Business
0
Corporate Affiliate Visiting Fellow, 2017-18
jiangbo_lu.jpg

Jiangbo Lu is a corporate affiliate visiting fellow at the Walter H. Shorenstein Asia-Pacific Research Center (Shorenstein APARC) for 2017-18.  He has worked at China Petroleum Technology and Development Corporation (CPTDC), an affiliate of PetroChina Company Ltd., for 25 years.  As the Vice President of CPTDC, he is in charge of project management and market development.  He received his BA at Shanxi Finance and Economics University and his MBA at Peking University.  

Paragraphs

President Donald Trump ascended to office with an estimated $3.5 billion of personal wealth tied up in his global real estate empire. This has raised a variety of concerns about conflicts of interest, particularly the potential for cronyism and corruption. But the greatest danger is that U.S. foreign policy will be fundamentally distorted by the president’s business interests. We face what might be dubbed a “nepotist peace”: The United States will avoid any conflict that puts a Trump Tower, the embodiment of his familial business empire, at risk.

All Publications button
1
Publication Type
Commentary
Publication Date
Journal Publisher
Foreign Policy
Authors
Phillip Lipscy
-

Chile, being positioned on the Pacific-facing rim of South America, has a natural tendency toward Asia, not only geographically, but also politically, culturally and economically. Mr. Maruicio Rodriguez from the Chile Pacific Foundation, a public-private partnership established by the Chilean government that seeks to deepen Chile’s ties with Asia, will discuss the country’s innovation and entrepreneurship ecosystem, including an analysis of promotion strategies, financing conditions and policy challenges.

 

Mauricio Rodriguez has been the head of projects and content at Chile Pacific Foundation since August 2016. He is responsible for managing contents produced by the Foundation, including research, digital strategy and conferences and events, overseeing both planning and production. He also serves as an ABAC-Chile staffer and often represents the Foundation as conference speaker/moderator. As a journalist and a communications professional, he has accumulated vast experience in the media industry and in the public relations/affairs industry, where he represented private interests before moving to public administration, the legislature and the judiciary. He has significant experience in the financial industry after working in the investment banking sector and being a financial journalist for almost two decades.

 

Mauricio Rodriguez <i>Chile Pacific Foundation</i>
Seminars
News Type
Commentary
Date
Paragraphs

President Trump hosted Chinese President Xi Jinping last week at Mar-a-Lago for their first meeting which set out to address economic, trade and security challenges shared between the two countries. Shorenstein Asia-Pacific Research Center (APARC) experts offered analysis of the summit to various media outlets.

In advance of the summit, Donald K. Emmerson, an FSI senior fellow emeritus and director of the Southeast Asia Program, wrote a commentary piece urging the two leaders to prioritize the territorial disputes in the South China Sea in their discussions. He also suggested they consider the idea of additional “cooperative missions” among China, the United States and other countries in that maritime area.

“A consensus to discuss the idea at that summit may be unreachable,” Emmerson recognized in The Diplomat Magazine. “But merely proposing it should trigger some reactions, pro or con. The airing of the idea would at least incentivize attention to the need for joint activities based on international law and discourage complacency in the face of unilateral coercion in violation of international law.”

Kathleen Stephens, the William J. Perry Fellow in Shorenstein APARC’s Korea Program, spoke to the Boston Herald about U.S. policy toward North Korea and a potential role for China in pressuring North Korea to hold talks about denuclearization. She addressed the purported reports that the National Security Council is considering as options placing nuclear weapons in South Korea and forcibly removing North Korean leader Kim Jong-un from power.

“The two options have been on the long list of possible options for a long time and they have generally been found to have far too many downsides,” Stephens said in the interview.

Writing for Tokyo Business Today, Daniel Sneider, the associate director for research at Shorenstein APARC, offered an assessment of the summit. He argued that two events - the U.S. airstrike on an airbase in Syria following the regime's chemical weapons attack and the leaked reports about tensions between White House staff - shifted the summit agenda and sidelined, at least for now, talk of a trade war between China and the United States.

“Instead of a bang, the Mar-a-Lago summit ended with a whimper,” Sneider wrote in the analysis piece (available in English and Japanese). “On the economy, the summit conversation was remarkably business-as-usual, with President Trump calling for China to ‘level the playing field’ and a vague commitment to speed up the pace of trade talks. When it came to North Korea…the two leaders reiterated long-standing goals of denuclearization but ‘there was no kind of a package arrangement discussed to resolve this.”

