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* Please note all CISAC events are scheduled using the Pacific Time Zone.

 

Register in advance for this webinar: https://stanford.zoom.us/webinar/register/8416226562432/WN_WLYcdRa6T5Cs1MMdmM0Mug

 

About the Event: Is there a place for illegal or nonconsensual evidence in security studies research, such as leaked classified documents? What is at stake, and who bears the responsibility, for determining source legitimacy? Although massive unauthorized disclosures by WikiLeaks and its kindred may excite qualitative scholars with policy revelations, and quantitative researchers with big-data suitability, they are fraught with methodological and ethical dilemmas that the discipline has yet to resolve. I argue that the hazards from this research—from national security harms, to eroding human-subjects protections, to scholarly complicity with rogue actors—generally outweigh the benefits, and that exceptions and justifications need to be articulated much more explicitly and forcefully than is customary in existing work. This paper demonstrates that the use of apparently leaked documents has proliferated over the past decade, and appeared in every leading journal, without being explicitly disclosed and defended in research design and citation practices. The paper critiques incomplete and inconsistent guidance from leading political science and international relations journals and associations; considers how other disciplines from journalism to statistics to paleontology address the origins of their sources; and elaborates a set of normative and evidentiary criteria for researchers and readers to assess documentary source legitimacy and utility. Fundamentally, it contends that the scholarly community (researchers, peer reviewers, editors, thesis advisors, professional associations, and institutions) needs to practice deeper reflection on sources’ provenance, greater humility about whether to access leaked materials and what inferences to draw from them, and more transparency in citation and research strategies.

View Written Draft Paper

 

About the Speaker: Christopher Darnton is a CISAC affiliate and an associate professor of national security affairs at the Naval Postgraduate School. He previously taught at Reed College and the Catholic University of America, and holds a Ph.D. in Politics from Princeton University. He is the author of Rivalry and Alliance Politics in Cold War Latin America (Johns Hopkins, 2014) and of journal articles on US foreign policy, Latin American security, and qualitative research methods. His International Security article, “Archives and Inference: Documentary Evidence in Case Study Research and the Debate over U.S. Entry into World War II,” won the 2019 APSA International History and Politics Section Outstanding Article Award. He is writing a book on the history of US security cooperation in Latin America, based on declassified military documents.

Virtual Seminar

Christopher Darnton Associate Professor of National Security Affairs Naval Postgraduate School
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This talk will be in Chinese (Mandarin).

In this talk, Professor Ge Zhaoguang (葛兆光) will take on fundamental questions on the evolution of “China” as a historical entity (“何谓中国”). His talk will problematize the concept of “China”, discuss issues related to Chinese identity and the “inner” and “outer” historical changes over time. These issues are examined in the context of China’s distinct transformation from a traditional dynasty into a modern state. Professor Ge will provide his reflections of understanding China from a comparative perspective.

This event is free and open to the public. Please RSVP here.



About the Speaker
 

Ge Zhaoguang headshot.

Professor Ge Zhaoguang is a University Distinguished Professor of Fudan University in Shanghai, China. An eminent historian and public intellectual, he has published influential works in the areas of social thoughts, intellectual history, global history, and histography of China and Asia Studies. Many of His works are translated into English, including What Is China?: Territory, Ethnicity, Culture, and History (Harvard University Press, 2018); An Intellectual History of China (two volumes) (Brill, 2014, 2018). He is the recipient of many honors, including first “Princeton Global Scholar (2009), “Asia and Pacific Award” (2014) in Japan, “Paju Book Award” (2014) in South Korea, and HongKong Book Award (2015).



This talk is co-sponsored by Center for East Asian Studies (CEAS), the Department of East Asian Language and Civilization (EALC) and Stanford Center on China’s Economy and Institutions (SCCEI).


