Economic Affairs
Paragraphs

This volume explores how complex economic transactions can be treated in economics, as well as how societies bring order to complex economic and social transactions through various institutional devices. Bringing together eminent scholars from the fields of game theory, complexity, econometrics and law, it explores theoretically and empirically how markets, social norms, and corporate organization and governance evolve, and how these institutions affect economic behavior. The contributors include, besides the editors, S. Cincotti, M. Gallegatti, M. Kandori, K. Pistor, B. Skyrms, R. Sugden, and others.

All Publications button
1
Publication Type
Working Papers
Publication Date
Journal Publisher
Palgrave Macmillan
Authors
Masahiko Aoki
Number
978-1-137-03420-5
Paragraphs

The OECD and the WTO have accumulated systematic data on the magnitude of support going to farmers as a result of farm policies. The datasets are collected for different purposes, but give a detailed picture of the evolution of these policies. This paper extends recent work on the compatibility of these two classification systems with a focus on Norway, Switzerland, the US and the EU. The results show how the OECD data set, particularly with respect to the link between direct payments and production requirements, complements that of the WTO. Many payments classified as in the WTO Green Box require production, raising the possibility that they may not be trade-neutral. Though the issue of correct notifications to the WTO is the province of lawyers, the implications for modeling and policy analysis is more interesting to economists. And the broader question of improving the consistency of the two datasets is of importance in the quest for transparency.

 

This work was undertaken while Mittenzwei was a Research Fellow at the Europe Center.

All Publications button
1
Publication Type
Working Papers
Publication Date
Journal Publisher
Norwegian Agriultural Economics Research Institute
Authors
Klaus Mittenzwei
0
Former Henri H. and Tomoye Takahashi Senior Fellow in Japanese Studies at the Freeman Spogli Institute for International Studies
Former Professor, by courtesy, of Finance at the Graduate School of Business
takeo_hoshi_2018.jpg PhD

Takeo Hoshi was Henri and Tomoye Takahashi Senior Fellow at the Freeman Spogli Institute for International Studies (FSI), Professor of Finance (by courtesy) at the Graduate School of Business, and Director of the Japan Program at the Shorenstein Asia-Pacific Research Center (APARC), all at Stanford University. He served in these roles until August 2019.

Before he joined Stanford in 2012, he was Pacific Economic Cooperation Professor in International Economic Relations at the Graduate School of International Relations and Pacific Studies (IR/PS) at University of California, San Diego (UCSD), where he conducted research and taught since 1988.

Hoshi is also Visiting Scholar at Federal Reserve Bank of San Francisco, Research Associate at the National Bureau of Economic Research (NBER) and at the Tokyo Center for Economic Research (TCER), and Senior Fellow at the Asian Bureau of Finance and Economic Research (ABFER). His main research interest includes corporate finance, banking, monetary policy and the Japanese economy.

He received 2015 Japanese Bankers Academic Research Promotion Foundation Award, 2011 Reischauer International Education Award of Japan Society of San Diego and Tijuana, 2006 Enjoji Jiro Memorial Prize of Nihon Keizai Shimbun-sha, and 2005 Japan Economic Association-Nakahara Prize.  His book titled Corporate Financing and Governance in Japan: The Road to the Future (MIT Press, 2001) co-authored with Anil Kashyap (Booth School of Business, University of Chicago) received the Nikkei Award for the Best Economics Books in 2002.  Other publications include “Will the U.S. and Europe Avoid a Lost Decade?  Lessons from Japan’s Post Crisis Experience” (Joint with Anil K Kashyap), IMF Economic Review, 2015, “Japan’s Financial Regulatory Responses to the Global Financial Crisis” (Joint with Kimie Harada, Masami Imai, Satoshi Koibuchi, and Ayako Yasuda), Journal of Financial Economic Policy, 2015, “Defying Gravity: Can Japanese sovereign debt continue to increase without a crisis?” (Joint with Takatoshi Ito) Economic Policy, 2014, “Will the U.S. Bank Recapitalization Succeed? Eight Lessons from Japan” (with Anil Kashyap), Journal of Financial Economics, 2010, and “Zombie Lending and Depressed Restructuring in Japan” (Joint with Ricardo Caballero and Anil Kashyap), American Economic Review, December 2008.

