616 Serra StreetEncina Hall E301Stanford, CA94305-6055
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Dr. Ke Wang is visiting APARC for the fall semester in 2016-2017 school year during her sabbatical leave from her current post at the Federal Reserve Board of Governors in Washington D.C. where she serves as a Senior Economist in the Division of Banking Supervision and Regulation.

At the Fed, Dr. Wang is responsible for policy analysis and regulation oversight of U.S. bank holding companies as well as conducting academic research in economics and finance fields. In her five-year tenure as a Fed staff economist, she participated in international Basel framework of capital regulation, quantitative credit model assessment for U.S. Stress Testing practice, and policy initiatives on liquidity regulation for Systemically Important Financial Institutions.

Dr. Wang’s research interests span from credit analysis to monetary policy. She has published in top academic journals such as Journal of Financial Economics and has wide citations for her previous works which covered topics such as corporate bond default prediction, impact of banking structure on monetary policy, and relationship banking in pre-war Japan.

Her current working papers focus on how liquidity in Over-The-Counter market is impacted by broker-dealers’ funding costs and information asymmetry. She provides empirical evidence using comprehensive bond transaction data that broker-dealers’ own financial health will quantitatively impact the liquidity and price discovery process of distressed assets. At Stanford, Dr. Wang will collaborate with other APARC research fellows on studies about both U.S. and Japan banking regulations, particularly the impact of regulation on systemic risk of financial institutions. 

Dr. Wang holds a Ph.D. in Economics from Stanford University and a B.A. in International Economics from Peking University. She once worked as an Assistant Professor in Finance in the Faculty of Economics at the University of Tokyo, teaching graduate courses on Money and Banking as well as Corporate Finance. 

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616 Serra StreetEncina Hall E301Stanford, CA94305-6055
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Anju Patwardhan is a Fulbright Fellow and Visiting Scholar at Stanford. Her research is focused on the use of technology and innovation to support financial inclusion, especially small business lending.

She is also a Venture Partner with CreditEase Fintech Fund from China (fund of c.USD 1 billion). She is a member of the World Economic Forum (WEF) Global Future Council on Blockchain and on the WEF steering committees for “Internet for All” and “Disruptive Innovation in Financial Services”. 

She has been appointed as a FinTech Industry Expert with UC Berkeley (SCET) and an Innovation Fellow with the NUS.  She serves on the advisory board of Government of Estonia’s e-residency program

She was in banking until July 2016 and has over 25 years of experience with Citibank and Standard Chartered Bank (SCB) in global leadership roles across Asia, Africa and Middle East.  She was a member of SCB’s global leadership team, global risk management group and global technology & operations management group. She was also a Director on various banking subsidiaries and non-profits boards.

She is an alumnus of the IIT Delhi and IIM Bangalore, and holds further professional qualifications is board directorship and art appreciation.

She moved from Singapore to the Bay Area in August 2016 with her family. 

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616 Jane Stanford Way
Encina Hall, E005
Stanford, CA 94305-6060

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Grace is a Curriculum Consultant for the Stanford Program on International and Cross-Cultural Education (SPICE). Prior to joining SPICE in 2012, she worked at a California public school. She taught six different English courses for grades 9–12. In addition to seven years as a high school teacher, Grace’s teaching experience includes elementary school, middle school, and undergraduate and graduate level courses. She has been a recipient of the Outstanding Graduate Student Instructor Award from the University of California, Berkeley. She is a 2016-2018 Cultivating New Voices Fellow for the National Council of Teachers of English.

Grace’s academic interests include literacy, language, cultural studies, and twenty-first century pedagogies. She received a BA with a double major in Rhetoric and Art History from the University of California, Berkeley, and a MA in Education and Single Subject Teaching Credential in English from Stanford University. She is currently a PhD candidate in the Graduate School of Education at the University of California, Berkeley. Her research has been published in peer-reviewed journals and presented nationally and internationally.

