Globalization
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The 8th Annual Koret Workshop

South Korea has become an economic powerhouse, but faces multiple challenges. The conference will focus on four areas that South Korea needs to turn its attention to: 1) the higher education and development; 2) entrepreneurship and innovation; 3) global competitiveness; and 4) demographic changes and immigration policy.

During the conference, a keynote speech is open to the public. Please click here for more information about the public keynote.

The Koret Workshop is made possible through the generous support of the Koret Foundation.

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Globalization has lifted more than one billion people out of extreme poverty, but as inequality and barriers to trade remain worldwide, improved trade standards are needed and the Trans-Pacific Partnership promises to be a primary conduit of those standards, America’s top trade official told a Stanford audience on Tuesday.

Ambassador Michael Froman, the U.S. Trade Representative, spoke of the merits of the multilateral trade agreement, known as the ‘TPP,’ in a speech given at the Freeman Spogli Institute for International Studies (FSI).

The TPP seeks to liberalize trade and investment between 12 Pacific Rim countries. Signed earlier this month, the document now faces the path to ratification through its members.

“In today’s rapidly globalizing world, the alternative to the TPP is not the status quo,” Froman told nearly one hundred affiliates and guests at the Bechtel Conference Center.

Froman cited efforts by various countries to build up alternative frameworks that promote free trade, but said they miss some components of stability and longevity that the TPP offers. For example, China’s 'one belt, one road' initiative and the Regional Comprehensive Economic Partnership, a negotiation between 16 Asian countries.

The TPP would serve as an important benchmark for countries seeking to expand economic gains from trade and to level up on common “rules of the road.” He said increase in exports to the United States alone is estimated at $350 billion a year.

“Smart trade agreements like the TPP are how we shape globalization the right way,” Froman said with a call for continued U.S. leadership on the matter.

President Obama has been a strong advocate of the agreement, in line with the administration’s ‘rebalance to Asia’ strategy. The rebalance is a regional strategy that aims to recognize the growing importance of the Asia-Pacific region to U.S. national interests.

Successful passage of the TPP will reassure allies in the region of American staying power, he said.

Countries outside of the TPP have begun to express interest in becoming a party to the agreement. South Korea, Taiwan, the Philippines and Indonesia are among them. Application to join the TPP is now closed, but we can “expect over time” that its membership would grow, he said.

At a 2013 conference, FSI scholars examined the potential impact on Taiwan should it seek membership. Outcomes from the conference are published in this report.

Froman said the TPP supports “commerce without borders” among key sectors in the United States, in particular, those found in and around Silicon Valley.

“No state stands to benefit more from the TPP than California,” he said.

Froman announced the release of a report that details TPP provisions focused exclusively on technology and intellectual property.

The event was hosted by the U.S.-Asia Security Initiative in association with FSI, the Shorenstein Asia-Pacific Research Center and the Stanford Institute for Economic Policy Research. The Initiative aims to facilitate constructive interaction between academic and governmental experts on security challenges facing the Asia-Pacific region.

Video from the event including Froman’s speech and the Q&A is available here.

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Ambassador Michael Froman, the U.S. Trade Representative, delivers remarks on the Trans-Pacific Partnership at Stanford on Feb. 16, 2016.
Rod Searcey
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This paper is examines the evolution of Japan’s capital markets and the related regulatory reforms after the Global Financial Crisis. We start by looking at the importance of capital markets in the Japanese financial system. We study how the size of financial flows through capital markets relative to those through the banking sector changed since the 1980s in Section 2. Then, in Section 3, we look at how Japan’s financial system responded to the Global Financial Crisis. We find that the disruption of the financial system in Japan was small. Section 4 then surveys the financial regulatory changes in Japan since the Global Financial Crisis. While the Japanese regulators tightened the regulation to improve the financial stability as the regulators in the U.S. and Europe did, they also continued the efforts to develop capital markets in Japan. The efforts continue and receive strong endorsement from Abenomics, which put an emphasis on economic structural reform to restore growth in Japan. We examine the capital market policies in Abenomics in Section 5. Section 6 concludes.

