In this session of the Shorenstein APARC Corporate Affiliate Visiting Fellows Research Presentations, the following will be presented:

Hirofumi Takinami, "Political Economy of the Financial Crises in Japan & United States - A Comparative Study on the Bailout of Financial Institutions"

Currently, the United States is suffering from a financial crisis.  Japan has struggled with a financial crisis from the late 1990's to the early 2000's.  What implications can be drawn from these crisis experiences of the two largest economies in the world?  As one part of a collaborative research with Professor Phillip Lipscy on "Policy Innovation in Japan and the United States:  A Comparative Study of Response to Finiancial Crises", Takinami analyzes which elements are crucial in the use of bailout of financial institutions as a means to address financial crises.  Stressing that taxpayers' understanding and market sentiment are key, he makes arguments especially on the "learning effect" of Japanese financial crisis and the importance of action by the national leader and his/her secretarial organizations.

Takashi Uchida, "Comparative Research Study of Manufacturing Between the United States and Japan"

Manufacturing consists of upstream (raw material suppliers), middle stream (casting, dyes, metal press, etc.) and downstream (automobile companies, machinery companies, and electric companies).  To accurately view the structure of manufacturing as "supply chain", Uchida analyzes where manufacturing value comes from.  In particular, Uchida takes a look at the automobile market, comparing the difference between manufacturing in Japan and the United States.

Zheng Wang, "Valuation and Integration of Intangible Assets in Mergers and Acquisitions"

In modern economies, a large proportion of a company's assets tend to be intangible, such as brand names.  Intangible assets have become one of the key factors behind a company's competitive strength.  In particular, obtaining a target's intangible assets has been the major driving force in M&A activities during the past years.

M&A for intangible assets tends to be more complicated than for tangible assets, mainly due to the challenges in terms of valuation and post-deal integration.  In this research presentation, Wang analyzes some special issues in valuation and integration of intangible assets in M&As, and tries to draw useful lessons on M&A for intangible assets through case study.

This lecture will examine the origins of the Cold War in East Asia, how early the Cold War came to Korea, how the Korean War transformed the containment doctrine, how it solidified the continuing divisions in East Asia, and how it transformed defense policy in the United States, leading to a far-flung structure of seemingly permanent military bases in South Korea, Japan, Germany, and many more countries that lasts down to 2010.  Professor Cumings will also examine problems of history and memory regarding what most Americans call "the forgotten war."

Bruce Cumings teaches international history, modern Korean history and East Asian political economy at the University of Chicago, where he has taught since 1987 and where he is the Gustavus F. and Ann M. Swift Distinguished Service Professor and the chairman of the History Department.  He received his Ph.D. from Columbia University in 1975. He has taught at Swarthmore College (1975-77), the University of Washington (1977-86), and Northwestern University (1994-97). He is the author of the two-volume study, The Origins of the Korean War (Princeton University Press, 1981, 1990), War and Television (Visal-Routledge, 1992), Korea's Place in the Sun: A Modern History (W. W. Norton, 1997; updated ed. 2005), Parallax Visions: Making Sense of American—East Asian Relations (Duke University Press, 1999; paperback 2002), North Korea: Another Country (New Press, 2003), co-author of Inventing the Axis of Evil  (New Press, 2004), and is the editor of the modern volume of the Cambridge History of Korea (forthcoming). He is a frequent contributor to The London Review of Books, The Nation, Current History, the Bulletin of the Atomic Scientists, and Le Monde Diplomatique. The first volume of his Origins won the John King Fairbank book award of the American Historical Association for the best book on East Asia in the previous two years, and the second volume won the Quincy Wright book award of the International Studies Association. He was elected to the American Academy of Arts and Sciences in 1999, and is the recipient of fellowships from the Ford Foundation-funded Foreign Area Fellows program, NEH, the MacArthur Foundation, the Center for Advanced Study at Stanford, and the Abe Fellowship Program of the Social Science Research Council. He was also the principal historical consultant for the Thames Television/PBS 6-hour documentary, Korea: The Unknown War. He recently published Dominion From Sea to Sea: Pacific Ascendancy and American Power, which was ranked as one of the top 25 books of 2009 by the Atlantic Monthly. Random House will publish his short book, The Korean War, on the war’s 60th anniversary in 2010. He is also contracted to publish a new, single-volume synoptic edition of The Origins of the Korean War.

Abstract
Social science interpretations of the meltdown emphasize system characteristics such as complexity and coupling, and/or culture as in neo-institutional theories.  Examining regulatory changes, regulatory agents, elected representatives, firms and the many warnings, I argue that the role of human agents has been greatly neglected. Building on earlier work on "executive failure" I offer an agentic interpretation that is missing from both of the social science interpretations. Structure (systems) and culture (neo institutional theory) are valuable but incomplete.

Charles Perrow is an emeritus professor of sociology at Yale University and a visiting professor at CISAC in the winter and spring terms. Among his award-winning research is Organizing America: Wealth, Power, and the Origins of American Capitalism (Princeton, 2002), and Normal Accidents: Living with High Risk Technologies (Princeton, 1999). His recent articles include "Modeling Firms in the Global Economy," Theory and Society, 2009, v 38:3, May, 217-243, "Organizations and Global Warming," in Constance Lever-Tracy, ed. Handbook of Society and Climate change (Routledge, forthcoming, 2010), "Complexity, Catastrophe, and Modularity," Sociological Inquiry 78:2, May 2008 162-73; "Conservative Radicalism," Organization 15:2 2008 271-77; "Disasters Evermore? Reducing our Vulnerabilities to Natural, Industrial, and Terrorist Disasters," Social Research 75:3 Fall, 2008. His recent membership on a National Academy of Science panel on the possibilities of certifying software led to his current work on cyber security. He is also writing on the economic meltdown, but his major interest now is the institutional/organizational aspects of global warming. He received his BA, MA, and PhD from the University of California, Berkeley, all in sociology.

