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Synopsis:

Robin Niblett, Director of Chatham House, delivered the following talk in The Europe Center series “The European and Global Economic Crisis”.

With measured optimism about the prospect for a way out of the current Eurozone crisis, Dr. Niblett argues that the introduction of the common Euro, seen by many in past years as a vanguard tool for European integration, is now potentially a functional wedge between ‘debtor’ and strongly capitalized nations.  

Dr. Niblett, arriving directly from participating in the World Economic Forum in Dubai, and based on Chatham House research, described the “perfect storm” of the past two decades of credit-driven growth, divergence within the EU, rising debt-to GDP ratios of member nations especially in the cases of Italy and Greece.  His analysis combines these economic details with the following:

  • Demographics – high levels of unassimilated immigrants
  • European welfare economies still distributing resources at twentieth-century levels now in the twenty-first century
  • The rise of anti-immigrant and anti-free-trade populist parties
  • The weakening of Europe’s center parties
  • The “Russification” of Europe’s East – especially in recent events in Ukraine
  • The stalled integration of Turkey into the EU

The totality of the above paints a grim portrait of Europe under the weight of nearly impossible conditions.   And yet, Dr. Niblett underlines evidence for measured optimism:

  • Ireland is making strides to reform its economy
  • Ireland’s educated and yet unemployed workforce does have the possibility to immigrate to Europe
  • The UK is finally rebalancing its state budget and market liberalization
  • France is facing, albeit with massive labor protest, its state budget levels
  • Spain will likely turn over its government in the face of its massive youth protest
  • Italy is evaluating in its political process a series of budget reforms

These are the structural side of what Dr. Niblett sees as Europe’s tools for recovery.

On the side of European practice, the Franco-German proposals for European Central Bank “bailout funds” include new rules for transparency of internal government operations. This promises innovation to make the EU into an area of political and financial transparency, and to enable the EU to engage in direct investment, as evidence is beginning to show, in the world’s emerging economies.  In this sense, Dr. Niblett sees for Europe a competitive edge over the US in engaging in world markets.

Perhaps most sanguine of Dr. Niblett’s analysis is his reading of the Eurozone crisis as a force to push the member nations of Europe further towards supra-national economic strategies.  In order to participate in the investment in emerging markets, the Benelux countries, not to mention France, Germany, and neighboring European states, are responding to the crisis by considering policy that promotes investment and outsourcing for service-sector employment, instead of export commodities which have been undercut in recent years.

There is a risk, in Dr. Niblett’s view, that Europe will respond to the Eurozone crisis by fracturing into rival “clubs” of small and large or debt-restructuring and creditor nation-states.  But the European nations, especially those currently participating in the Eurozone, have untapped capacities for growth:

  • Educated youth
  • Underemployed female laborers
  • Outstanding higher educational institutions
  • Pent-up small- and medium-enterprise markets
  • Potential for growth in the service sector labor market
  • Room for more tightly integrating and rationalizing the region’s energy market.

Those interested in further detail and analysis are invited to visit the work and productivity at:

The Europe Center, at Stanford’s Freeman Spogli Institute for International Studies: http://tec.fsi.stanford.edu

Chatham House, at the Royal Institute for International Studies: http://www.chathamhouse.org/

 

Speaker bio:

Robin Niblett became the Director of Chatham House (the Royal Institute of International
Affairs) in January 2007. Before joining Chatham House, from 2001 to 2006, Dr. Niblett
was the Executive Vice President and Chief Operating Officer of Washington based
Center for Strategic & International Studies (CSIS). During his last two years at CSIS, he
also served as Director of the CSIS Europe Program and its Initiative for a Renewed
Transatlantic Partnership.

Most recently Dr. Niblett is the author of the Chatham House Report Playing to its
Strengths: Rethinking the UK’s Role in a Changing World (Chatham House, 2010) and
Ready to Lead? Rethinking America’s Role in a Changed World (Chatham House,
2009), and editor and contributing author to America and a Changed World: A Question
of Leadership (Chatham House/Wiley-Blackwell, 2010). He is also the author or
contributor to a number of CSIS reports on transatlantic relations and is contributing
author and co-editor with William Wallace of the book Rethinking European Order
(Palgrave, 2001). Dr Niblett is a frequent panellist at conferences on transatlantic
relations. He has testified on a number of occasions to the House of Commons Defence
Select Committee and Foreign Affairs Committee as well as US Senate and House
Committees on European Affairs.

