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Institutions and Organizations

CNBC interview: North Korea holds rare Workers' Party Congress

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In early May, North Korea held its first Workers’ Party Congress in over three decades. Kathleen Stephens, Stanford distinguished fellow and former ambassador to South Korea, told CNBC’s “Squawkbox” that the meeting was an effort by North Korea to demonstrate consolidated rule under Kim Jong-un. Stephens said she did not anticipate any major announcements at the meeting, but recognized that North Korea faced a “new challenge” in its ally China joining the bid for tougher U.N. sanctions against it in response to its latest nuclear and missile tests.

The interview can be viewed here.

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Globalization, Innovation, and Culture in Korea

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The 8th Annual Koret Workshop

South Korea has become an economic powerhouse, but faces multiple challenges. The conference will focus on four areas that South Korea needs to turn its attention to: 1) the higher education and development; 2) entrepreneurship and innovation; 3) global competitiveness; and 4) demographic changes and immigration policy.

During the conference, a keynote speech is open to the public. Please click here for more information about the public keynote.

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

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Workshops
Koret Workshop

Capital Market Regulation in Japan after the Global Financial Crisis

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This paper is examines the evolution of Japan’s capital markets and the related regulatory reforms after the Global Financial Crisis. We start by looking at the importance of capital markets in the Japanese financial system. We study how the size of financial flows through capital markets relative to those through the banking sector changed since the 1980s in Section 2. Then, in Section 3, we look at how Japan’s financial system responded to the Global Financial Crisis. We find that the disruption of the financial system in Japan was small. Section 4 then surveys the financial regulatory changes in Japan since the Global Financial Crisis. While the Japanese regulators tightened the regulation to improve the financial stability as the regulators in the U.S. and Europe did, they also continued the efforts to develop capital markets in Japan. The efforts continue and receive strong endorsement from Abenomics, which put an emphasis on economic structural reform to restore growth in Japan. We examine the capital market policies in Abenomics in Section 5. Section 6 concludes.

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Journal Articles
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World Scientific in International Economics
Authors
Takeo Hoshi

Looking at US policy toward North Korea after Iran and Cuba

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David Straub
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Commentary
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In an NK News' series of interviews with a panel of U.S. experts on North Korea policy, David Straub, associate director of the Korea Program and former State Department Korea director, analyzes the U.S. approach toward Pyongyang. With NK News' permission, downloadable PDF versions of the interviews are available below.

 

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North Korean leader Kim Jong Un provides field guidance at the newly built National Space Development General Satellite Control and Command Centre in this undated photo released by North Korea's Korean Central News Agency (KCNA) in Pyongyang, May 3, 2015. | Reuters/KCNA
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Masahiko Aoki Memorial Conference

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The Shorenstein Asia-Pacific Research Center (APARC) Japan Program with the Freeman Spogli Institute of International Studies (FSI) as well as the Stanford Graduate School of Business, the Stanford Institute for Economic Policy Research (SIEPR), and the Stanford Department of Economics will be hosting a memorial conference and service on December 4th and 5th in honor of the late Masahiko Aoki. December 4th will be a full day conference featuring topics within Masa's extensive field of study and research including theoretical and applied economics, theory of institutions, corporate architecture and governance, and the Japanese and Chinese economies. The day will culminate with a cocktail reception. The Celebration of Life on December 5th will be a gathering for family and friends in remembrance of Masa with a light lunch reception to follow.

December 4, 2015

Memorial Conference

Bechtel Conference Center, 616 Serra Street
Stanford University

Agenda

8:30am - 8:50am            Breakfast & Registration

8:50am - 9:00am            Welcome Remarks: Takeo Hoshi (Stanford University)

9:00am - 9:30am            Kenneth Arrow (Stanford University), “The Role of Organizational Structure in the Economy”

9:30am - 10:00am          Paul Milgrom (Stanford University), "Designing the US Incentive Auction"

10:00am - 10:30am        Break

10:30am - 11:00am        Koichi Hamada, Yale University, “Masahiko Aoki: A Social Scientist"

11:00am - 11:30am        Kotaro Suzumura (Hitotsubashi University), “Masahiko Aoki (1938-2015): Recollections of his Pilgrimage and Legacy in Japan”

11:30am - 12:00pm       Yingyi Qian (Tsinghua University), "Masahiko Aoki and China"

12:00pm - 1:15pm          Lunch

1:15pm - 1:45pm            Jiahua Che (Chinese University of Hong Kong) presenting Masahiko Aoki's

                                            "Three-person game of institutional resilience vc transition: A model and

                                              China-Japan comparative history"

1:45pm - 2:15pm           Miguel Angel Garcia Cestona (Universitat Autonoma de Barcelona), "Corporate Governance and Employee Participation: some lessons from Mondragon"

2:15pm - 2:45pm           Herbert Gintis (Santa Fe Institute), "General Social Equilibrium and its Dynamics"

2:45pm - 3:15pm           Break

3:15pm - 3:45pm           Dale Jorgenson (Harvard University), "

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3:45pm - 4:15pm           Avner Greif (Stanford University), "Comparative Institutional Analysis: China and Europe Compared"

4:15pm - 4:45pm           Francis Fukuyama (Stanford University), "Asian Kinship, Industrial Structure, and Trust in Government"

4:45pm - 5:00pm           Closing, Takeo Hoshi (Stanford University)

5:00pm - 6:00pm           Cocktail Reception

*Agenda is subject to change and will be updated as speakers are confirmed

 

December 5, 2015

Celebration of Life

Bechtel Conference Center, 616 Serra Street
Stanford University

Agenda

10:30am - 11:00am          Registration

11:00am - 12:00pm          Celebration of Life

12:00pm - 1:30pm            Lunch Reception

 

 

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Bechtel Conference Center616 Serra StreetStanford UniversityStanford, CA 94305
Conferences

Huijun Gu

Encina Hall E301616 Serra StreetStanford, CA94305-6055
(650) 723-6530
0
huijun_gu.jpg Ph.D.

