The Global Macro Economy and Finance
This volume explores fundamental macroeconomic and financial issues of today from fresh perspectives. Bringing together leading scholars and practitioners in the fields, it analyzes the light that the recent crisis has shed on the global macro economy, sectoral structure and financial architecture, and proposes policies needed to address systemic financial risks and foster a sustainable growth. It also explores the measurement of economic and social progress in our societies, and proposes new frameworks to integrate economic dimensions with other aspects of human wellbeing. This volume provides valuable suggestions for how to foster robust recovery from the crisis, and how to prevent its recurrence.
Institutions and Comparative Economic Development
This book explores why different patterns of economic development and growth have been observed across different regions and over time. Drawing on the contributions of outstanding scholars in comparative and historical institutional analysis, this volume presents the roles of political institutions, social organizations and norms, culture, and policy in economic development and societal evolution. The contributors include, besides the editors, G. Austin, A. Greif, D. Ma, T. Khanna, J.L. Rosenthal, C.H. Shiue, J. Svenjinar, P. Temmin, R.B. Wong, and others. The volume provides a valuable resource for general readers, academics, and policymakers with an interest in the future of the evolving world economy.
Complexity and Institutions: Markets, Norms and Corporations
This volume explores how complex economic transactions can be treated in economics, as well as how societies bring order to complex economic and social transactions through various institutional devices. Bringing together eminent scholars from the fields of game theory, complexity, econometrics and law, it explores theoretically and empirically how markets, social norms, and corporate organization and governance evolve, and how these institutions affect economic behavior. The contributors include, besides the editors, S. Cincotti, M. Gallegatti, M. Kandori, K. Pistor, B. Skyrms, R. Sugden, and others.
Comparative analysis of data frameworks for agricultural policy analysis: The WTO-notificaitons and the OECD's PSE database
The OECD and the WTO have accumulated systematic data on the magnitude of support going to farmers as a result of farm policies. The datasets are collected for different purposes, but give a detailed picture of the evolution of these policies. This paper extends recent work on the compatibility of these two classification systems with a focus on Norway, Switzerland, the US and the EU. The results show how the OECD data set, particularly with respect to the link between direct payments and production requirements, complements that of the WTO. Many payments classified as in the WTO Green Box require production, raising the possibility that they may not be trade-neutral. Though the issue of correct notifications to the WTO is the province of lawyers, the implications for modeling and policy analysis is more interesting to economists. And the broader question of improving the consistency of the two datasets is of importance in the quest for transparency.
This work was undertaken while Mittenzwei was a Research Fellow at the Europe Center.
Takeo Hoshi
Takeo Hoshi was Henri and Tomoye Takahashi Senior Fellow at the Freeman Spogli Institute for International Studies (FSI), Professor of Finance (by courtesy) at the Graduate School of Business, and Director of the Japan Program at the Shorenstein Asia-Pacific Research Center (APARC), all at Stanford University. He served in these roles until August 2019.
Before he joined Stanford in 2012, he was Pacific Economic Cooperation Professor in International Economic Relations at the Graduate School of International Relations and Pacific Studies (IR/PS) at University of California, San Diego (UCSD), where he conducted research and taught since 1988.
Hoshi is also Visiting Scholar at Federal Reserve Bank of San Francisco, Research Associate at the National Bureau of Economic Research (NBER) and at the Tokyo Center for Economic Research (TCER), and Senior Fellow at the Asian Bureau of Finance and Economic Research (ABFER). His main research interest includes corporate finance, banking, monetary policy and the Japanese economy.
He received 2015 Japanese Bankers Academic Research Promotion Foundation Award, 2011 Reischauer International Education Award of Japan Society of San Diego and Tijuana, 2006 Enjoji Jiro Memorial Prize of Nihon Keizai Shimbun-sha, and 2005 Japan Economic Association-Nakahara Prize. His book titled Corporate Financing and Governance in Japan: The Road to the Future (MIT Press, 2001) co-authored with Anil Kashyap (Booth School of Business, University of Chicago) received the Nikkei Award for the Best Economics Books in 2002. Other publications include “Will the U.S. and Europe Avoid a Lost Decade? Lessons from Japan’s Post Crisis Experience” (Joint with Anil K Kashyap), IMF Economic Review, 2015, “Japan’s Financial Regulatory Responses to the Global Financial Crisis” (Joint with Kimie Harada, Masami Imai, Satoshi Koibuchi, and Ayako Yasuda), Journal of Financial Economic Policy, 2015, “Defying Gravity: Can Japanese sovereign debt continue to increase without a crisis?” (Joint with Takatoshi Ito) Economic Policy, 2014, “Will the U.S. Bank Recapitalization Succeed? Eight Lessons from Japan” (with Anil Kashyap), Journal of Financial Economics, 2010, and “Zombie Lending and Depressed Restructuring in Japan” (Joint with Ricardo Caballero and Anil Kashyap), American Economic Review, December 2008.
Hoshi received his B.A. in Social Sciences from the University of Tokyo in 1983, and a Ph.D. in Economics from the Massachusetts Institute of Technology in 1988.
Never Waste a Crisis: the European Left Holds the Key to Solving Common Challenges
Is the Eurozone crisis undermining European democratic socialism? Why the current economic and fiscal crisis is cause for concern and opportunity, not alarm nor decline, for the future of the European Left.