 

Lathrop Library, 224
518 Memorial Way, Stanford, CA 94305

Ge Zhaoguang, Fudan University
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This paper examines whether education can play a role in mitigating gender inequality in the process of sectoral reallocation of labour. We exploit the exogenous variations in educational attainment induced by the implementation of the 1986 Compulsory Education Law (CEL) in China. Using data from the 2018 wave of the China Family Panel Studies (CFPS) and a cohort difference-in-differences (DID) approach, we find that the CEL narrowed the gender gap in education for rural residents, but it did not reduce gender inequality in labour market outcomes, such as wage labour participation and wage rate. Our analysis reveals that this persistent inequality in labour market outcomes can be attributed to gender differences in migration and occupational choices. Specifically, rural males exposed to the CEL were more likely to migrate outside local provinces and work in low-skilled manufacturing sectors, while rural females tended to stay within local counties and work in low-skilled service sectors. Furthermore, we provide evidence that their differential migration responses are driven by household labour divisions and social gender norms, rather than disparities in cognitive skills.

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The Journal of Development Studies
Authors
Gang Xie
Scott Rozelle
Scott Rozelle
Chengfang Liu
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After almost two years of hard work and study, the 2025 cohort of the Ford Dorsey Master's in International Policy program (MIP) is preparing for the final stretch of their learning journey at the Freeman Spogli Institute for International Studies (FSI). 

Each year, second-year MIP students participate in the Policy Change Studio, which takes their learning out of the realm of theory and into hands-on, on-the-ground application. Recognizing that the world outside the classroom is much more complex, bureaucratic, and constrained than textbook case studies, the Studio is a two-quarter course designed to provide students with direct experience researching, developing, and implementing policy goals.   

Our students are setting out for Belgium, Mongolia, Ghana, Australia, and India to work directly with research groups, NGOs, and policy institutions on pressing challenges affecting local communities and global alliances alike. Keep reading to learn more about each project.

 

Securing Trust: A Framework for Effective Cyber Threat Information Sharing in NATO

Over the past few months, through problem identification and early solutions development, our research has identified three key challenges in NATO’s cyber threat information sharing landscape. First, despite the presence of existing protocols such as NCIRC and MISP, significant communication
[Left to right]: Emerson Johnston, Tiffany Saade, Chan Leem
Emerson Johnston, Tiffany Saade, Chan Leem, Markos Magana (not pictured)

gaps persist between stakeholders. This is exacerbated by the lack of clear, standardized specifications from NATO, leading to inconsistent implementation and operational friction. Second, at its core, this is an intelligence-sharing challenge: member states operate under different national frameworks, threat perceptions, and priorities, which influence what information they are willing (or unwilling) to share. Third, the fragmentation of sharing systems is not merely a technical hurdle but often a deliberate choice made for operational and security reasons, reflecting concerns over sovereignty, data protection, and strategic advantage.

While technological advancements can enhance interoperability, they alone will not drive adoption. Our research highlights that the underlying issue is one of trust and incentives—NATO must establish mechanisms that encourage collaboration beyond just technological solutions. Without a strong foundation of mutual trust, transparency, and shared benefits, even the most advanced systems will face resistance. Creating sustainable incentives for participation—whether through policy alignment, risk reduction assurances, or value-added intelligence sharing—will be essential in fostering a more effective and unified cyber defense posture within NATO.

 

Cultivating Community-Led Policies: GerHub and Mongolia’s Billion Trees Initiative

Our team is collaborating with GerHub in Mongolia to establish an influential policy think tank aimed at fostering community-informed and data-driven policymaking. Leveraging GerHub’s unique and extensive connections within the ger communities of Mongolia, we aim to empower policies that authentically reflect local needs and insights.
[Left to right]: Julia Ilhardt, Serena Rivera-Korver, Johanna von der Leyen, and Michael Alisky
Julia Ilhardt, Serena Rivera-Korver, Johanna von der Leyen, and Michael Alisky

A key component of our project involves conducting in-depth research and stakeholder interviews focused on Mongolia's "Billion Trees Initiative," where we will be seeking actionable insights to scale up the initiative effectively and sustainably.

 

Countering Coordinated Political Disinformation Campaigns in Ghana

Our team is working with the Africa Center for Strategic Studies to examine disinformation issues in Ghana. We are focusing on how coordinated influence operations are being used to create and spread political disinformation. We aim to understand how PR companies and
[Left to right]: Euysun Hwang, Sakeena Razick, Leticia Lie, and Julie Tamura
Euysun Hwang, Sakeena Razick, Leticia Lie, Julie Tamura, and Anjali Kumar (not pictured)

influencers work with politicians to coordinate these influence operations and shape public opinion. Our policy recommendations will address how governments and civil societies can work together to tackle this issue.