Hero Image
xi tillerson
U.S. Secretary of State Rex Tillerson talks with Chinese President Xi Jinping upon his arrival on April 6, 2017, to West Palm Beach, Florida. | Getty Images/Joe Raedle
All News button
1
Authors
Lisa Griswold
News Type
News
Date
Paragraphs

The Association for Southeast Asian Nations (ASEAN), a coalition of 10 Southeast Asian countries formed to promote regional development and security, will mark its 50th anniversary this year. While ASEAN’s longevity is a cause for celebration, it also calls for creative introspection regarding what it can and should do, according to Southeast Asia Program Director Donald K. Emmerson.

“There is a lot that ASEAN cannot do in its present form, under its present leaders, and in presently China-challenged conditions. Yet no one could objectively scan ASEAN’s first fifty years and conclude that the organization has remained the same – once a cow, always a cow.

“Whatever ASEAN does become, its alternative futures should be considered now, carefully and creatively, while there is still time to prefer one scenario over the others and to follow up with steps that make it more likely,” he writes in a paper featured in the February edition of TRaNS: Trans-Regional and -National Studies of Southeast Asia.

ASEAN, he says, needs to reexamine its goals and consider new means to achieve them, to brainstorm better ways of protecting its region from external control, and to reevaluate the nature and efficacy of the “ASEAN Way,” including its self-paralyzing commitment to unanimity as a precondition for collective action.

That commitment has already been breached for economic policy arrangements that allow a “two-speed ASEAN” to exist, where for less developed members, deadlines for economic reform are postponed, while for all other members, the deadlines remain unchanged. So, why not adapt that idea to regional security initiatives as well?

According to Emmerson, the Southeast Asia region is being threatened by China’s efforts to control land features in the South China Sea for the purposes of projecting coercive power. China uses the ASEAN Way’s requirement of consensus by promising economic support to specific ASEAN members in hopes of coopting them into vetoing any move by ASEAN to counter China’s campaign in the South China Sea.

Abetting China’s expansion, he says, are the rival claims to maritime sovereignty by some of ASEAN’s own members. Their failure to settle their own disagreements precludes the bargaining power that a unified ASEAN might bring to the table in talks with China.

Emmerson, who addressed these matters at Stanford in March, argues that a more innovative ASEAN will lead to a more secure region.

Regarding the South China Sea, for example, ASEAN could encourage an effort by its four claimant members to settle their own differences first by drafting an ASEAN agreement, signing it and presenting it to China to sign as well. Even if China refuses, at least ASEAN would have established a common position among the ASEAN countries most directly concerned.

In the paper, he discusses several ways of restructuring ASEAN. They include:

  • ASEAN minus X: A subset of ASEAN members would move ahead on economic or security arrangements with the understanding that the remaining subset would join later.
  • ASEAN Pacific Alliance: ASEAN would work with Chile, Colombia, Mexico and Peru to create a coalition that would strengthen ASEAN’s trans-Pacific ties.
  • East Asia Summit (EAS): ASEAN would try to elevate this annual gathering of leaders, including China and the United States, into a capstone venue for cooperation on regional security.

Emmerson also urges outside observers to generate innovative policy proposals related to ASEAN and present them for discussion informally or in Track II dialogue formats.

“It’s time for ASEAN watchers to generate ideas for the grouping to consider, including initiatives that could be pursued by one, two or more member countries,” he said in a later interview. “The creative involvement of scholars, journalists, businesspeople and other analysts inside member states could socialize such proposals in local policy circles to make them better known and more feasible.”

In line with this vision, Emmerson is co-organizing a trilateral workshop on ASEAN reform, regional security, infrastructure building and economic regionalism. Hosted by the Shorenstein Asia-Pacific Research Center (APARC) and planned for this fall, it will evaluate proposals on these topics generated or compiled by Shorenstein APARC’s Southeast Asia Program and U.S.-Asia Security Initiative; the S. Rajaratnam School of International Studies in Singapore; and the Strategic and Defense Studies Centre in Canberra. Details about the conference will be posted in the coming months.

