’s high sex ratio at birth, internal migration, and the impact of China’s entry into the global economy on wage patterns domestically and in the United States. He is currently a Visiting Research Scholar at the Center for Health and Wellbeing at Princeton University.

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Avraham Ebenstein Lecturer Speaker The Hebrew University of Jerusalem in the Department of Economics
Seminars

China’s Political System

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This talk is presented by the Greater China Business Club (GCBC) of Stanford Graduate School of Business and the Association of Chinese Students and Scholars at Stanford (ACSSS). 

In July 2013, a Ted Talk “A tale of two political systems” was posted, and was instantly viewed millions of times around the world. In the talk, Mr. Eric X. Li, a venture capitalist and a political scientist argued that the universality claim of Western democratic systems was going to be "morally challenged" by China.  

Do you agree? What do you think? Now you have the opportunity to discuss with Mr. Li face to face!

On Nov.6, Mr. Li will come to Stanford and talk with Professor Thomas Fingar on China’s Political System, its status, development, competitiveness and so on. Watch the Ted Talk and come to the event. We look forward to seeing you there!

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Eric X. Li is a political scientist and an active participant in the intellectual discourses on the re-emergence of China as a great power and its impact on the world.  His writings on comparative political governance and international relations have been widely published in leading publications such as the New York Times, Foreign Affairs, Financial Times, and Huffington Post.  His most recent publications, The Life of the Party (Foreign Affairs, January/February, http://www.foreignaffairs.com/articles/138476/eric-x-li/the-life-of-the-party), Warring States (http://www.theasanforum.org/warring-states-the-coming-new-world-disorder/) and his talk at TED Global 2013 (http://www.ted.com/talks/eric_x_li_a_tale_of_two_political_systems.html), have generated active debates around the globe.

Mr. Li is a native of Shanghai.  He received his B.A. in Economics from University of California, Berkeley, M.B.A. from Stanford Business School, and PhD from Fudan University’s School of International Relations and Public Affairs.

Thomas Fingar is the inaugural Oksenberg-Rohlen Distinguished Fellow in the Freeman Spogli Institute for International Studies at Stanford University. He was the Payne Distinguished Lecturer at Stanford during January to December 2009. 

From May 2005 through December 2008, he served as the first deputy director of national intelligence for analysis and, concurrently, as chairman of the National Intelligence Council. He served previously as assistant secretary of the State Department’s Bureau of Intelligence and Research (2004–2005), principal deputy assistant secretary (2001–2003), deputy assistant secretary for analysis (1994–2000), director of the Office of Analysis for East Asia and the Pacific (1989–1994), and chief of the China Division (1986–1989). Between 1975 and 1986 he held a number of positions at Stanford University, including senior research associate in the Center for International Security and Arms Control.

Fingar is a graduate of Cornell University (AB in government and history, 1968), and Stanford University (MA, 1969 and PhD, 1977 both in political science). His most recent book is Reducing Uncertainty: Intelligence Analysis and National Security (Stanford University Press, 2011).

Room 380W, Building 380, Main Quad
Stanford University

Eric X. Li Founding and Managing Partner Speaker Chengwei Capital

Thomas Fingar

Freeman Spogli Institute for International Studies
Stanford University
Encina Hall, C-327
Stanford, CA 94305-6055

(650) 723-9149 (650) 723-6530
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Shorenstein APARC Fellow
Affiliated Scholar at the Stanford Center on China's Economy and Institutions
tom_fingar_vert.jpg PhD

Thomas Fingar is a Shorenstein APARC Fellow in the Freeman Spogli Institute for International Studies at Stanford University. He was the inaugural Oksenberg-Rohlen Distinguished Fellow from 2010 through 2015 and the Payne Distinguished Lecturer at Stanford in 2009.

