Authors
Rodney C. Ewing
News Type
Commentary
Date
Paragraphs

Abstract:

When the Obama administration withdrew the license application for the proposed geologic repository at Yucca Mountain, Nevada, for spent nuclear fuel and high-level radioactive waste, the United States not only ended more than 25 years of research and effort in developing a long-term solution for dealing with HLW, it also lost the regulatory framework for the same. The Environmental Protection Agency’s standards and the implementing regulations of the Nuclear Regulatory Commission are site-specific, unique to Yucca Mountain. In the absence of a repository at Yucca Mountain, a new standard and new regulations will be required. In this article, two different viewpoints are given on how to assess compliance.

Hero Image
Nov11NN Cover1
All News button
1
Authors
News Type
News
Date
Paragraphs

Silvio Berlusconi has been a force in Italian politics during the past two decades. As the country’s prime minister and richest man, the media mogul managed to slip through sex scandals and criminal charges only to be forced out of office by Europe’s debt crisis.

As a new government led by economist Mario Monti takes place, Ronald Spogli talks about Berlusconi’s fall, what’s next for Italy and whether the United States should get involved in the eurozone’s tailspin. Spogli, who served as the U.S. ambassador to Italy from 2005 to 2009, is a Stanford trustee and major benefactor to the university’s Freeman Spogli Institute for International Studies.

What will Italy’s government look like under Mario Monti, and how will it trim the country’s $2.5 trillion debt?

Monti is an economist by training and has been president of Bocconi University, Italy’s most prestigious business school. He was the European Commissioner and that position earned him international influence and experience. So here’s somebody who has economic savvy, institutional gravitas, and the ability to be perceived as above politics.

The new government is expected to carry out the stability program enacted immediately before Berlusconi’s resignation on Saturday.  This law contemplates asset sales to reduce debt, among other measures.  The idea of a wealth tax has been floated in Italy – which by most measures is the richest country on the continent – as a way to immediately and significantly pay down the nation’s debt. 

The Monti government is likely to consider this and other options to reduce the country’s indebtedness.  However, it will have to gain parliamentary approval for any new laws. And depending on the nature of the bill proposed, passage of legislation could prove problematic.

How did Berlusconi manage to survive sex scandals and corruption charges, only to be brought down by Italy’s financial crisis?

I think he survived because for most Italians, his personal life was less relevant than his actions and promises as a politician who could do good things for Italy.

He came into power in 1994, and his ability to dominate Italian politics for nearly two decades has been the main story. He came in with an expectation that as Italy’s richest man and as a successful businessman, he would help jumpstart a country that had begun to stall economically. The notion was that after stagnation had begun to creep in, Silvio Berlusconi was the person to break the logjam and move Italy forward.

But for the last 20 years, Italy has had half the economic growth rate of Europe. That’s the biggest issue against Berlusconi. But nobody is 100 percent convinced that he’s really gone for good. He has an amazing ability to resurrect himself. He’s proven that throughout his political career.

How does Italy’s debt burden fit in to the rest of Europe’s economic woes?

Image

In terms of the sheer magnitude of the problem, the Italian circumstance dwarfs Greece’s situation and the ability of the initiatives meant to deal with other countries’ crises. The issue is whether the new Italian government will be able to calm the bond markets.

Restoring credibility is absolutely vital. The fundamental concern is that there’s no offered solution to an Italian debt problem. There is no bailout being contemplated that’s big enough to be able to deal with the issue, unlike Greece.

The euro crisis has claimed the political lives of prime ministers in Greece, Spain and Italy. Can we expect more high-profile political casualties?

It’s interesting how the markets – in such a short period of time – have forced a political change that the internal Italian political system has been unable to achieve for quite some time. It’s difficult to speculate as to whether those forces will move to more counties. But it certainly wasn’t contemplated that they’d have this impact on Italy, so its fair to say that nothing is completely off the table.

In the United States, candidates vying for the Republican nomination in next year’s election say America shouldn’t get involved in Europe’s financial mess. Is that the right attitude?

Europe is extremely important to the United States. Not just for economic reasons, but for political reasons. This is a European problem to solve. On the other hand, if it gets to the point where it continues to have a very damaging impact on the world’s capital markets, I think the resolve to keep it as an isolated problem may fade.

Beyond the narrowly defined economic impact of the crisis, we have many issues of global security that we cannot effectively deal with without the help of Europeans. If they’re going to go into a pronounced period of economic contraction, that’s going to heavily impact their ability to be a great partner for us.  Italy is a perfect example of this concern. We counted on its help in the Balkans, Afghanistan, Iraq and Lebanon. Those are expensive missions, and if the country doesn’t grow its economy, it’s harder for them to be a great American ally.  Italy’s economic situation extends to our basic international security interests.