Hero Image
asean flags
Flags of member states of the Association of Southeast Asian Nations (ASEAN). | iStock/Getty Images
All News button
1
Paragraphs

The Japan Program at Stanford’s Shorenstein Asia-Pacific Research Center (APARC), with the generous support of the United States-Japan Foundation and Japan Society for the Promotion of Science, held a conference in November 2016 titled “Womenomics, the Workplace, and Women.” The report, which is an outcome of the conference, offers an analysis of the state of women’s leadership and work-life balance in Japan and the United States, and specific actions that Japanese government stakeholders, corporations, start-ups, and educational institutions can take to address gender inequality in Japan.

All Publications button
1
Publication Type
Brochures
Publication Date
Journal Publisher
Japan Program at the Shorenstein Asia-Pacific Research Center
News Type
News
Date
Paragraphs

The Japan Program at the Shorenstein Asia-Pacific Research Center (APARC), in collaboration with the United States-Japan Foundation and Japan Society for the Promotion of Science, has published a report with findings from the inaugural conference, Womenomics, the Workplace, and Women, held in November 2016.

The two-day conference, which gathered 20 speakers and a substantial audience at Stanford, initiated dialogue about women’s leadership and work-life balance in Japan and the United States and encouraged the formation of a cross-sector network of experts seeking to build pathways to advance opportunity for women in both countries.

“The conference provided a unique opportunity for a diverse group of individuals to come together and explore how to tackle challenges that women continue to face on both sides of the Pacific,” said Mariko Yoshihara Yang, a visiting scholar and Japan Program Fellow at Shorenstein APARC, who organized the conference. “I believe the knowledge, perspectives and networks shared will go far beyond the two days we convened at Stanford, and make a valuable contribution to the movement to achieve gender equality and revitalize the Japanese economy.”

The conference report includes a set of actions that Japanese and American policy researchers and practitioners can pursue to promote women's leadership. A statement with the actions is arranged by organization type and published directly below.

Download the statement and full report.


Ten Actions Japan can take to Promote Women’s Leadership

Authors: Shelley Correll, Diane Flynn, Ari Horie, Atsuko Horie, Takeo Hoshi, Rie Kijima, Chiyo Kobayashi, Sachiko Kuno, Mitsue Kurihara, Kenji Kushida, Yoky Matsuoka, Emily Murase, Nobuko Nagase, Akiko Naka, Mana Nakagawa, Yuko Osaki, Machiko Osawa, Myra Strober, Kenta Takamori, Kazuo Tase, Mariko Yoshihara Yang

Government

The Japanese government should establish concrete measures to achieve targets stipulated in the Fourth Basic Plan for Gender Equality, which was approved by the Japanese Cabinet on December 25, 2015, and went into effect in April 2016. The following reforms will help promote this process and distribute benefits to all workers equally. A special emphasis was placed on ensuring versatility across many sectors.

1. Abolish the income tax deduction and social security premium exemption for dependent spouses and increase family care allowance. The spousal exemptions that allow income tax breaks and social security premiums discourage many married women from seeking full-time employment. The Japanese government has recently proposed to scale back the spousal tax break by raising the annual threshold from ¥1.03 to ¥1.5 million or less starting in 2018. However, this incremental measure will act only as a short-term solution. Japan needs a conclusive solution to best utilize women as the workforce. By completely eliminating the spousal exemption and providing family care allowance, more women will be incentivized to take on full-time and leadership positions in the workplace. Families with young children and aging parents will be compensated with family care allowance.

2. Expand the scope of corporate disclosure on gender equality and establish a “Women’s Empowerment Index.” The public database on gender equality, launched by the Cabinet Office in 2014 and administered by the Ministry of Health, Labor and Welfare since 2016, remains limited in its scope and scale. The government should add more substantial measures in the rubric such as hours of overtime work and “re-entry/on-ramping” rate of women, and mandate the reporting requirement. Based on the expanded database, the government should calculate a Women’s Empowerment Index and issue certifications to people with high ratings. The index would be embedded in the parameters for stakeholder decision-making and provide financial incentives for corporations to sustain a more diverse work environment.