 

The recent ratification of the Technology Safeguard Agreement (TSA) by the United States and Australia lays the foundation for smoother exchange of commercial space technologies and permits U.S. commercial space launch companies to conduct reentry in Australia. With the sponsorship of the
[Left to right]: Samara Nassor, Gustavs Zilgalvis, and Helen Phillips
Samara Nassor, Gustavs Zilgalvis, Helen Phillips, and Joe Wishart (not pictured)

Australian Space Agency and U.S. Defense Innovation Unit, the goal of this project is to leverage Australia's strategic geographic position and investment in reentry infrastructure to mitigate the hurdles that U.S. commercial startups experience accessing military ranges for reentry. Our project aims to create a robust foundation for the development of orbital return capabilities in Australia, fostering greater commercial and national security collaboration between the U.S. and Australia.

 

Overcoming Computational Resource Gaps for Open Source AI in India

Our team is working with Digital Futures Lab (DFL), a non-profit research network in India that examines the intersection of technology and society in the Global South. Our project focuses on identifying the key components of open source AI in India and how limited access
[Left to right]: Sandeep Abraham, Sabina Nong, Kevin Klyman, and Emily Capstick
Sandeep Abraham, Sabina Nong, Kevin Klyman, and Emily Capstick

to computational resources acts as a barrier to adoption. India has a thriving tech sector, and openly available AI models have the potential to democratize access to this trailblazing technology. At the same time, AI is expensive to build and deploy, and access to the specialized computational resources needed to do so is limited even for top Indian companies. Our team aims to develop solutions in partnership with Digital Futures Lab that can help bolster the AI ecosystem across India.

 

Combating Human Trafficking in the Informal Mining Industry in Ghana

Our team is working with the Ghana Center for Democratic Development to identify ways to disrupt human trafficking into forced labor in Ghana’s informal mining sector. So far, our research and conversations with stakeholders has highlighted the complex systems — ranging from poverty to illicit networks —
[Left to right]: Alex Bue, Rachel Desch, and Marco Baeza
Alex Bue, Rachel Desch, Marco Baeza, and Hye Jin Kim (not pictured)

that contribute to this issue. During our fieldwork, we will explore community- and government-driven programs aimed at preventing and combating trafficking. Our final report will analyze existing policies, pinpoint gaps, and propose community-led interventions to address them.

 

The Ford Dorsey Master's in International Policy

Want to learn more? MIP holds admission events throughout the year, including graduate fairs and webinars, where you can meet our staff and ask questions about the program.

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The Class of 2026 of the Ford Dorsey Master's in International Policy on the steps of Encina Hall at Stanford University.
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Meet the Ford Dorsey Master's in International Policy Class of 2026

Hailing from every corner of the globe, the new class of the Ford Dorsey Master's in International Policy is ready to make an impact on nuclear policy, digital trust and safety, rural investment, and more.
Meet the Ford Dorsey Master's in International Policy Class of 2026
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New Continuing Studies Course with CDDRL Scholars on Geopolitics in the 21st-Century Middle East

Open for enrollment now through Stanford Continuing Studies, "Geopolitics in the 21st-Century Middle East: Insights from Stanford Scholars and Other Experts" will run online for ten weeks on Wednesdays, from April 2 through June 4.
New Continuing Studies Course with CDDRL Scholars on Geopolitics in the 21st-Century Middle East
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Blogs

SPICE Provides Excellent Learning Opportunities for Japanese University Students

SPICE/Stanford collaborates with the Graduate School of Education at the University of Tokyo.
SPICE Provides Excellent Learning Opportunities for Japanese University Students
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Students in the Ford Dorsey Master's in International Policy program are practicing their policymaking skills through projects on cybersecurity within NATO, countering political disinformation in Ghana, commercial space technology in Australia, and more.