Grace co-authored the SPICE curriculum units, Dynamics of the Korean-American ExperienceTraditional and Contemporary Korean Culture, and Economic Development: The Case of South Korea. She is currently contributing to SPICE’s curriculum unit, Road to Tokyo.  She has presented teacher seminars for the National Council for the Social Studies, St. Louis, MO; Hana-Stanford Conference on Korea for Secondary School Teachers, Stanford, CA; and the National Association for Multicultural Education, Oakland, CA. In 2013, 2014, 2015, and 2016, she facilitated the annual Hana-Stanford Conference on Korea for Secondary School Teachers held at Stanford University.

Curriculum Consultant
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Korea Society president Thomas Byrne, retired General Walter "Skip" Sharp, former U.S. commander in Korea, and Kathleen Stephens, former U.S. ambassador to Korea and William J. Perry Distinguished Fellow in the Korea Program at Stanford's Shorenstein APARCengage in discussion about the new U.S. president and political, economic and security options on Korea and East Asia.

Panelists:

Thomas J. Byrne joined The Korea Society as its president in 2015. He came to the Society from Moody's Investor Services, where he was Senior Vice President, Regional Manager, Spokesperson, and Director of Analysis for the Sovereign Risk Group in the Asia-Pacific and Middle East regions. Before moving to Moody's in 1996, he was the Senior Economist of the Asia Department at the Institute of International Finance in Washington, D.C. Byrne holds a master’s degree in international relations with an emphasis on economics from the Johns Hopkins’ School of Advanced International Studies. Before his graduate work, he served in South Korea for three years as a U.S. Peace Corps volunteer. He teaches a graduate-level course, Sovereign Risk, at Columbia University’s School of International and Public Affairs in Fall 2016.

General Walter “Skip” Sharp was commander of the United Nations Command, ROK-U.S. Combined Forces Command and U.S. Forces in Korea from 2008 to 2011. He also commanded troops in Operations Desert Shield and Desert Storm, Operation Uphold Democracy in Haiti and the Multinational Division (North) of the NATO-led Stabilization Force in Bosnia. He previously had four assignments at the Pentagon on the Joint Staff. He was the deputy director, J5 for Western Hemisphere/Global Transnational Issues; vice director, J8 for Force Structure, Resources, and Assessment; director for Strategic Plans and Policy, J5; and the director of the Joint Staff.

Born in Morgantown, West Virginia, while his father was fighting in the Korean War, General Sharp graduated from West Point in 1974 and was commissioned as an armor officer.  He earned a master’s degree in operations research and system analysis from Rensselaer Polytechnic Institute and is a graduate of the Army War College. He is consulting for and on the board of directors of several U.S. and Korean companies and The Korea Society. He is involved in Northeast Asia and especially Korea strategy and policy discussions at several think tanks in the Washington, D.C. area.

Kathleen Stephens, a former U.S. ambassador to the Republic of Korea, is the William J. Perry Distinguished Fellow in the Korea Program at Stanford’s Shorenstein Asia-Pacific Research Center. She has four decades of experience in Korean affairs, first as a Peace Corps volunteer in rural Korea in the 1970s, and in ensuing decades as a diplomat and as U.S. ambassador in Seoul. She came to Stanford previously as the 2013-14 Koret Fellow after 35 years as a foreign service officer in the U.S. Department of State.

Stephens' diplomatic career includes chargé d’affaires to India in 2014; acting under secretary of state for public diplomacy and public affairs in 2012; U.S. ambassador to the Republic of Korea from 2008 to 2011; principal deputy assistant secretary of state for East Asian and Pacific affairs from 2005 to 2007; and deputy assistant secretary of state for European and Eurasian affairs from 2003 to 2005.

