International Development

FSI researchers consider international development from a variety of angles. They analyze ideas such as how public action and good governance are cornerstones of economic prosperity in Mexico and how investments in high school education will improve China’s economy.

They are looking at novel technological interventions to improve rural livelihoods, like the development implications of solar power-generated crop growing in Northern Benin.

FSI academics also assess which political processes yield better access to public services, particularly in developing countries. With a focus on health care, researchers have studied the political incentives to embrace UNICEF’s child survival efforts and how a well-run anti-alcohol policy in Russia affected mortality rates.

FSI’s work on international development also includes training the next generation of leaders through pre- and post-doctoral fellowships as well as the Draper Hills Summer Fellows Program.

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In this book Takeo Hoshi and Anil Kashyap examine the history of the Japanese financial system, from its nineteenth-century beginnings through the collapse of the 1990s that concluded with sweeping reforms. Combining financial theory with new data and original case studies, they show why the Japanese financial system developed as it did and how its history affects its ongoing evolution.

The authors describe four major periods within Japan's financial history and speculate on the fifth, into which Japan is now moving. Throughout, they focus on four questions: How do households hold their savings? How is business financing provided? What range of services do banks provide? And what is the nature and extent of bank involvement in the management of firms? The answers provide a framework for analyzing the history of the past 150 years, as well as implications of the just-completed reforms known as the "Japanese Big Bang."

Hoshi and Kashyap show that the largely successful era of bank dominance in postwar Japan is over, largely because deregulation has exposed the banks to competition from capital markets and foreign competitors. The banks are destined to shrink as households change their savings patterns and their customers continue to migrate to new funding sources. Securities markets are set to re-emerge as central to corporate finance and governance.


"This book is a fascinating analysis of the past, present, and future of the Japanese financial system. It sheds a great deal of light on Japan's current troubles and their potential solution." 

-Ben S. Bernanke, Howard Harrison and Gabrielle Snyder Beck Professor of Economics and Public Affairs, Princeton University

 

"Hoshi and Kashyap crystallize much of their high-quality research in this book. Corporate Financing and Government in Japan tells of the rise and fall of banking dominance over Japanese corporations with historical accounts, economic theory, and summaries of empirical analysis. The book will be an authoritative read for a wide-ranging audience, including college students, MBA students, and scholars in the field." 

-Takatoshi Ito, Professor, Hitotsubashi University

 

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Books
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The MIT Press
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Takeo Hoshi
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How was it that Afghanistan, a country that was often conquered and ruled by outsiders before 1800, became seemingly impossible to conquer and rule in the 19th and 20th centuries? An historical examination of Afghan history reveals that premodern Central Asian rulers looked upon war and conquest as the business of displacing rival elites, a process having little or nothing to do with the inhabitants of the territory. During the 19th century, this pattern began to change in Afghanistan where governments found themselves dependent on raising tribal armies to repel foreign invaders, such as the British, at the cost of sharing power with them in the postwar period. This pattern continued into the 20th century when during each period of state collapse drew an ever-wider part of the population into the political struggle for power. The Soviet invasion drew the widest possible opposition but upon their withdrawal no faction was able to create a stable government. Afghanistan fell into ten years of civil war that opened it up to extreme movements such the Taliban and its exploitation by outsiders such as Osama bin Laden. Since war alone has now proved incapable of solving Afghanistan's problems the current conflict in Afghanistan can only be won by a wider policy that makes Afghanistan's economic and political reconstruction a priority in a way that can end its cycle of anarchy.

Philippines Conference Room, Encina Hall, Third Floor, Central Wing

Thomas Barfield Chairman Speaker Anthropolgy Department, Boston University
Seminars
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Relations between North and South Korea have been one of the most important and vexing topics in Asia for over fifty years. The historic June 2000 summit meeting between North Korean leader Kim Jong Il and the South's Kim Dae Jung seemed to mark the first real progress in relations in many years, and set off a search for realistic ways to solidify the nascent cooperation between the two. All at once, formulating a sensible strategy for economic cooperation between North and South became an urgent policy issue rather than an abstract intellectual exercise.

In October 2000, Shorenstein APARC - together with the Center for Asia-Pacific Studies at Kyung Hee University and South Korea's Joongang Ilbo newspaper - sponsored a conference to address the economic, political, and social rapprochement between the Koreas. During the two-day event, participants from government and academia debated strategies for successful inter-Korean economic cooperation and integration in light of the evolving political situation on the peninsula. Beginning with analyses of economic conditions in both Koreas, participants considered lessons that North Korea might learn from reform now under way in China and Vietnam. The feasibility of a North Korean "soft landing" - through economic cooperation with South Korea and the international community - was also discussed in detail.

