Economic Affairs
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This event will take place on Zoom. Registration is required: http://bit.ly/Invisible_China

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Book cover for "Invisible China: How the Urban-Rural Divide Threatens China's Rise" and a quote from Scott Rozelle, "The entire population of 800 million people has become almost fully invisible over the past decades..."

As the glittering skyline in Shanghai seemingly attests, China has quickly transformed itself from a place of stark poverty into a modern, urban, technologically savvy economic powerhouse. But as FSI Senior Fellow Scott Rozelle and Natalie Hell show in their new book Invisible China, the truth is much more complicated and might be a serious cause for concern.

Drawing on extensive surveys on the ground in China, Rozelle and Hell reveal that while China may be the second-largest economy in the world, its labor force has one of the lowest levels of education of any comparable country. The low levels of basic education of such a large share of workers may leave many unable to find work in the formal workplace as China’s economy changes and manufacturing jobs move elsewhere.

In this book talk event, Rozelle, who is also the director of FSI’s Rural Education Action Program, will be joined by Hongbin Li, a senior fellow at the Stanford Institute for Economic Policy Research and director of the China Program at the Stanford King Center on Global Development, who will moderate a discussion about the major themes of the book. A question and answer session with the audience will follow the discussion.


 

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Scott Rozelle holds the Helen Farnsworth Endowed Professorship at Stanford University and is Senior Fellow in the Food Security and Environment Program and the Shorenstein Asia-Pacific Research Center, Freeman Spogli Institute (FSI) for International Studies. For the past 30 years, he has worked on the economics of poverty reduction. Currently, his work on poverty has its full focus on human capital, including issues of rural health, nutrition and education. For the past 20 year, Rozelle has been the chair of the International Advisory Board of the Center for Chinese Agricultural Policy, Chinese Academy of Sciences (CAS). In recent years Rozelle spends most of his time co-directing the Rural Education Action Project (REAP). In recognition of this work, Dr. Rozelle has received numerous honors and awards. Among them, he became a Yangtse Scholar (Changjiang Xuezhe) in Renmin University of China in 2008. In 2008 he also was awarded the Friendship Award by Premiere Wen Jiabao, the highest honor that can be bestowed on a foreigner. 

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Hongbin Li is the James Liang Director of the China Program at the Stanford King Center on Global Development, and a Senior Fellow of Stanford Institute for Economic Policy Research (SIEPR). Hongbin’s research has been focused on the transition and development of the Chinese economy, and the evidence-based research results have been both widely covered by media outlets and well read by policy makers around the world. He is currently the co-editor of the Journal of Comparative Economics.

 

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Yuen Yuen Ang, a former postdoctoral student of China Program Director Jean Oi, has been awarded the Theda Skocpol Prize by the American Political Science Association in recognition of her “impactful empirical, theoretical and/or methodological contributions to the study of comparative politics.” The prize recognizes emerging academics up to ten years post-PhD for scholarly excellence in political science. Ang is a Stanford Ph.D. alumna and current associate professor of political science at the University of Michigan.

Her research examines how governments and governing organizations react to radical uncertainty and novel problems. She posits that such disruptions are an endemic condition of the twenty-first century, and that examining the political economies of adapting, or failing to adapt, to rapidly changing realities is a key to understanding current geopolitics.

At the center of Ang’s work is the study of China’s rise as a global superpower, which she characterizes as one of the greatest disruptions of the contemporary world. In her highly acclaimed and award-winning book, How China Escaped the Poverty Trap (2016), Ang challenges the conventional linear models of the political economy of development by applying the principles of complexity and system thinking to offer a new explanation of how China transformed itself from an impoverished planned economy into the world’s second-largest GDP.

Ang’s current work into debunking the myths surrounding the U.S.-China tech race, the misunderstanding of nuances of the Belt and Road Initiative, and the debates swirling around China’s handling of the COVID-19 pandemic continues to build on her record of excellent and innovative scholarship.

