In 1985, James A. Baker III's “Program for Sustained Growth” proposed a set of economic policy reforms, including inflation stabilization, trade liberalization, greater openness to foreign investment, and privatization, that he believed would lead to faster growth in countries then known as the Third World, but now categorized as emerging and developing economies (EMDEs).

A country-specific, time-series assessment of the reform process reveals three clear facts. First, in the 10-year-period after stabilizing high inflation, the average growth rate of real GDP in EMDEs is 2.6 percentage points higher than in the prior ten-year period. Second, the corresponding growth increase for trade liberalization episodes is 2.66 percentage points. Third, in the decade after opening their capital markets to foreign equity investment, the spread between EMDEs average cost of equity capital and that of the US declines by 240 basis points. The three central facts of reform provide empirical support for the Baker Hypothesis.

ABOUT THE SPEAKER

Peter Blair Henry is the Class of 1984 Senior Fellow at Stanford University’s Hoover Institution, a senior fellow at Stanford’s Freeman Spogli Institute for International Studies, and dean emeritus of New York University’s Leonard N. Stern School of Business. The youngest person ever named to the Stern Deanship, Henry has authored numerous peer-reviewed articles in the flagship journals of economics and finance, as well as a book on global economic policy, Turnaround: Third World Lessons for First World Growth (Basic Books).

Virtual to Public. Only those with an active Stanford ID with access to E008 in Encina Hall may attend in person.

It’s almost impossible to sue a foreign government in U.S. courts. The Foreign Sovereign Immunities Act, the court-created “act of state” doctrine, and other common-law immunities shield foreign officials and governments from most lawsuits. For instance, courts have dismissed claims against China, Cuba, Venezuela, and Russia over allegations of torture, detentions, and election interference. Yet foreign governments have unfettered access to U.S. courts as plaintiffs. And foreign dictatorships—including Russia, China, Turkey, and Venezuela—have leveraged this access to harass political dissidents, critics, and even newspapers in the United States. These doctrines create an asymmetry at the heart of this Article: foreign dictators and their proxies can access our courts as plaintiffs to harass their opponents, but their regimes are, in turn, immune from lawsuits here.

This seminar will expose that asymmetry and argue that U.S. courts and Congress should make it harder for foreign dictators to abuse our legal system. This seminar offers three novel contributions. First, this seminar provides the first systematic assessment of foreign dictatorships in U.S. courts. While much of the literature is siloed by area of substantive law—focusing on contexts like human rights or property expropriations—this seminar treats dictators as a transsubstantive category of litigants, worthy of special analysis. Second, this seminar exposes how foreign dictators are increasingly taking advantage of U.S. courts and comity doctrines, especially as plaintiffs. In a misguided effort to promote harmonious foreign relations, courts have provided foreign dictators an array of protections and privileges, which dicta- tors are eagerly exploiting. Finally, this seminar demonstrates that there is no historical, constitutional, or statutory obligation on U.S. courts to give foreign dictators these legal protections and unfettered access to our courts. Because of that, I offer four concrete proposals to both stymie dictators’ access to U.S. courts as plaintiffs—through a proposed foreign sovereign anti-SLAPP statute—and weaken the protections that dictators enjoy as defendants. Simply stated, U.S. courts should not be instruments of foreign authoritarian oppression.

ABOUT THE SPEAKER

Diego A. Zambrano’s primary research and teaching interests lie in the areas of civil procedure, transnational litigation, and judicial federalism. His work explores the civil litigation landscape: the institutions, norms, and incentives that influence litigant and judicial behavior. Professor Zambrano also has an interest in comparative constitutional law and legal developments related to Venezuela. He currently leads an innovative Stanford Policy Lab tracking “Global Judicial Reforms” and has served as an advisor to pro-democracy political parties in Venezuela. In 2021, Professor Zambrano received the Barbara Allen Babcock Award for Excellence in Teaching.

Professor Zambrano’s scholarship has appeared or is forthcoming at the Columbia Law Review, University of Chicago Law Review, Michigan Law Review, Northwestern University Law Review, Stanford Law Review, and Virginia Law Review, among other journals, and has been honored by the American Association of Law Schools (AALS) and the National Civil Justice Institute. Professor Zambrano will be a co-author of the leading casebook Civil Procedure: A Modern Approach (8th ed. 2024) (with Marcus, Pfander, and Redish). In addition, Professor Zambrano serves as the current chair of the Federal Courts Section of the AALS. He also writes about legal issues for broader public audiences, with his contributions appearing in the Wall Street Journal, BBC News, and Lawfare.

After graduating with honors from Harvard Law School in 2013, Professor Zambrano spent three years as an associate at Cleary Gottlieb in New York, focusing on transnational litigation and arbitration. Before joining Stanford Law School in 2018, Professor Zambrano was a Bigelow Teaching Fellow at the University of Chicago Law School.

Virtual to Public. Only those with an active Stanford ID with access to E008 in Encina Hall may attend in person.

On April 26, 2023, Israel will mark its 75th birthday as a modern independent state. It is a bittersweet anniversary.

On the one hand, Israelis can (and do) look back at 75 years of remarkable socio-economic, technological, diplomatic, and political development achieved under conditions of extreme adversity. On the other hand, Israel is currently experiencing its worst constitutional crisis and is facing a number of internal and external challenges that threaten to unravel its political order, divide its people, distance it from its closest allies, empower its adversaries, and undermine its national security.

The occasion of this significant anniversary provides a unique opportunity to discuss the past, present, and possible futures of Israeli democracy.

ABOUT THE SPEAKER

Amichai Magen is a visiting Associate Professor and visiting fellow in Israel Studies at Stanford University. In Israel he serves as the head of the MA Program in Diplomacy & Conflict Studies, and Director of the Program on Democratic Resilience and Development (PDRD) at the Lauder School of Government, Diplomacy and Strategy, Reichman University, Herzliya. Magen’s research and teaching interests include Democracy, the Rule of Law, Liberal Orders, and Political Violence.

Amichai Magen received the Yitzhak Rabin Fulbright Award (2003), served as a pre-doctoral fellow at the Center on Democracy, Development, and the Rule of Law (CDDRL), Stanford University, and was the first Israeli to be awarded the prestigious National Fellow Award at the Hoover Institution (2008). In 2016 he was named Richard von Weizsäcker Fellow of the Robert Bosch Academy, an award that recognizes outstanding thought-leaders around the world. Between 2018 and 2022, he was Principal Investigator in two European Union Horizon 2020 research consortia, EU-LISTCO and RECONNECT.

Amichai Magen is a Board Member of the International Coalition for Democratic Renewal (ICDR), the Israel Council on Foreign Relations (ICFR), the Israeli Association for the Study of European Integration (IASEI), and the Institute for Political Studies at the Catholic University of Lisbon, Portugal. He also serves on the Editorial Board of the Israel Journal of Foreign Affairs (IJFA), published quarterly by Taylor & Francis.

Virtual to Public. Only those with an active Stanford ID with access to E008 in Encina Hall may attend in person.