Huijun Gu joins the Walter H. Shorenstein Asia-Pacific Research Center (Shorenstein APARC) for the 2015-16 year as a visiting scholar from Jiangsu Administration Institute, where he serves as an associate professor.

His research interests include Planning (规划) and Governance, industrial upgrading and government behavior.

Huijun Gu obtained his Ph.D. at Nanjing University in 2013, focusing on organizational behavior.

Visiting Scholar

Of Paradigms, Politics and Principles: The 2016 Taiwan Elections and Implications for China’s Security Strategy and Cross-Strait Relations

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Sponsored by the Taiwan Democracy Project and the U.S. Asia Security Initiative at the Asia-Pacific Research Center (APARC)

Abstract

During the recent meeting between PRC President Xi Jinping and Taiwan President Ma Ying-jeou, the “1992 One China Consensus” served as a mutually acceptable paradigm for maintaining “peaceful and stable” conditions across the Taiwan Strait.  For Xi Jinping, the warmth of the visit thinly veiled a message to Taiwan’s leaders and electorate, as well as to onlookers in Washington.  Chinese officials and media clearly link the talks and confirmation of the 1992 Consensus to “the great rejuvenation of the Chinese nation”—a concept that is increasingly unpalatable to many in Taiwan.  Xi hopes to keep DPP presidential candidate Tsai Ing-wen (and perhaps even future KMT leaders) in the 1992 Consensus “box” and to co-opt the U.S. in this effort, but perhaps underestimates the political transformation underway on Taiwan. 

The Xi administration has also hardened its position regarding “core interests” such as Taiwan, embodied in a “bottom line principle” policy directive that eschews compromise.  Although many commentators and most officials across the region have shied away from stating that the PRC and Taiwan are at the crossroads of crisis, the collision of political transformation on Taiwan and the PRC’s “bottom line principle” will challenge the fragile foundations of peaceful cross-Strait co-existence.  Changes in the regional balance of military power brought about by a more muscular People’s Liberation Army compounds the potential for increased friction, providing Beijing with more credible options for coercion and deterrence.

This talk will consider the politics and principles involved in cross-Taiwan Strait relations in light of the upcoming 2016 Taiwan elections and the policies of the Xi Jinping administration; and will discuss some of the possible implications for China’s national security policy, regional stability, and the future of cross-Strait relations.

Bio

Cortez Cooper
Mr. Cortez A. Cooper III joined RAND in April 2009, providing assessments of security challenges across political, military, economic, cultural, and informational arenas for a broad range of U.S. government clients.  Prior to joining RAND, Mr. Cooper was the Director of the East Asia Studies Center for Hicks and Associates, Inc.  He has also served in the U.S. Navy Executive Service as the Senior Analyst for the Joint Intelligence Center Pacific, U.S. Pacific Command.  As the senior intelligence analyst and Asia regional specialist in the Pacific Theater, he advised Pacific Command leadership on trends and developments in the Command’s area of responsibility.  Before his Hawaii assignment, Mr. Cooper was a Senior Analyst with CENTRA Technology, Inc., specializing in Asia-Pacific political-military affairs.  Mr. Cooper’s 20 years of military service included assignments as both an Army Signal Corps Officer and a China Foreign Area Officer.  In addition to numerous military decorations, the Secretary of Defense awarded Mr. Cooper with the Exceptional Civilian Service Award in 2001.

2016 Taiwan Elections and Implications for Cross-Strait and Regional Security
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Cortez Cooper Senior International Policy Analyst RAND Corporation
Seminars
U.S.-Asia Security Initiative

Nico Ravanilla

Encina Hall E301616 Serra StreetStanford, CA94305-6055
(650) 724-5579 (650) 723-6530
0
nico_ravanilla.jpg Ph.D.

Nico Ravanilla joins the Walter H. Shorenstein Asia-Pacific Research Center as Shorenstein Postdoctoral Fellow for the 2015-16 year.  His research interests are political economy and governance, comparative politics and Southeast Asia. While at Shorenstein APARC, Ravanilla will research how political selection impacts governance, and evaluate possible routes for incentivizing capable and virtuous citizens to run for public office.

His project titled “Nudging Good Politicians” looks at the case of the Sangguniang Kabataan, a governing body in the Philippines comprised of elected youth leaders. Ravanilla aims to apply his research to develop and scale up programs for politicians, especially those at the onset of their careers, which would include specialized leadership training and merit-based endorsement.

Ravanilla is also a Southeast Asia Research Group (SEAREG) Young Southeast Asia Fellow for 2015-16.  He received his Ph.D. in political science and public policy from the University of Michigan in summer 2015.

2015-16 Shorenstein Postdoctoral Fellow
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