Large Corporations

To increase women’s participation in the workplace, companies need to eliminate gender-based stereotypes in hiring and promotion practices, encourage more women to pursue full-time positions, and support women who seek to re-enter the labor force after temporary leave. Large corporations in Japan can take the following actions to lead these changes:

3. Scrutinize the yardsticks used for recruitment and promotion, and eliminate evaluation criteria that systematically sorts out certain candidates. Companies need to provide training to mid-career managers and top leaders to address unconscious biases in the workplace. It is critical to ensure a level-playing field for women and men.

4. Introduce a legal ceiling and penalties for overtime work and lift compulsory job transfers that disrupt family life. This will help change the prevailing work culture of devotion and self-sacrifice. Companies should consider decentralizing personnel administration so local offices will more closely monitor individual needs and preferences of employees’ and reflect them into their career trajectories. Such reforms will encourage more women to apply for full-time employment and leadership opportunities while reducing premature resignations of women with families.

5. Create a mandate for departments to establish and provide clear job descriptions for each position to ensure consistency across departments. This would allow employees to better articulate their skill sets when seeking new job opportunities within organizations or when they re-enter the labor market after taking breaks in their careers. In the long term, this will help Japan develop a more robust external labor market that promotes mobility between organizations and across sectors, not just within companies.

6. Create clear evaluation criteria for women with specialized careers and raise their visibility within and outside the organization. Visibility of an employee’s technical skills is known to influence her or his prospect for advancement. When women propose ideas based on their specialization, they should employ “amplification” techniques, where they repeat each other’s ideas to increase their credibility during meetings and brainstorming sessions. Corporate leaders should also make a point of acknowledging their expertise and vouch for their competence. Large corporations should facilitate their promotion to manager and board member positions.

Start-ups

Although women are still underrepresented in entrepreneurial leadership positions, the gender gap is less severe in the startup sector than in large corporations. Thus, promotion of entrepreneurship in general will increase the chances for women’s empowerment and leadership.

7. Create platforms to catalyze startups led by women and raise the visibility of successful female entrepreneurs. There should be a platform where novice and experienced entrepreneurs can interact. Routine exchange among successful female founders and aspiring entrepreneurs will help build a community that catalyzes women-led startups as they try to turn ideas into full-time businesses. Similarly, there should be a platform where female leaders in small startups and large corporations meet regularly to provide mutual mentorship. Corporate executives could learn the latest business trends while female entrepreneurs expand their professional networks.

8. Expand policies to encourage a culture of entrepreneurship with specific incentives for female entrepreneurs. The government should consider increasing the public funding for startups led by women and provide robust legal support for female entrepreneurs. Increased assistance to incubators and accelerators, specializing in supporting female founders, would also contribute to women’s empowerment.

Educational Institutions

Educational institutions play a key role in creating knowledge to ensure gender equality, promoting awareness and nurturing a bias-free mindset among young people. Furthermore, women’s advancement in education generally yields greater participation in the economy and society. Recent advancements have created a reversal among the OECD countries. More than half of all students graduating from secondary and higher education are female; however, Japan is still behind. The following two initiatives will help close the gap:

9. Strengthen gender equality promotion office at educational institutions. This includes hiring a dedicated diversity officer, who will help universities conduct gender analyses of leadership posts and monitor women in academic leadership positions. Furthermore, universities should introduce family friendly policies to support young faculty members. When faculty members take parental leave, universities should provide funding for temporary staff to lay the groundwork for their return. In addition, academic conferences held at universities should provide childcare services for out-of-town participants.

10. Create continuing education centers to offer certificate programs to provide skills and training for women and men looking to re-enter the workforce. The programs could provide specialized knowledge as well as skill development including self-assessment, counseling, resume-building, practice interviewing, and unconscious bias training. This will allow workers access to education and support throughout their onboarding process and transition into the workplace. These centers should also provide career services to match qualified workers with potential employers.