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Background: Micronutrient powder (MNP or Yingyangbao, a dietary supplement that contains multiple vitamins and minerals) programs can reduce the risk of anemia among children. One such program in China distributed free MNP to children aged 6–24 months in poor rural areas. However, there are indications that the generation of primary caregiver (i.e., parent or grandparent) may influence MNP feeding behavior. The purpose of this study was to investigate the prevalence and influencing factors of effective MNP feeding behavior among parents and grandparents in a rural developing setting.

Methods: We conducted a cross-sectional study of 884 caregivers and children in formerly impoverished rural areas of Sichuan Province using multi-stage random sampling. Data were collected on caregivers’ MNP feeding behavior, their core perceptions and health beliefs about MNP, children’s responses to MNP, MNP delivery patterns, and demographic characteristics. Influencing factors of parents’ and grandparents’ MNP feeding behavior were analyzed using two-level logistic regression.

Results: Total effective MNP feeding behavior rate among caregivers was 40.95%. Grandparents demonstrated higher MNP adoption than parents (χ2 = 4.445, P = 0.035). After controlling for sociodemographic characteristics, grandparents were more likely than parents to achieve effective MNP adoption (OR = 1.360, P = 0.035); child’s preference for MNPs (ORparental subgroup = 1.736, ORgrandparental subgroup = 1.496; P < 0.050) and caregiver’s self-efficacy (ORparental subgroup = 1.157, ORgrandparental subgroup = 1.393; P < 0.050) were influencing factors of feeding behavior for caregivers of both generations. Parents were also influenced by perceived barriers to feeding MNPs (OR = 0.904, P = 0.040), while grandparents were more strongly influenced by child’s discomfort to MNPs (OR = 0.240, P = 0.023) and caregiver’s knowledge about MNPs (OR = 1.557, P = 0.014).

Conclusion: Future efforts to improve the feeding behavior of caregivers in MNP programs both in China and abroad should improve children’s preference for MNP by changing its composition and taste, and increase caregivers’ feeding self-efficacy through health education. Moreover, parents should be taught to cope with time and ability barriers that may limit MNP adoption, while grandparents should be emphasized the importance and potential side effects of MNP.

Journal Publisher
BMC Public Health
Authors
Yiran Tian
Fangqun Leng
Xinru Zhou
Yadi He
Linhua Li
Ruixue Ye
Andrew Rule
Jieyuan Feng
Scott Rozelle
Scott Rozelle
Yuju Wu
Huan Zhou
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The effects of psychological factors on complementary feeding behavior have been widely described, yet the mechanisms underlying the complex relationships among personality traits, self-efficacy, and complementary feeding behavior remain unclear. This cross-sectional study was conducted using a multi-stage cluster sampling process to select caregiver-child dyads in Western rural China. Personality traits, self-efficacy, and complementary feeding behavior were evaluated respectively. Both multiple logistic regression and Bayesian network structure (BNs) were used to explore these associations. A total of 787 caregiver-child dyads were enrolled. Results from multiple logistic regression indicated that caregivers with medium (OR = 2.05, p < 0.001) or high (OR = 1.58, p = 0.04) levels of extraversion, as well as those with high self-efficacy recording complementary feeding (OR = 2.08, p < 0.001), significantly increased the likelihood of meeting the criteria for the Infant and Child Feeding Index (ICFI) qualification. Further, BNs were employed to elucidate the pathways of influence, revealing a direct association between the caregiver's level of extraversion, level of self-efficacy and the ICFI. Additionally, the analysis indicated that a caregiver's openness indirectly influenced the ICFI through its influence on self-efficacy regarding complementary feeding. This is one of few studies exploring associations between personality traits, self-efficacy, and complementary feeding behavior. The study highlights the importance of understanding individual differences in caregiving and suggests that interventions should focus on enhancing caregivers' self-efficacy, rather than solely targeting personality traits.

Journal Publisher
Maternal and Child Nutrition
Authors
Xinru Zhou
Yiran Tian
Zhengjie Cai
Linhua Li
Yuju Wu
Guo Zeng
Jieyuan Feng
Scott Rozelle
Scott Rozelle
Hein Raat
Huan Zhou
Authors
Soraya Johnson
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The "Meet Our Researchers" series showcases the incredible scholars at Stanford’s Center on Democracy, Development and the Rule of Law (CDDRL). Through engaging interviews conducted by our undergraduate research assistants, we explore the journeys, passions, and insights of CDDRL’s faculty and researchers.