Dr Niblett is a Non-Executive Director of Fidelity European Values Investment Trust. He
is a Council member of the Overseas Development Institute, a member of the World
Economic Forum’s Global Agenda Council on Global Institutional Governance and the
Chairman of the World Economic Forum's Global Agenda Council on Europe.

He received his BA in Modern Languages and MPhil and DPhil from New College,
Oxford.

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Robin Niblett Director Speaker Chatham House, Royal Institute for International Affairs
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Audio Synopsis:

First, Professor Joffe asserts that the introduction of a common European currency was politically rather than economically motivated, pursued on the basis that it would protect Germany's strong export-oriented economy and ensure monetary discipline throughout the Euro zone without the need for heavy political management. However, good political intentions were not enough, and a disregard for sound economic principles has led to the current crisis.

In discussing causes of the crisis, Professor Joffe cites high spending and rapidly growing labor costs in the Mediterranean countries.  A common currency gave an impression to lenders of equal risk between Euro zone countries, who had little incentive for responsible monetary policies when they could borrow cheaply. Although northern countries like France and Germany also violated deficit rules prior to the crisis, they were better able to "devalue from within," cutting costs and wages, and lengthening work weeks to control unemployment. Professor Joffe uses the analogy of a steam-powered train to illustrate the challenges of the monetary union: each country represents a train car, and to move together there are three options - 1) drivers can impose discipline on other cars to ensure they don't burn too much coal; 2) when one car runs out of coal, others can share their resources; or 3) the cars can break apart, forcing out those who don't follow the speed limit.

Professor Joffe then offers several insights for the future. He reflects that the dominant system in the EU lately has been a “transfer union” (option #2 in the above train analogy). He predicts that this system will likely prevent a default until at least Spring 2012. While the crisis suggests that the monetary union should not have been forced, Joffe asserts that the desire to save the Euro is universal and a complete collapse is unimaginable. In conclusion, Professor Joffe discusses the different political challenges facing Europe and the United States, and cites several encouraging factors, including that democracy remains stable even during the economic crisis.

A discussion session following the talk address issues such as: the potential for the continued political integration of Europe to force less disciplined countries to "shape up"; how the EU hierarchy may change after the crisis; Ireland's role in the crisis; the validity of proposals to strengthen the European Parliament and implement a transactions tax;  the potential for an "Arab Spring" uprising among Greek youth; and prospects for transatlantic relations.

*NEW LOCATION*
Due to the number of RSVPs, this event has been moved to a larger venue:

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The Koret-Taube Conference Center, Room 130
366 Galvez Street
Stanford University

Josef Joffe Hoover Institution Research Fellow, and publisher/editor of the German weekly Die Zeit Speaker
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Abstract 
There will be a discussion of two different examples of liberation technology, one used to collect and protect human rights data, and the other used to analyze it. Martus is a software program that encrypts and remotely backs up data, designed for and used widely by human rights monitors and advocates to protect witness reports and other sensitive human rights data. the focus will be on the security design of Martus and how we addressed the inevitable tradeoffs with usability, as well as the reasons for and consequences of our choice to make Martus free and open source. The legitimacy of human rights advocates is based on their claim to speak truth about a human rights situation, but our ability to know the truth of what is happening on the ground is often severely limited. Founding conclusions on anecdotes or observable events alone can misinterpret both trends over time and the relative distribution of violence with respect to regions, ethnicity or perpetrators. Through the careful application of rigorous statistical methods, the limitations of incomplete data can sometimes be overcome, enabling scientifically-based claims about the total extent and patterns of human rights violations. Also discussed will be how this kind of analysis is enabled by technology, including computational statistical methods, and tools like R and version control to make the analysis auditable and replicable.

Jeff Klingner is a computer scientist with the Human Rights Data Analysis Group at Benetech, where he codes and runs data analysis addressing a variety of human rights questions, including command responsibility of high-level officials in Chad and Guatemala, and mortality estimation in several countries, including India, Sierra Leone, and Guatemala. His technical focus is on data deduplication, machine learning, data visualization, and analysis auditability and replicability. He earned a Ph.D. in Computer Science from Stanford University.