Hoshi received his B.A. in Social Sciences from the University of Tokyo in 1983, and a Ph.D. in Economics from the Massachusetts Institute of Technology in 1988.

Former Director of the Japan Program at the Shorenstein Asia-Pacific Research Center
CV
-

Is the Eurozone crisis undermining European democratic socialism? Why the current economic and fiscal crisis is cause for concern and opportunity, not alarm nor decline, for the future of the European Left.

This is part of the Europe Center's series on the "European and Global Economic Crisis". 

Pia Olsen Dyhr was appointed Minister for Trade and Investment in  October 2011. Pia Olsen Dyhr became member of the Danish Parliament (Folketing) for The Socialist People’s Party in 2007. Before joining Parliament, she worked with policy, international relations, trade, and environmental issues at the non-governmental organizations CARE Denmark and the Danish Society for the Conservation of Nature. She carries a MA in Political Science from University of Copenhagen.

CISAC Conference Room

Pia Olsen Dyhr Minister for Trade and Investment Speaker the Ministry of Foreign Affairs of Denmark
Seminars
-

Abstract: 

CDDRL post-doctoral fellow Bilal Siddiqi will address the question of whether progressive, statutory legal reform can meaningfully affect the lives of the poor, using observational and experimental evidence from Liberia in a new study co-authored with Justin Sandefur at the Center for Global Development. The authors develop a simple model of forum choice and test it using new survey data on over 4,500 legal disputes taken to a range of customary and formal legal institutions in rural Liberia. Their results suggest that the poor would benefit most from access to low-cost, remedial justice that incorporates the progressive features of the formal law. They then present the results of a randomized controlled trial of a legal empowerment intervention in Liberia providing pro bono mediation and advocacy services, using community paralegals trained in the formal law. The authors find strong and robust impacts on justice outcomes, as well as significant downstream welfare benefits—including increases in household and child food security of 0.24 and 0.38 standard deviations, respectively. They interpret these results as preliminary evidence that there are large socioeconomic gains to be had from improving access to justice, not by bringing the rural poor into the formal domain of magistrates’ courts, government offices, and police stations, but by bringing the formal law into the organizational forms of the custom through third-party mediation and advocacy.

About the Speaker: 

Bilal Siddiqi is a postdoctoral scholar affiliated with the Empirical Studies of Conflict project (esoc.princeton.edu). His research focuses on micro-institutions, formal and informal legal systems, peace-building and state accountability in post-conflict settings. He is currently involved in several field experiments in Sierra Leone and Liberia, including a randomized controlled trial of two non-financial incentive mechanisms in Sierra Leone’s public health sector; experimental evaluations of community-based paralegal programs in Liberia and Sierra Leone; and a randomized controlled trial of a community reconciliation program in Sierra Leone. 

Bilal received his Ph.D. and M.Phil. in economics from Oxford University, where he studied as a Rhodes Scholar. Prior to Stanford, he was based at the Institute for International Economic Studies (IIES) at Stockholm as a Marie Curie / AMID Scholar; and has also spent time at the Center for Global Development in Washington, DC, where he worked on aid effectiveness in global health. He holds a B.Sc. (Hons) from the Lahore University of Management Sciences in Lahore, Pakistan.

 

Encina Ground Floor Conference Room

Encina Hall
616 Serra Street
Stanford, CA 94305-6055

0
Minerva Postdoctoral Fellow (ESOC Project)
Bilal.jpg

Bilal Siddiqi is a postdoctoral scholar affiliated with the Empirical Studies of Conflict project (esoc.princeton.edu). His research focuses on micro-institutions, formal and informal legal systems, peace-building and state accountability in post-conflict settings. He is currently involved in several field experiments in Sierra Leone and Liberia, including a randomized controlled trial of two non-financial incentive mechanisms in Sierra Leone’s public health sector; experimental evaluations of community-based paralegal programs in Liberia and Sierra Leone; and a randomized controlled trial of a community reconciliation program in Sierra Leone.

