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Economic development is a dynamic process in East and Southeast Asia, and one that is inextricably tied to policy.

Two new groundbreaking political economy publications are now available from the Walter H. Shorenstein Asia-Pacific Research Center (Shorenstein APARC), and a third is forthcoming in August.

Going Private in China: The Politics of Corporate Restructuring and System Reform, addresses many key reform questions faced over the past two decades by China, as well as by Japan and South Korea. Edited by Stanford China Program director Jean C. Oi, this volume demonstrates the commonalities between three seemingly disparate political economies. In addition, it sheds important new light on China's corporate restructuring and also offers new perspectives on how we think about the process of institutional change.

In Spending Without Taxation: FILP and the Politics of Public Finance in Japan, former Shorenstein Fellow Gene Park demonstrates how the Japanese government established and mobilized the Fiscal Investment Loan Program (FILP), which drew on postal savings, public pensions, and other funds to pay for its priorities and reduce demands on the budget. Referring to FILP as a "distinctive postwar political bargain," he posits that it has had lasting political and economic effects. Park's book not only provides a close examination of FILP, but it also resolves key debates in Japanese politics and demonstrates that governments can finance their activities through financial mechanisms to allocate credit and investment.

The Institutional Imperative: The Politics of Equitable Development in Southeast Asia, by former Shorenstein Fellow Erik Kuhonta, argues that the realization of equitable development hinges heavily on strong institutions and on moderate policy and ideology. He does so by exploring how Malaysia and Vietnam have had the requisite institutional capacity and power to advance equitable development, while Thailand and the Philippines, because of weaker institutions, have not achieved the same levels of success.

More detailed descriptions about these insightful volumes, as well as reviews and purchasing information, are available in the publications section of the Shorenstein APARC website.

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Please join us on The Great Tohoku, Japan Disaster - Symposium Iand The Great Tohoku, Japan Disaster - Symposium II for two evenings devoted to an examination of and conversation about the March 11, 2011 Tohoku earthquake in northern Honshu, Japan, and the subsequent tsunami and nuclear accident. In talks and panel discussions, experts from the School of Earth Sciences and the Freeman Spogli Institute for International Studies will focus on what happened, the impacts of the events, and what the future holds for Japan and other earthquake- and tsunami-zone regions of the world.

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Duncan Clark, Visiting Scholar at SPRIE and Chairman/Founder of Beijing-based investment advisory firm BDA China, spoke to a packed room at a seminar titled "Life after Google? The Way Forward for US Internet Firms and Investors in China", hosted by SPRIE, about the appeal and complexities of China's dynamic internet sector. The talk is part of SPRIE's ongoing series of speaker events, seminars and conferences entitled "China 2.0: The Rise of a Digital Superpower".

China's internet population will soon be double that of the US. China is home to a thriving market for social networking, games, e-commerce and other applications. While many individual and institutional investors in Chinese internet firms have profited from this growth, US internet firms themselves have struggled to gain a foothold. In fact a number of the most iconic internet firms in the US - including eBay, Yahoo and Google - have either pulled out of China or significantly scaled back their expectations for the market. Why?
Censorship and government restrictions are often pointed to as the principal cause. Is this justified, or does it sometimes serve as a convenient excuse for other factors such as management missteps?

Certainly Google placed blame squarely with the Chinese government, citing the growing burden of censorship and sophisticated attacks on Gmail as principal motivations for its 2010 decision to scale back its China business. In his 45-minute talk, Clark discussed the implications of Google's move, both for the company (and the benefits to its main competitor Baidu) and for a new wave of US internet companies who are evaluating the market (such as Facebook) or who have recently entered the market (such as Groupon).

Clark explored the psyche driving the Chinese government's approach to internet restrictions and the varying degrees of sensitivity associated with online activities such as social networking, email/IM, games and e-commerce. He also discussed the risks faced by Chinese internet founders/CEOs as they balance the need to serve customers and the stock market with serving the requirements and expectations of the Chinese government and the Communist Party.

The talk reviewed in turn the experience of various US internet companies in China and how elusive the right formula for success can be.

Clark concluded with a discussion of the more positive of US individual and institutional investors. While competitive risks remain substantial, backing Chinese management teams to some extent insulates investors from the vagaries of government regulation. Chinese internet firms such as Baidu, Tencent and Taobao have emerged as some of the world's most highly visited and most valuable sites. Clark explored the questions of how sustainable are their positions in China, and whether these firms can demonstrate an ability to innovate and extend their reach beyond China's shores.