Michael Bennon is a Research Scholar and program manager of CDDRL’s Global Infrastructure Policy Research Initiative. Having served as a Captain in the US Army and US Army Corps of Engineers, he now teaches Global Project Finance at Stanford University. His research focuses on infrastructure development, specifically on the importance of restructuring incentives, public-private partnerships, legal regulation, and the shifting landscape of foreign investment in infrastructure.

What inspired you to pursue research in your current field, and how did your journey lead you to CDDRL?


I used to work for the federal government as an engineer. We were constantly running into hurdles, unnecessary red tape, and misaligned incentives — I felt there had to be a better way to do infrastructure development. So, I went to graduate school at Stanford, studying under Dr. Raymond Levitt, who focused on the cross-disciplinary intersection of engineering, international relations, finance, and law. We worked to address gaps in the research world regarding infrastructure development from a project finance perspective.

After graduate school, I continued working with Dr. Levitt and began teaching about the financing of large infrastructure projects. I began collaborating with CDDRL when researching China’s Belt and Road Initiative (BRI) and international infrastructure development more broadly. The throughline of my journey, from focusing on engineering to organization management to law, has been to follow the biggest challenges in infrastructure.

How do you visualize the creation of more effective incentive structures to motivate private companies to further global development? How can the public-private partnership work more effectively?


There's a myriad of flaws in the infrastructure development sector with incentives. The basic disconnect is that in a democracy, elected officials rely on bureaucracy and various agencies to develop complex infrastructure projects, which can lead to a convoluted system. When a government infrastructure project goes over budget, the many groups involved often don’t bear the costs — taxpayers do.

However, effective public-private partnerships can help solve these broken incentives. For example, if a project is structured so that the companies building the infrastructure are also responsible for maintaining it, then they are incentivized to create projects that last.

Internationally, in the old pre-BRI paradigm of development, there were two ways for a developing country to fund its infrastructure: either by borrowing money or financing projects through foreign direct investment. For the latter, there’s a form of private-public partnership, as international investors invest directly into the project instead of through the government.
 


Effective public-private partnerships can help solve broken incentives. For example, if a project is structured so that the companies building the infrastructure are also responsible for maintaining it, then they are incentivized to create projects that last.
Michael Bennon


How has infrastructure development been used to gain influence in diplomacy? How has our understanding of that tool changed since BRI, and how successful has it been for China?


Infrastructure development has always been a problematic tool for amassing geopolitical influence; it builds friendships when loans are going out, then creates enemies once they’re issued. A recent example is the 1997 Asian financial crisis when Western countries had invested in power plants throughout the continent, only for many countries to default and expropriate. This has happened repeatedly throughout history.

While China’s done quite well at protecting its economic interests in infrastructure projects, it's a mixed bag due to the prevalence of moral hazard, public backlash, and the tarnishing of diplomatic ties. With the state being so heavily involved in BRI, China intervenes when countries want to default or expropriate, protecting its interests and those of state-owned enterprises effectively. However, this can lead to a moral hazard problem because these enterprises feel too protected by China and act without the appropriate caution while building risky projects.

Today, many countries that have received BRI lending have serious relational problems with China, if not at the government level, then among the public. People tend to push back and feel taken advantage of when a foreign country comes in and builds projects, especially with rumor mills churning out narratives about China’s 'debt-trap diplomacy.' These diplomatic challenges were true long before the BRI and persist today.

Why do countries, through BRI or other means, decide to take on infrastructure projects they obviously can’t afford?


Countries often don’t behave rationally — politics, corrupt officials, and conflicting interests all affect policymaking. Also, everyone builds infrastructure projects that may bankrupt them, partly due to an ingrained optimism bias in the infrastructure sector.

We’re in the worst developing country debt crisis in modern history, and countries are having a difficult time navigating a changing infrastructure lending landscape. China is now the largest bilateral lender, and its absence from international organizations like the Paris Club prevents the unified action needed to allow countries to emerge from debt crises. Even the International Monetary Fund (IMF) is struggling to help them, as it is cautious about issuing aid to countries with murky BRI loans to pay back.