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Jeff Klingner Computer Science Consultant Speaker Benetech
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Abstract
The talk will discuss the impact that recent events in Tunisia, Egypt, Libya, Syria and other MENA countries has had on the debate about the Internet & democracy in general and on the future of the so-called "Internet freedom agenda" in particular. The talk will also explore the possibility of finding some workable middle ground between cyber-utopianism and cyber-dystopianism, attempt to articulate what a more culturally-sensitive approach to studying Internet & democratization may look like and argue for the growing relevance of such approach, particularly as a way to avoid essentialist attitudes towards technology. 
 
Evgeny Morozov is the author of the Net Delusion: The Dark Side of Internet Freedom, published earlier this year and a visiting scholar with the Liberation Technology program at Stanford University. He's also a Schwartz fellow at New America Foundation and a frequent contributor to national and international media on questions of technology and politics. 

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Program on Liberation Technology
616 Serra Street E108
Stanford, California 94305

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Morozov.png

Evgeny Morozov is a visiting scholar in the Liberation Technology Program at Stanford University and a Scwhartz fellow at the New America Foundation. He is also a blogger and contributing editor to Foreign Policy Magazine. He is a former Yahoo fellow at the Institute for the Study of Diplomacy at Georgetown University and a former fellow at the Open Society Institute, where he remains on the board of the Information Program. His book The Net Delusion: The Dark Side of Internet Freedom was published by PublicAffairs in January 2011.

Evgeny Morozov Visiting Scholar, Program on Liberation Technology Speaker Stanford University
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In this article, Professor Christophe Crombez (Stanford University) and Wim Van Gestel (University of Leuven)  formulate a game-theoretical model of closed rule legislation in the presence of informational asymmetries. In the model, an agenda setter with private information proposes a policy to a legislature. The legislature appoints an oversight committee to monitor the agenda setter. Crombez and Van Gestel study the rationale for this appointment, and analyze the equilibrium oversight committee member choices for the legislators. They conclude that it is optimal for the legislators to appoint oversight committee members who are as far from them as is the agenda setter, but in the opposite direction, rather than do the monitoring themselves. The appointment of such oversight committee members represents a credible means for the legislators to commit to reject proposals that they only marginally prefer to the status quo.
 

 

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Christophe Crombez

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(650) 736-0403 (650) 723-1919
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LCY: Tan Lan Lee Professor
Professor, Health Policy
Professor Pediatrics (General Pediatrics)
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C. Jason Wang, M.D., Ph.D. is a Professor of Pediatrics and Health Policy and director of the Center for Policy, Outcomes, and Prevention at Stanford University.  He received his B.S. from MIT, M.D. from Harvard, and Ph.D. in policy analysis from RAND.  After completing his pediatric residency training at UCSF, he worked in Greater China with McKinsey and Company, during which time he performed multiple studies in the Asian healthcare market. In 2000, he was recruited to serve as the project manager for the Taskforce on Reforming Taiwan's National Health Insurance System. His fellowship training in health services research included the Robert Wood Johnson Clinical Scholars Program and the National Research Service Award Fellowship at UCLA. Prior to coming to Stanford in 2011, he was an Assistant Professor of Pediatrics and Public Health (2006-2010) and Associate Professor (2010-2011) at Boston University and Boston Medical Center. 

Among his accomplishments, he was selected as the student speaker for Harvard Medical School Commencement (1996).  He received the Overseas Chinese Outstanding Achievement Medal (1996), the Robert Wood Johnson Physician Faculty Scholars Career Development Award (2007), the CIMIT Young Clinician Research Award for Transformative Innovation in Healthcare Research (2010), and the NIH Director’s New Innovator Award (2011). He was recently named a “Viewpoints” editor and a regular contributor for the Journal of the American Medical Association (JAMA).  He served as an external reviewer for the 2011 IOM Report “Child and Adolescent Health and Health Care Quality: Measuring What Matters” and as a reviewer for AHRQ study sections.