Kenneth Arrow is the Joan Kenney Professor of Economics and Professor of Operations Research, emeritus; a CHP/PCOR fellow; and an FSI senior fellow by courtesy. He is a Nobel Prize-winning economist whose work has been primarily in economic theory and operations, focusing on areas including social choice theory, risk bearing, medical economics, general equilibrium analysis, inventory theory, and the economics of information and innovation. He was one of the first economists to note the existence of a learning curve, and he also showed that under certain conditions an economy reaches a general equilibrium. In 1972, together with Sir John Hicks, he won the Nobel Prize in economics, for his pioneering contributions to general equilibrium theory and welfare theory.

Arrow has served on the economics faculties of the University of Chicago, Harvard and Stanford. Prior to that, he served as a weather officer in the U.S. Air Corps (1942-46), and a research associate at the Cowles Commission for Research in Economics (1947-49). In addition to the Nobel Prize, he has received the American Economic Association's John Bates Clark Medal. He is a member of the National Academy of Sciences and the Institute of Medicine. He received a BS from City College, an MA and PhD from Columbia University, and holds approximately 20 honorary degrees.

This 2009-10 interdisciplinary research workshop examines the trajectory of human rights discourse and institutions in Africa by means of regional and international comparisons. Africa is the third, and most recent, region to establish a regional human rights court, the African Court of Human and Peoples' Rights (ACPHR). At this critical juncture in African human rights, there is an urgent need for deeper understandings and applications of the law of human rights.

This workshop will be of interest and benefit to faculty and graduate students conducting research in the following areas: African studies; human rights; law; anthropology; cultural studies; history; political science and international relations; philosophy; and sociology.

The workshop, coordinated by Helen Stacy (Law School, FSI), met once during Fall quarter and will meet three times during the Winter and Spring quarters of the 2009-2010 academic year.

Our first meeting of Spring quarter features Professor Harri Englund, Department of Social Anthropology at University of Cambridge and author of many articles and books including Prisoners of Freedom: Human rights and the African Poor (Berkeley: University of California Press, 2006).

An introduction to the origins, evolution, and recent  status of  interaction between Japan and Southeast Asia, 1900-2000.

Mark R. Peattie is a visiting scholar at Shorenstein APARC and a research fellow at the Hoover Institution. He is a professor of history emeritus at the University of Massachusetts at Boston. He was the John A. Burns Distinguished Visiting Professor of History at the University of Hawaii in 1995.

Peattie is a specialist in modern Japanese military, naval, and imperial history. His current research focuses on the historical context of Japanese-Southeast Asian relations. He is also directing a pioneering and international collaborative effort of the military history of the study of the Sino-Japanese war of 1937-45 being sponsored by the Asia Center at Harvard University.

He was a member of the U.S. Information Agency from 1955 to 1968 with service in Cambodia (1955-57), in Japan (Sendai, Tokyo, Kyoto) (1958-67), and in Washington, D.C. (1967-68).

Peattie holds a Ph.D. in Japanese history from Princeton University.

Focus

In 2008, for the first time a majority of the world's population lived in cities. Rapidly rising standards of living and migration are contributing to an unprecedented worldwide surge in urbanization--in China alone, if trends continue, by 2025 more than 220 cities will each have more than one million inhabitants. The explosive growth of cities around the Pacific has widespread implications for energy use and has led to the demand for cities to become both smart and green.

But while billions of dollars of investments are pouring into urban energy solutions, and around the Pacific "low-carbon cities" and "eco-cities" are moving center stage, there are enormous challenges (and opportunities) facing the effective application of information technologies (IT), other innovative technologies and industrial growth.

The intersection of IT and environmental sustainability on the urban scale will require a complex integration of expertise, tools, and know-how from multiple disciplines--from building design and real estate development, to mobility and water systems, IT hardware and software, and energy providers. Although innovations in strategies and implementation are evolving quickly in pockets of excellence around the globe, early results have been highly uneven. Frameworks for understanding and analysis are still fragmented, innovative design and implementation rapidly changing, and best practices have yet to be defined.

Purpose
Led by SPRIE at Stanford University, this conference aims to gather an elite group of experts, decision makers, and thought leaders from across disciplines and geographical boundaries to focus on smart green cities around the Pacific. Participants will:

• Pursue a deeper understanding of the complex interactions among the key drivers that impact the extent that cities are green and smart
• Focus on core challenges of capitalizing on opportunities and overcoming obstacles--technological, economic, behavioral or political
• Explore what innovations in strategy or practice are leading to positive outcomes, including human livability, financial viability, economic vitality, and environmental sustainability
• Discuss implications for the evolution of markets and development of industries 
• Lay the groundwork for future actions, such as industry strategies, research agendas, and policy recommendations

Participants
"Smart Green Cities" will invite a select group of government, business, and academic leaders from the United States and Asia for two days of expert presentations and fruitful discussion at Stanford University. The summit will enable participants to better lead to improved strategy, action, and outcomes for building the next generation of smart green cities.

Agenda
Agenda is preliminary and not all speakers are confirmed. Please download below

Sponsors
Many thanks to our sponsors for making this event possible. 

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