Hero Image
womenomics conference report headline
Rod Searcey
All News button
1
-

Image
Martin Kenney is a Distinguished Professor of Community and Regional Development at the University of California, Davis; a Senior Project Director at the Berkeley Roundtable on the International Economy; and Senior Fellow at the Research Institute for the Finnish Economy.  He has been a visiting scholar at the Copenhagen Business School, Cambridge, Hitotsubashi, Kobe, Stanford, Tokyo Universities, and UC San Diego. His scholarly interests are in entrepreneurial high-technology regions, technology transfer, the venture capital industry, and the impacts of online platforms on corporate strategy, industrial structures and labor relations. He co-authored or edited seven books and 150 scholarly articles. His first book Biotechnology: The University-Industrial Complex was published by Yale University Press. His most recent edited books Public Universities and Regional Growth, Understanding Silicon Valley, and Locating Global Advantage were published by Stanford University Press where he edits the book series Innovation and Technological Change in the Global Economy.  His co-edited book Building Innovation Capacity in China was published by Cambridge University Press in 2016 and has been translated into Chinese. He is a receiving editor at the world’s premier innovation research journal, Research Policy and edits a Stanford University book series.  In 2015, he was awarded University of California Office of the President’s Award for Outstanding Faculty Leadership in Presidential Initiatives.  His research has been funded by the NSF, the Kauffman, Sloan, and Matsushita Foundations, among others.  He has given over 500 talks at universities, government agencies, and corporations in Europe, Asia, and North and South America.

Agenda

4:15pm: Doors open
4:30pm-5:30pm: Talk and Discussion
5:30pm-6:00pm: Networking

 

 

Martin Kenney, Professor of Community and Regional Development, University of California, Davis and Senior Project Director, Berkeley Roundtable on the International Economy
Seminars
Authors
Lisa Griswold
News Type
News
Date
Paragraphs
The future of relations between China and the United States depends on the readiness of both governments to focus on resolving shared challenges, longtime journalist John Pomfret said at the Shorenstein Asia-Pacific Research Center (APARC) last Wednesday.
 
“The reality of the U.S.-China relationship is collaboration and competition,” said Pomfret, who served for 15 years as a foreign correspondent, describing the nature of interaction between the two countries that began to normalize relations in 1972.
 
Pomfret's remarks were delivered at a colloquium entitled, “The United States and China in the Era of Donald Trump,” which explored the unorthodox approach Donald Trump took during his campaign on a range of issues related to China, and implications for the bilateral relationship now that Trump has assumed the U.S. presidency.
 
Pomfret over the course of his journalism career spent seven years covering China, including during the 1989 Tiananmen Square protests and from 1998 through 2003 as the bureau chief for the Washington Post in Beijing, and recently authored the book, The Beautiful Country and the Middle Kingdom, which examines U.S.-China relations from 1776 to the present. He won the 2007 Shorenstein Journalism Award, an annual honor conferred to a journalist who produces outstanding reporting on Asia.
 
“It’s clear that a new type of reciprocity is needed to right the balance in the U.S.-China relationship, but just whether Trump and his team have the wherewithal to do it…is very much an open question,” he said.
 
Trump continues to promise to restore manufacturing jobs in the United States, but fulfillment of that promise could come in conflict with its trade relationship with China, where much manufacturing of U.S. products takes place, he said.
 
Equally important in the U.S.-China relationship is how to address North Korea and its nuclear weapons and ballistic missiles program, which remains an “extremely complicated” and pressing situation, he said.
 
Pomfret expressed uncertainty about the Trump administration’s capacity to change China’s position from the status quo, which has long supported the North Korean regime by way of trade and relaxed implementation of U.N. sanctions despite repeated provocations.
 
Yet, amidst the vague foreign policy positions projected by Trump toward China, “there is one positive, and that is that he has the Chinese off-balance,” Pomfret admitted.
 
For Pomfret, his appearance at Stanford was a bit of a homecoming; he spoke to an audience of 200 faculty, students and community members at the colloquium sponsored by the China Program and Center for East Asian Studies, the center from which he received his master’s degree in 1984.
 
Asked about the future of China and its governance, he noted that today’s China is markedly different than when he was there in the 1980s studying as a student, and later, working as a journalist. The generational changes are stark, said Pomfret, relaying a sense of optimism that the country would become more democratic over time.
 
“The amount of personal freedoms that the average Chinese person has has expanded exponentially. I think the desire of Chinese people to have more agency over their lives will continue to grow – that’s clear.”
 
Innovation will be a determinant of China’s future growth, said Pomfret, coupling the idea that societies that have knowledge-driven economies typically demand more freedoms. Without innovation, China will fall into the middle-income trap, he said, “I don’t think they want to be there; they are an incredibly proud nation.”
 
Hero Image
china uscapital reuters
Reuters/Hyungwon Kang
All News button
1
Subscribe to Business