From 2005 through 2008, he served as the first deputy director of national intelligence for analysis and, concurrently, as chairman of the National Intelligence Council. Fingar served previously as assistant secretary of the State Department’s Bureau of Intelligence and Research (2000-01 and 2004-05), principal deputy assistant secretary (2001-03), deputy assistant secretary for analysis (1994-2000), director of the Office of Analysis for East Asia and the Pacific (1989-94), and chief of the China Division (1986-89). Between 1975 and 1986 he held a number of positions at Stanford University, including senior research associate in the Center for International Security and Arms Control.

Fingar is a graduate of Cornell University (A.B. in Government and History, 1968), and Stanford University (M.A., 1969 and Ph.D., 1977 both in political science). His most recent books are From Mandate to Blueprint: Lessons from Intelligence Reform (Stanford University Press, 2021), Reducing Uncertainty: Intelligence Analysis and National Security (Stanford University Press, 2011), The New Great Game: China and South and Central Asia in the Era of Reform, editor (Stanford University Press, 2016), Uneasy Partnerships: China and Japan, the Koreas, and Russia in the Era of Reform (Stanford, 2017), and Fateful Decisions: Choices that will Shape China’s Future, co-edited with Jean Oi (Stanford, 2020). His most recent article is, "The Role of Intelligence in Countering Illicit Nuclear-Related Procurement,” in Matthew Bunn, Martin B. Malin, William C. Potter, and Leonard S Spector, eds., Preventing Black Market Trade in Nuclear Technology (Cambridge, 2018)."

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Lectures

The Stabilizing State: State Capitalism as a Response to Financial Globalization in East Asia

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One of the most important developments in the modern global economy is financial globalization. This has raised threats to the stability of political regimes in two ways: (1) by enhancing the possibility of a financial crisis that could cause political turmoil; and (2) by easing access to foreign sources of financing for opposition political groups. I argue that state capitalism – defined as state-owned publicly listed corporations -- has risen disproportionately among single party regimes as a way to address these dual threats. Single party regimes have both the motivation and a greater institutional capacity for addressing these threats in comparison to other regimes. Tests are conducted on 607 firms in 1996 and 856 firms in 2008 across seven East Asian economies, and are supplemented with case studies of Malaysia and South Korea.  The evidence suggests that financial globalization is contributing to the rise of the state as a counter reaction.

Richard W. Carney is a Fellow in the Department of International Relations located in the College of Asia and the Pacific at the Australian National University. His research and teaching are in the areas of international and comparative political economy with a focus on corporate governance and finance in East Asia. He has published articles in many academic journals including the Journal of Financial Economics, the Journal of East Asian Studies, and Business and Politics. He is also the author of the book Contested Capitalism: The Political Origins of Financial Institutions, and editor of the book Lessons from the Asian Financial Crisis. He was a Jean Monnet Fellow at the European University Institute in Fiesole, Italy (2003-04), and has held visiting positions at INSEAD. He holds a Ph.D. in Political Science (UCSD 2003). Before joining the ANU in 2011, he was an Assistant Professor in Singapore.

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Richard W. Carney Fellow, Department of International Relations Speaker Australian National University
Seminars

Toward a More Open Japan? TPP, RCEP, and Abenomics

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Prime Minister Abe's economic policy, called Abenomics, places policies to open up Japan as a key component.  The government argues that reducing the barriers for international trade and capital flows will revitalize the Japanese economy and restore the growth in Japan.  At the core of the opening up policy are efforts to establish free trade agreements (FTAs) with major trading partners.  Japan joined the negotiation for TPP (Trans-Pacific Partnership), which includes the U.S., Japan's second largest trading partner, in July this year.  Japan has also started negotiation for RCEP (Regional Comprehensive Economic Partnership), which includes China, Japan's largest trading partner.  Will these efforts really succeed in making the Japanese economy more open?  Do they lead to the recovery of Japan from two decades of stagnation?  Experts from both sides of the Pacific discuss these issues.

 

Participants:

Glen S.