Dr. Wang has written two bestselling Chinese books published in Taiwan and co-authored an English book “Analysis of Healthcare Interventions that Change Patient Trajectories”.  His essay, "Time is Ripe for Increased U.S.-China Cooperation in Health," was selected as the first-place American essay in the 2003 A. Doak Barnett Memorial Essay Contest sponsored by the National Committee on United States-China Relations.

Currently he is the principal investigator on a number of quality improvement and quality assessment projects funded by the Robert Wood Johnson Foundation, the National Institutes of Health (USA), Health Resources and Services Administration (HRSA), and the Andrew T. Huang Medical Education Promotion Fund (Taiwan).

Dr. Wang’s research interests include: 1) developing tools for assessing and improving the quality of healthcare; 2) facilitating the use of innovative consumer technology in improving quality of care and health outcomes; 3) studying competency-based medical education curriculum, and 4) improving health systems performance.

Director, Center for Policy, Outcomes & Prevention (CPOP)
Co-Director, PCHA-UHA Research & Learning Collaborative
Co-Chair, Mobile Health & Other Technologies, Stanford Center for Population Health Sciences
Co-Director, Academic General Pediatrics Fellowship
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A police “encounter killing,” or simply “encounter,” is a term with no legal validity but which has seeped via the media into Indian English so surely that it has acquired a life of its own. It refers to a face-to-face interaction between the police and suspects leading to the killing of the suspects. While intended to convey serendipity, encounter killings in reality are often pre-planned executions by police or security agencies. First used against Maoists in the 1970s, and counterinsurgents in the Northeast and Kashmir, executions as unstated state policy were perfected in dealing with Sikh militant groups in the 80s and 90s. The ‘Punjab solution’, as it came to be known, became the model for the internal security establishment. Mumbai’s underworld was reined in through a series of high profile encounter killings—much celebrated in the popular media for imposing order into the urban anarchy that the gang-wars were breeding. Indeed, this became the preferred quick-fix method of dealing with a range of ‘undesirables’, from petty criminals to gangsters, to alleged terrorists and separatists. But more often than not, those lumped together as ‘encounterables’ were simultaneously marked out through their caste, ethnic and religious affiliations. The talk will discuss the history of fake encounters in India and the role of the media and judiciary in dealing with them.

Manisha Sethi is Assistant Professor at the Centre for the Study of Comparative Religions and Civilizations, Jamia Millia Islamia, New Delhi. Her research interests are in the area of gender and religion, communalism, and law and terrorism. She has published extensively on these themes in academic as well as popular publications. She is currently Associate Editor, Biblio: A Review of Books, India’s premier book review journal, with which she has been associated for over a decade. Sethi is the President of the Jamia Teachers' Solidarity Association, which has been closely involved in a campaign against extra judicial killings. Her book, Escaping the World: Chastity, Power and Women’s Renunciation among Jains, Routledge India, is due later this year.

This event is co-sponsored with the Stanford Center for South Asia and

The Indian American Muslim Council

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Manisha Sethi Assistant Professor, Centre for the Study of Comparative Religions and Civilizations Speaker Jamia Millia Islamia, New Delhi
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Program to enhance global reach and innovation research at business school

We are thrilled to welcome SPRIE, a catalyst for cutting-edge knowledge in this space, and a natural fit for us.
- Garth Saloner, Dean of the Stanford Graduate School of Business

STANFORD GRADUATE SCHOOL OF BUSINESS — The Stanford Program on Regions of Innovation and Entrepreneurship has joined the Graduate School of Business, where it will expand and enhance the depth and reach of global content for the school's academic programs and research.

Peter Wegner, MONUMENT TO CHANGE AS IT CHANGES at Knight Management Center, Stanford Graduate School of Business
The Stanford Program on Regions of Innovation and Entrepreneurship (SPRIE) is focused on understanding the development and practice of innovation and entrepreneurship around the world. Current research focuses on the dynamics and sustainability of Silicon Valley and high-technology areas across Europe and Asia, including those in mainland China, Taiwan, Japan, India, Korea, and their collaboration and competition in the evolving global innovation network. Specific projects focus on "Silicon Valley Transforming," the rise and implications of China's internet industry ("China 2.0"), Japanese entrepreneurship ("STAJE"), and clean energy and urbanization ("Smart Green Cities").

