Economic Affairs
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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.

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Helen Stacy Speaker
Richard Steinberg Director, Sanela Diana Jenkins Human Rights Project: Professor of Law Speaker UCLA
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Abstract:

The World Bank and IFC's Doing Business project has used indicators capturing important dimensions of the business environment to catalyze reforms in a large number of countries. In its tenth year of operation, this talk will focus on the methodological underpinnings of the project, the results obtained on the ground, the challenges ahead and why this matters for the goal of poverty reduction and economic convergence. For more information, please visit: www.doingbusiness.org

Speaker Bio:

Augusto Lopez-Claros became the director of global indicators and analysis in the World Bank–IFC Financial and Private Sector Development Vice Presidency in March 2011. Previously he was chief economist and director of the Global Competitiveness Program at the World Economic Forum in Geneva, where he was the editor of the Global Competitiveness Report, the Forum’s flagship publication, as well as a number of regional economic reports.

Before joining the Forum he was an executive director with Lehman Brothers (London) and a senior international economist. He was the International Monetary Fund’s resident representative in the Russian Federation during 1992–95. Before joining the IMF, Lopez-Claros was a professor of economics at the University of Chile in Santiago. He was educated in England and the United States, receiving a diploma in mathematical statistics from Cambridge University and a PhD in economics from Duke University. He is a much-sought-after international speaker, having lectured in the last several years at some of the world’s leading universities and think tanks. In 2007 he was a coeditor of The International Monetary System, the IMF, and the G-20: A Great Transformation in the Making? and The Humanitarian Response Index: Measuring Commitment to Best Practice, both published by Palgrave. He was the editor of The Innovation for Development Report 2009–2010: Strengthening Innovation for the Prosperity of Nations, published by Palgrave in November 2009.

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Augusto Lopez-Claros Director of Global Indicators and Analysis Speaker The World Bank-IFC
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Education, fundamental to economic growth and development, has become an arena for global competition in the digital information age. As in the United States, many Asian policymakers are now pushing for higher education reform in the belief that strong, innovative higher education systems will pave the way for their countries’ future economic and political strength.

Looking comparatively at situations across Asia and in the United States, the fourth annual Stanford Kyoto Trans-Asian Dialogue considered possible solutions to the challenges of reforming higher education today.

Scholars and top-level administrators from Stanford and universities across Asia, as well as policymakers, journalists, and business professionals, met in Kyoto on September 6 and 7, 2012. In the discussion sessions following the presentations, participants raised a number of key, policy-relevant points, which are highlighted in the Dialogue’s final report. These include:

All countries face the challenge of preparing students to find meaningful employment, yet there is a lack of clarity in educational goals. Several participants felt the political expediency of government funding aiming for world university rankings must be balanced with the less politically attractive but potentially more critical vocational needs of economic development.

University administrators and government policymakers need to define their goals for “globalization” or “internationalization” as they launch new initiatives and policies. Participants noted that, while few are opposed to the principle of internationalization, without a sense of concrete and realistic goals, the cost-benefit of various measures may not make sense.

Online education promises great potential innovation in education, but it is still at a very early stage. While potentially valuable in enhancing traditional learning and research, serious challenges remain. There was a sense that far more needs to be done than simply taking existing forms of education and putting them online in order to truly harness the potential offered by online education.

The Stanford Kyoto Trans-Asian Dialogue series is made possible through the generosity of the City of Kyoto, the Freeman Spogli Institute for International Studies at Stanford University, and Yumi and Yasunori Kaneko. The final report from the 2012 Dialogue, and previous years, is available for download from the Shorenstein APARC website.

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Rachael Garrett
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Soybean production has become a significant force for economic development in Brazil, but has come at the cost of expansion into non-protected forests in the Amazon and native savanna in the Cerrado. Over the past fifty years, production has increased from 26 million to 260 million tons. Area planted to soybeans has increased from roughly 1 million hectares in 1970 to more than 23 million hectares in 2010, second only to the United States.

A new study out of Stanford University examines the role of institutions and supply chain conditions in Brazil’s booming soybean industry and the relationship between soy yields and planted area. With the demand for soybeans projected to increase far into the future a better understanding of the economic and institutional factors influencing production can help policymakers better manage land use change.

Using county level data the researchers found that soy area and yields are higher in areas with high cooperative membership and credit levels, and where cheap credit sources are more accessible. Cooperatives help producers secure lower prices for inputs or higher prices for outputs through group purchases and sales. They also enable producers to store their grain past the harvesting period and sell it when prices are higher.

“This suggests that soybean production and profitability will increase as supply chain infrastructure improves in the Cerrado and Amazon,” said lead author Rachael Garrett, a PhD student in Stanford’s Emmett Interdisciplinary Program in Environment and Resources.

The authors did not find a significant relationship between land tenure and planted area or land tenure and yields. But found that yields decline and planted area actually increases as transportation costs increase. More importantly, the study showed counties with higher yields have a higher proportion of land planted in soy.

“Policies intending to spare land through technological yield improvements could actually lead to land expansion in the absence of strong land use regulations if demand and per hectare profits are high,” said co-author Rosamond L. Naylor, director of Stanford’s Center on Food Security and the Environment.

The current Forest Code requires rural land users in the Amazon to conserve 80% of their property in a ‘Legal Reserve’, and landowners in the Cerrado to conserve 20%. Historically, illegal clearings have been common and enforcement of the Legal Reserve requirements remains poor.