Philippines Conference Room
Encina Hall, 3rd Floor
616 Serra St.
Stanford, CA 94305

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The Stanford Program on International and Cross-Cultural Education (SPICE) honored top students of the 2016 Reischauer Scholars Program (RSP) and Stanford e-Japan (Spring Session) at “Japan–U.S. Day”—an event held at Stanford University on August 9, 2016. The RSP honorees were Pierce Lowary (Highland Park High School, Dallas, Texas), Sarah Ohta (Polytechnic High School, Pasadena, California), and Risako Yang (Castilleja School, Palo Alto, California), and the Stanford e-Japan honorees were Miyu Hayashi (Takada High School, Mie Prefecture) and Minoru Takeuchi (Senior High School at Otsuka, University of Tsukuba, Tokyo).

Japan–U.S. Day began with opening remarks by the Honorable Jun Yamada, Consul General of Japan in San Francisco. Praising the honorees and their fellow students for their dedication to the study of U.S.–Japan relations, Consul General Yamada noted, “The U.S.–Japan relationship is the most important bilateral relationship in the world today,” and underscored the importance of programs such as the RSP and Stanford e-Japan in engaging youth in the study of this critical relationship.

Stanford e-Japan Instructor Waka Takahashi Brown and RSP Instructor Naomi Funahashi presented overviews of the two programs to the audience of over 50 people, which included Ambassador Michael Armacost (former U.S. Ambassador to Japan), Consul Akira Ichioka (Director, Japan Information and Cultural Center, Consulate General of Japan in San Francisco), Professor Indra Levy (Stanford University), Professor Emeritus Daniel Okimoto (Stanford University), and Maiko Tamagawa (Advisor for Educational Affairs, Consulate General of Japan in San Francisco).

The students were recognized by Brown and Funahashi for their overall coursework performance, which included research essays. They articulately presented their research that focused on topics ranging from legacies of World War II and security issues to urban planning in Japan, longevity, and non-profit organizations, and they adroitly addressed questions from the audience.

[[{"fid":"223802","view_mode":"crop_870xauto","fields":{"format":"crop_870xauto","field_file_image_description[und][0][value]":"Ambassador Armacost chats with student honoree, Minoru Takeuchi","field_file_image_alt_text[und][0][value]":"","field_file_image_title_text[und][0][value]":"","field_credit[und][0][value]":"Rylan Sekiguchi","field_caption[und][0][value]":"","field_related_image_aspect[und][0][value]":"","thumbnails":"crop_870xauto"},"type":"media","attributes":{"width":"870","style":"padding: 6px; float: left; width: 420px; height: 267px;","class":"media-element file-crop-870xauto"}}]]This year marked the first time that a joint RSP/Stanford e-Japan event was held to honor students. Reflecting on the event, Funahashi commented, “It was a great opportunity to recognize the impressive work of young U.S.–Japan scholars. And seeing them engage in cross-cultural dialogue in person after months of online interaction was a real treat.” Brown agreed, adding, “For my students, having the opportunity to interact with peers from the United States was one of the highlights of the program. To see all the RSP and Stanford e-Japan award winners honored at the same event was extremely rewarding and gave me great hope for the future of U.S.–Japan relations.” The audience seemed to feel similarly. “It was wonderful seeing the American and Japanese students interact with one another,” said Ambassador Armacost. “Their remarks were thoughtful and articulate. It was a model of timely educational exchange.”

SPICE has received numerous grants in support of the RSP (since its inception in 2003) from the United States-Japan Foundation, the Center for Global Partnership (The Japan Foundation), and the Japan Fund, which is administered by the Freeman Spogli Institute for International Studies at Stanford University. Stanford e-Japan (since its inception in 2015) has been supported by a grant from the United States-Japan Foundation.