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Takeo Hoshi
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This conference aims to further our understanding of the institutional cultures, funding schemes and power structures underlying transnational institutions, with a particular focus on heritage bureaucracies. We bring together scholars working at the intersection of archaeology, anthropology, sociology and law to offer a broader understanding of the intricacies of multilateral institutions and global civic society in shaping contemporary heritage governance. Speakers will provide ethnographic perspectives on the study of international organizations, such as the UN and EU, in an effort to show the entanglement of political and technical decision-making.

A 2-day international conference organized by Claudia Liuzza and Gertjan Plets.

Speakers:

Brigitta Hauser-Shäublin (Institute of Ethnology, Göttingen University)
Ellen Hertz (Institute of Ethnology, University of Neuchâtel)
Miyako Inoue (Department of Anthropology, Stanford University)
Claudia Liuzza (Department of Anthropology, Stanford University)
Brigit Müller (Ecole des Hautes Etudes en Sciences Sociales, Paris)
Elisabeth Niklason (Department of Archeaology, Stockholm University)
Gertjan Plets (Stanford Archaeology Center, Stanford University)
Cris Shore (Department of Anthropology, The University of Auckland)
Ana Vrdoljak (Department of Law, University of Technology, Sydney)

Co-sponsored by Stanford Archaeology Center, Cantor Arts Center, Department of Anthropology, Center for Russian, East European & Eurasian Studies, Stanford Humanities Center, The Europe Center, France-Stanford Center for Interdisciplinary Studies, The Mediterranean Studies Forum.

Contact: heritagebur@gmail.com

Heritage Bureaucracies Conference Flyer
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Stanford Archaeology Center (BLDG 500)
488 Escondido Mall
Stanford Universit

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heritage bureaucracies

This conference aims to further our understanding of the institutional cultures, funding schemes and power structures underlying transnational institutions, with a particular focus on heritage bureaucracies. We bring together scholars working at the intersection of archaeology, anthropology, sociology and law to offer a broader understanding of the intricacies of multilateral institutions and global civic society in shaping contemporary heritage governance. Speakers will provide ethnographic perspectives on the study of international organizations, such as the UN and EU, in an effort to show the entanglement of political and technical decision-making.

A 2-day international conference organized by Claudia Liuzza and Gertjan Plets.

Speakers:

Brigitta Hauser-Shäublin (Institute of Ethnology, Göttingen University)
Ellen Hertz (Institute of Ethnology, University of Neuchâtel)
Miyako Inoue (Department of Anthropology, Stanford University)
Claudia Liuzza (Department of Anthropology, Stanford University)
Brigit Müller (Ecole des Hautes Etudes en Sciences Sociales, Paris)
Elisabeth Niklason (Department of Archeaology, Stockholm University)
Gertjan Plets (Stanford Archaeology Center, Stanford University)
Cris Shore (Department of Anthropology, The University of Auckland)
Ana Vrdoljak (Department of Law, University of Technology, Sydney)

Co-sponsored by Stanford Archaeology Center, Cantor Arts Center, Department of Anthropology, Center for Russian, East European & Eurasian Studies, Stanford Humanities Center, The Europe Center, France-Stanford Center for Interdisciplinary Studies, The Mediterranean Studies Forum.

Contact: heritagebur@gmail.com

Stanford Archaeology Center (BLDG 500)
488 Escondido Mall
Stanford University

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This half-day symposium will bring together scholars and practitioners to reconsider Taiwan's prospects for entry into the Trans-Pacific Partnership in light of the conclusion of negotiations in October 2015 and the election of a new president and legislature in Taiwan in January 2016. It will revisit the themes and conclusions of the Taiwan Democracy Project's 2013 annual conference.