Duncan Clark and Marguerite Gong Hancock, associate director of SPRIE, are continuing their research into these and other topics as part of SPRIE's China 2.0: The Rise of a Digital Superpower project. SPRIE looks forward to the perspectives of upcoming invited speakers as the program keeps apace with the fast growing but unpredictable China internet market.

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Duncan Clark, visiting scholar at SPRIE, gave a talk at Stanford on "Life after Google? The way forward for US internet firms and investors in China" on April 13, 2011.
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The recent uprisings in North Africa and the Middle East represent one of the most dramatic global political developments since the fall of the Berlin Wall.  What factors and forces led to the sudden collapse of well-entrenched regimes and the emergence of democratic reform movements across a region long accustomed to hereditary succession and autocratic rule?  Does the current upheaval reflect unique circumstances in the Arab World?  Or should it be viewed in the wider context of governance issues and challenges that have arisen in Asian and other settings beyond North Africa and the Middle East?  As a governance specialist whose international career has spanned Arab and Asian societies, David Arnold will share his insights regarding these questions.  

David D. Arnold became the president of The Asia Foundation on January 1, 2011, after serving as the president of the American University in Cairo (AUC) for seven years. At AUC he superintended the construction of a new, state-of-the-art $400 million campus, including the region's largest English-language library; spearheaded a $125 million fundraising campaign, the largest in the University's history; and oversaw academic innovations including AUC’s first-ever PhD program and master’s programs in education, biotechnology, gender studies, digital journalism, and refugee studies.  Under his leadership, AUC also expanded its continuing education and community outreach activities and created new scholarship opportunities for its students.  Mr. Arnold’s earlier career included six years as executive vice president of the Institute of International Education and more than ten years of service in the Ford Foundation including stints in India, Nepal, and Sri Lanka.  He earned his Master’s in Public Administration at Michigan State University following a BA from the University of Michigan.

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David D. Arnold President Speaker The Asia Foundation
Seminars
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Please join us for two evenings, April 25–26, devoted to an examination of and conversation about the March 11, 2011 Tohoku earthquake in northern Honshu, Japan, and the subsequent tsunami and nuclear accident. In talks and panel discussions, experts from the School of Earth Sciences and the Freeman Spogli Institute for International Studies will focus on what happened, the impacts of the events, and what the future holds for Japan and other earthquake- and tsunami-zone regions of the world.


APRIL 26 PARTICIPANTS

Moderator:

Daniel Sneider is the associate director for research at the Walter H. Shorenstein Asia-Pacific Research Center at the Freeman Spogli Institute for International Studies at Stanford.

Panelists:

Ross S. Stein earned his PhD from Stanford in 1980 and has been with the U.S. Geological Survey since 1981. He studies how earthquakes interact through the transfer of stress, in order to to develop better ways to make seismic hazard assessments and probabilistic forecasts. He co-founded and chairs the scientific board of the Global Earthquake Model (the GEM Foundation), a public-private partnership building a worldwide seismic risk model.

Laurie A. Johnson is the founder and principal of Laurie Johnson Consulting + Research, which works to apply the principles and technologies of urban planning and risk management to solve complex urban problems, including pre- and post-disaster recovery planning, management, and finance; geological hazards mitigation; and catastrophe risk management. She earned her Doctor of Informatics at Kyoto University, Japan.

Masahiko Aoki is the Henri and Tomoye Takahasi Professor Emeritus of Japanese Studies in the Department of Economics, and a senior fellow at the Stanford Institute of Economic Policy Research and the Freeman Spogli Institute for International Studies. A theoretical and applied economist, his preferred field covers the theory of institution, corporate governance, and the Japanese and Chinese economies.

For more information, please visit the symposium website.

William R. Hewlett Teaching Center
Auditorium 200
370 Serra Mall
Stanford Campus

Stanford University
Encina Hall, Room E301
Stanford, CA 94305-6055

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Lecturer in International Policy at the Ford Dorsey Master’s in International Policy
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Daniel C. Sneider is a lecturer in international policy at Stanford's Ford Dorsey Master’s in International Policy and a lecturer in East Asian Studies at Stanford. His own research is focused on current U.S. foreign and national security policy in Asia and on the foreign policy of Japan and Korea.  Since 2017, he has been based partly in Tokyo as a Visiting Researcher at the Canon Institute for Global Studies, where he is working on a diplomatic history of the creation and management of the U.S. security alliances with Japan and South Korea during the Cold War. Sneider contributes regularly to the leading Japanese publication Toyo Keizai as well as to the Nelson Report on Asia policy issues.