A big congratulations to Yuen Yuen for her latest recognition and ongoing contributions to the field of contemporary Asis studies!

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(Left) Congratulations Adam Yao Liu, Winner of the 2020 BRICS Economic Research Award; (Right) Portrait of Dr. Adam Liu
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Stanford Ph.D. Alumnus Wins BRICS Economic Research Award

Dr. Adam Yao Liu, a former doctoral student of APARC China Program Director Jean Oi, has been awarded the 2020 BRICS Economic Research Award for his research on how banking systems in China are developing.
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Shiran Shen (left) and Lizhi Liu (right)
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Former Doctoral Students Win Prestigious Dissertation Awards

Interdisciplinary environmental scholar Shiran Victoria Shen is the recipient of the Harold D. Lasswell Award and political economist Lizhi Liu is the recipient of the Ronald H. Coase Award in recognition of their outstanding doctoral dissertations.
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(Left) Yuen Yuen Ang; (Right) Congratulations Yuen Yuen Ang, Winner of the Theda Skocpol Prize from the American Political Science Association
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Former China Program postdoc and Stanford Ph.D alumna Yuen Yuen Ang has received the Theda Skocpol Prize for Emerging Scholars from the American Political Science Association for her scholarship on China’s transformation into a global superpower.

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Please register at www.eai-aparc-seminar.or.kr on the day of the event.

A panel of experts in international relations and commerce will discuss challenges facing South Korea and the country's strategy in light of the current tensions between the U.S. and China. This event is co-sponsored by East Asia Institute in Korea.

Panelists:

David Kang, Maria Crutcher Professor in International Relations; Professor of Business, and East Asia Languages and Cultures; Director of Korean Studies Institute, USC

Seungjoo Lee, Professor of Political Science and International Relations, Chung-Ang University, Korea

Charles Freeman, Senior Vice President for Asia, U.S. Chamber of Commerce

Taeho Bark, President, Lee&Ko Global Commerce Institute; former Minister of Trade, Korea

Discussants:

Yong Suk Lee, Deputy Director of the Korea Program, Shorestein APARC; SK Center Fellow, FSI,  Stanford University

Seong-Ho Sheen, Professor of International Security, Graduate School of International Studies, Seoul National University, Korea

Moderators:

Gi-Wook Shin, Director of APARC; Senior Fellow, FSI; William J. Perry Professor of Contemporary Korea; Professor of Sociology, Stanford University

Yul Sohn, President, East Asia Institute; Professor, Graduate School of International Studies, Yonsei University, Korea

Watch the recorded event at https://youtu.be/Hoz0cXtQfR4.

Live stream: Register at www.eai-aparc-seminar.or.kr on the day of the event.

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Arvind Krishnamurthy
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PhD students awarded Arvind Krishnamurthy, the John S. Osterweis Professor of Finance, the PhD Faculty Distinguished Service Award during a virtual ceremony.

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Ran Abramitzky
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Professor of economics Ran Abramitzky has been named the new senior associate dean of the social sciences in the School of Humanities and Sciences. He will begin his term on September 1, 2020.

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The European Union has passed a stimulus plan of more than $850 billion dollars to bring its economy back on track after the coronavirus pandemic ushered in staggering unemployment rates.

The plan highlights unprecedented actions to bring financial stability to those within the EU that have been most affected.

For more, KCBS Radio was joined by Christophe Crombez, Political Economist and Senior Research Scholar at Stanford University.

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Christophe Crombez
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Jean C. Oi
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Industries all over the world are grappling with new protocols and adaptations needed to safely reopen amongst changes the COVID-19 pandemic has wrought on the global economy. Nowhere have these changes been more apparent than in China, the original epicenter of the pandemic. Now, China is one of the countries leading the way in reopening its national economy.

To explore how business leaders and entrepreneurs in China responded to the lockdown and how they’re planning for the future, the China Program conducted a survey in coordination with the Stanford Center at Peking University and Stanford Business School alumni Christopher Thomas and Xue (Xander) Wu. Though taken from a small sample, the results are one of the best samples to date of how businesses in China are responding to the uncertain geopolitical environment the pandemic and current U.S.-China relations are creating.