SPRIE's core activities include global interdisciplinary research, seminars, and conferences, as well as publications and briefings for industry and government leaders. Upcoming events this month at Stanford include a panel discussion, "Re-examining the State of Japanese Entrepreneurship," on Sept. 21 and "China 2.0: Transforming Media and Commerce in China," SPRIE's third in a series of highly successful forums. Keynotes for "China 2.0" on Sept. 30 will include investors, entrepreneurs, and founders or CEOs of billion-dollar Chinese internet firms, including Jack Ma of Alibaba and Joe Chen, MBA '99, of RenRen.

"Innovation and entrepreneurship are hallmarks of the GSB experience," said Garth Saloner, dean of the Stanford Graduate School of Business. "We are thrilled to welcome SPRIE, a catalyst for cutting-edge knowledge in this space, and a natural fit for us. SPRIE complements and augments many of our existing efforts, including the Center for Entrepreneurial Studies and the Center for Global Business and the Economy."

Knight Management Center, Stanford Graduate School of Business
Previously housed at Stanford University's Freeman Spogli Institute for International Studies, SPRIE is led by faculty directors William F. Miller and Henry S. Rowen, as well as Associate Director Marguerite Gong Hancock. Miller, the former provost of Stanford University and the Herbert Hoover Professor of Public and Private Management, Emeritus, at the business school, is also a professor emeritus of computer science at the engineering school. He was CEO of SRI International, where he established a spin-out and commercialization program. Rowen is a senior fellow at the Hoover Institution and the Edward P. Rust Professor of Public Policy and Management, Emeritus, at the business school, as well as former president of the RAND Corporation. He is an expert on international security, economic development, and high-tech industries in the United States and Asia.

Hancock leads research initiatives, conferences, and publications on topics ranging from "China 2.0: The Rise of a Digital Superpower" to "Smart Green Cities." She is coeditor of books published by Stanford University Press: The Silicon Valley Edge (2000), Making IT: The Rise of Asia in High Tech (2006), and Greater China's Quest for Innovation (2008). Hancock also codirects SPRIE executive and policymaker training programs on leading innovation and entrepreneurial regions in the global economy.

"We are very pleased to join the Graduate School of Business and look forward to collaborating on international and interdisciplinary research and conferences relevant to business students, executives, and government leaders from around the world who are focused on leading innovation and creating value," said Miller.

SPRIE research focuses on the nexus of innovation and entrepreneurship in high-technology clusters, through questions such as:

  • What factors enable innovative and entrepreneurial regions to advance and be sustained? What divergent models and strategies are evident in emerging regions?
  • Why have some regions lagged, despite strong assets such as skilled workers or capital investments? What obstacles hinder a region's development?
  • How do the flows of ideas, technology, people, and capital define new global linkages? How do these shape the emerging global high-technology system?
  • With the rise of China, India, and other high-technology powerhouses, what new patterns of interaction are emerging among major players? How can companies and governments best respond to new critical challenges and opportunities?

For more information on research, executive programs, or events at SPRIE, contact Yan Mei at yanmei@stanford.edu or visit http://sprie.gsb.stanford.edu.


For More Information Contact: Barbara Buell, Director of Communications, Stanford Graduate School of Business at buell_barbara@gsb.stanford.edu or 650-723-1771.

For Comment: Marguerite Hancock, Associate Director, Stanford Program on Regions of Innovation and Entrepreneurship at the Graduate School of Business at mhancock@stanford.edu or 650-723-4588.

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"Ways to Change", by Peter Wegner, hangs near the TA Associates Cafe at the Stanford Graduate School of Business.
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Much study has been put into the concept of a multinational or international “nuclear fuel bank,” and in 2010 two such banks became a reality according to the Nuclear Threat Initiative. However, all of the conceptual studies along with the two IAEA-approved banks are not really “fuel” banks; rather they are low-enriched uranium (LEU) reserves. While uranium is a commodity, fuel for a nuclear reactor is a highly-engineered product of which uranium is a component.

