European Union
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During the past few years, the European Union has experienced one of the most difficult periods in its now sixty-year long process of unification. To fight the current eurocrisis, the EU has taken further steps toward integration that seemed unthinkable just a few years ago. In this seminar, we will discuss the challenges and opportunities the crisis offers for more European unification.

Ambassador Veestraeten has been the Belgian Consul General in Los Angeles since September 2012. Prior to his arrival in California he was Belgian Ambassador to Thailand. He has also held positions at the Belgian Embassies in Nigeria, Bulgaria, Kenya and Washington DC. Amb. Veestraeten holds a degree in Romance Literature from KU Leuven.

This event is part of The Europe Center's series on the "European and Global Economic Crisis."

Daniel and Nancy Okimoto Conference Room

Rudi Veestraeten Consul General to the US Speaker the Consulate General of Belgium in Los Angeles
Seminars
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Former Henri H. and Tomoye Takahashi Senior Fellow in Japanese Studies at the Freeman Spogli Institute for International Studies
Former Professor, by courtesy, of Finance at the Graduate School of Business
takeo_hoshi_2018.jpg PhD

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.

Former Director of the Japan Program at the Shorenstein Asia-Pacific Research Center
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Encina Hall
616 Serra Street
Stanford, CA 94305-6055

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Fulbright and BAEF postdoctoral fellow 2012-2013
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Karen Del Biondo is a 2012-2013 postdoctoral scholar at CDDRL. Her research is funded with a Fulbright-Schuman award and a postdoctoral grant from the Belgian-American Educational Foundation (BAEF). She holds an MA in Political Science (International Relations) from Ghent University and an MA in European Studies from the Université Libre de Bruxelles. In 2007-2008 she obtained a Bernheim fellowship for an internship in European affairs at the Belgian Ministry of Foreign Affairs and Permanent Representation to the EU. 

Karen Del Biondo obtained her PhD at the Centre for EU Studies, Ghent University in September 2012 with a dissertation entitled ‘Norms, self-interest and effectiveness: Explaining double standards in EU reactions to violations of democratic principles in sub-Saharan Africa’. Her PhD research was funded by the Flemish Fund for Scientific Research (FWO). Apart from her PhD research, she has been involved in the research project ‘The Substance of EU Democracy Promotion’ (Ghent University/University of Mannheim/Centre of European Policy Studies) and has published on the securitisation of EU development policies. In January 2011 she conducted field research in Addis Ababa, Ethiopia. Her postdoctoral research will focus on the comparison between EU and US democracy assistance in sub-Saharan Africa.

Karen Del Biondo’s recent publications include: ‘Security and Development in EU External Relations: Converging, but in which direction?’ (with Stefan Oltsch and Jan Orbie), in S. Biscop & R. Whitman (eds.) Handbook of European Union Security, Routledge (2012); ‘Democracy Promotion Meets Development Cooperation: The EU as a Promoter of Democratic Governance in Sub-Saharan Africa’, European Foreign Affairs Review, Vol. 16, N°5, 2011, 659-672; and ‘EU Aid Conditionality in ACP Countries. Explaining Inconsistency in EU Sanctions Practice’, Journal of Contemporary European Research, Vol. 7, N°3, 2011, 380-395.

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The debt crisis is clear: Smaller areas can be managed better than large nations. Therefore they should be autonomous - under the umbrella of the European Union.

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Publication Type
Commentary
Publication Date
Journal Publisher
Financial Times Germany
Authors
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Ambassador Joon-woo Park, the 2011–12 Koret Fellow and a former senior diplomat from Korea, will give a historical review of Korea-Vietnam bilateral relations, including the effects of Korea's participation in the Vietnam War; bilateral relations today including diplomatic, economic and cultural exchanges; and prospects for future developments and cooperation for East Asian integration.

As a career diplomat, Ambassador Park served in numerous key posts, including those of Ambassador to the European Union and to Singapore and Presidential Advisor on Foreign Affairs. Park worked closely for over 20 years with Ban Ki-moon, the former Korean diplomat who is now the United Nations Secretary-General.

This event is made possible by the generous support from the Koret Foundation.