While this study focuses on Brazil, the results underscore the importance of understanding how supply chains influence land use associated with cash crops in other countries. Future demand for soybeans, as well as for cash crops like Indonesian palm oil, will continue to grow as demand for cooking oil, livestock feed, and biodiesel increase with income growth and changing dietary preferences in emerging economies. 

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Providing people with safe drinking water is one of the most important health-related infrastructure programs in the world. The first part of our research investigates the effect of a major water quality improvement program in rural China on the health of adults and children. Using panel data covering about 4500 households from 1989 to 2006, we estimate the impact of introducing village-level access to water from water plants on various measures of health. The regression results imply that the illness incidence of adults decreased by 11 percent and their weight-for-height increased by 0.835 kg/m, and that children's weight-for-height and height itself both rose by 0.446 kg/m and 0.962 cm respectively, as a result of the program. And these estimates are quite stable across different robustness checks.

While the previous research has shown health benefit of safe drinking water program, we know little about the longer-term benefits such as education. The second part of our research examines the youth education benefits of this major drinking water infrastructure program. By employing a longitudinal dataset with around 12,000 individual observations aged between 16 and 25, we find that this health program has benefited their education substantially: increasing the grades of education completed by 0.9 years and their probabilities of graduating from a lower and upper middle schools by around 18 and 89 percent, respectively. These estimation results are robust to a host of robustness checks, such as controlling for educational policy and local resources (by including county-year fixed effects), village distance to schools, local labor market conditions, educational demand, instrumenting the water treatment dummy with topographic variables, among others. Our estimates suggest that this program is highly cost-effective.

Jing Zhang, an assistant professor, received her PhD from the University of Maryland in 2011, and joined Renmin University of China in the same year. Prior to that, she worked at the World Bank from 2010 to 2011. The focus of her research lies in health economics and public finance. Her publications include: “The Impact of Water Quality on Health: Evidence from the Drinking Water Infrastructure Program in Rural China,” Journal of Health Economics (2012) and “Soft Budget Constraints in China: Evidence from the Guangdong Hospital Industry,” International Journal of Healthcare Finance and Economics (2009).

Philippines Conference Room

Jing Zhang Assistant Professor Speaker Renmin University of China
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Professor Hidehiko Ichimura of the University of Tokyo will share recent results from his research on the health of older adults and the retirement process in Japan. His research draws upon a unique data source, the Japanese Study of Aging and Retirement (JSTAR). This rich dataset provides information on how middle-aged and elderly Japanese live in terms of economic, social, and health outcomes, and how these interact with their family status. The JSTAR project aims to provide longitudinal data enabling detailed policy-relevant comparisons to other industrialized countries (e.g. the Survey on Health, Aging and Retirement in Europe, the U.S. Health and Retirement Study, the English Longitudinal Study on Aging, and similar surveys now launched in Korea, China, and India).

Professor Ichimura received his BA in economics from Osaka University in 1981 and his PhD in economics for the Massachusetts Institute of Technology in 1988. He has taught at the University of Minnesota, the University of Pittsburgh, and University College London. He is currently a professor in the Graduate School of Public Policy and Graduate School of Economics at the University of Tokyo. 

Philippines Conference Room

Hidehiko Ichimura Professor, Graduate School of Public Policy and Graduate School of Economics Speaker the University of Tokyo
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Professor Hidehiko Ichimura of the University of Tokyo will share recent results from his research on the health of older adults and the retirement process in Japan. His research draws upon a unique data source, the Japanese Study of Aging and Retirement (JSTAR). This rich dataset provides information on how middle-aged and elderly Japanese live in terms of economic, social, and health outcomes, and how these interact with their family status. The JSTAR project aims to provide longitudinal data enabling detailed policy-relevant comparisons to other industrialized countries (e.g. the Survey on Health, Aging and Retirement in Europe, the US Health and Retirement Study, the English Longitudinal Study on Aging, and similar surveys now launched in Korea, China, and India).

Professor Ichimura received his BA in economics from Osaka University in 1981 and his Ph.D. in economics from the Massachusetts Institute of Technology (MIT) in 1988. He has taught at the University of Minnesota, the University of Pittsburgh, and University College London. He is now Professor in the Graduate School of Public Policy and Graduate School of Economics at the University of Tokyo. 

Philippines Conference Room

Hidehiko Ichimura Professor in the Graduate School of Public Policy and Graduate School of Economics Speaker University of Tokyo
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Asian universities are rising in world university rankings, with schools in emerging Asian countries such as China, Taiwan, and South Korea recently making strong gains. Six universities in South Korea alone placed among the top 400 in the world in the 2012 Times Higher Education rankings. Competition within Asia is also intensifying. 

The shift of relative economic power from the West to the East suggests that Asian universities will continue their ascendancy, but progress brings with it growing pains. In his talk, Dr. Jeong, president of one of Korea’s premier universities, will discuss the pressures that Korean universities face and their efforts to reform and adjust to new times and new challenges.

Dr. Jeong Kap-Young is president and a professor of economics at Yonsei University. He holds a B.A. from Yonsei University, an M.A. from the University of Pennsylvania, and an M.A. and a Ph.D. from Cornell University, all in economics. His research interests are in industrial organization and public policy, applied microeconomic theory, and East Asian economies. He has authored numerous works, and served as adviser to the Korean government.

Philippines Conference Room

Jeong Kap-Young President, Yonsei University, Korea Speaker
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