Based on these preliminary findings, the gathering formulated general directions for inter-Korean cooperation and identified priority areas in specific sectors, including agriculture, manufacturing, energy, and physical infrastructure. Future policies were suggested, for North and South Korea, for the United States, and for the international community.

From the thoughtful keynote address given by former U.S. secretary of defense William J. Perry to the provocative remarks delivered by a host of distinguished international officials and scholars, To the Brink of Peace is a frank assessment of the potential for integration on the Korean peninsula.

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Books
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Shorenstein APARC
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Henry S. Rowen
Number
1-931368-02-3
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In recent years, Korea has seen remarkable developments in the broadband Internet access business. This presentation looks into what Korea's broadband Internet usage is like now in comparison with other countries, and explains the major factors contributing to such development from three viewpoints: government, private sector, and social backgrounds. The seminar will also include discussing challenges that the Korean broadband Internet industry is facing: how to convert high usage of Internet to e-business, and strategic issues from a broadband Internet service provider's standpoint. This program is free and open to the public. Lunch will be provided for those who **RSVP before noon on Wednesday, March 6th** to Okky Choi. Tel: (650) 724-8271 or Email: okkychoi@stanford.edu

Encina Hall, Central Wing, third floor, Philippines Conference Room

Kyoung-Lim Yun Visiting Fellow, A/PARC Speaker Hanaro Telecom
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Larry Diamond, Senior Fellow, The Hoover Institution and Professor of Political Science & Sociology, Stanford University. A specialist on democratic development, Professor Diamond is studying public opinion in Taiwan, where he will serve as an official observer of the parliamentary election. He is co-editor of Journal of Democracy. Phillip C. Saunders, Director, East Asia Nonproliferation Program, Monterey Institute of International Studies. Professor Saunders studies Sino-US relations and East Asian security issues. He is the author of Project Strait Talk: Security and Stability in the Taiwan Strait. Thomas Gold, Professor of Sociology, University of California, Berkeley A specialist on the democratic transition in Taiwan, Professor Gold is the author of "The Waning of the Kuomintang State on Taiwan," in State Capacity in East Asia. He will be an official observer of Taiwan's parliamentary elections. Taiwan politics were turned upside-down in March 2000, when the Kuomintang was defeated in the presidential election, ending 55 years of one-party rule. Now, polls show the KMT is likely to lose its parliamentary majority in the December 2001 elections, a development which would dismay Beijing, sideline one of Asia's oldest political movements, trigger profound realignments in Taiwan's internal politics, and transform relations between Taiwan, China, and the United States. The election results and their implications will be discussed in a roundtable discussion with the three panelists. A buffet lunch will be served.

Encina Hall, third floor, AP Scholars Conference Room

Larry Diamond Senior Fellow, Hoover Institution Panelist Professor of Political Science and Sociology, Stanford University
Phillip C. Saunders Director, East Asia Nonproliferation Program Panelist Monterey Institute of International Studies
Thomas Gold Professor of Sociology Panelist University of California at Berkeley
Workshops
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Professor Wang Jisi is director and a senior researcher of the Institute of American Studies at the Chinese Academy of Social Sciences (CASS) in Beijing. He is concurrently director of the Institute of International and Strategic Studies at the Party School of the Central Committee, the Communist Party of China, a guest professor of Peking University and Tsinghua University, and president of the Chinese Association for American Studies. He is also a member and advisor to many prestigious research institutions in the United States. He is now teaching a course on "China Under Reform" for the fall semester, 2001, as a Freeman Professor of Asian Studies at Claremont McKenna College in California. Wang Jisi's formal education was interrupted by the Cultural Revolution. In the ten years between 1968 and 1978 he did various sorts of labor as a herdsman, peasant, and factory worker in Inner Mongolia and central China. He entered Peking University in 1978 and obtained his MA degree in 1983. Professor Wang's scholarly interests cover international relations theory, U.S. foreign policy, Chinese foreign policy, and China-U.S. relations. He has published numerous works in these fields, including a recent volume in Chinese entitled "Lonely at the Top: U.S. Global Strategy and Position in the Post-Cold War World." His articles in English include "Building a Constructive Relationship between the United States, China, and Japan" (1998), "China's New Identity and Peace in Northeast Asia" (2000), "The Internet in China: A New Fantasy?" (2000), and "Hot Peace - Not a New Cold War - between China and the United States" (2001).