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Student honorees: Pierce Lowary (Highland Park High School, Dallas, Texas), Risako Yang (Castilleja School, Palo Alto, California), Sarah Ohta (Polytechnic High School, Pasadena, California), Miyu Hayashi (Takada High School, Mie Prefecture) and Minoru Takeuchi (Senior High School at Otsuka, University of Tsukuba, Tokyo).
Rylan Sekiguchi
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As Japan faces a shrinking and aging population, it must pursue productivity growth to remain a wealthy nation. Women, long underrepresented Japan’s workforce, are receiving renewed attention with the Abe administration’s slogan of Womenomics as part of his Abenomics economic reform package. In the second World Assembly for Women in Tokyo (named WAW!) in late August 2015, Prime Minister Abe even went so far as to say “Abenomics is Womenomics.” At the same time as the WAW! meeting, the National Diet passed a law requiring large companies to analyze their current status of women and set numerical targets in one of several areas. Now that the issue of women in the workplace is being taken more seriously than ever before, it is time to mobilize serious research in the form of policy evaluation, create a new dialogue that can spark innovative ideas by injecting Silicon Valley ideas and people into U.S.-Japan policy discussions, and link entrepreneurs, policymakers, and researchers from both sides to cultivate sustained interpersonal networks. 

This conference takes on the issue of women leadership and women’s positions in the Japanese workforce and society, with the objective to bring issues to the table and explore concrete mechanisms by which government policy, business practices, and social factors can be influences to make concrete progress for women's leadership and participation in Japan.

Sponsored by the US-Japan Foundation (USJF), Japan Society for the Promotion of Science (JSPS), and Stanford University's Shorenstein Asia-Pacific Research Center (S-APARC) and Clayman Institute for Gender Research.

 

*The below program is subject to change.

Conference Program

8:55-9:25                  Registration and Breakfast

9:25-9:40                  Welcome & Opening Remarks

Takeo Hoshi (Stanford University)

David Janes (US-Japan Foundation)

Toru Tamiya (Japan Society for the Promotion of Science)

9:40-11:00                Panel Discussion I:

Women in the Silicon Valley Ecosystem- Progress and Challenges

                                  Chair:                     Shelley Correll (Stanford University)

                                  Panelists:             Ari Horie (Women's Startup Lab)

 Yoky Matsuoka

                                  Emily Murase (San Francisco Department on the Status of Women)

Mana Nakagawa (Facebook)

 

11:00-11:20              Coffee Break

11:20-12:40              Panel Discussion II:                                 

Women in the Japanese Economy- Progress and Challenges

                                  Chair:                    Mariko Yoshihara Yang (Stanford University)

                                  Panelists:             Mitsue Kurihara (Development Bank of Japan)

 Akiko Naka (Wantedly)

 Yuko Osaki (Ministry of Internal Affairs and Communications, Japanese Government)

                                  Machiko Osawa (Japan Women's University)

                               

12:40-14:00              Lunchtime

14:00-15:20              Panel Discussion III:  

Women's Advancement in the Workplace

                                  Chair:                 Takeo Hoshi (Stanford University)

 Panelists:             Keiko Honda (Multilateral Investment Guarantee Agency (MIGA), the World Bank Group)

 Chiyo Kobayashi (Washington Core)

                                  Sachiko Kuno (S&R Foundation)

  Kazuo Tase (Deloitte Tohmatsu Consulting)        

                                 

15:20-15:40             Coffee Break

15:40-17:00             Panel Discussion IV:  

Work-Life Balance and Womenomics

                                  Chair:                     Kenji Kushida (Stanford University)

                                  Panelists:            Diane Flynn (ReBoot Career Accelerator for Women)

Atsuko Horie (Sourire)

Nobuko Nagase (Ochanomizu Women's University)

                                 Myra Strober (Stanford University)

17:00-17:05            Closing Remarks

 

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When the Soviet Union collapsed in 1991, the worry in the West was what would happen to that country’s thousands of nuclear weapons. Would “loose” nukes fall into the hands of terrorists, rogue states, criminals – and plunge the world into a nuclear nightmare?

Fortunately, scientists and technical experts in both the U.S. and the former Soviet Union rolled up their sleeves to manage and contain the nuclear problem in the dissolving Communist country.

