Economic Affairs
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The event will be webcast live from this page.

In this online event, set for November 19, 6:30-7:30 am US PT, the Stanford Center on China’s Economy and Institutions (SCCEI) and the CSIS Trustee Chair in Chinese Business and Economics are releasing a new Big Data China feature that reviews recent literature evaluating the successes and failures of industrial policy in China and the conditions that shaped policy outcomes.

Trustee Chair Deputy Director Ilaria Mazzocco will moderate a discussion among experts on industrial policy in China today and its implications for the Chinese economy, global trade, and how policymakers in other countries should respond. Panelists will include Lee Branstetter (Carnegie Mellon University), Panle Jia Barwick (UW-Madison), Chloé Papazian (OECD), and Gerard DiPippo (Bloomberg Economics).  

FEATURING

Panle Jia Barwick
Todd E. and Elizabeth H. Warnock Distinguished Chair and Professor, Department of Economics, University of Wisconsin-Madison
Ilaria Mazzocco
Senior Fellow, Trustee Chair in Chinese Business and Economics
Lee Branstetter
James Walton Professor of Economics and Public Policy, Heinz College, Carnegie Mellon University
Gerard DiPippo
Senior Geo-Economics Analyst, Bloomberg Economics
Chloé Papazian
Trade Policy Analyst, Trade and Agriculture Directorate, OECD
 

EVENT PARTNERS
 

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SCCEI and CSIS logos

Virtual Livestream 

Panle Jia Barwick
Lee Branstetter
Gerard DiPippo
Ilaria Mazzocco
Chloé Papazian
Panel Discussions
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Cover image for Gil Troy event

Despite the great progress made in Arab-Israeli rapprochement over the past several decades, the Israeli-Palestinian conflict appears as intractable today as it has ever been. Why has this conflict proved so difficult to resolve? Why have all attempts at a final peace settlement between Israelis and Palestinians failed since the launch of the Oslo Peace Process in the early 1990's? And what can be learned from this history of failure about the prospects of resolving the Israeli-Palestinian conflict? Join Amichai Magen in conversation with Azar Gat.

Read the essay here.

ABOUT THE SPEAKER

Professor Azar Gat is the Ezer Weitzman Chair of National Security and Head of the International and Executive MA Programs in Security and Diplomacy in the School of Political Science, Government and International Affairs at Tel Aviv University. He is also Academic Advisor to the Executive Director of the Institute for National Security Studies (INSS) in Tel-Aviv. Professor Gat is the author of 12 books - on democracy, nationalism, ideology, war and military history - which have been translated into numerous languages.

Virtual Event Only.

Amichai Magen
Amichai Magen

Virtual Only Event.

Azar Gat
Seminars
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Bill Browder event

In an era of rising autocracy, Bill Browder, the bestselling author of Red Notice and Freezing Order, brings his unparalleled expertise to the forefront. Join the Program on Capitalism and Democracy for a discussion on how business leaders can safeguard democratic principles while navigating increasingly challenging political landscapes. 

Browder's firsthand experiences combating corruption in Russia and beyond offer valuable lessons for today's global business environment. His story exemplifies how business leaders can leverage their influence to shape policy, champion justice, and uphold democratic ideals—even when confronted with grave personal and professional risks.

This event is co-sponsored by the Corporations and Society Initiative (CASI) at the Graduate School of Business and the Program on Capitalism and Democracy at the Center on Democracy, Development and the Rule of Law (CDDRL).

ABOUT THE SPEAKER

Sir William (Bill) Browder KCMG was once the largest foreign portfolio investor in Russia until being declared “a threat to national security” in 2005 for exposing corruption in Russian state-owned companies.

In 2008, Bill’s lawyer, Sergei Magnitsky, uncovered a massive fraud committed by Russian government officials stealing US $230 million of state taxes and was subsequently arrested, imprisoned without trial, and systematically tortured.

