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In China, market institutions are still being developed and private owned enterprises need help to overcome obstacles arising from the imperfection of market institutions. Such help can come from various levels of the government or state-owned enterprises. It is believed that such help is more likely if a major shareholder of the private enterprise has formed a joint venture with a state shareholder, either directly or indirectly. In this talk, Bai Chong-en will discuss ownership connections among state and private investors (ultimate shareholders) and their changes overtime. He will also examine the relationship between the degree of such connection and some important characteristics of the investors. His model suggests that such connections have played an important role in the growth of the private sector. 

BAI Chong-En is the Mansfield Freeman Chair Professor and dean of the School of Economics and Management of Tsinghua University. He is also the director of both the National Institute for Fiscal Studies of Tsinghua University and the Institute for State-Owned Enterprises of Tsinghua University. He earned his PhD degree in economics from Harvard University. His research areas include institutional economics, economic growth and development, public economics, finance, corporate governance, and Chinese economy.

BAI is a member of the National Committee of the Chinese People’s Political Consultative Conference, the “14th Five-Year Plan” National Development Planning Expert Committee, the Chinese Economists 50 Forum, the China Finance 40 Forum, and Chinainfo 100. He was a member of the monetary policy committee of the People’s Bank of China from 2015 to 2018. He served as Adjunct Vice-President of Beijing State-Owned Assets Management Co., Ltd. from August 2011 to December 2012. He was a non-resident senior fellow of the Brookings Institution from 2006 to 2007.

 

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This event is part of the 2022 Winter webinar series, The Future of China's Economy, sponsored by the APARC China Program.

 

Few aspects of society are being transformed by technology more than health and medical care, with health systems challenged to finance and deliver affordable access to a burgeoning array of technologies enabling longer, healthier lives. Three speakers will address different and complementary aspects of how several Asian health systems create, evaluate, and regulate transformative technologies. Dr. Masuda’s research probes policies governing domestic and cross-border control and sharing of genetic information for medical innovation. Dr. Ahn will discuss health technology assessment (HTA) for pricing and reimbursement decisions in South Korea, where there is a young yet established HTA program, compared to Japan, where a 3-year HTA pilot program has just concluded, and China, where HTA efforts are underway but have not been formally implemented. Finally, Dr. Ho will discuss the emergence of digital medicine enabling N-of-1 regimen design for patients. Truly individualizing patient treatment requires addressing a series of challenges, from dynamic patient response to treatment regimens, to accounting for drug synergies in combination therapies which can be dose-dependent, time-dependent, and patient-specific, such as in oncology. Dr. Ho will summarize several clinical studies aiming to increase accessibility to personalized, precision medicine while reducing healthcare costs.

Sachiko Masuda is a Visiting Scholar at the Walter H. Shorenstein Asia-Pacific Research Center (Shorenstein APARC) for the 2021-22 academic year and an Associate Professor at the University of Tokyo, Research Center for Advanced Science and Technology.  Masuda is dedicated to the study of legal systems, regulations, infrastructure and industrial structures necessary for advances in technology and a safer society, especially in the pharmaceutical and medical fields. At Shorenstein APARC, she is conducting a comparative Japan-U.S. study on "Human Genetic Information for Medical Innovation: Examining Policy Issues Related to Ensuring Domestic and Transnational Sharing and Management" supported by the ABE Fellowship Program of the Social Science Research Council. Masuda received a Ph.D. (specializing in intellectual property law) in 2006 and a B.S. in Pharmaceutical Sciences in 1997 from the University of Tokyo.