Sneider is the former Associate Director for Research at the Walter H. Shorenstein Asia-Pacific Research Center at Stanford. At Shorenstein APARC, Sneider directed the center’s Divided Memories and Reconciliation project, a comparative study of the formation of wartime historical memory in East Asia. He is the co-author of a book on wartime memory and elite opinion, Divergent Memories, from Stanford University Press. He is the co-editor, with Dr. Gi-Wook Shin, of Divided Memories: History Textbooks and the Wars in Asia, from Routledge and of Confronting Memories of World War II: European and Asian Legacies, from University of Washington Press.

Sneider was named a National Asia Research Fellow by the Woodrow Wilson International Center for Scholars and the National Bureau of Asian Research in 2010. He is the co-editor of Cross Currents: Regionalism and Nationalism in Northeast Asia, Shorenstein APARC, distributed by Brookings Institution Press, 2007; of First Drafts of Korea: The U.S. Media and Perceptions of the Last Cold War Frontier, 2009; as well as of Does South Asia Exist?: Prospects for Regional Integration, 2010. Sneider’s path-breaking study “The New Asianism: Japanese Foreign Policy under the Democratic Party of Japan” appeared in the July 2011 issue of Asia Policy. He has also contributed to other volumes, including “Strategic Abandonment: Alliance Relations in Northeast Asia in the Post-Iraq Era” in Towards Sustainable Economic and Security Relations in East Asia: U.S. and ROK Policy Options, Korea Economic Institute, 2008; “The History and Meaning of Denuclearization,” in William H. Overholt, editor, North Korea: Peace? Nuclear War?, Harvard Kennedy School of Government, 2019; and “Evolution or new Doctrine? Japanese security policy in the era of collective self-defense,” in James D.J. Brown and Jeff Kingston, eds, Japan’s Foreign Relations in Asia, Routledge, December 2017.

Sneider’s writings have appeared in many publications, including the Washington Post, the New York Times, Slate, Foreign Policy, the New Republic, National Review, the Far Eastern Economic Review, the Oriental Economist, Newsweek, Time, the International Herald Tribune, the Financial Times, and Yale Global. He is frequently cited in such publications.

Prior to coming to Stanford, Sneider was a long-time foreign correspondent. His twice-weekly column for the San Jose Mercury News looking at international issues and national security from a West Coast perspective was syndicated nationally on the Knight Ridder Tribune wire service. Previously, Sneider served as national/foreign editor of the Mercury News. From 1990 to 1994, he was the Moscow bureau chief of the Christian Science Monitor, covering the end of Soviet Communism and the collapse of the Soviet Union. From 1985 to 1990, he was Tokyo correspondent for the Monitor, covering Japan and Korea. Prior to that he was a correspondent in India, covering South and Southeast Asia. He also wrote widely on defense issues, including as a contributor and correspondent for Defense News, the national defense weekly.

Sneider has a BA in East Asian history from Columbia University and an MPA from the John F. Kennedy School of Government at Harvard University.

Daniel C. Sneider Associate Director for Research Moderator Walter H. Shorenstein Asia-Pacific Research Center, Stanford University
Ross S. Stein Researcher Panelist U.S. Geological Survey
Laurie A. Johnson Founder and Principal Panelist Laurie Johnson Consulting + Research
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Henri and Tomoye Takahashi Professor of Japanese Studies, Department of Economics, Emeritus
Senior Fellow at the Freeman Spogli Institute for International Studies, Emeritus
Senior Fellow at Stanford Institute for Economic Policy Research (SIEPR)
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Masahiko Aoki was the Henri and Tomoye Takahashi Professor Emeritus of Japanese Studies in the Department of Economics, and a senior fellow of the Stanford Institute of Economic Policy Research and the Freeman Spogli Institute for International Studies at Stanford University.

Aoki was a theoretical and applied economist with a strong interest in institutional and comparative issues. He specialized in the theory of institutions, corporate architecture and governance, and the Japanese and Chinese economies.

