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As the Tokyo-based co-founder and managing partner of global VC fund Fresco Capital, Allison Baum is frequently asked “Why are you in Japan?”  Indeed, with a global network of corporate partners, investors, and portfolio companies, many of them are curious to know why Fresco sees long term potential in the Japanese market. Though Japan is an advanced and well developed economy, the country is struggling with the need to innovate in the face of critical challenges such as a deflationary economy, a rapidly aging population, and an impending automation of the workforce. Fresco’s view is that this environment presents an extremely promising market opportunity for companies addressing challenges in healthcare, education and workplaces of the future. Join us as Allison shares her experience on the challenges and opportunities of expanding to Japan, bridging the cultural divide between Japan and the rest of the world, and discovering firsthand what it takes to successfully build long term partnerships in Japan.

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SPEAKER

Allison Baum, Co-founder and Managing Partner, Fresco Capital

BIO

Allison Baum is a co-founder and managing partner of Fresco Capital, a global, early stage venture capital fund investing in technology companies transforming education, healthcare, and the future of work at scale.  Prior to Fresco, Allison was an early member of the team at General Assembly, a global network for education and career transformation specialising in today’s most in-demand skills, where she developed and launched the company’s first part-time and full-time programs for technology, business, and design in New York.  In 2012, she relocated to Hong Kong to launch their first business in Asia.  Previously, she was a member of the Equity Derivatives team and Cross Asset Sales teams at Goldman Sachs in New York City.  

Allison graduated cum laude from Harvard College with a BA in Economics and a Minor in Film Studies.  She is also a member of the World Economic Forum Global Shapers community, a mentor for emerging women entrepreneurs in Southeast Asia at Wedu Global, a mentor for global social impact entrepreneurs at Endeavour Capital, and was named by Forbes as one of the 30 Top Emerging VC Managers in Asia.

AGENDA

4:15pm: Doors open 
4:30pm-5:30pm: Main Content, followed by discussion 
5:30pm-6:00pm: Networking

RSVP REQUIRED

To RSVP please go to: http://www.stanford-svnj.org/52118-public-forum/2018

For more information on the Stanford Silicon Valley-New Japan Project, please visit the project website at: http://www.stanford-svnj.org

 

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—SPICE: Offering teacher institutes since 1973—

 

In 1973, the roots of the Stanford Program on International and Cross-Cultural Education (SPICE) were established with the creation of the Bay Area China Education Program, which focused on the development of K–12 curriculum materials and teacher professional development. Only a year prior, President Richard Nixon had made his historic trip to China and many American students were able to view contemporary images of China on television for the first time in their lifetimes. Teachers who attended SPICE institutes on China in the 1970s often commented that they were at a loss about how to teach about China.

Forty-four years later, a new generation of educators expressed similar sentiments at a SPICE institute. However, the challenge wasn’t so much about the teaching of China but rather the teaching of North Korea. Thus, when Pulitzer Prize-winning author Adam Johnson spoke about his book, The Orphan Master’s Son, a New York Times bestselling novel about North Korea, teachers were riveted by his comments. Teachers were interested not only in ways that his novel could help them better understand contemporary North Korea but also in ways they could use the book to help their students gain a more balanced view of North Korea. The 22 teacher participants received copies of The Orphan Master’s Son to use in their teaching and were offered two SPICE curriculum units titled Inter-Korean Relations: Rivalry, Reconciliation, and Reunification and Uncovering North Korea.  

Co-sponsored by the National Consortium for Teaching about Asia (NCTA), the SPICE summer institute, July 24–26, 2017, had the objectives of (1) deepening teachers’ understanding of Asia, U.S.–Asian relations, and the Asian-American experience; (2) providing teachers with teaching resources; and (3) creating a community of learners. The institute featured lectures by Stanford faculty (like Johnson), U.C. Berkeley faculty, and other experts on a range of Asia- and Asian-American-related topics closely aligned with the History-Social Science Framework for California Public Schools standards, which were recently revised. Interactive curriculum demonstrations by SPICE staff were also offered.

One such standard focuses on recent economic growth in China. Following a lecture by Thomas Fingar, Shorenstein Asia Pacific Research Center Fellow, on “Recurring Themes in U.S.–China Relations,” a curriculum demonstration on the SPICE curriculum unit, China in Transition: Economic Development, Migration, and Education, was offered by its author, Rylan Sekiguchi of SPICE. One teacher remarked, “I teach about China, and it was so helpful to hear someone with such deep expertise [Fingar] speak about U.S.–Chinese history in a way that enriches my knowledge and understanding to bring back some bigger themes to my teaching. I can’t wait to bring this content back to my students [through the SPICE curriculum].” Other scholarly lectures on Japan and Korea were also followed by curriculum demonstrations by SPICE staff. This coupling of lectures and curriculum demonstrations has been a hallmark of SPICE since its inception.