Dr. Jeonghoon Ahn is a full professor at the Ewha Womans University (Seoul, Korea) and an adjunct fellow at the National Evidence-based healthcare Collaborating Agency (NECA), Seoul, Korea. He is an expert on health technology assessment (HTA) and health economics. He worked 7 years in NECA and served in various decision making and advisory committees of public agencies such as the Health Insurance Review and Assessment Services (HIRA) and the Korean Centers for Disease Control (KCDC). Professor Ahn has graduated the Seoul National University Department of International Economics for undergraduate and master program. He also received a PhD in Economics from the University of Southern California (USC) and was an assistant professor of pharmaceutical economics and Policy at the USC. Dr. Ahn has served on many international professional organizations such as ISPOR, HTAi, INAHTA, and HTAsiaLink. He is the Chair of the ISPOR Asia Consortium (2020-2022) and was a president of ISPOR Korea Chapter (2012-2014). Dr. Ahn was elected as a board director of the Health Technology Assessment International (HTAi) (2014-2016) and a board director for the International Network of Agencies for Health Technology Assessment (INAHTA) for three times (2012-2016). He also contributed to form a regional Health Technology Assessment agency network, the HTAsiaLink (www.htasialink.org), along with other experts in the region.

Professor Dean Ho is currently Provost’s Chair Professor, Director of The N.1 Institute for Health (N.1), Director of The Institute for Digital Medicine (WisDM) and Head of the Department of Biomedical Engineering at the National University of Singapore. Prof. Ho and collaborators successfully developed and validated CURATE.AI, a powerful digital medicine platform that has optimized human treatment for broad indications ranging from oncology to infectious diseases. He co-led the first inhuman clinical trials that have resulted in completely halted disease progression and durable patient responses that substantially outperformed standard of care approaches. Prof. Ho is a Fellow of the US National Academy of Inventors (NAI), the American Institute for Medical and Biological Engineering (AIMBE), and the Royal Society of Chemistry. He was also recently named to the HIMSS Future50 Class of 2021 for his internationally-recognised leadership in digital health. His discoveries have been featured on CNN, The Economist, National Geographic, Forbes, Washington Post, NPR and other international news outlets. Prof. Ho is also a Subgroup Lead in the World Health Organization (WHO)-ITU AI for Health Working Group for Regulatory Considerations. Prof. Ho is a recipient of the Tech Heroes from Crisis Pathfinder Award from the Singapore Computer Society, NSF CAREER Award, Wallace H. Coulter Foundation Translational Research Award, and V Foundation for Cancer Research Scholar Award, among others. He has also served as the President of the Board of Directors of the Society for Laboratory Automation and Screening (SLAS), a 26,000+ member global drug development organization.

This event is part of the 2022 Winter webinar series, New Frontiers: Technology, Politics, and Society in the Asia-Pacific, sponsored by the Walter H. Shorenstein Asia-Pacific Research Center.

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At the end of 2021 China Evergrande Group—one of China’s biggest property developers—finally defaulted on its bonds. The default didn’t spark a Lehman Moment—as widely prophesied—or any significant market upheaval, but it’s increasingly clear that Evergrande’s problems mark the start of a momentous shift in how China’s economy grows. Over the past 18 months, Beijing has induced a slowdown of the property sector with the goal of better ensuring financial sector stability and the sustainability of property sector growth. However, it has resulted in defaults, restructuring, and consolidation among China’s largest developers, and has implication for local government finance and the pace of economic growth. This talk will discuss the challenges posed by Evergrande’s decline and imminent restructuring, what Beijing is trying to achieve by reining in the property sector, and what risks are involved.

 

Dinny McMahon is the author of “China's Great Wall of Debt: Shadow Banks, Ghost Cities, Massive Loans, and the End of the Chinese Miracle,” a ground up look at the mechanics of China’s political economy, which he wrote while a fellow at the Woodrow Wilson Center for International Scholars. He later moved to MacroPolo, the Paulson Institute’s think tank in Chicago, where he researched China’s efforts to clean up its financial system. Dinny started his career as a financial journalist in China, spending six years in Beijing with The Wall Street Journal, and four years with Dow Jones Newswires in Shanghai, where he also contributed to the Far Eastern Economic Review. Dinny is currently working on a project for the Wilson Center on China’s efforts to reduce its reliance on the US dollar. He also provides independent research on China’s financial system for financial services firms.