Funding for infrastructure development can be used as an incentive for democratization through conditionality on loans. However, many countries are turning away from traditional Western lending institutions in favor of alternative lenders with fewer conditions. How can we balance the importance of conditionality and incentivizing democratization while preventing the decreased reliance on Western institutions?

Conditionality can be positive in promoting democratization, but there have to be limits to it, especially because it becomes less effective when alternative lenders like China exist. Conditionality began as limited to policies that promote democratization, development, and liberalization but has metastasized to the point where lenders are pushing a wide range of policies on borrower countries. Many of these conditions, such as environmental or social protections, are good policies but can be viewed as a manifestation of Western imperialism within these countries. These programs also become futile when countries become simply incentivized to seek Chinese loans instead, which have virtually no conditionality.

Is the turn away from Western lending institutions an inevitable shift, or can policy changes encourage its prodominance again, if that’s something that we want?


Western institutions are better for infrastructure development, as organizations like the World Bank are the best at protecting human rights and preventing environmental disasters. There are also strategic and security reasons for promoting Western institutions — for example, we don’t want Chinese technology companies building telecommunications grids in other countries.

The bigger question is, what would a return to a Western-dominated model of investment look like? Pre-BRI, there was an open, liberal system of direct investment from private companies. BRI represented a pivot to more state-driven investment. Should the US shift to a similar model, or return to private direct investment fueling infrastructure development? The Biden administration’s alternative to BRI for state-driven investment was the Partnership for Global Infrastructure and Investment (PGII). Despite mutual investment in telecommunications and renewable energy, PGII focuses on developing very different sectors than BRI, building social impact projects like healthcare infrastructure.

What is the most exciting or impactful finding from your research, and why do you think it matters for democracy, development, or the rule of law?


I’m focusing on how liberal democracies can get building again, so I researched flaws in domestic infrastructure projects within the US. It revealed how the judicial system was an engine fueling how infrastructure projects are conducted; I realized the extent to which permitting regulation and environmental litigation had been driving my own incentives when I was a bureaucrat. Decisions are often made in response to case law and to ‘litigation-proof’ projects, which can incentivize inefficient and expensive project management. I believe democracies are perfectly capable of building infrastructure projects well, but problems in current building initiatives, from the California High-Speed Rail to our housing crisis, are rooted in the outsized effects of the threat of lawsuits.
 


I believe democracies are perfectly capable of building infrastructure projects well, but problems in current building initiatives, from the California High-Speed Rail to our housing crisis, are rooted in the outsized effects of the threat of lawsuits.
Michael Bennon


How do you see your research influencing policy or contributing to real-world change?


I do research on practical public-private partnership policy in the United States, working with the Build America Center and the Department of Transportation to directly supply the government with research when needed.

There are policy changes that must occur to promote effective infrastructure development. The US will have to reform institutions that predated BRI to adapt to today’s post-BRI world. The three key institutions are the World Bank, the IMF, and the World Trade Organization (WTO). I hope that my ideas can influence their restructuring. For domestic development, I’m continuing my work with the Build America Center on how governments can more efficiently procure infrastructure projects and help public officials adopt best practices.

Lastly, what book would you recommend for students interested in a research career in your field?


The first book, which is extraordinarily boring but crucial to infrastructure development, is The Strategic Management of Large Engineering Projects: Shaping Institutions, Risks, and Governance. Written by Miller, Lessard, Michaud, and Floricel, it includes the perspectives of MIT engineers on infrastructure project case studies to understand why so many have failed. For some great history, the economist Raymond Vernon’s book Sovereignty at Bay develops the idea that relationships sour over international investment and that it’s not an effective diplomatic tool.