Updated History-Social Science Framework standards on the Asian-American experience were also addressed at the institute. Dr. Khatharya Um, Associate Professor of Ethnic Studies at the University of California at Berkeley, introduced the diverse cultural and historical backgrounds of the Asian-American student population which often comprises a significant percentage of students in schools in areas like the San Francisco Bay Area and Los Angeles. She emphasized the importance of acknowledging individual circumstances in minority student populations and breaking down commonly cited stereotypes of Asian Americans as being a critical element of effective teaching. One of the topics that she addressed was stereotypes of Japanese Americans that arose following the Japanese attack of Pearl Harbor. Her lecture was coupled with the sharing of first-hand experiences by Dr. Joseph Yasutake, who was interned at the age of nine. Dr. Yasutake’s talk stimulated discussions on civil liberties, race relations, discrimination, and American identity among the teachers. “Hearing history from one who has experienced it as well as studied and taught the history is really wonderful,” said one institute participant. “This combination brings a great amount of authority and well as authenticity to the narrative he [Yasutake] provides.” The SPICE curriculum unit, Civil Rights and Japanese-American Internment, was recommended as a resource for teachers.

The institute brought together both experienced mentor teachers and those new to the field. Naomi Funahashi, who organized and facilitated the institute, remains in communication with many of the teachers and has noticed that a community of learners, who are committed to a long-term exploration of Asian and Asian-American studies, has grown from the institute. She reflected, “One of the unexpected outcomes of the institute was the recommendations that many of the teachers have written in support of their students’ applications to my online class on Japan called the Reischauer Scholar Program. My hope is that some of my students will someday attend SPICE institutes as teachers and that SPICE institutes will continue to serve teachers as they have since 1973 for many decades to come.”

SPICE is currently recruiting teachers to attend its 2018 summer institute for middle school teachers (June 20–22, 2018) and summer institute for high school teachers (July 23–25, 2018).

To stay informed of SPICE-related news, follow SPICE on Facebook and Twitter.

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Teacher participants in the 2017 East Asia Summer Institute examine propaganda posters from China's Cultural Revolution.
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Looking for a research opportunity this summer? Join us on an exciting adventure to use skills learned in the classroom to tackle a real-world problem: fossil fuel production and its effects on climate change. Come learn about the Energy Production and the Environment in Canada trip details at our info session. Lunch will be served.

Find out more on our website here.

 

International Policy Studies Kitchen, Ground Floor, Encina Hall (616 Serra St.)

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"Although peace was the prevailing theme of the opening night at the Pyeongchang Winter Olympics, the air in the VIP box was charged with awkwardness and intimidation," said researchers at the Shorenstein Asia-Pacific Research Center in a recently published article. "The real test for Moon's leadership begins now."

The full article in East Asia Forum is available here.

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2018 PyeongChang Winter Olympic Games Opening Ceremony
flickr.com: Presidential Security Service(eng.pss.go.kr/) Hyoja-dong Studio(open.pss.go.kr/)
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At age 94, with an extensive collection of health policy research and publications under his belt, Victor Fuchs has a lot to say about the health care system.

The high cost. The uninsured. The fragmentation.

During a speech at the Stanford Institute for Economic Policy Research (SIEPR), the pioneering health economist narrowed his gaze to whether a single-payer system is the fix to those problems.

The answer is complicated, and it depends on the questions behind the question, said Fuchs, a SIEPR Senior Fellow and the Henry J. Kaiser, Jr., Professor of Economics and Health Research and Policy, emeritus. He is also a senior fellow at the Freeman Spogli Institute for International Studies and a core faculty member at Stanford Health Policy.

Recent challenges to the Affordable Care Act have rekindled a debate over the merits of a single-payer health care system — where one entity, namely the federal government, would foot the bill for essential services for all — and Fuchs spoke at SIEPR to succinctly explain what a single-payer system could achieve, what would probably never happen, and why.

The problem, Fuchs pointed out, is that the United States spends the most of any high-income country on health care, yet Americans are not achieving better health outcomes. Part of the solution would have to address the nation’s higher administrative costs, higher prices for prescription drugs, and the expensive increasing mix of services and specialists.

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Fuchs contended a single-payer system would lower costs. For one, it would create the bargaining power needed to offset the monopolistic powers of those providing the drugs, medical services and equipment.

To control costs, “we must move to something like a single-payer plan, but that alone will not be sufficient,” Fuchs said. “It will depend on what kind of single-payer plan it is.”

Even as it provides for universal health care insurance coverage, a single-payer system could take on various forms, including a blend of private and public controls.

And to have any chance at success, Fuchs said, the single-payer system would have to be simple, require minimum bureaucracy, and provide choice.

