The United States and Japan celebrated the 50th anniversary of the current US-Japan security treaty in January 2010, despite several dark clouds on the horizon. Both countries have seen transitions to Democrats in power in 2009 that led to new political debates over security practices. Is the future actually as rosy as portrayed by diplomats on both sides in this "anniversary year"? Relations will probably continue their rocky course in the coming months, but in the medium term the underlying logic for close US-Japan security cooperation, and for continuing development of defense capabilities in Asia for both countries, is quite strong.

Andrew Oros is a specialist on the international and comparative politics of East Asia and the advanced industrial democracies, with an emphasis on contending approaches to managing security and on the linkage between domestic and international politics. He is the author of Normalizing Japan: Politics, Identity, and the Evolution of Security Practice (Stanford University Press, 2008) and the co-editor of and contributor to Japan's New Defense Establishment: Institutions, Capabilities, and Implications (Stimson Center, 2007), Can Japan Come Back? (Pacific Council, 2003), and Culture in World Politics (Macmillan Press, 1998). His latest work is as co-author of the forthcoming Global Security Watch: Japan (Praeger Press, 2010). He also has shared his research in over a dozen scholarly articles, numerous mass-media quotations, and lectures to policymakers in Washington, DC, Berlin, Tokyo, Beijing, and elsewhere.

Donald K. Emmerson is a professor at Stanford University, where he heads the Southeast Asia Forum in the Shorenstein Asia-Pacific Research Center in the Freeman Spogli Institute for International Studies and is affiliated with the Abbasi Program in Islamic Studies and the Center on Democracy, Development, and the Rule of Law. 

Prior to joining Stanford’s faculty, Emmerson taught political science at the University of Wisconsin-Madison and spent time as a visiting scholar at the Australian National University (Canberra), the Institute of Advanced Studies (Princeton), and the Woodrow Wilson International Center for Scholars (Washington, DC), among other institutions.  He received his Yale University PhD in political science following a Princeton University BA in international affairs.

Professor Yuan Ming was originally trained as a student of western language and literature at Peking University. Prior to her graduate work, she spent eight years in the rural areas in Northwest China. China's Reform and Open Door policy allowed her to do her graduate work in the Law Department of Peking University and then to visit these distinguished institutions abroad: She was a visiting scholar at U.C. Berkeley from 1983 to 1985 and a senior associate member at the St. Antony's College in Oxford University from 1989 to 1990. Since 1995, she was invited and did research at the Carter Center in Atlanta, Georgia, the Carnegie Endowment for International Peace and the Brookings Institution in Washington, D.C. She travels a lot and is a frequent speaker at many international gatherings such as the World Economic Forum in Davos, the Trilateral Commission, the Club of Rome, etc.

Professor Yuan Ming teaches the History of International Relations and Western Classics of International Relations at Peking University. She is also the vice-dean of the School of International Studies and the director of the Center for American Studies at the University. Her publications include Cross Century Assignment: the International Relations Studies in China and A History of International Relations ( 1648-1989), which is one of the leading publications and textbooks in China. She is also the co-editor of Sino-American Relations (1945-1955); the Golden Age of U.S.-China-Japan Relations.

Professor Yuan Ming has organized many international conferences in China, and has wide links in Asia, North America, Europe and Oceania.

Professor Yuan Ming is a member of the Chinese People's Political Consultative Conference (CPPCC) and a member of its Foreign Relations Committee. She sits on the boards of a number of institutions in China. She was also the trustee of the Asia Society in New York (1998-2004). In 2004, she joined the International Advisory Board of the Council on Foreign Relations in New York.

In this session of the Shorenstein APARC Corporate Affiliate Visiting Fellows Research Presentations, the following will be presented:

Hirofumi Takinami, "Political Economy of the Financial Crises in Japan & United States - A Comparative Study on the Bailout of Financial Institutions"

Currently, the United States is suffering from a financial crisis.  Japan has struggled with a financial crisis from the late 1990's to the early 2000's.  What implications can be drawn from these crisis experiences of the two largest economies in the world?  As one part of a collaborative research with Professor Phillip Lipscy on "Policy Innovation in Japan and the United States:  A Comparative Study of Response to Finiancial Crises", Takinami analyzes which elements are crucial in the use of bailout of financial institutions as a means to address financial crises.  Stressing that taxpayers' understanding and market sentiment are key, he makes arguments especially on the "learning effect" of Japanese financial crisis and the importance of action by the national leader and his/her secretarial organizations.