Bilal received his Ph.D. and M.Phil. in economics from Oxford University, where he studied as a Rhodes Scholar. Prior to Stanford, he was based at the Institute for International Economic Studies (IIES) at Stockholm as a Marie Curie / AMID Scholar; and has also spent time at the Center for Global Development in Washington, DC, where he worked on aid effectiveness in global health. He holds a B.Sc. (Hons) from the Lahore University of Management Sciences in Lahore, Pakistan.

Bilal Siddiqi Post-doctoral fellow Speaker CDDRL
Seminars
-

CISAC Conference Room

Woody Powell Professor of Sociology, Organizational Behavior, MS&E, and Communication Speaker Stanford
Deborah Gordon Professor of Biology Commentator Stanford University
Amir Goldberg Assistant Professor of Organizational Behavior Commentator Stanford Graduate School of Business
Seminars
-

Richard Steinberg is Professor of Law at UCLA and the Director of the Sanela Diana Jenkins Human Rights Project. In addition to his UCLA appointment, Professor Steinberg is currently a Visiting Scholar at the Stanford Department of Political Science.

Professor Steinberg has written over forty articles on international law.  His most recent books are Assessing the Legacy of the ICTY (forthcoming 2010, Martinus Nijhoff), International Institutions (co-edited, 2009, SAGE), International Law and International Relations (co-edited, 2007, Cambridge University Press), and The Evolution of the Trade Regime: Economics, Law, and Politics of the GATT/WTO (co-authored, 2006, Princeton University Press).

Helen Stacy is Senior Fellow at the Freeman Spogli Institute for International Studies (FSI) and Director of the Program on Human Rights at CDDRL

As a scholar of international and comparative law, legal philosophy, and human rights, Helen Stacy has produced works analyzing the efficacy of regional courts in promoting human rights, differences in the legal systems of neighboring countries, and the impact of postmodernism on legal thinking. Her recent scholarship has focused on how international and regional human rights courts can improve human rights standards while also honoring social, cultural, and religious values.

Bechtel Conference Center

Helen Stacy Speaker
Richard Steinberg Director, Sanela Diana Jenkins Human Rights Project; Professor of Law Speaker UCLA
Lectures
-

James D. Fearon is Theodore and Frances Geballe Professor in the School of Humanities and Sciences and Professor of Political Science at Stanford University.  His research focuses mainly on political violence – interstate, civil, and ethnic conflict, for example – though he has also worked on aspects of democratic theory and the impact of democracy on foreign policy. He has published numerous articles in scholarly journals, including “Self-Enforcing Democracy” (Quarterly Journal of Economics), “Can Development Aid Contribute to Social Cohesion after Civil War?” (American Economic Review: Papers and Proceedings), “Iraq’s Civil War” (Foreign Affairs), “Neotrusteeship and the Problem of Weak States” (co-authored with David Laitin, in International Security), “Ethnicity, Insurgency, and Civil War” (co-authored with David Laitin, in American Political Science Review), and “Rationalist Explanations for War” (International Organization). Fearon was elected member of the American Academy of Arts and Sciences in 2002, and has been a Program Fellow of the Canadian Institute for Advanced Research since 2004. He served as Chair of the Department of Political Science at Stanford from 2008-2010.