His most recent book, Corporations in Evolving Diversity: Cognition, Governance, and Institutions, based on his 2008 Clarendon Lectures, was published in 2010 by Oxford University Press. It identifies a variety of corporate architecture as diverse associational cognitive systems, and discusses their implications to corporate governance, as well their modes of interactions with society, polity, and financial markets within a unified game-theoretic perspective. His previous book, Toward a Comparative Institutional Analysis, was published in 2001 by MIT Press. This work developed a conceptual and analytical framework for integrating comparative studies of institutions in economics and other social science disciplines using game-theoretic language. Aoki's research has been also published in the leading journals in economics, including the American Economic Review, Econometrica, the Quarterly Journal of Economics, Review of Economic Studies, the Journal of Economic Literature, Industrial and Corporate Change, and the Journal of Economic Behavior and Organizations.

Aoki was the president of the International Economic Association from 2008 to 2011, and is also a former president of the Japanese Economic Association. He is a fellow of the Econometric Society and the founding editor of the Journal of Japanese and International Economies. He was awarded the Japan Academy Prize in 1990, and the sixth International Schumpeter Prize in 1998. Between 2001 and 2004, Aoki served as the president and chief research officer of the Research Institute of Economy, Trade, and Industry, an independent administrative institution specializing in public policy research in Japan.

Aoki graduated from the University of Tokyo with a B.A. and an M.A. in economics, and earned a Ph.D. in economics from the University of Minnesota in 1967. He was formerly an assistant professor at Stanford University and Harvard University and served as both an associate and full professor at the University of Kyoto before rejoining the Stanford faculty in 1984.

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Masahiko Aoki Senior Fellow Panelist Freeman Spogli Institute for International Studies, Stanford University
Symposiums
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Please join us on April 25 and 26 for two evenings devoted to an examination of and conversation about the March 11, 2011 Tohoku earthquake in northern Honshu, Japan, and the subsequent tsunami and nuclear accident. In talks and panel discussions, experts from the School of Earth Sciences and the Freeman Spogli Institute for International Studies will focus on what happened, the impacts of the events, and what the future holds for Japan and other earthquake- and tsunami-zone regions of the world.


APRIL 25 PARTICIPANTS

Moderator:

Pamela A. Matson is the Chester Naramore Dean of the Stanford University School of Earth Sciences, Richard and Rhoda Goldman Professor of Environmental Studies at Stanford, and senior fellow at the Woods Institute for the Environment.

Panelists:

Gregory Beroza is the Wayne Loel Professor in the Stanford University School of Earth Sciences and chair of the Department of Geophysics. He works to develop and apply techniques for analyzing seismograms—recordings of seismic waves—in order to understand how earthquakes work and the hazard they pose to engineered structures.

Gregory G. Deierlein is the John A. Blume Professor in the Department of Civil and Environmental Engineering and director of the Blume Earthquake Engineering Center at Stanford. His research focuses on improving limit states design of constructed facilities through the development and application of nonlinear structural analysis methods and performance-based design criteria.

Katherine Marvel is the Center for International Security and Cooperation (CISAC) Perry Fellow at the Freeman Spogli Institute for International Studies (FSI) at Stanford. Her research interests include energy security and nuclear nonproliferation, renewable energy technologies, energy security, nuclear power and nonproliferation, sustainable development, and public understanding of science.

For more information, please visit the symposium website.

William R. Hewlett Teaching Center
Auditorium 200
370 Serra Mall
Stanford Campus

Pamela A. Matson Dean of the School of Earth Sciences, Goldman Professor of Geological and Environmental Sciences and FSI Senior Fellow Moderator Stanford University
Gregory Beroza Chair Panelist Department of Geophysics, Stanford University
Gregory G. Deierlein Director Panelist Blume Earthquake Engineering Center, Stanford University
Katherine D. Marvel Perry Fellow Panelist Center of International Security and Cooperation, Stanford University
Symposiums
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During the 1980s and early 1990s, the Journal of Korean Studies (JKS) was a premier academic journal for publishing innovative, in-depth research on Korea. It fell out of publication for nearly a decade until Gi-Wook Shin, in collaboration with John Duncan at the University of California, Los Angeles, brought it back into circulation -- and prominence -- through Rowman and Littlefield Publishers. It was housed at the Stanford Korean Studies Program from 2004 to 2009 before moving to its current home, the University of Washington. Full-text versions of all JKS volumes to date are now available online through Project Muse, a subscription-based journal service offered by many academic libraries, including Stanford.
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