This is part of the Europe Center's series on the "European and Global Economic Crisis".
Pia Olsen Dyhr was appointed Minister for Trade and Investment in October 2011. Pia Olsen Dyhr became member of the Danish Parliament (Folketing) for The Socialist People’s Party in 2007. Before joining Parliament, she worked with policy, international relations, trade, and environmental issues at the non-governmental organizations CARE Denmark and the Danish Society for the Conservation of Nature. She carries a MA in Political Science from University of Copenhagen.
CISAC Conference Room
Delivering Justice to the Poor: Evidence from a Field Experiment in Liberia
Abstract:
CDDRL post-doctoral fellow Bilal Siddiqi will address the question of whether progressive, statutory legal reform can meaningfully affect the lives of the poor, using observational and experimental evidence from Liberia in a new study co-authored with Justin Sandefur at the Center for Global Development. The authors develop a simple model of forum choice and test it using new survey data on over 4,500 legal disputes taken to a range of customary and formal legal institutions in rural Liberia. Their results suggest that the poor would benefit most from access to low-cost, remedial justice that incorporates the progressive features of the formal law. They then present the results of a randomized controlled trial of a legal empowerment intervention in Liberia providing pro bono mediation and advocacy services, using community paralegals trained in the formal law. The authors find strong and robust impacts on justice outcomes, as well as significant downstream welfare benefits—including increases in household and child food security of 0.24 and 0.38 standard deviations, respectively. They interpret these results as preliminary evidence that there are large socioeconomic gains to be had from improving access to justice, not by bringing the rural poor into the formal domain of magistrates’ courts, government offices, and police stations, but by bringing the formal law into the organizational forms of the custom through third-party mediation and advocacy.
About the Speaker:
Bilal Siddiqi is a postdoctoral scholar affiliated with the Empirical Studies of Conflict project (esoc.princeton.edu). His research focuses on micro-institutions, formal and informal legal systems, peace-building and state accountability in post-conflict settings. He is currently involved in several field experiments in Sierra Leone and Liberia, including a randomized controlled trial of two non-financial incentive mechanisms in Sierra Leone’s public health sector; experimental evaluations of community-based paralegal programs in Liberia and Sierra Leone; and a randomized controlled trial of a community reconciliation program in Sierra Leone.
Bilal received his Ph.D. and M.Phil. in economics from Oxford University, where he studied as a Rhodes Scholar. Prior to Stanford, he was based at the Institute for International Economic Studies (IIES) at Stockholm as a Marie Curie / AMID Scholar; and has also spent time at the Center for Global Development in Washington, DC, where he worked on aid effectiveness in global health. He holds a B.Sc. (Hons) from the Lahore University of Management Sciences in Lahore, Pakistan.
Encina Ground Floor Conference Room
Bilal Siddiqi
Encina Hall
616 Serra Street
Stanford, CA 94305-6055
Bilal Siddiqi is a postdoctoral scholar affiliated with the Empirical Studies of Conflict project (esoc.princeton.edu). His research focuses on micro-institutions, formal and informal legal systems, peace-building and state accountability in post-conflict settings. He is currently involved in several field experiments in Sierra Leone and Liberia, including a randomized controlled trial of two non-financial incentive mechanisms in Sierra Leone’s public health sector; experimental evaluations of community-based paralegal programs in Liberia and Sierra Leone; and a randomized controlled trial of a community reconciliation program in Sierra Leone.
Bilal received his Ph.D. and M.Phil. in economics from Oxford University, where he studied as a Rhodes Scholar. Prior to Stanford, he was based at the Institute for International Economic Studies (IIES) at Stockholm as a Marie Curie / AMID Scholar; and has also spent time at the Center for Global Development in Washington, DC, where he worked on aid effectiveness in global health. He holds a B.Sc. (Hons) from the Lahore University of Management Sciences in Lahore, Pakistan.
The Problem of Emergence
CISAC Conference Room
ICC Speaker Series- The International Criminal Court: The Next Decade
Richard Steinberg is Professor of Law at UCLA and the Director of the Sanela Diana Jenkins Human Rights Project. In addition to his UCLA appointment, Professor Steinberg is currently a Visiting Scholar at the Stanford Department of Political Science.
Professor Steinberg has written over forty articles on international law. His most recent books are Assessing the Legacy of the ICTY (forthcoming 2010, Martinus Nijhoff), International Institutions (co-edited, 2009, SAGE), International Law and International Relations (co-edited, 2007, Cambridge University Press), and The Evolution of the Trade Regime: Economics, Law, and Politics of the GATT/WTO (co-authored, 2006, Princeton University Press).
Helen Stacy is Senior Fellow at the Freeman Spogli Institute for International Studies (FSI) and Director of the Program on Human Rights at CDDRL
As a scholar of international and comparative law, legal philosophy, and human rights, Helen Stacy has produced works analyzing the efficacy of regional courts in promoting human rights, differences in the legal systems of neighboring countries, and the impact of postmodernism on legal thinking. Her recent scholarship has focused on how international and regional human rights courts can improve human rights standards while also honoring social, cultural, and religious values.
Bechtel Conference Center