Oksenberg Conference Room

Shorenstein APARC
Encina Hall C324
616 Serra Street
Stanford University
Stanford, CA 94305-6055

(650) 724-6404 (650) 723-6530
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2011-2012 Koret Fellow
ParkJoonWoo_Web.jpg

Joon-woo Park, a former senior diplomat from Korea, is the 2011–12 Koret Fellow with the Korean Studies Program (KSP).

Park brings over 30 years of foreign policy experience to Stanford, including a deep understanding of the U.S.-Korea relationship, bilateral relations, and major Northeast Asian regional issues. In view of Korea’s increasingly important presence as a global economic and political leader, Park will explore foreign policy strategies for furthering this presence. In addition, he will consider possibilities for increased U.S.-Korea collaboration in their relations with China, as well as prospects for East Asian regional integration based on the European Union (EU) model. He will also teach a course during the winter quarter, entitled Korea's Foreign Policy in Transition.

In 2010, while serving as ambassador to the EU, Park signed the EU-South Korea Free Trade Agreement (FTA) in Brussels. That same year he also completed the Framework Agreement, strengthening EU-South Korea collaboration on significant global issues, such as human rights, the non-proliferation of nuclear weapons, and climate change. Park’s experience with such major bilateral agreements comes as the proposed Korea-U.S. FTA is nearing ratification.

Park holds a BA and an MA in law from Seoul National University.

The Koret Fellowship was established in 2008 through the generosity of the Koret Foundation to promote intellectual diversity and breadth in KSP, bringing leading professionals in Asia and the United States to Stanford to study U.S.-Korea relations. The fellows conduct their own research on the bilateral relationship, with an emphasis on contemporary relations, with the broad aim of fostering greater understanding and closer ties between the two countries.

Joon-woo Park 2011-2012 Koret Fellow in Korean Studies Program, Shorenstein APARC Speaker
Seminars
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In this article, Professor Christophe Crombez (Stanford University) and Wim Van Gestel (University of Leuven)  formulate a game-theoretical model of closed rule legislation in the presence of informational asymmetries. In the model, an agenda setter with private information proposes a policy to a legislature. The legislature appoints an oversight committee to monitor the agenda setter. Crombez and Van Gestel study the rationale for this appointment, and analyze the equilibrium oversight committee member choices for the legislators. They conclude that it is optimal for the legislators to appoint oversight committee members who are as far from them as is the agenda setter, but in the opposite direction, rather than do the monitoring themselves. The appointment of such oversight committee members represents a credible means for the legislators to commit to reject proposals that they only marginally prefer to the status quo.
 

 

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Publication Type
Journal Articles
Publication Date
Journal Publisher
The Journal of Theoretical Politics
Authors
Christophe Crombez

Shorenstein APARC
Encina Hall C324
616 Serra Street
Stanford University
Stanford, CA 94305-6055

(650) 724-6404 (650) 723-6530
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2011-2012 Koret Fellow
ParkJoonWoo_Web.jpg

Joon-woo Park, a former senior diplomat from Korea, is the 2011–12 Koret Fellow with the Korean Studies Program (KSP).

Park brings over 30 years of foreign policy experience to Stanford, including a deep understanding of the U.S.-Korea relationship, bilateral relations, and major Northeast Asian regional issues. In view of Korea’s increasingly important presence as a global economic and political leader, Park will explore foreign policy strategies for furthering this presence. In addition, he will consider possibilities for increased U.S.-Korea collaboration in their relations with China, as well as prospects for East Asian regional integration based on the European Union (EU) model. He will also teach a course during the winter quarter, entitled Korea's Foreign Policy in Transition.

In 2010, while serving as ambassador to the EU, Park signed the EU-South Korea Free Trade Agreement (FTA) in Brussels. That same year he also completed the Framework Agreement, strengthening EU-South Korea collaboration on significant global issues, such as human rights, the non-proliferation of nuclear weapons, and climate change. Park’s experience with such major bilateral agreements comes as the proposed Korea-U.S. FTA is nearing ratification.

Park holds a BA and an MA in law from Seoul National University.

The Koret Fellowship was established in 2008 through the generosity of the Koret Foundation to promote intellectual diversity and breadth in KSP, bringing leading professionals in Asia and the United States to Stanford to study U.S.-Korea relations. The fellows conduct their own research on the bilateral relationship, with an emphasis on contemporary relations, with the broad aim of fostering greater understanding and closer ties between the two countries.

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