Investment

This is a research study on how the transition to appropriate power pricing mechanisms in Andhra Pradesh might be managed. Its objectives are to develop fact-finding and analytical mechanisms and to use them to recommend satisfactory, workable paths that would balance the interests of all of the major stakeholders in electric power supply reform, recognizing that practical solutions cannot be obtained by sound economic analysis alone.

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When Taiwan's government launched Hsinchu Science-based Industrial Park Project in 1979, the objectives were three fold: to revitalize the country's economic growth, to establish its indigenous high-tech base, and to slow down the (then) serious brain drain problem. After extensive consultations, study tours, and careful evaluation, a strategy was adopted to emulate Silicon Valley. The key ingredients of the strategy were to establish favorable investment and living environments for high tech entrepreneurs, to lure back some expatriate brain power, and to train more science and engineering graduates. The initial plan involved a 10-year, $500 million government fund to develop a nearly 600 hectare science park in Hsinchu, where two prestigious universities and a government funded research institution already were located. The Taiwanese government established a Hsinchu Science-based Industrial Park Administration in 1979 to execute this plan. What has happened during the past 20 years? The current status of the Hsinchu Park will be presented to substantiate the original plan and strategy. Dr. Irving T. Ho currently serves as Chairman of the Board of EiC Corp. His distinguished career includes serving as the first Director General of the Hsinchu Science-Based Industrial Park, President and CEO of International Integrated System, Inc., Vice Chairman of Taiwan's National Science Council, and senior manager and award winning researcher at IBM's East Fishkill Laboratory. Holder of 34 US patents, Dr. Ho received his M.S. and Ph.D. degrees in Electrical Engineering from Stanford University.

Okimoto Conference Room, Encina Hall, East Wing, Third Floor

Dr. Irving T. Ho Chairman of the Board Speaker EiC Corporation

The Vietnam IT Forum 2001 will present an overview of Vietnam's infomation technology industry and its potential for U.S. participation. The conference showcases the emergence of Vietnam, particularly the technology sector and fetures the opportunities and challenges presented by these developments. The conference will examine the Bilateral trade Agreement, along with opportunities in softwre development, multimedia, telecommunications, networking, Internet/e-business, outsourcing, and foreign direct investment and financing. To indicate your interest in attending, please contact Q. Huy D. Do, Attorney-at-Law, Squire, Sanders & Dempsey LLP. Tel: 415-954-0343, Fax: 415-391-2493, Email: qdo@ssd.com ***** THIS EVENT IS BY INVITATION ONLY. *****

Bechtel Conference Center, Encina Hall (5/17) and Sun Microsystems, Menlo Park (5/18)

Conferences
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Inside Burma, the armed forces have established a chokehold on political power unrivalled in the world. The latest incarnation of junta rule emerged in 1988 following the bloody repression of a nationwide pro-democracy movement. Yet despite international revulsion, today's generals have barely been touched by its effects: the suspension of international economic assistance; the imposition of an arms embargo; and bans on new investment in Burma by Western firms. Over four decades of military rule, there have been rumors of in-fighting among officers, and of mutinies and desertions by foot soldiers. Many have concluded from such reports that the regime must inevitably fall. So far, however, such thoughts have been wishful. While elsewhere in Southeast Asia authoritarian regimes have crumbled, in Burma the junta has endured. How have Burma's generals managed to sustain their dominance for so long? Why hasn't the country's democratic opposition been able to wrest power from this regime? And why have international sanctions and prodding so utterly failed to break the stalemate in Rangoon? Mary Callahan is Assistant Professor at the University of Washington's Jackson School of International Studies. She received her PhD in Government at Cornell University in 1996. Among her many writings are chapters civil-military relations in Burma scheduled to appear in Soldier and State in Asia (Stanford University Press, 2000) and Burma: Strong State/Weak Regime (Crawford House, 2000). Fluent in Burmese, Prof. Callahan also teaches, lectures widely, and serves as a consultant to the United Nations on political conditions in Burma.

Okimoto Conference Room, Encina Hall, East Wing, Third Floor

Mary Callahan Assistant Professor of International Studies Speaker University of Washington

No longer in residence.

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R_Dossani_headshot.jpg PhD

Rafiq Dossani was a senior research scholar at Stanford University's Shorenstein Asia-Pacific Research Center (Shorenstein APARC) and erstwhile director of the Stanford Center for South Asia. His research interests include South Asian security, government, higher education, technology, and business.  