Bechtel Conference Center

CISAC
Stanford University
Encina Hall
Stanford, CA 94305-6165

(650) 725-1314
0
Senior Fellow at the Freeman Spogli Institute for International Studies
Theodore and Frances Geballe Professor in the School of Humanities and Sciences
Professor of Political Science
rsd26_013_0052a.jpg PhD

James Fearon is the Theodore and Frances Geballe Professor in the School of Humanities and Sciences and a professor of political science. He is a Senior Fellow at FSI, affiliated with CISAC and CDDRL. His research interests include civil and interstate war, ethnic conflict, the international spread of democracy and the evaluation of foreign aid projects promoting improved governance. Fearon was elected to the National Academy of Sciences in 2012 and the American Academy of Arts and Sciences in 2002. Some of his current research projects include work on the costs of collective and interpersonal violence, democratization and conflict in Myanmar, nuclear weapons and U.S. foreign policy, and the long-run persistence of armed conflict.

Affiliated faculty at the Center for International Security and Cooperation
Affiliated faculty at the Center on Democracy, Development, and the Rule of Law
CV
Date Label
James D. Fearon Speaker
Lectures
-

Abstract: 
While the debate rages on regarding the role of social media technologies within the Egyptian revolution of 2011, and more generally the larger wave of ‘Arab Spring’ protests, the more relevant question of today is whether the 18 days of revolt may have done more for social media than vice versa. In different manners, social media technologies appear to be central to this discussion. From the Muslim Brotherhood’s use of technology to engage global publics, to activist uses of social media to build grassroots networks which bypass the barriers of infrastructure and access, or blogger uses of social media to impact older top-down media, social media technologies represent critical sites for analysis and critique. Building on two years of ethnographies and interviews, this paper identifies three key themes by which social media technologies shape political power: 1. Moving Past Bubbles, 2. Linking Older and Newer Media, and 3. Digital Subversion.

Dr. Ramesh Srinivasan, Assistant Professor at UCLA in Design and Media/Information Studies, studies and participates in projects focused on how new media technologies impact political revolutions, economic development and poverty reduction, and the future of cultural heritage. He recently wrote a front page article on Internet Freedom for the Huffington Post, an Op/Ed in the Washington Post on Social Media and the London Riots, an upcoming piece in the Washington Post on Myths of Social Media, and was recently on NPR discussing his fieldwork in Egypt on networks, actors, and technologies in the political sphere. He was also recently in the New Yorker based on his response (from his blog: http://rameshsrinivasan.org) to Malcolm Gladwell’s writings critiquing the power of social media in impacting revolutionary movements. He has worked with bloggers who were involved in overthrowing the recent authoritarian Kyrgyz regime, non-literate tribal populations in India to study how literacy emerges through uses of technology, and traditional Native American communities to study how non-Western understandings of the world can introduce new ways of looking at the future of the internet. He holds an engineering degree from Stanford, a Masters degree from the MIT Media Lab, and a Doctorate from Harvard University. His full academic CV can be found at http://rameshsrinivasan.org/cv

Wallenberg Theater

Ramesh Srinivasan Associate Professor, Design and Media/Information Studies Speaker UCLA
Seminars
-

Forecasting is a difficult profession. International economist David Hale and writer Lyric Hughes Hale do not claim they can foretell the future. But as veteran observers of the Asian economies, they can envision scenarios that are contrary to current conventional wisdom, and trends that deserve more attention than they are given in the media. What if China and Japan actually engage in armed conflict? Could East Asia experience its own version of the Arab Spring? What would be the consequences of another major earthquake in Japan? When the United States was the dominant power in the Pacific, security interests and economic interests were aligned in the region. Now that China has become the largest trading partner for many ASEAN countries, a new Great Divergence is emerging, with  potentially destabilizing consequences. While our national attention has been dominated by the Middle East for a decade now, in the coming era of energy self-sufficiency in the United States, we must shift our focus to the Far East.

Image
David Hale
David Hale
Global Economist & Chairman
David Hale Global Economics, Inc.

                    and

Image
Lyric Hughes Hale
Lyric Hughes Hale
Independent International Affairs Professional &
Board Director, The Japan America Society of Chicago

Philippines Conference Room

Seminars
Subscribe to Economic Affairs