In view of the recent summit between two Korean leaders, Shorenstein APARC believes that the prospect for inter-Korean economic cooperation has improved a great deal. The primary purpose of this conference is to explore various possibilities of inter-Korean economic cooperation as well as to formulate a policy and institutional framework for successfully implementing such cooperative efforts.

The conference will start with an analysis of the current economic situation in the Korean Peninsula and, then, explore sector-specific issues in agriculture, energy, manufacturing and infrastructure. Finally, the conference will draw policy implications for North Korea, South Korea, the United States, and the international community.

Bill Gates recently said "if the 1980s were about quality and the 1990s were about reengineering, then the 2000s will be about velocity. When the increase in velocity of business is great enough, the very nature of business changes." These three factors--quality, reengineering, and velocity-are rapidly changing the structure of foreign trade. They directly affect relationships such as the flow of imports, exports and foreign direct investment. Such complex networks of global and local interactions generate new ways of doing business by selectively collapsing time and space relationships. This rapidly evolving complex system is making it very difficult for policymakers to analyze public policy trade related issues or to evaluate the possible impact of their decisions. New ways to visualize, develop, implement and evaluate California State foreign trade policy are needed. Dr. Koehler's presentation will lay out some of the elements that might be included in such an approach to state trade policy making, and identify various options for California State government. Dr. Gus Koehler is Senior Policy Analyst with the California Research Bureau, where he conducts policy research for the State Legislature and the Governor's office. His current research responsibilities include identifying and evaluating state economic development issues and strategies for addressing them. The author of California Trade Policy (1999), Dr. Koehler serves as adjunct faculty of Public Administration at the University of Southern California.

Since 1997, Dr. Richard Bush has been the leadig on-site practitioner of US-Taiwan relations. He was appointed to the Board of the American Institute of Taiwan by Secretary of State Madeleine Albright, and named Chairman and Managing Dircetor at the same time. Prior to his appointment, he was staff to the International Relations Committee in the United States House of Representatives, and also served as National Intelligence Officer for East Asia. He holds a doctorate in political science from Columbia University.

In the midst of preparing for the upcoming Inter-Korea Summit in June, the South Korean government and many North Korea experts struggle with how to manage this historic opportunity for breakthrough in the Korean peninsula. What happened behind closed doors to reach this agreement to have the summit meeting and what uncertainties lie along the way? What issues will be discussed at the summit? What will some of the challenges be in the post-summit era, not only in inter-Korean relations but in neighboring countries' policies toward the Korean peninsula? These questions and more will be discussed during this seminar. Dr. Kil has worked for the last four years in the Washington bureau of the Korean newspaper, Joong Ang Ilbo, closely monitoring the U.S.-North Korea talks. He is currently on leave for research at the Tokyo Foundation. Dr. Kil has a Ph.D. in political science from Yale University.

A Stanford Alumnus, Brigadier General Eikenberry currently serves as Defense Attache in Bejing, China - an assignment he has held since November, 1997. Earlier in his distinguished career in the United States Army, Brigadier General Eikenberry served in such assignments as National Security Fellow at the Kennedy School of Government; Chief of Foreign Area Officer Proponency Division in the Strategy Plans and Policy Directorate; and Senior Country Director for China, Taiwan, Hong Kong, and Mongolia in the Office of the Secretary of Defense. *** Luncheon will be provided. RSVP required. 650-725-6501. ***

12.00 p.m. Mr. Hiroyuki FUNAGURA (Toyobo Co., Ltd., Japan) Digital Subscriber Line Research. 12.15 p.m. Ms. Reiko HAYASAKA (Sankei Shimbun, Japan) The Outlook of the Japanese Press Club. 12.30 p.m. Mr. Toshiya KOINUMA (Asahi Shimbun, Japan) Open Source Software Development and its Influence on the Software Industry. 1.00 p.m. Mr. Hidenori MITSUI (Ministry of Finance, Japan) Comparison of American and Japanese Law Fundamentals: Focusing on Tax Law. 1.20 p.m. Mr. Yoshihiko MURASAWA (The Tokyo Electric Power Co., Inc., Japan) Decision-Making Systems of Building Nuclear Power Stations in Japan. 1.40 p.m. Mr. Kiyoshi NOGUCHI (Yomiuri Shimbun, Japan) The Future of Japanese E-commerce.

The Asia Pacific Economic Cooperation forum completed its first ten years in 1999. It is appropriate to pause and look back at its evolution over this period, and look forward to assess its future role in the multilateral world of the World Trade Organisation (WTO). This paper attempts both of these tasks from a New Zealand perspective. The factors and forces behind regionalism, its points of confluence and conflict with multilateralism, and its future role in a globalised international economy are all addressed in this paper. How the forces of regionalism are shaping up in the Asia-Pacific region, and how New Zealand - a small open economy - is linking itself into it are anlysed to put New Zealand's recent economic reforms in an international perspective. To what extent New Zealand and other countries in the Asia-Pacific area can learn and benefit from the experiences of one another is brought into sharper focus in the paper. Professor Srikanta Chatterjee is a professor of international economics at Massey University in New Zealand. A native of India, Professor Chatterjee studied economics at the Universities of Calcutta, India, and Surrey and London, England, receiving his Ph D from the London School of Economics. Besides New Zealand, Professor Chatterjee has been on the full time faculty in universities in India, U.K., Australia, Japan and Fiji. He has also been on the visiting faculty in Australia, Bangladesh, Botswana, China, Italy, India, Japan, Korea, Malaysia, Mauritius, the Netherlands, Norway, Singapore, South Africa, Swaziland and Vietnam. In 1997, Professor Chatterjee was a Japan Foundation Fellow at the Tokyo Keizai University, and, in 1998, he spent a semester at the Kyoto Ritsumeikan University as a New Zealand Asia 2000 Foundation Visiting Professor of Asia-Pacific Studies. Currently a Fulbright Travelling Fellow, Professor Chatterjee is visiting Berkeley, and attending a conference in San Diego before going on give lectures at the University of Colima in Mexico. Professor Chatterjee's teaching and research interests include international economics, international business, the Asia-Pacific economies, inequality and income distribution, and the economics of the household.