Sergei Magnitsky died in prison on November 16, 2009. Ever since, Sir William has led the Global Magnitsky Campaign for governments around the world to impose targeted visa bans and asset freezes on human rights abusers and highly corrupt officials, introducing the passage of the Sergei Magnitsky Accountability Act in 2012, & the Global Magnitsky Human Rights Accountability Act 2016. Which has since been adopted by 11 countries, including the U.S., UK, Canada, and New Zealand.

For his exceptional service to the UK abroad and internationally, in recognition of his significant and sustained contribution to human rights and anti-corruption, he was appointed by King Charles in the 2024 Birthday Honours List a Knight Commander of the Order of St Michael and St George (KCMG).

Rachel Hersh, MBA '25

In-person: GSB Knight Management Center, C102 (657 Jane Stanford Way, Stanford)
Online: Via Zoom

Bill Browder
Lectures
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Valentin Bolotnyy
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Bolotnyy, an economist, affiliated scholar with CDDRL's Deliberative Democracy Lab, and Kleinheinz Fellow at the Hoover Institution, has joined California governor Gavin Newsom’s Council of Economic Advisors. His appointment became effective on August 22, 2024.

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Visiting Scholar at APARC, 2024-2026
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Matthew Dolbow joins the Walter H. Shorenstein Asia-Pacific Research Center (APARC) as visiting scholar from 2024 to 2026 from the U.S. Department of State.  Before coming to APARC, Mr. Dolbow strengthened U.S. military deterrence capabilities in Asia as the U.S. Consul General in Okinawa, Japan.  As Chief of Staff in the U.S. National Security Council’s international economics office during the first Trump administration, Mr. Dolbow helped compile the 2017 U.S. National Security Strategy, which declared for the first time that "economic security is national security," and thus helped to establish a new bipartisan U.S. consensus on innovative trade, investment screening, and energy policies that increased U.S. competitiveness and secured the U.S. defense industrial base. As head of economic strategy at the U.S. Embassy in Beijing from 2013 to 2016, Mr. Dolbow created a Department of State-wide training program that taught colleagues to track and assess China's Belt and Road Initiative projects.  While at APARC, he will be conducting research on competition with China related to technology, innovation, human capital, and national security.

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Visiting Scholar at APARC, 2024-2025
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You Jung Lee joined the Walter H. Shorenstein Asia-Pacific Research Center (APARC) as visiting scholar for the 2024-2025 academic year. She is a journalist for the Korea Economic Daily, having spent over 10 years covering areas including international affairs and, most recently, construction and the real estate market. While at APARC, she conducted research examining Korea's housing and real estate market, its policies and financial structure, and comparing Korea's system to that of the U.S.

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Visiting Scholar at The Europe Center, 2024
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Piotr Jabkowski is associate professor of sociology at Adam Mickiewicz University in Poznan (Poland) and member of the European Social Survey Sampling and Weighting Expert Panel. At the Adam Mickiewicz University, he teaches statistics, advanced quantitative methods and survey methodology to undergraduate and postgraduate students. His research and publications focus on sample quality in cross-country comparative surveys, the total error paradigm and sampling theory.

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Visiting Scholar at The Europe Center, 2024
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Mariusz Baranowski, Assistant Professor of Sociology at Adam Mickiewicz University in Poznan (Poland), Faculty of Sociology, Department of Sociology of Social Stratification, and chairman of Sociological Committee within the Poznan Society of Friends of Arts and Sciences. Doctor of Economic Sociology and MA in Sociology (Adam Mickiewicz University), Philosophy (Adam Mickiewicz University) and postgraduate diploma in Human Resource Management (Economic Development Agency).

Baranowski's research work is focused on economic sociology, social inequality, welfare state and environmental issues.

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Cover of the book "Walking Out," showing a group of Asian flags, with the American flag set apart from them.

About the Book

From tariff wars to torn-up trade agreements, Michael Beeman explores America's recent and dramatic turn away from support for freer, rules-based trade to instead go its own new way. Focusing on America's trade engagements in the Asia-Pacific, he contrasts the trade policy choices made by America's leaders over several generations with those of today–decisions that are now undermining the trading system America created and triggering new tensions between America and its trading partners, allies and adversaries alike.