 

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This event is part of the 2022 Winter webinar series, The Future of China's Economy, sponsored by the APARC China Program.

 

This is a virtual event. Please click here to register and generate a link to the talk. 
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How well is India postured to become a world leader in high technology, especially information and communications technology? India – like the United States – is engaged in an increasingly intense strategic competition with China, and recognizes that mastery of key technologies is a key dimension of that competition. As it seeks to selectively decouple from and reduce its reliance on China, does it have the wherewithal to develop its own high-technology ecosystem, and emerge as a key technology partner to the U.S.? This webinar will examine the key factors that would posture the country for technology competition, including national policy settings, education and research infrastructure, and international partnerships.

Speakers:

Edlyn V. Levine is the Chief Technologist for the MITRE Accelerator. She is responsible for accelerating technologies in partnership with the private sector and for promoting technologies for the public good. Dr. Levine is a research associate in the Physics Department at Harvard, faculty for executive education at the Harvard Kennedy School of Government, a visiting research scientist at the University of Maryland. Dr. Levine's scientific accomplishments have been recognized by the AFCEA 40 under 40 Award, the NDSEG Fellowship, and the NSF Graduate Research Fellowship. Dr. Levine received her M.S. and Ph.D. in Applied Physics from Harvard University.

Arogyaswami Paulraj is an Emeritus Professor at Stanford University. He is the inventor of MIMO (Multiple Input Multiple Output), which is the core technology in all modern wireless systems including 5G, 4G and WiFi. His recognitions include the USPTO - National Inventors Hall of Fame, Marconi Prize, IEEE Alexander G Bell Medal, and National Awards from the Govt. of India and PR China.  He is a member of several national academies including the US National Academy of Engineering and American Academy of Arts and Sciences. Paulraj founded three wireless tech companies that were later acquired by Intel, Broadcom, and Hewlett Packard Enterprises.

Trisha Ray is an Associate Fellow at the Center for Security, Strategy and Technology at the Observer Research Foundation in India. Her research focuses on geopolitical and security trends in relation to emerging technologies, including AI, 5G and critical minerals. Trisha is a member of UNESCO’s Information Accessibility Working Group, as well as a Pacific Forum Young Leader. Trisha completed her MA in Security Studies from the Walsh School of Foreign Service at Georgetown University.

Moderator:

Arzan Tarapore is the South Asia research scholar at the Shorenstein Asia-Pacific Research Center at Stanford University, where he leads the newly-restarted South Asia research initiative. He is also a senior nonresident fellow at the National Bureau of Asian Research. His research focuses on Indian military strategy and contemporary Indo-Pacific security issues. Prior to his scholarly career, he served as an analyst in the Australian Defence Department. Arzan holds a PhD in war studies from King’s College London. 

 

This event is co-sponsored by Center for South Asia

The Taliban’s shock takeover of Kabul in August 2021 has implications for South Asia far beyond Afghanistan’s borders. The Taliban does not have transnational political ambitions, but it is closely tied to the Pakistan security establishment, and its victory will resonate among other networks of terrorists. This webinar will explore the regional geopolitical consequences of the Taliban takeover. It will examine the Taliban victory’s impact on Pakistan’s regional strategy, on security in disputed Kashmir, on the role of China in the region, and on the trajectory of Islamist groups across the region.

Javid Ahmad is a senior fellow with the Atlantic Council and was, until recently, Afghanistan’s ambassador to the UAE. He was previously a nonresident fellow with the Modern War Institute at West Point and worked with U.S. defense contractors, where he provided counterterrorism/economic analysis to U.S. government and business clients on South Asia/Central Asia. He has worked for the Pentagon’s AfPak Hands, the German Marshall Fund in Washington, and NATO in Brussels. He has written for Wall Street Journal, Washington Post, Foreign Affairs, New York Times, Foreign Policy, The National Interest, The Hill, and CNN. He studied at Beloit College and Yale University.