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Launching viaduct bridge in progress for Pune metro rail project in Pune city, Maharashtra, India.
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CDDRL’s Leadership Academy for Development Announces New Public-Private Partnerships Program with the International Finance Corporation

The Center on Democracy, Development and the Rule of Law’s (CDDRL) Leadership Academy for Development (LAD) is embarking on a new partnership with the International Finance Corporation to educate senior leaders on infrastructure policy, governance, and public-private partnerships.
CDDRL’s Leadership Academy for Development Announces New Public-Private Partnerships Program with the International Finance Corporation
Construction on a building in Sri Lanka
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Stanford Researchers Explore the Challenges Created By and Reforms Needed to Improve China’s Belt and Road Initiative

Francis Fukuyama and Michael Bennon share their insights on the potential implications of the Belt and Road Initiative (BRI) on global development finance, as well as suggestions for reforms that could bolster international stakeholders’ ability to manage any potential debt crises arising from BRI projects.
Stanford Researchers Explore the Challenges Created By and Reforms Needed to Improve China’s Belt and Road Initiative
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Investigating how infrastructure project financing has changed amidst global geopolitical competition and how democracies can more effectively build in the future with CDDRL research scholar Michael Bennon.

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Stanford Libraries and the Stanford Center on China’s Economy and Institutions are pleased to present the 2025 Dr. Sam-Chung Hsieh Memorial Lecture featuring Professor Matteo Maggiori who will be speaking on Geoeconomics and the US-China Great Power Competition.

To attend in person, please register here.
To attend online, please register here.



Professor Maggiori will discuss how the U.S. and China apply economic pressure to achieve their political and economic goals, and the economic costs and benefits that this competition is imposing on the world. A discussion of economic security policies that other countries are implementing to shield their economies.
 


About the Speaker 

 

Headshot of Matteo Maggiori in dark collared shirt with light blue background

Professor Maggiori is the Moghadam Family Professor of Finance at the Stanford Graduate School of Business. His research focuses on international macroeconomics and finance. He is a co-founder and director of the Global Capital Allocation Project. His research topics have included the analysis of exchange rates under imperfect capital markets, capital flows, the international monetary system, reserve currencies, geoeconomics, tax havens, very long-run discount rates and climate change, and expectations and portfolio investment. His research combines theory and data with the aim of improving international economic policy. He is a faculty research fellow at the National Bureau of Economic Research and a research affiliate at the Center for Economic Policy Research. He received his PhD from the University of California at Berkeley.

Among a number of honors, he is the recipient of the Fischer Black Prize awarded to an outstanding financial economist under the age of 40, the Carnegie and Guggenheim fellowships, and the Bernacer Prize for outstanding contributions in macroeconomics and finance by a European economist under age 40.



The family of Dr. Sam-Chung Hsieh donated his personal archive to the Stanford Libraries' Special Collections and endowed the Dr. Sam-Chung Hsieh Memorial Lecture series to honor his legacy and to inspire future generations. Dr. Sam-Chung Hsieh (1919-2004) was former Governor of the Central Bank in Taiwan. During his tenure, he was responsible for the world's largest foreign exchange reserves, and was widely recognized for achieving stability and economic growth. In his long and distinguished career as economist and development specialist, he held key positions in multilateral institutions including the Asian Development Bank, where as founding Director, he was instrumental in advancing the green revolution and in the transformation of rural Asia. Read more about Dr. Hsieh.



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Matteo Maggiori, Professor of Finance, Stanford Graduate School of Business
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In an era of disruptive global challenges, from climate crises to pandemics, understanding the drivers of drastic policy innovation is paramount. This study defines drastic policy innovation as a significant shift in governmental priorities through policies untried by most jurisdictions in a country. While policy entrepreneurs are often credited with initiating change, this study argues that political will is essential for enacting and implementing such innovative policies. Political will is defined as the degree of commitment among key decision makers to enact and implement specific policies. It is characterized by three key components: authority (the power to enact and enforce policy), capacity (the resources to implement it effectively), and legitimacy (the perceived rightfulness of actions by stakeholders). Through the case of low-carbon city experimentation in China, this study examines how political will drives the adoption and implementation of these policies. The findings reveal that a high level of political will is significantly linked to more drastically innovative policies being enacted and implemented and that when political will is institutionalized, implementation continues despite leadership turnover. These insights likely apply to other policy contexts and countries, regardless of regime type, albeit with some caveats.

Authors
Shiran Victoria Shen
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