Philippines Conference Room

Wang Jisi Director Speaker Institute of American Studies, Chinese Academy of Social Sciences
Seminars
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The emergence of global information society changes the nature of the relationship between society, knowledge, and technology. This affects in a fundamental way the role of ICTs (Information and Communication Technology) for the distribution of knowledge, the development of network economies, networks of social innovation and networks of co-development. Knowledge networking is seen here in terms of creating cross-cultural alliances among the university, enterprise, and the media, through creating symbiotic relationships between local and global knowledge resources. The focus is on promoting a culture of shared communication, values and knowledge, seeking cooperation through valorization of diversity, social cohesion and subsidiarity. This focus is informed by the human centered vision of Information Society, which moves the digital divide discourse beyond the technocentric agenda toward a human centered agenda that recognizes the purpose of ICT as promoter of social cohesion in which shared communication and shared knowledge drive cohesion, and cohesion generates shared communication and an increase in shared knowledge. The discussion will be illustrated by an example of the European - India Cross Cultural Innovation Network, a unique project of the European Commission that promotes cross-cultural cooperation, action research and knowledge networking.

Philippines Conference Room

Karamjit S. Gill School of Information Management Speaker University of Brighton, UK
Seminars
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Four months into Megawati Sukarnoputri's presidency, many of the same ills continue to plague Indonesia Ð economic and legal reforms are at a standstill, corruption is rampant and Indonesia's 220 million still lack the democratic freedoms promised when Suharto stepped down three years ago. Home to the world's largest Muslim population, Indonesia, as much as or more than Pakistan, is subject to serious destablization in light of the events of September 11th and October 7th. Please join us for a timely and informative briefing on the current political, economic and social situation in Indonesia today.

Indonesian poet, essayist and journalist Goenawan Mohamad is the former editor of Tempo, the weekly news magazine once banned by Suharto because of its penetrating articles and expos?s. He has long been known for his reasoned, articulate criticism of government policies and as an advocate of democracy and free speech in Indonesia. He has spent the last semester as a Visiting Fellow at UCLA. Donald Emmerson is a leading authority on the politics and international relations of Southeast Asia, with particular concentration on Indonesia. He is currently a senior fellow in Stanford University's Institute for International Studies, where he also heads the Asia/Pacific Research Center's Southeast Asia Forum. Prior to this, Dr. Emmerson was a professor in the University of Wisconsin-Madison's Department of Political Science. In June 1999, he helped monitor the Indonesian election for the National Democratic Institute and the Carter Center.

World Affairs Council, 312 Sutter Street, 2nd Floor, San Francisco

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Senior Fellow Emeritus at the Freeman Spogli Institute for International Studies
Affiliated Faculty, CDDRL
Affiliated Scholar, Abbasi Program in Islamic Studies
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At Stanford, in addition to his work for the Southeast Asia Program and his affiliations with CDDRL and the Abbasi Program in Islamic Studies, Donald Emmerson has taught courses on Southeast Asia in East Asian Studies, International Policy Studies, and Political Science. He is active as an analyst of current policy issues involving Asia. In 2010 the National Bureau of Asian Research and the Woodrow Wilson International Center for Scholars awarded him a two-year Research Associateship given to “top scholars from across the United States” who “have successfully bridged the gap between the academy and policy.”

Emmerson’s research interests include Southeast Asia-China-US relations, the South China Sea, and the future of ASEAN. His publications, authored or edited, span more than a dozen books and monographs and some 200 articles, chapters, and shorter pieces.  Recent writings include The Deer and the Dragon: Southeast Asia and China in the 21st Century (ed., 2020); “‘No Sole Control’ in the South China Sea,” in Asia Policy  (2019); ASEAN @ 50, Southeast Asia @ Risk: What Should Be Done? (ed., 2018); “Singapore and Goliath?,” in Journal of Democracy (2018); “Mapping ASEAN’s Futures,” in Contemporary Southeast Asia (2017); and “ASEAN Between China and America: Is It Time to Try Horsing the Cow?,” in Trans-Regional and –National Studies of Southeast Asia (2017).