C. Christine Fair is a Professor in the Security Studies Program within Georgetown University’s Edmund A. Walsh School of Foreign Service. Her most recent book is In Their Own Words: Understanding Lashkar-e-Tayyaba (OUP, 2019).  She has authored or co-edited several books, inter alia: Fighting to the End: The Pakistan Army’s Way of War (OUP, 2014); Pakistan’s Enduring Challenges (UPenn, 2015), Policing Insurgencies (OUP, 2014); Political Islam and Governance in Bangladesh (Routledge, 2010); Treading on Hallowed Ground: (OUP, 2008); The Cuisines of the Axis of Evil and Other Irritating States (GlobePequot, 2008).  She has a PhD from the University of Chicago, Department of South Asian Languages and Civilization. She causes trouble in Hindi, Urdu and Punjabi.

Avinash Paliwal is Senior Lecturer in International Relations and Deputy Director of the SOAS South Asia Institute. He specialises in South Asian strategic affairs. He is author of the much-acclaimed book My Enemy’s Enemy - India in Afghanistan from the Soviet Invasion to the US Withdrawal (2017), and is currently authoring a strategic history of India's near east. Avinash holds an MA and PhD in International Relations from King’s College London, and a BA (Hons) in Economics from the University of Delhi.

Moderator:

Arzan Tarapore is the South Asia research scholar at the Shorenstein Asia-Pacific Research Center at Stanford University, where he leads the newly-restarted South Asia research initiative. He is also a senior nonresident fellow at the National Bureau of Asian Research. His research focuses on Indian military strategy and contemporary Indo-Pacific security issues. He previously held research positions at the RAND Corporation, the Observer Research Foundation, and the East-West Center in Washington. Prior to his scholarly career, he served as an analyst in the Australian Defence Department, which included an operational deployment to Afghanistan. Arzan holds a PhD in war studies from King’s College London.

 

 All CISAC events are scheduled using the Pacific Time Zone. 

                      

About the Event: How do rising powers like China manage to build power in international systems dominated by one or more established great powers? International relations theory provides some answers, but most assume emulation of successful approaches. This paper leverages the established business literature on how new companies gain market share in markets dominated by established companies to develop a new theory of power accumulation. I argue that only under very narrow circumstances can rising powers build power and influence through emulation. Instead, China has built enough power over the past 25 years to be considered a great power competitor by doing things differently. Specifically, it exploits US blind spots, maneuvers in areas of strategic uncertainty and engages in entrepreneurial actions. I demonstrate that Chinese military strategy exhibits these components in its responses to key pillars of US foreign policy strategy like global power projection, foreign military intervention, and in conventional and nuclear posture decisions. The findings have significant implications for great power competition as well as for power transition theory.

 

About the Speaker: Oriana Skylar Mastro is a Center Fellow at the Freeman Spogli Institute for International Studies at Stanford University where her research focuses on Chinese military and security policy, Asia-Pacific security issues, war termination, and coercive diplomacy. She is also Non-Resident Senior Fellow at the American Enterprise Institute and an inaugural Wilson Center China Fellow. She continues to serve in the United States Air Force Reserve for which she works as a strategic planner at INDOPACOM. For her contributions to U.S. strategy in Asia, she won the Individual Reservist of the Year Award in 2016. She has published widely, including in Foreign Affairs, International Security, International Studies Review, Journal of Strategic Studies, The Washington Quarterly, The National Interest, Survival, and Asian Security. Her book, The Costs of Conversation: Obstacles to Peace Talks in Wartime, (Cornell University Press, 2019) won the 2020 American Political Science Association International Security Section Best Book by an Untenured Faculty Member. She holds a B.A. in East Asian Studies from Stanford University and an M.A. and Ph.D. in Politics from Princeton University. Her publications and other commentary can be found on twitter @osmastro and www.orianaskylarmastro.com.