Fukushima is Senior Fellow at the Center for American Progress, a prominent public policy think tank headquartered in Washington, D.C.  From 1990 to 2012, Mr. Fukushima was based in Tokyo as a senior executive with one European and four American multinational corporations: Vice President, AT&T Japan Ltd.; President, Arthur D. Little Japan; President & CEO, Cadence Design Systems Japan; President & CEO, NCR Japan; and President & CEO, Airbus Japan.  Before embarking on his business career in 1990, he was based in Washington, D.C. as Director for Japanese Affairs (1985-1988) and Deputy Assistant United States Trade Representative for Japan and China (1988-1990) at the Office of the United States Trade Representative (USTR), Executive Office of the President.  Mr. Fukushima served two terms as President of the American Chamber of Commerce in Japan, 1998-1999, and Vice President, 1993-1997.  A native of California, Mr. Fukushima was educated at Deep Springs College, Stanford University, Harvard University Graduate School of Arts and Sciences, Harvard Business School, and Harvard Law School. At Harvard, he was awarded a National Science Foundation Fellowship. He has studied and worked in Japan for over 25 years, including at Keio University, a daily newspaper, an international law firm, and as a Fulbright Fellow and a Japan Foundation Fellow at the Faculty of Law, University of Tokyo.

 

Hideichi Okada joins the Walter H. Shorenstein Asia-Pacific Research Center (Shorenstein APARC) from September, 2013 until March, 2014 as Sasakawa Peace Fellow with the Japan Studies Program (JSP).  His research interests encompass energy policies and trade policies in the context of possible cooperation between Japan and the U.S. During his time at Shorenstein APARC, Okada will be working to launch New Dialogue Program for future cooperation on various areas between Japan and the U.S., and other Asia Pacific countries.  Okada served as Vice Minister for International Affairs, Ministry of Economy, Trade and Industry (METI) from 2010 to 2012, where he promoted international trade and investment, and expanded industrial cooperation with various countries. He also served as Director General of Trade Policy Bureau (2008-2010) and Director General of Commerce and Information Policy Bureau of METI (2007-2008). He worked for Prime Minister Junichiro Koizumi as his executive assistant, where he dealt with policies on economy, industry, energy, science and technology, and environment, and with public relations (2001-2006). He was a professor at GRIPS (2006-2007) and a visiting scholar at Harvard Law School and IR/PS, University of California, San Diego in 2007.  Okada was born in Tokyo in 1951. He received LL.M. degree from Harvard Law School (1981) and graduated from the University of Tokyo with a LL.B. (1976). Currently, he is Senior Advisor, NTT Data Institute of Management and Consulting.

 

Phillip Lipscy is a center fellow at the Freeman Spogli Institute for International Studies and an assistant professor of political science at Stanford University. His fields of research include Japanese politics, U.S.-Japan relations, international and comparative political economy, international security, and regional cooperation in East and Southeast Asia.  Lipscy is an expert on bargaining over unbalanced representation in international organizations such as the United Nations Security Council, International Monetary Fund, and World Bank. His existing work addresses a wide range of topics such as the use of secrecy in international policy making, the effect of domestic politics on trade, and Japanese responses to the Asian Financial Crisis. His most recent research examines the political and economic factors that facilitate energy-efficient policymaking.  Lipscy obtained his PhD in political science at Harvard University. He received his MA in international policy studies and BA in economics and political science at Stanford University.  Lipscy has been affiliated with the Reischauer Institute of Japanese Studies and Weatherhead Center for International Affairs at Harvard University, the Institute for Global and International Studies at George Washington University, the RAND Corporation, and the Institute for International Policy Studies in Tokyo.