High-tech firms and firms with a digital presence or the ability to quickly adapt to a digital environment have faired the best, as might be expected. Less expected are the indications that many of the business leaders surveyed are planning for some degree of 'decoupling' or economic separation from U.S.-based suppliers and markets. Both the pandemic and fluctuating U.S.-China relations have made access to global technologies uncertain and both factors are accelerating desires to create localized supply chains. While the long-term implications of these findings are still unknown, the survey provides a valuable snapshot of the current economic landscape within China. 

Read an excerpt from the article below, and find the full article at The Diplomat. A Chinese language version is available on Caixin.

[Subscribe to our newsletters to always get the latest research from APARC.]


From, "After COVID-19: Rebooting Business in China"

China was the first country to experience the ravages of COVID-19, having lost 4,634 people to the pandemic with 83,565 confirmed cases to date. Draconian measures were used to bend the curve and essentially stop the spread of the disease, although reports indicate that recently new cases have emerged, including those stemming from a Beijing market. For the most part, however, China has loosened restrictions and re-opened large parts of its economy. Individuals scan government-mandated QR health codes with their smartphones, and daily life has been restored to some sense of normalcy with restaurants serving customers and retail shops open to shoppers.

In this pivotal and important time, with streams of foreign policy arguments and opinion pieces sharply analyzing current U.S.-China geopolitical tensions continuing to pour forth, we at the Stanford China Program wanted to take stock of how businesses and the overall economy are coping as China tries to reopen its businesses and reboot its economy. Toward this effort, we conducted a collaborative survey of 135 senior executives in China from May 13-26. The survey was designed to help us better comprehend the variation in how Chinese businesses are reopening as well as how Chinese business leaders are viewing their prospects for the future. The research findings, based on one of the largest surveys to date of senior executives in China, helped us explore the following types of questions: What kinds of businesses have done better and what kinds have done worse? What role has the government played in economic assistance and business reopening? And how do China’s business leaders view the deterioration in U.S.-China relations, the possibility of decoupling, and even future access to technology?


Read the full article at The Diplomat.

Watch the panel discussion on the survey led by Jean Oi, Christopher Thomas, and Xue (Xander) Wu with Alvin Shiqi Wang (王世琪), Xiang Wang (王翔), Simon Yang (杨士宁), and Zhiqiang (ZZ) Zhang (张志强).

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Shiran Shen (left) and Lizhi Liu (right)
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Former Doctoral Students Win Prestigious Dissertation Awards

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The survey reveals mixed progress in reopening different sectors of China's economy, but also shows that many business leaders in China are planning for some level of decoupling as access to global technology and supply chains remains uncertain.

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APARC is pleased to share that Stanford alumnae Shiran Victoria Shen and Lizhi Liu have won prestigious awards for best dissertation in their fields. Both Shen and Liu earned their doctoral degrees in Political Science in 2018 and worked with Jean Oi, director of the China Program at APARC, during their tenure as doctoral students.

Shen, who is currently an assistant professor at the University of Virginia, has won the 2020 Harold D. Lasswell Award for her dissertation The Political Pollution Cycle: An Inconvenient Truth and How To Break It. The award is given annually by the American Political Science Association for “the best doctoral dissertation in the field of public policy.” Using a wide array of data, techniques, and research designs, Shen’s work explains how environmental change influences and is shaped by politics and policy. It centers on the critical case of air pollution control policies and uses China as a natural experiment.

Liu, whose doctoral research focuses on the political economy of e-commerce in China, has won the 2020 Ronald H. Coase Best Dissertation Award from the Society for Institutional and Organizational Economics. Her study proposes that China has devised a novel solution, that is, institutional outsourcing, to the central question of how developing states build market-supporting institutions. She is currently an assistant professor in the McDonough School of Business and a faculty affiliate of the Department of Government at Georgetown University.