Earlier work includes “Sunnylands or Rancho Mirage? ASEAN and the South China Sea,” in YaleGlobal (2016); “The Spectrum of Comparisons: A Discussion,” in Pacific Affairs (2014); “Facts, Minds, and Formats: Scholarship and Political Change in Indonesia” in Indonesian Studies: The State of the Field (2013); “Is Indonesia Rising? It Depends” in Indonesia Rising (2012); “Southeast Asia: Minding the Gap between Democracy and Governance,” in Journal of Democracy (April 2012); “The Problem and Promise of Focality in World Affairs,” in Strategic Review (August 2011); An American Place at an Asian Table? Regionalism and Its Reasons (2011); Asian Regionalism and US Policy: The Case for Creative Adaptation (2010); “The Useful Diversity of ‘Islamism’” and “Islamism: Pros, Cons, and Contexts” in Islamism: Conflicting Perspectives on Political Islam (2009); “Crisis and Consensus: America and ASEAN in a New Global Context” in Refreshing U.S.-Thai Relations (2009); and Hard Choices: Security, Democracy, and Regionalism in Southeast Asia (edited, 2008).

Prior to moving to Stanford in 1999, Emmerson was a professor of political science at the University of Wisconsin-Madison, where he won a campus-wide teaching award. That same year he helped monitor voting in Indonesia and East Timor for the National Democratic Institute and the Carter Center. In the course of his career, he has taken part in numerous policy-related working groups focused on topics related to Southeast Asia; has testified before House and Senate committees on Asian affairs; and been a regular at gatherings such as the Asia Pacific Roundtable (Kuala Lumpur), the Bali Democracy Forum (Nusa Dua), and the Shangri-La Dialogue (Singapore). Places where he has held various visiting fellowships, including the Institute for Advanced Study and the Woodrow Wilson International Center for Scholars. 



Emmerson has a Ph.D. in political science from Yale and a BA in international affairs from Princeton. He is fluent in Indonesian, was fluent in French, and has lectured and written in both languages. He has lesser competence in Dutch, Javanese, and Russian. A former slam poet in English, he enjoys the spoken word and reads occasionally under a nom de plume with the Not Yet Dead Poets Society in Redwood City, CA. He and his wife Carolyn met in high school in Lebanon. They have two children. He was born in Tokyo, the son of U.S. Foreign Service Officer John K. Emmerson, who wrote the Japanese Thread among other books.

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Donald K. Emmerson Panelist
Goenawan Mohamad Journalist, poet and former Editor of Tempo Magazine Panelist
Workshops
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How has the largely American war in Afghanistan--the terrorist attacks of 11 September, the counterattack that began on 7 October, and the retreat of Taliban forces since 13 November--affected the foreign policy environment now facing Northeast and Southeast Asian states? Is this the beginning of Cold War II? Has terrorism replaced communism as the enemy of a new and enduring global alliance led by the United States? How do East Asian governments see themselves in relation to this anti-terrorist coalition? As enthusiasts eager to defend or promote democracy in politics and moderation in religion? As joiners hoping to elicit American support for the repression of "terrorism" inside their own countries, e.g., in Tibet, Aceh, and the Sulu archipelago? As bystanders skeptical of American motives and resentful of American influence, but resigned to their inability to curb American hegemony? As balancers eager to organize East Asia into a region able to defend itself against unchecked American power? Matters relevant to the answering of such questions include: disappointing economic trends in much of East Asia; the likely impact of the compromises reaching at the recent World Trade Organization meeting in Qatar; the status and implications of the proposed free trade area between China and the Association of Southeast Asian Nations (ASEAN); changing affinities and tensions among ASEAN members; military progress or failure in the effort to destroy Al Qaeda; and the possible involvement of East Asian contingents in a UN-brokered arrangement for the stabilization of Afghanistan. Simon SC Tay teaches international law at the National University of Singapore. He was selected for three terms as a Nominated Member of the Singapore Parliament. His many publications include A New ASEAN in a New Millennium (2000); Preventive Diplomacy and the ASEAN Regional Forum (1999); and "Towards a Singaporean Civil Society," in Southeast Asian Affairs 1998. He also writes stories and poems; his 1991 book, Stand Alone, was short-listed for the Commonwealth Prize. In 2000 the World Economic Forum named him a "global leader of tomorrow."

Daniel and Nancy Okimoto Conference Room

Simon SC Tay Chairman Speaker Singapore Institute of International Affairs
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