 

Takeo Hoshi is the Henri and Tomoye Takahashi Senior Fellow at the Walter H. Shorenstein Asia-Pacific Research Center at Stanford University, and professor of finance (by courtesy), Stanford Graduate School of Business. Prior to joining S/APARC, he was Pacific Economic Cooperation Professor in International Economic Relations at the Graduate School of International Relations and Pacific Studies (IR/PS) at the University of California, San Diego (UCSD). Hoshi also serves on the Board of Directors at Union BanCal Corporation. He is also a research associate at the National Bureau of Economic Research (NBER) and at the Tokyo Center for Economic Research (TCER). His main research interests include the study of the financial aspects of the Japanese economy, especially corporate finance, banking, and monetary policy. He received numerous awards for his publications including Corporate Financing and Governance in Japan: The Road to the Future (MIT Press, 2001), co-authored with Anil Kashyap (Graduate School of Business, University of Chicago), and his other publications include, “Japanese Government Debt and Sustainability of Fiscal Policy” (with Takero Doi and Tatsuyoshi Okimoto), Journal of the Japanese and International Economies,2011; “Corporate Restructuring in Japan during the Lost Decade” (with Satoshi Koibuchi and Ulrike Schaede), Japan’s Bubble, Deflation, and Long-term Stagnation, MIT Press, 2011 (Koichi Hamada, Anil K Kashyap, and David E. Weinstein, eds.) He has been the editor-in-chief of the Journal of the Japanese and International Economies since 1999. Hoshi received his BA in social sciences from the University of Tokyo in 1983, and a PhD in economics from the Massachusetts Institute of Technology in 1988.

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Glen S. Fukushima Senior Fellow, Center for American Progress; Former President, American Chamber of Commerce in Japan and Former Deputy Assistant U.S. Trade Representative for Japan and China Panelist

Hideichi Okada

Shorenstein APARC
Encina Hall E317
616 Serra Street
Stanford, CA 94305-6055

(650) 725-2375 (650) 213-6374 (650) 723-6530
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Sasakawa Peace Fellow
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Hideichi Okada joins the Walter H. Shorenstein Asia-Pacific Research Center (Shorenstein APARC) from September, 2013 until March, 2014 as Sasakawa Peace Fellow with the Japan Studies Program (JSP).

His research interests encompass energy policies and trade policies in the context of possible cooperation between Japan and the U.S. During his time at Shorenstein APARC, Okada will be working to launch New Dialogue Program for future cooperation on various areas between Japan and the U.S., and other Asia Pacific countries.

Okada served as Vice Minister for International Affairs, Ministry of Economy, Trade and Industry (METI) from 2010 to 2012, where he promoted international trade and investment, and expanded industrial cooperation with various countries. He also served as Director General of Trade Policy Bureau (2008-2010) and Director General of Commerce and Information Policy Bureau of METI (2007-2008). He worked for Prime Minister Junichiro Koizumi as his executive assistant, where he dealt with policies on economy, industry, energy, science and technology, and environment, and with public relations (2001-2006). He was a professor at GRIPS (2006-2007) and a visiting scholar at Harvard Law School and IR/PS, University of California, San Diego in 2007.

Okada was born in Tokyo in 1951. He received LL.M. degree from Harvard Law School (1981) and graduated from the University of Tokyo with a LL.B. (1976). Currently, he is Senior Adviser, NTT Data Institute of Management and Consulting.

Hideichi Okada The Sasakawa Peace Fellow, Shorenstein APARC Panelist Stanford University

Phillip Lipscy

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Former Thomas Rohlen Center Fellow at the Freeman Spogli Institute for International Studies
Former Assistant Professor of Political Science
phillip_lipscy_2018.jpg PhD

Phillip Y. Lipscy was the Thomas Rohlen Center Fellow at the Freeman Spogli Institute for International Studies and Assistant Professor of Political Science at Stanford University until August 2019. His fields of research include international and comparative political economy, international security, and the politics of East Asia, particularly Japan.

Lipscy’s book from Cambridge University Press, Renegotiating the World Order: Institutional Change in International Relations, examines how countries seek greater international influence by reforming or creating international organizations. His research addresses a wide range of substantive topics such as international cooperation, the politics of energy, the politics of financial crises, the use of secrecy in international policy making, and the effect of domestic politics on trade. He has also published extensively on Japanese politics and foreign policy.