Congratulations, Shiran and Lizhi, on your excellent work and prestigious awards!

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Won-Gi Jung (BA '20) is awarded the ninth annual Writing Prize in Korean Studies for his paper, "The Making of Chinatown: Chinese migrants and the production of criminal space in 1920s Colonial Seoul."
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Asia Health Policy Program Alum Wins Rothman Epidemiology Prize

Dr. Young Kyung Do, an expert in health policy and management at the Seoul National University College of Healthy Policy and the inaugural postdoctoral fellow in Asia health policy at APARC, has been awarded the 2020 prize for his outstanding publication in the journal Epidemiology last year.
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Shiran Shen (left) and Lizhi Liu (right)
Shiran Shen (left) and Lizhi Liu (right).
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Interdisciplinary environmental scholar Shiran Victoria Shen is the recipient of the Harold D. Lasswell Award and political economist Lizhi Liu is the recipient of the Ronald H. Coase Award in recognition of their outstanding doctoral dissertations.

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Oksenberg-Rohlen Fellow
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Scot Marciel was the Oksenberg-Rohlen Fellow at the Freeman Spogli Institute for International Studies, affiliated with the Walter H. Shorenstein Asia-Pacific Research Center from 2022-2024. Previously, he was a 2020-22 Visiting Scholar and Visiting Practitioner Fellow on Southeast Asia at APARC.  A retired diplomat, Mr. Marciel served as U.S. Ambassador to Myanmar from March 2016 through May 2020, leading a mission of 500 employees during the difficult Rohingya crisis and a challenging time for both Myanmar’s democratic transition and the United States-Myanmar relationship.  Prior to serving in Myanmar, Ambassador Marciel served as Principal Deputy Assistant Secretary for East Asia and the Pacific at the State Department, where he oversaw U.S. relations with Southeast Asia.

From 2010 to 2013, Scot Marciel served as U.S. Ambassador to Indonesia, the world’s fourth most populous country.  He led a mission of some 1000 employees, expanding business ties, launching a new U.S.-Indonesia partnership, and rebuilding U.S.-Indonesian military-military relations.  Prior to that, he served concurrently as the first U.S. Ambassador for ASEAN Affairs and Deputy Assistant Secretary of State for Southeast Asia from 2007 to 2010.

Mr. Marciel is a career diplomat with 35 years of experience in Asia and around the world.  In addition to the assignments noted above, he has served at U.S. missions in Turkey, Hong Kong, Vietnam, Brazil and the Philippines.  At the State Department in Washington, he served as Director of the Office of Maritime Southeast Asia, Director of the Office of Mainland Southeast Asia, and Director of the Office of Southern European Affairs.  He also was Deputy Director of the Office of Monetary Affairs in the Bureau of Economic and Business Affairs.

Mr. Marciel earned an MA from the Fletcher School of Law and Diplomacy, and a BA in International Relations from the University of California at Davis.  He was born and raised in Fremont, California, and is married with two children.

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In a webinar dated June 8, 2020, American University in Cairo Scholar Amr Adly presented findings from his new book Cleft Capitalism: The Social Origins of Failed Market Making in Egypt (Stanford University Press, 2020). Egypt has undergone significant economic liberalization under the auspices of the International Monetary Fund, the World Bank, USAID, and the European Commission. Yet after more than four decades of economic reform, the Egyptian economy still fails to meet popular expectations for inclusive growth, better standards of living, and high-quality employment. While many analysts point to cronyism and corruption, this study finds the root causes of this stagnation in the underlying social and political conditions of economic development. It offers a new explanation for why market-based development can fail to meet expectations: small businesses in Egypt are not growing into medium and larger businesses. The practical outcome of this missing middle syndrome is the continuous erosion of the economic and social privileges once enjoyed by the middle classes and unionized labor, without creating enough winners from market making. This in turn set the stage for alienation, discontent, and, finally, revolt. With this book, Adly uncovers both an institutional explanation for Egypt's failed market making, and sheds light on the key factors of arrested economic development across the Global South.


 

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