Dossani’s most recent book is Knowledge Perspectives of New Product Development, co-edited with D. Assimakopoulos and E. Carayannis, published in 2011 by Springer. His earlier books include Does South Asia Exist?, published in 2010 by Shorenstein APARC; India Arriving, published in 2007 by AMACOM Books/American Management Association (reprinted in India in 2008 by McGraw-Hill, and in China in 2009 by Oriental Publishing House); Prospects for Peace in South Asia, co-edited with Henry Rowen, published in 2005 by Stanford University Press; and Telecommunications Reform in India, published in 2002 by Greenwood Press. One book is under preparation: Higher Education in the BRIC Countries, co-authored with Martin Carnoy and others, to be published in 2012.

Dossani currently chairs FOCUS USA, a non-profit organization that supports emergency relief in the developing world. Between 2004 and 2010, he was a trustee of Hidden Villa, a non-profit educational organization in the Bay Area. He also serves on the board of the Industry Studies Association, and is chair of the Industry Studies Association Annual Conference for 2010–12.

Earlier, Dossani worked for the Robert Fleming Investment Banking group, first as CEO of its India operations and later as head of its San Francisco operations. He also previously served as the chairman and CEO of a stockbroking firm on the OTCEI stock exchange in India, as the deputy editor of Business India Weekly, and as a professor of finance at Pennsylvania State University.

Dossani holds a BA in economics from St. Stephen's College, New Delhi, India; an MBA from the Indian Institute of Management, Calcutta, India; and a PhD in finance from Northwestern University.

Senior Research Scholar
Executive Director, South Asia Initiative
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The currency crisis that started in Thailand in the summer of 1997 was followed by repercussions on the currencies of neighboring countries, culminating in a crisis infecting most countries in East Asia. Japan and China, which have developed strong ties with the rest of Asia through trade and investment, have not been exempted from this contagion. This paper looks at the latest currency crisis in Asia from the perspectives of these two regional giants.

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There are huge discrepancies between the official Chinese and U.S. estimates of the bilateral trade balance. The discrepancies are caused by different treatments accorded to re-exports through Hong Kong, re-export markups, and trade in services. Deficit-shifting between China, on the one hand, and Hong Kong and Taiwan, on the other, due to direct investment in China from Taiwan and Hong Kong, is partly responsible for the growth in the China–United States bilateral trade deficit. The 1995 China–United States bilateral balance of trade in goods and services, adjusted by both re-exports and re-export markups, may be estimated as US$23.3 billion, a large deficit but considerably smaller than the often-cited official U.S. figure of US$33.8 billion.

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This volume, composed of nine provocative chapters by prominent Chinese specialists, analyzes Chinese economic change — the break-up of collective farming, the growth of private commerce, and the decentralization of industry.

Ezra Vogel contrasts the potential of China to industrialize with the rapid post-war industrial breakthroughs made by Japan, Taiwan, and South Korea. He believes China, despite starting with a lower average income and lower educational level than these other east Asian nations, possesses the drive and determination to make rapid industrial progress before the mid-21st century.

David Zweig explores the dilemmas which result from continued regulatory controls on some sectors of the Chinese rural economy combined with deregulation of other sectors.

The Chinese village receives the keen attention of Thomas Gold and Jean C. Oi. Gold examines "decollectivization" in terms of how village leadership continues to maintain the power of the collective over the peasants and the nature of peasant "entrepreneurship" that has emerged. Oi suggests that diversification and particularly the industrialization of the village economics following reforms allow the collective to endure as an entity but with a different character.

  • Ramon H. Meyers focuses on how the significance of the CCP's decision to initiate new economic reforms, first in 1978 and again in 1984, will influence the overall economic development in China. Robert Dernberger assesses the rate and structure of Chinese economic growth.
  • Justin Yifu Lin explores the agricultural expansion during 1980 and 1984 as a result of the household responsibility system reform. The impact of the reform on saving and investment mechanisms receives the attention of Bruce Reynolds.
  • Dorothy Solinger discusses Wuhan's comprehensive urban economic reform in terms of decentralization, leasing, stocks, bonds, bankruptcy, manager responsibility, markets, and trade centers.
  • Victor C. Falkenheim explores China's efforts at decentralization of the economy through fostering regional reforms.

These authors, through their explorations and observations of China's efforts at reform, present a dynamic picture of change. However, they have not overlooked the staggering problems facing China's advancement into the 21st century. The China specialists who contributed to this volume provide a comprehensive view of China's path toward full industrialization.

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Paragon Press: "Chinese Economic Policy"
Authors
Jean C. Oi
Number
0943852706
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