Italy's economic crisis is the subject of a Nov. 18 presentation given by Roland Benedikter, a scholar at FSI's Europe Center. 

All News button
1
Authors
News Type
News
Date
Paragraphs

Blaming leaders in America and abroad for not doing enough to combat climate change, former United Nations Secretary-General Kofi Annan said continued failure to tackle the problem will result in worldwide hunger, social unrest and political turmoil.

“Without action at the global level to address climate change, we will see farmers across Africa – and in many other parts of the world including here in America – forced to leave their land,” the 2001 Nobel Peace Prize winner told a crowd of about 1,400 people at Stanford’s Memorial Auditorium on Thursday. “The result will be mass migration, growing food shortages, loss of social cohesion and even political instability.”

Citing numbers from the World Bank, Annan said rapidly rising food prices since 2010 have “pushed an additional 70 million people into extreme poverty.” He called a lack of food security for nearly 1 billion of the world’s population “an unconscionable moral failing” that is also a stumbling block to a strong international economy.

“It affects everything from the health of an unborn child to economic growth,” he said.

Annan’s talk, “Food Security Is a Global Challenge,” was delivered as part of a daylong conference on global underdevelopment sponsored by Stanford’s Freeman Spogli Institute for International Studies. The event drew the world’s leading experts in the field and featured panel discussions that explored the connections between global security and food supplies, health care and governance. Keynote speeches were delivered by Annan and Jeff Raikes, CEO of the Bill & Melinda Gates Foundation. Former Secretary of Defense Robert Gates also planned to deliver a talk to a private audience.

The conference marked the launch of FSI’s Center on Food Security and the Environment.

“With this facility, and the creative thinkers and inquisitive minds for which Stanford is famous, you are well-equipped to undertake research which advances our knowledge and helps to shape our response to the many global challenges we face,” Annan said. “And with the resources at your disposal, you also have the capacity to actively engage to influence policy, implement solutions and thus improve the lives of the most vulnerable people on the planet.”

Annan also lauded government initiatives such as America’s Feed the Future program that focus on alleviating global hunger. He recently met with Secretary of State Hillary Clinton, Secretary of Agriculture Tom Vilsack and Raj Shah, head of the U.S. Agency for International Development, to discuss ways to address food insecurity.

“If we pool our efforts and resources, we can finally break the back of this problem,” he said.

But he challenged wealthier nations to do more than pay lip service to the problem.

“We need to make sure that promises of extra support from richer countries are kept and involve fresh funds rather than the repackaging of existing financial commitments,” he said.

Annan, who is the chair of the Kofi Annan Foundation, the Africa Progress Panel, and the Alliance for a Green Revolution in Africa, said Africa represents both the greatest problem and the greatest promise when it comes to food security.

The continent is home to 60 percent of the world’s uncultivated arable land, but cannot produce enough food to feed its own people, he said. But if Africa can grow just half the world’s average yield of staple crops like wheat, corn and rice, it would end up with a food surplus.

Transforming Africa into one of the world’s biggest crop producers will take more than supporting farmers, he said. It entails sound environmental stewardship.

 “I hope this is an area where the Center on Food Security and the Environment can make a major contribution to finding solutions,” Annan said.

Without those solutions, the future is bleak.

In Sub-Saharan Africa, where global warming brings the threat of persistent drought, current crop production is expected to be cut in half by the end of the century and 8 percent of the region’s fertile land is expected to dry up.

“Those arguing, here and elsewhere, for urgent action and a focus on opportunities to green our economies still find themselves drowned out by those with short-term and vested interests,” Annan said. “This lack of long-term collective vision and leadership is inexcusable. It has global repercussions, and it will be those least responsible for climate change – the poorest and most vulnerable – that will pay the highest price.”

Annan's speech was sponsored by FSI, Stanford in Government and the Stanford University Speakers Bureau.

Hero Image
kofi annan at stanford3 logo
Former U.N. Secretary-General Kofi Annan delivers a keynote address on food security and climate change during FSI's global underdevelopment conference on Nov. 10, 2011. | Ben Chrisman
All News button
1
-

**Due to space restrictions, this event has reached capacity and we will no longer be taking RSVPs. Everyone is still welcome to attend but please plan to arrive early as seating is on a first come, first serve basis.**

Under the Hu-Wen leadership, China announced a shift in its development policy from a policy program that mainly emphasizes economic growth to one that pursues a “harmonious society.” The harmonious society program was a response to rapid increases in inequality during the 1990s, and its aim has been to ensure that the benefits from growth are widely shared.    

In recent years have the benefits from growth been widely shared? Has income inequality increased or decreased during the Hu-Wen era?

Drawing on recent findings from the China Household Income Project, a collaborative survey research project monitoring changes in incomes and inequality, Professor Terry Sicular will discuss recent trends in inequality and poverty in China. 