9:00-9:15am: Introductions

9:15-11:00am. Panel 1: The Politics of Trade and Development in Taiwan

Stephen Tan, Vice President of the Cross-Strait Policy Association, Taipei

Kristy Hsu, Director, Taiwan ASEAN Studies Center, Chung Hua Institution for Economic Research, Taipei

Chung-ming Kuan, Chair Professor, Department of Finance and Director of CRETA at National Taiwan University, and former Minister of the National Development Council

Hung-mao Tien, President of the Institute for National Policy Research, and former Minister of Foreign Affairs, Taiwan

11:00-11:15. Break

11:15-12:45. Panel 2: International Perspectives on the TPP: Implications for Regional Development and Geopolitics

Vinod Aggarwal, Professor of Political Science and Faculty Affiliate of the Center for East Asian Studies, UC Berkeley

Nicholas Hope, Director of the China Program at the Stanford Center for International Development

Thomas Gold, Professor of Sociology and Faculty Affiliate of the Center for East Asian Studies, UC Berkeley

 

Audio Recording

 

CISAC Central Conference Room

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Stanford students worked together to pitch marketing ideas to a major Japanese airline at an event last Tuesday. The event, called an “ideathon,” is part of a series of events seeking to strengthen the U.S.-Japan relationship through exchange of ideas.

The ideathon was the first of its kind at the Shorenstein Asia-Pacific Research Center, led by the Japan Program under the rubric of the Stanford Silicon Valley-New Japan Project (SV-NJ). The project is supported in part by All Nippon Airways (ANA), the Japanese airline featured at the event.

Nineteen students participated, from both undergraduate and graduate levels and across disciplines – including students from the Graduate School of Business, and other majors including economics, mathematics, computer science, philosophy and East Asian studies.

Placed on a team with others they had just met, students were encouraged to assemble quickly and generate solutions to the challenge: how can ANA strengthen its brand awareness in the United States?

ANA is seeking to double in size in the next three years, yet it faces a few obstacles in this endeavor, including a customer base that is mostly in Japan and low brand visibility internationally, according to a senior employee that presented at the event.

“Who had heard of ANA before this event?” asked Hiroyuki Miyagawa, a marketing executive at ANA. Few hands raised in the audience.

Organized into four teams, each student team was joined by an ANA employee who listened in and offered guidance and a chance to learn from a longtime practitioner.

One and a half hours later, with Post-it notes and scribbled diagrams sprinkled across tables, each team emerged ready to present their 3-minute pitch to a panel of judges. The panel included executives from ANA, the World Innovation Lab (WiL), a venture capital firm in Palo Alto, and bTrax, a San Francisco based design firm.

Below are a few pictures from the event.


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ideathon team three

Team Three acts out a skit.  |  They proposed that ANA establish lounges for the general public to gather in and purchase goods from Uniqlo and Muji, two Japanese lifestyle retailers. The lounges would offer a place to reinforce ANA's brand outside of the airport, they said.


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ideathon team four

Team Four puts their heads together to generate ideas.  |  In their pitch, the team noted that baseball is a popular sport among Americans and Japanese. They recommended baseball be a focus of the marketing campaign, and said television and social media would best reach the target audience.


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ideathon team five

Team Five explains their marketing approach.  |  Flying can lead to some unpleasant experiences, and a way ANA can set itself apart is to make those experiences manageable, and even enjoyable, they said. Their proposal was to bring new amenities to the in-flight experience such as a care package for people who sit in the middle seat.


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ideathon team one

Team One poses for a picture after their presentation.  |  In their pitch, they recommended using ANA’s association with Japan to differentiate from other global airlines. Their approach included creating a film that features an American celebrity traveling on ANA.


The winning team was Team One whose concept was to use a celebrity figure – Ellen DeGeneres – in their advertising. They said that the target audience could relate to DeGeneres, and her already-established following would be an advantage.

The judges commended Team One for the creativity of their idea and its level of feasibility. Team One consisted of students Yaqian Fan, Michael Hong, Sam Ide, Lu Li and Adelbert Tan.

Kenji Kushida, a Stanford alumnus and project leader of SV-NJ, said:

“When I was a student, I craved for an opportunity to brainstorm solutions to real-world challenges and to do it in an environment that provided instant feedback,” he said, “We were able to make that happen here with the support of ANA and WiL, and are thrilled with the outcome."

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