Then comes the rub, of course: The political will has historically tread against single-payer.

Americans are not willing to provide subsidies for those too poor to afford health insurance; neither do they have a compulsion for everyone to acquire coverage and contribute to those subsidies.

“The country as a whole has not been willing to fully embrace these two principles,” he said. “And I feel you need to have a strong majority of both if you’re going to have universal coverage.”

And unfortunately, Fuchs added, he does not believe universal health coverage would necessarily improve health outcomes. Many other socio-economic and environmental factors also play a role there.

In leading a brief discussion with Fuchs, Mark Cullen, a SIEPR Senior Fellow and professor of medicine, asked what makes him think the federal government would work to control costs under a single-payer system — when it has thus far chosen to exert little buying power under the current structure.

“I have not discussed the political feasibility of this, deliberately,” Fuchs quipped.

You can learn more about Fuchs’ viewpoint in The Journal of the American Medical Association.

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Victor Fuchs talks about the viability of a single-payer health insurance system at a Feb. 5, 2018, talk at the Stanford Institute for Economics Policy Research.
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Book cover of "Peace on a Knife's Edge" showing South Korean president Roh Moo-hyun alongside George W. Bush and Kim Jong-il

Lee Jong-Seok served as vice-secretary of South Korea’s National Security Council and as its unification minister under the Roh Moo-Hyun administration (2003–08). After Roh’s tragic death in 2009, Lee resolved to present a record of the so-called participatory government’s achievements and failures in the realm of unification, foreign affairs, and national security.

Peace on a Knife’s Edge is the translation of Lee’s 2014 account of Roh’s efforts to bring peace to the Korean Peninsula in the face of opposition at home from conservative forces and abroad from the Bush administration’s hard stances of “tailored containment” and its declaration of the North as part of the “axis of evil.” Lee’s narrative will give American readers rare insights into critical moments of Roh’s incumbency, including the tumultuous Six-Party Talks; the delicate process of negotiating the relocation and reduction of United States Forces Korea; Roh’s pursuit of South Korea’s “autonomous defense”; conflicts with Japan over history issues; and the North’s first nuclear weapons test.

Desk, examination, or review copies can be requested through Stanford University Press.

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The Inside Story of Roh Moo-hyun's North Korea Policy

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Shorenstein APARC
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Former U.S. ambassador to South Korea Kathleen Stephens spoke on the "PBS News Hour" about the first high-level talks between North Korea and South Korea in more than two years. The two nations agreed to hold future military talks aimed at easing border tensions and the North pledged to send a delegation to the Olympic Games next month.

Stephens called it a good first step and an “all-too-rare positive development” on the peninsula. The decrease in potential for disruptions to next month’s games could—according to Stephens-be seen as the first deliverable by South Korea’s new president, Moon Jae-In, on a promise to reengage with the North.

Ambassador Stephens said it was not surprising that denuclearization did not come up during Tuesday’s talks, noting North Korea’s position that the issue is one to be dealt with the United States. Ambassador Stephens speculated that once the Olympics closed, the peninsula might experience a period of reduced tensions along with confidence building. However, she believes that come the spring there would still remain important questions about military exercises as well as nuclear weapons.

Asked about news reports of discussions within the Trump administration on the possibility of targeted strikes against North Korean military sites, Ambassador Stephens described it as a very risky strategy, adding that the discussions alone could prove unnerving in South Korea as well as North Korea.

The full interview is available on PBS.

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Former Ambassador Stephens discusses talks between North and South Korea on PBS News Hour
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In advance of talks between North Korea and South Korea, APARC’s Daniel Sneider says the most immediate threat on the peninsula actually comes from the latter.

In a piece for The Hill, Sneider writes that by embracing North Korea’s offer for dialogue, South Korean President Moon Jae-in—who seeks a peaceful Olympic Games, good relations with China, and reduced tensions with the North—risks diminishing America’s presence in the region.

The challenge for the U.S. administration, accordng to Sneider, is to afford South Korea freedom to explore opportunities for dialogue, while ensuring that such freedom does not result in driving the United States off the peninsula.

The full article is available at The Hill

 

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  Joint Security Area;  Panmunjom, DPRK (North Korea) Flickr/John Pavelka
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In the New York Post article written by Ken Scheve and David Stasavage, the co-authors of Taxing the Rich: A History of Fiscal Fairness in the United States and Europe, the real motivation behind opposition to the GOP tax bill is examined in light of their research. 

To read the full article, please visit the Washington Post (Monkey Cage) webpage.

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Congressional Democrats Speak At Rally Protesting GOP Tax Bill On Capitol Hill
Congressional Democrats Speak At Rally Protesting GOP Tax Bill On Capitol Hill.
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