Stanford University

International Development

FSI researchers consider international development from a variety of angles. They analyze ideas such as how public action and good governance are cornerstones of economic prosperity in Mexico and how investments in high school education will improve China’s economy.

They are looking at novel technological interventions to improve rural livelihoods, like the development implications of solar power-generated crop growing in Northern Benin.

FSI academics also assess which political processes yield better access to public services, particularly in developing countries. With a focus on health care, researchers have studied the political incentives to embrace UNICEF’s child survival efforts and how a well-run anti-alcohol policy in Russia affected mortality rates.

FSI’s work on international development also includes training the next generation of leaders through pre- and post-doctoral fellowships as well as the Draper Hills Summer Fellows Program.

Oil and War

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Reuben W. Hills Conference Room, 2nd floor, Encina Hall East

Amos Nur, Stanford University Earth Sciences Department
Seminars

Uncertainties Associated With Biological Weapons Attacks

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The expected number of people infected by an atmospheric release of a biological agent depends on the physical and pathogenic properties of the agent, the amount of agent released, the mechanism by which it is dispersed, atmospheric transport processes, environmental degradation of the agent, and the protection afforded by being inside a building, for those who happen to be inside of buildings, when the plume passes by outdoors. Using anthrax as a test case, this research examined each of these factors in detail, determining nominal values for representative parameters and, more importantly, assessed the range of uncertainty or the lack of scientific knowledge regarding these parameters. The dominant factors affecting the outcome of hypothetical bioterror attacks are the weather, the precise urban area in which the release occurs, the exact form of the dose-response relationship for inhalation anthrax in humans, and the magnitude of the source term.

Reuben W. Hills Conference Room

Dean Wilkening, CISAC
Seminars

Nuclear Terrorism

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Reuben W. Hills Conference Room, 2nd floor, Encina Hall East

William Potter Monterey Institute for International Studies
Seminars
Preventing Nuclear Proliferation and Terrorism

Markets, Specialization and China's Smallholder Agriculture

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As seen in the previous sections, China's reformers, more than anything, have followed a
strategy based on providing incentives through property rights reforms, even though in China the shift to private ownership is today far from complete. The reforms started with the Household Responsibility System (HRS), a policy of radical decollectivization that allowed farmers to keep the residual output of their farms after paying their agricultural taxes and completing their mandatory delivery quotas. Farmers also began to exercise control over much of the production process (although in the initial years, the local state shared some control rights and in some places still do today). In this way the first reforms in the agricultural sector reshuffled property rights in an attempt to increase work incentives and exploit the specific knowledge of individuals about the production process (Perkins, 1994). In executing the property rights reforms, leaders also fundamentally restructured farms in China. Within a few years, for example, reformers completely broke up the larger collective farms into small household farms. In China today there are more than 200 million farms, the legacy of an HRS policy that gave the primary responsibilities for farming to the individual household. McMillan, Whalley and Zhu (1989), Fan (1991), Lin (1992) and Huang and Rozelle (1996) have all documented the strong, positive impact that property rights reforms had on output and productivity. 

In addition to property rights reform and transforming incentives, the other major
task of reformers is to create more efficient institutions of exchange. Markets-whether
classic competitive ones or some workable substitute-increase efficiency by facilitating
transactions among agents to allow specialization and trade and by providing information
through a pricing mechanism to producers and consumers about the relative scarcity of
resources. But markets, in order to function efficiently, require supporting institutions to
ensure competition, define and enforce property rights and contracts, ensure access to
credit and finance and provide information (John McMillan, 1997; World Bank 2002).
These institutions were either absent in the Communist countries or, if they existed, were
inappropriate for a market system. Somewhat surprisingly, despite their importance in
the reform process there is much less work on the success that China has had in building
markets and the effect that the markets has had on the economy.

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Publication Type
Working Papers
Publication Date
Journal Publisher
Food and Agricultural Organization
Authors
Scott Rozelle

The Media and Economic Scandals

News Type
News
Date
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In one and a half days of academic workshops, scholars from multiple disciplines and across the country and Europe discussed the issue of information incompleteness, and the role in this of the media, and possible media bias. Corporate performance and the media were also discussed.

Ulrike Malmendier of Stanford and a collaborator presented results indicating that media attention on CEOs may be detrimental to the CEOs' future performance. And Lisa George of Hunter College attempted to demonstrate a significant liberal bias in a study comparing the leanings of The New York Times, USA Today, Fox News and others, with the average member of Congress.

Other presentations focused on how media coverage might influence asset prices. Luigi Zingales of the University of Chicago, for instance, attempted to demonstrate that stock prices are most reactive to the category of earnings emphasized by the press. Finally, Andrea Prat of the London School of Economics and David Stromberg of Stockholm University focused on the breakup of government-controlled media and the impact on politics. They examined voter turnout when people have more media outlets to chose among. They attempted to show that Swedish viewers who switched to commercial television become more active voters, and better informed.

The topic of the second-day panels was the corporate scandals that have shaken Wall Street, and the economic crises and bubbles that have troubled international financial markets. The main question examined was the degree to which the media was culpable in hyping or failing adequately to report in the lead-up to these events, or whether as a whole it handled them well. Other questions were whether the media is capable of reducing market failures, increasing accountability and improving transparency, and the degree to which people ought to rely on the media to play these roles.

Among other speakers were Andrei Shleifer of Harvard University, Sendhil Mulainathan of MIT and James Hamilton of Duke University. The journalists included the authors of two books on the Enron scandal: The Wall Street Journal's John Emshwiller, co-author of 24 Days, and Fortune magazine's Bethany McLean, co-author of The Smartest Guys in the Room. Also discussing corporate scandals was the Financial Times' Richard Waters. Discussing Russia and economic crises was Fortune magazine's Bill Powell and the Economist magazine's Edward Lucas.

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Malaysia after Mahathir: The Recent (March 21) Election and What It Means

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Future historians will mark the first national election to be held in Malaysia since the retirement of Prime Minister Mahathir Mohamad (1981-2003) as a watershed in the country's political history. Among key questions circulating in the run-up to the voting on 21 March 2004 were these: Would the ruling National Front gain or lose votes and seats? (Surprise: gained greatly.) Would the opposition Islamic Party, now in control of two states, improve or worsen its position? (Surprise: worsened sharply.) Would KeADILan, the political party which emerged after the sacking of Anwar Ibrahim, gain or lose? (Surprise: lost badly.) Answers to other questions were still unknown: Would the election benefit Malaysia's current Prime Minister, Abdullah Badawi, at the congress of his political party later this year? What would the ruling coalition's landslide imply for Malaysian democracy, stability, and development? For Malaysia's role in the campaign against terrorism? For the country's relations with its neighbors and with the U.S.? (Surprise: Come hear Elizabeth Wong and find out.)

This is the ninth seminar of the 2003-2004 academic year Southeast Asia Forum.

Okimoto Conference Room, Encina Hall

Elizabeth Wong Secretary-General National Human Rights Society (Hakam), Malaysia
Seminars
Southeast Asia Program
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