Terry Sicular is professor of economics at the University of Western Ontario. She received her doctorate at Yale and has taught at Stanford and Harvard. She is a specialist on the Chinese economy, speaks Mandarin, and has been studying and travelling to China for more than 30 years. Her recent research examines incomes and inequality in China, as well as related topics such as educational attainment and its intergenerational transmission, and the impact of housing reforms on household income and wealth. She has published widely in scholarly journals and books, and is as a contributor to and co-editor of Inequality and Public Policy, published by Cambridge University Press (2008). She has served as a consultant to international donor organizations, and is a leader in the ongoing, China Household Income Project, a collaborative research project that conducts a nationwide household survey and monitors trends in China’s incomes and inequality.

This event is part of the China's Looming Challenges series

Philippines Conference Room

Terry Sicular Professor Speaker Department of Economics, University of Western Ontario
Seminars
News Type
News
Date
Paragraphs

During the recent North American Chasedae Forum, 2011 Koret Fellow Joon-woo Park stated: "[...As the United States and Korea] grow closer together, the role of the Korean-American community becomes crucial for the future of U.S.-ROK relations." The forum, held November 4–6, was organized by the San Francisco Chapter of the National Unification Advisory Council.

Hero Image
Unification talk agenda coverCrop1
The National Unification Advisory Council
All News button
1
Authors
News Type
News
Date
Paragraphs

Despite an increase in food production and incomes worldwide, one in seven of the world’s 7 billion people is hungry.

Upheavals in food prices and the global economy, combined with a growing population’s demands for food and energy, are widening the gap between rich and poor. And that rift is creating new challenges to feed the hungry – most of whom live in remote, rural areas – without depleting the planet’s natural resources.

Stanford’s Center on Food Security and the Environment (FSE) is dedicated to addressing these challenges. Started as a research program in 2006, FSE is celebrating its launch today as a full-scale research center. The celebration is part of a larger conference hosted by the Freeman Spogli Institute for International Studies (FSI) focused on links between international security, food and health care. The institutional elevation signifies the growing importance of food security issues at Stanford and worldwide. And it positions FSE to become the leading academic institution in the field of food security.

“Food security has quickly risen as a critical global issue comparable to international security, global health, and democratization, and will remain a pressing issue in the years head,” said Rosamond L. Naylor, director of FSE. “We’re looking at how to raise people out of poverty so they can afford more food, how to stabilize prices so food isn’t too expensive, and how to grow more food without destroying the environment.”

In an introduction given at FSE’s Global Food Policy and Food Security Symposium Series last winter, Stanford President John Hennessy remarked, “Stanford was founded on the idea that its teaching and research could have a broader impact on society, and the area of food security certainly has that kind of possibility.”

“Our work on hunger, rural poverty, and the environmental impact of food production is critical not only to the future of our lives here in the United States but to the lives of people around the world,” said Hennessey. “We will need to bring together teams of experts from different disciplines if we are going to make important contributions to this work.”

FSE’s dual affiliation with the Freeman Spogli Institute for International Studies and the Woods Institute for the Environment supports these collaborations, and is a key factor to the center’s expansion. The center is led by Naylor and its deputy director, Walter P. Falcon. Both share a long history at Stanford studying international agricultural economics.

Naylor received her PhD from Stanford’s Food Research Institute in 1989, and is now a professor in the department of Environmental Earth System Science. Her interdisciplinary approach to teaching has resulted in popular courses such as the World Food Economy (which she co-teaches with Falcon,) and Human Society and Environmental Change. Naylor was appointed the William Wrigley Senior Fellowship in 2008 in recognition of her multidisciplinary, cutting-edge research and long-term commitment to combating global hunger and environmental degradation.

Falcon, the Helen Farnsworth Professor of Agricultural Policy, Emeritus, served as the director of Stanford’s Food Research Institute from 1972 to 1991. Falcon’s leadership role continued as FSI’s director from 1991 to 1998. Between 1998 and 2007, he co-directed the Center for Environmental Science and Policy out of which grew the Program on Food Security and the Environment.

FSE is now engaged in over 15 major projects with $11.5 million in grant and program funding under management. Productive food systems and their environmental consequences comprise the core of the Center’s research portfolio.

“Roz Naylor and Wally Falcon have worked tirelessly to promote the center’s mission and to secure the funding needed to support the center’s growth,” said FSI Director Coit D. Blacker. “It is gratifying to see FSE’s research and scholarly agendas receiving a resounding vote of confidence from the University as well as some of the world’s leading foundations, agencies and individual donors.” 

Hero Image
woman pres carrots sc logo
President of women's farming group in Dunkassa, Benin shares carrots from her garden grown with the help of a solar-powered irrigation system. | Jennifer Burney
All News button
1
Subscribe to North America