Lipscy obtained his PhD in political science at Harvard University. He received his MA in international policy studies and BA in economics and political science at Stanford University. Lipscy has been affiliated with the Reischauer Institute of Japanese Studies and Weatherhead Center for International Affairs at Harvard University, the Institute of Social Science at the University of Tokyo, the Institute for Global and International Studies at George Washington University, the RAND Corporation, and the Institute for International Policy Studies.

For additional information such as C.V., publications, and working papers, please visit Phillip Lipscy's homepage.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Phillip Lipscy The Thomas Rohlen Center Fellow, FSI and Assistant Professor, Department of Political Science Panelist Stanford University

Takeo Hoshi

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Former Henri H. and Tomoye Takahashi Senior Fellow in Japanese Studies at the Freeman Spogli Institute for International Studies
Former Professor, by courtesy, of Finance at the Graduate School of Business
takeo_hoshi_2018.jpg PhD

Takeo Hoshi was Henri and Tomoye Takahashi Senior Fellow at the Freeman Spogli Institute for International Studies (FSI), Professor of Finance (by courtesy) at the Graduate School of Business, and Director of the Japan Program at the Shorenstein Asia-Pacific Research Center (APARC), all at Stanford University. He served in these roles until August 2019.

Before he joined Stanford in 2012, he was Pacific Economic Cooperation Professor in International Economic Relations at the Graduate School of International Relations and Pacific Studies (IR/PS) at University of California, San Diego (UCSD), where he conducted research and taught since 1988.

Hoshi is also Visiting Scholar at Federal Reserve Bank of San Francisco, Research Associate at the National Bureau of Economic Research (NBER) and at the Tokyo Center for Economic Research (TCER), and Senior Fellow at the Asian Bureau of Finance and Economic Research (ABFER). His main research interest includes corporate finance, banking, monetary policy and the Japanese economy.

He received 2015 Japanese Bankers Academic Research Promotion Foundation Award, 2011 Reischauer International Education Award of Japan Society of San Diego and Tijuana, 2006 Enjoji Jiro Memorial Prize of Nihon Keizai Shimbun-sha, and 2005 Japan Economic Association-Nakahara Prize.  His book titled Corporate Financing and Governance in Japan: The Road to the Future (MIT Press, 2001) co-authored with Anil Kashyap (Booth School of Business, University of Chicago) received the Nikkei Award for the Best Economics Books in 2002.  Other publications include “Will the U.S. and Europe Avoid a Lost Decade?  Lessons from Japan’s Post Crisis Experience” (Joint with Anil K Kashyap), IMF Economic Review, 2015, “Japan’s Financial Regulatory Responses to the Global Financial Crisis” (Joint with Kimie Harada, Masami Imai, Satoshi Koibuchi, and Ayako Yasuda), Journal of Financial Economic Policy, 2015, “Defying Gravity: Can Japanese sovereign debt continue to increase without a crisis?” (Joint with Takatoshi Ito) Economic Policy, 2014, “Will the U.S. Bank Recapitalization Succeed? Eight Lessons from Japan” (with Anil Kashyap), Journal of Financial Economics, 2010, and “Zombie Lending and Depressed Restructuring in Japan” (Joint with Ricardo Caballero and Anil Kashyap), American Economic Review, December 2008.

Hoshi received his B.A. in Social Sciences from the University of Tokyo in 1983, and a Ph.D. in Economics from the Massachusetts Institute of Technology in 1988.

Former Director of the Japan Program at the Shorenstein Asia-Pacific Research Center
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Takeo Hoshi Henri H. and Tomoye Takahashi Senior Fellow in Japanese Studies at FSI; Professor, by courtesy, of Finance, Graduate School of Business and Director, Japan Studies Program, Shorenstein APARC Moderator Stanford University
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