Takashi Uchida, "Comparative Research Study of Manufacturing Between the United States and Japan"

Manufacturing consists of upstream (raw material suppliers), middle stream (casting, dyes, metal press, etc.) and downstream (automobile companies, machinery companies, and electric companies).  To accurately view the structure of manufacturing as "supply chain", Uchida analyzes where manufacturing value comes from.  In particular, Uchida takes a look at the automobile market, comparing the difference between manufacturing in Japan and the United States.

Zheng Wang, "Valuation and Integration of Intangible Assets in Mergers and Acquisitions"

In modern economies, a large proportion of a company's assets tend to be intangible, such as brand names.  Intangible assets have become one of the key factors behind a company's competitive strength.  In particular, obtaining a target's intangible assets has been the major driving force in M&A activities during the past years.

M&A for intangible assets tends to be more complicated than for tangible assets, mainly due to the challenges in terms of valuation and post-deal integration.  In this research presentation, Wang analyzes some special issues in valuation and integration of intangible assets in M&As, and tries to draw useful lessons on M&A for intangible assets through case study.

This lecture will examine the origins of the Cold War in East Asia, how early the Cold War came to Korea, how the Korean War transformed the containment doctrine, how it solidified the continuing divisions in East Asia, and how it transformed defense policy in the United States, leading to a far-flung structure of seemingly permanent military bases in South Korea, Japan, Germany, and many more countries that lasts down to 2010.  Professor Cumings will also examine problems of history and memory regarding what most Americans call "the forgotten war."

Bruce Cumings teaches international history, modern Korean history and East Asian political economy at the University of Chicago, where he has taught since 1987 and where he is the Gustavus F. and Ann M. Swift Distinguished Service Professor and the chairman of the History Department.  He received his Ph.D. from Columbia University in 1975. He has taught at Swarthmore College (1975-77), the University of Washington (1977-86), and Northwestern University (1994-97). He is the author of the two-volume study, The Origins of the Korean War (Princeton University Press, 1981, 1990), War and Television (Visal-Routledge, 1992), Korea's Place in the Sun: A Modern History (W. W. Norton, 1997; updated ed. 2005), Parallax Visions: Making Sense of American—East Asian Relations (Duke University Press, 1999; paperback 2002), North Korea: Another Country (New Press, 2003), co-author of Inventing the Axis of Evil  (New Press, 2004), and is the editor of the modern volume of the Cambridge History of Korea (forthcoming). He is a frequent contributor to The London Review of Books, The Nation, Current History, the Bulletin of the Atomic Scientists, and Le Monde Diplomatique. The first volume of his Origins won the John King Fairbank book award of the American Historical Association for the best book on East Asia in the previous two years, and the second volume won the Quincy Wright book award of the International Studies Association. He was elected to the American Academy of Arts and Sciences in 1999, and is the recipient of fellowships from the Ford Foundation-funded Foreign Area Fellows program, NEH, the MacArthur Foundation, the Center for Advanced Study at Stanford, and the Abe Fellowship Program of the Social Science Research Council. He was also the principal historical consultant for the Thames Television/PBS 6-hour documentary, Korea: The Unknown War. He recently published Dominion From Sea to Sea: Pacific Ascendancy and American Power, which was ranked as one of the top 25 books of 2009 by the Atlantic Monthly. Random House will publish his short book, The Korean War, on the war’s 60th anniversary in 2010. He is also contracted to publish a new, single-volume synoptic edition of The Origins of the Korean War.

An introduction to the origins, evolution, and recent  status of  interaction between Japan and Southeast Asia, 1900-2000.

Mark R. Peattie is a visiting scholar at Shorenstein APARC and a research fellow at the Hoover Institution. He is a professor of history emeritus at the University of Massachusetts at Boston. He was the John A. Burns Distinguished Visiting Professor of History at the University of Hawaii in 1995.

Peattie is a specialist in modern Japanese military, naval, and imperial history. His current research focuses on the historical context of Japanese-Southeast Asian relations. He is also directing a pioneering and international collaborative effort of the military history of the study of the Sino-Japanese war of 1937-45 being sponsored by the Asia Center at Harvard University.

He was a member of the U.S. Information Agency from 1955 to 1968 with service in Cambodia (1955-57), in Japan (Sendai, Tokyo, Kyoto) (1958-67), and in Washington, D.C. (1967-68).

Peattie holds a Ph.D. in Japanese history from Princeton University.