It has been argued that because there are more fuel fabricators than enrichers, the enrichment step is the crux of a supply assurance mechanism. This is a gross oversimplification. If one cannot get from LEU to a fabricated fuel assembly, then the fuel supply assurance is not available. There are issues of fuel design, core physics, regulation, intellectual property, and liabilities that could preclude fuel fabrication and delivery in a timely manner. These issues and obstacles will be discussed along with some suggestions about how they might be overcome to provide real fuel assurances.


Speaker Biography:

Dr. Alan Hanson was appointed as Executive Vice President, Technologies and Used Fuel Management of AREVA NC Inc. in 2005. In this position he was responsible for all of AREVA’s activities in the backend of the nuclear fuel cycle in the U.S. Prior to that he served as President and CEO of Transnuclear, Inc., also an AREVA company, which he joined in 1985. Transnuclear designs, licenses and supplies dry storage casks; more than half of the casks in the U.S. have been supplied by Transnuclear.

In January of 2011, Dr. Hanson started a year-long assignment as a Visiting Scholar at the Center for International Security and Cooperation (CISAC) at Stanford University on loan from AREVA. At CISAC he conducts research on the worldwide nuclear supply chain and international fuel assurance mechanisms. 

Dr. Hanson began his career in 1975 with the Nuclear Services Division of Yankee Atomic Electric Company. In 1979, he joined the International Atomic Energy Agency (IAEA) in Vienna, Austria. At the IAEA, he served first as Coordinator of the International Spent Fuel Management Program and later as Policy Analyst with responsibilities in the areas of safeguards and non-proliferation policies.

Alan Hanson received a B.S. degree in mechanical engineering from Stanford University in 1969 and earned his Ph.D. in nuclear engineering from Massachusetts Institute of Technology (MIT) in 1977. He also is a recipient of a Master of Arts in Liberal Studies (MALS) degree from Georgetown University in 2009.  He is a member of the American Nuclear Society and the American Society of Mechanical Engineers.

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Alan Hanson Visiting Scholar Speaker CISAC
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Nuclear energy is politically sensitive. For its proponents, nuclear energy is clean and highly efficient and indeed is the only alternative to fossil fuels in providing a base supply of electricity. For its opponents, nuclear energy is nothing but trouble, a symbol of war and weaponry par excellence, and one that creates environmental problems for mankind today and in the future. What is remarkable in this highly emotional debate is the general division between developed and developing countries. Asian and Gulf states are more active than many in other continents in expanding or developing their nuclear energy capacities. China is leading this expansion with 27 reactors under construction now.

Nuclear development in China highlights a series of objectives many developing countries try to balance – energy and economy, energy and development, energy and environment, energy and security, and the need for both clean energy and adequate and reliable energy supplies. It tells a counterintuitive story about Chinese politics – a single-party authoritarian political system with an extremely fragmented institutional structure in nuclear energy policy making, implementation and regulation and with highly competitive market forces in play. It provides a cautionary tale about the Chinese as well as global nuclear future. This paper discusses the challenges of nuclear energy development, using China as an example. It asks who drives it, what technology is selected and adopted, how human capital is developed, what the rules of the games are, and more importantly, which institutions are responsible for issuing licenses, regulating standards, and overseeing the compliance, and what forms of regulation do they use. At the core of these questions is if and how countries can ensure safe, secure and sustainable nuclear development.


Speaker Biography:

Dr. Xu Yi-chong is a research professor of politics and public policy at Griffith University. Before joining Griffith University in January 2007, Xu was professor of political science at St Francis Xavier University in Nova Scotia, Canada. She is author of The Politics of Nuclear Energy in China (2010); Electricity Reform in China, India and Russia: The World Bank Template and the Politics of Power (2004); Powering China: Reforming the electric power industry in China (2002); co-author of Inside the World Bank: Exploding the Myth of the Monolithic Bank (with Patrick Weller 2009) and The Governance of World Trade: International Civil Servants and the GATT/WTO, (with Patrick Weller 2004); and editor of Nuclear Energy Development in Asia (2011) and The Political Economy of Sovereign Wealth Funds (2010). All these projects were supported by the research grants from either Social Sciences and Humanities Research Council of Canada (SSHRC) or Australian Research Council.

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Xu Yi-Chong Professor of Research Speaker Griffith University Center for Governance and Policy
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