With keen insight as a former senior U.S. trade official, Beeman argues that America's exceptionally deep political divisions are driving its policy reversals, giving rise to a new trade policy characterized by zero-sum beliefs about the kind of trade America wants with the world and about new rules for trade that it wants for itself. With enormous implications for the future of regional and global trade, this timely analysis unravels the implications of America's seismic shift in approach for the future of the rules-based trading order and America's role in it.

Walking Out is essential reading for anyone interested in the domestic and international political economy of trade, international relations, and the future of America's role in the global economy.

See also New Book Unravels the Shift in America's Trade Policy and Its Global Consequences 
APARC website, October 1, 2024

About the Author

Michael L. Beeman is a visiting scholar at the Walter H. Shorenstein Asia-Pacific Research Center and has taught international policy as a lecturer at Stanford University. From 2017–23, he was the Assistant U.S. Trade Representative for Japan, Korea, and APEC at the Office of the U.S. Trade Representative (USTR), where he led negotiations for the U.S.-Japan Trade Agreement and for the updated U.S.-Korea Free Trade Agreement, among other initiatives. Prior to this, he served for over a decade in other positions at USTR, including as Deputy Assistant U.S. Trade Representative for Japan. He holds a DPhil in politics (University of Oxford) and an MA in international relations (Johns Hopkins University).

Desk, examination, or review copies can be requested through Stanford University Press.

"Beeman's timely volume Walking Out helps us understand how and why the US has retreated from this system. A practitioner who spent considerable time in the trenches negotiating US trade deals with several Asian partners during the first Trump and the Biden administrations, Michael Beeman brings to the topic of American trade policy the unique combination of scholarly analysis and policy-making experience. With this potent combination, he unpacks two core questions: why has the US retreated from the global free trade agenda, and what are the implications of this turn for US influence? In addition to helping the reader understand these two central issues, Beeman's scholar-practitioner experience shows itself to be invaluable in helping to demystify how rules, schedules, and side letters work in the world of trade negotiations, and why details like dispute settlement and rules of origin matter greatly."

— Joseph Chinyong Liow, Dean and Wang Gungwu Professor of East Asian Affairs, Lee Kuan Yew School of Public Policy, National University of Singapore

Read the full review article via Asian Security >

In the Media


Trump Second Term May Consider Deleting KORUS FTA Government Procurement Chapter 
The Korea Herald Business, January 24, 2025 (interview)

Trump to Push for Universal Tariffs through Legislation, Not Executive Order: Ex-USTR Official
Korea Economic Daily, November 27, 2024 (interview)

On Korea-U.S. Economic Cooperation in the Era of Walking Out
Yonhap News, November 20, 2024 (featured)

Trump Administration to "Reset Relations on the Assumption of Tariffs," Former USTR Official Says
Nikkei, November 15, 2024 (interview)
English version/ Japanese version

If Trump Is Re-elected, It Will be Impossible to Avoid Re-revision of the Korea-US FTA
JoongAng, October 31, 2024 (interview)

Can Democrats Win Back Voters from Trump on Trade Policy?
The New York Times, October 30, 2024 (quoted)

Multimedia from Book-Related Talks


US-South Korea Economic Cooperation in the Era of Walking Out
Korea Economic Institute, November 19, 2024
Watch > 

Book Talk: Walking Out
Wilson Center, October 28, 2024
Watch >

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America’s New Trade Policy in the Asia-Pacific and Beyond

Authors
Michael Beeman
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Shorenstein APARC
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Many studies document low rates of financial literacy and suboptimal levels of participation in financial markets. These issues are particularly acute among women. Does this reflect a self-reinforcing trap? If so, can a nudge to participate in financial markets generate knowledge, confidence, and further increase informed participation? We conduct a large field experiment that enables and incentivizes working-age men and women—a challenging group to reach with standard financial training programs—to trade stocks for four to seven weeks. We provide no additional educational content. We find that trading significantly improves financial confidence, as reflected in stock market participation, objective and subjective measures of financial knowledge, and risk tolerance. These effects are especially strong among women. Participants also become more self-reliant and consult others less when making financial decisions.

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The Economic Journal
Authors
Saumitra Jha
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