One of the most important developments in the modern global economy is financial globalization. This has raised threats to the stability of political regimes in two ways: (1) by enhancing the possibility of a financial crisis that could cause political turmoil; and (2) by easing access to foreign sources of financing for opposition political groups. I argue that state capitalism – defined as state-owned publicly listed corporations -- has risen disproportionately among single party regimes as a way to address these dual threats. Single party regimes have both the motivation and a greater institutional capacity for addressing these threats in comparison to other regimes. Tests are conducted on 607 firms in 1996 and 856 firms in 2008 across seven East Asian economies, and are supplemented with case studies of Malaysia and South Korea.  The evidence suggests that financial globalization is contributing to the rise of the state as a counter reaction.

Richard W. Carney is a Fellow in the Department of International Relations located in the College of Asia and the Pacific at the Australian National University. His research and teaching are in the areas of international and comparative political economy with a focus on corporate governance and finance in East Asia. He has published articles in many academic journals including the Journal of Financial Economics, the Journal of East Asian Studies, and Business and Politics. He is also the author of the book Contested Capitalism: The Political Origins of Financial Institutions, and editor of the book Lessons from the Asian Financial Crisis. He was a Jean Monnet Fellow at the European University Institute in Fiesole, Italy (2003-04), and has held visiting positions at INSEAD. He holds a Ph.D. in Political Science (UCSD 2003). Before joining the ANU in 2011, he was an Assistant Professor in Singapore.

ABOUT THE SPEAKER: Niccolò Petrelli is a postdoctoral fellow at CISAC. His research focuses on reassessing the theory and practice of counterinsurgency. Incorporating insights from the contiguous fields of study of "civil wars" and "peacekeeping operations" and employing critical historical analysis of case studies, the research aims to analyze the features, limits and influence of the theory of Counterinsurgency. Before joining CISAC in 2013, Niccolò was a military research fellow at the Military Center for Strategic Studies (Ce.Mi.S.S.) within the Center for Advanced Defense Studies (CASD) in Rome, Italy, and a research assistant at the International Institute for Counter-Terrorism (ICT) in Herzliya. Niccolò received his PhD in Political Science from the University of Roma Tre in 2013. In his dissertation, he examined the impact of strategic culture on the Israeli approach to counterinsurgency.

ABOUT THE TOPIC: In "Counterinsurgency: A Conceptual Reassessment," Niccolò Petrelli will address unresolved issues in the study of counterinsurgency (COIN). The talk will focus on three main questions: How did COIN theory emerge and which are its intellectual sources? To what extent has COIN practice been informed by theory? Is the population-centric COIN paradigm prevalent in scholarly studies and in the contemporary professional discourse historically accurate? In order to answer these questions, the talk will first outline a critical historical analysis of the development of COIN theory, tracing its intellectual roots and fundamental assumptions. Subsequently, it will reassess practice through the qualitative comparative analysis of several case studies of COIN campaigns.

Faculty and students of Peking University have been at the forefront of China’s modern history.  The social impact of the university has been enormous.  Its educational philosophy needs to continually evolve, especially as China has developed in the last few decades at historically unprecedented rates.  President Wang will discuss these changes, how the university copes with new challenges, and how the globalization of Peking University fits into his vision for the future.

Wang Enge was appointed President of Peking University in 2013. He obtained his B.S. and M.S. in theoretical physics from Liaoning University in 1982 and 1985 respectively and received his Ph.D. from Peking University in 1990. He served as Director of the Institute of Physics (CAS) (1999-2007), Founding Director of the International Center for Quantum Structures (2000), Director of the Beijing National Laboratory for Condensed Matter Physics (2004-2009), CAS Deputy Secretary-General (2008-2009), and Executive President of CAS Graduate University (2008-2009).  President Wang is a member of the Chinese Academy of Sciences (CAS) and the Academy of Sciences for the Developing World (TWAS), as well as a fellow of the American Physical Society and the Institute of Physics (UK). He has been a JSPS professor of Tohoku University (Japan), an AvH Scholar of Fritz-Haber Institute der MPG (Germany), a KITP Visiting Professor at the University of California, Santa Barbara (USA), a Visiting Professor at the University of California, Berkeley (USA), a Visiting Professor at the International Centre for Theoretical Physics (Italy), and a GCEP Scholar at Stanford University.

A reception will follow immediately afer this talk