One of the leaders in this relationship was Stanford engineering professor Siegfried Hecker, who served as a director of the Los Alamos National Laboratory before coming to Stanford as a senior fellow at the Center for International Security and Cooperation. He is a world-renowned expert in plutonium science, global threat reduction and nuclear security.

Hecker cited one 1992 meeting with Russian scientists in Moscow who were clearly concerned about the risks. In his new book, Doomed to Cooperate: How American and Russian scientists joined forces to avert some of the greatest post-Cold War nuclear dangers, Hecker quoted one Russian expert as saying, “We now need to be concerned about terrorism.”

Earning both scientific and political trust was a key, said Hecker, also a senior fellow at Stanford’s Freeman Spogli Institute for International Studies. The Russians were proud of their scientific accomplishments and highly competent in the nuclear business – and they sought to show this to the Americans scientists, who became very confident in their Russian counterparts’ technical capabilities as they learned more about their nuclear complex and toured the labs.

Economic collapse, political turmoil

But the nuclear experts faced an immense problem. The Soviets had about 39,000 nuclear weapons in their country and in Eastern Europe and about 1.5 million kilograms of plutonium and highly enriched uranium (the fuel for nuclear bombs), Hecker said. Consider that the bomb that the U.S. dropped on the Japanese city of Nagasaki in 1945 was only six kilograms of plutonium, he added. Meanwhile, the U.S. had about 25,000 nuclear weapons in the early 1990s.

Hecker and the rest of the Americans were deeply concerned about the one million-plus Russians who worked in nuclear facilities. Many faced severe financial pressure in an imploding society and thus constituted a huge potential security risk.

“The challenge that Russia faced with its economy collapsing was enormous,” he said in an interview.

The Russian scientists, Hecker said, were motivated to act responsibly because they realized the awful destruction that a single nuclear bomb could wreak. Hecker noted that one Russian scientist told him, “We arrived in the nuclear century all in one boat, and a movement by anyone will affect everyone.” Hecker noted, “Therefore, you know, we were doomed to work together to cooperate.”

All of this depended on the two governments involved easing nuclear tensions while allowing the scientists to collaborate. In short order, the scientists developed mutual respect and trust to address the loose nukes scenario.

The George H.W. Bush administration launched nuclear initiatives to put the Russian government at ease. For example, it took the nuclear weapons off U.S. Navy surface ships and some of its nuclear weapons off alert to allow the Russians to do the same. The U.S. Congress passed the Nunn-Lugar Cooperative Threat Reduction legislation, which helped fund some of the loose nuke containment efforts.

While those were positive measures, Hecker said, it was ultimately the cooperation among scientists, what they called lab-to-lab-cooperation, that allowed the two former superpower enemies to “get past the sensitivity barriers” and make “the world a safer place.”

Since the end of the Cold War, no significant nuclear event has occurred as a result of the dissolution of the Soviet Union and its nuclear complex, Hecker noted.

Lesson: cooperation counts

One lesson from it all, Hecker said, is that government policymakers need to understand that scientists and engineers can work together and make progress toward solving difficult, dangerous problems.

“We don’t want to lose the next generation from understanding what can actually be done by working together,” he said.  “So, we want to demonstrate to them, Look, this is what was done when the scientists were interested and enthusiastic and when the government gave us enough room to be able to do that.”

Hecker said this scientific cooperation extended to several thousand scientists and engineers at the Russian sites and at U.S. nuclear labs – primarily the three defense labs: Lawrence Livermore, Los Alamos, and Sandia national laboratories. Many technical exchanges and visits between scientists in Russia and the United States took place.

He recalled visiting some of the nuclear sites in Russian cities shrouded by mystery. “These cities were so secret, they didn’t even appear on Soviet maps.”

Change of threat

When the Soviet Union collapsed, the nature of the nuclear threat changed, Hecker said. The threat before was one of mutual annihilation, but now the threat changed to what would happen if nuclear assets were lost, stolen or somehow evaded the control of the government.

“From an American perspective we referred to these as the ‘four loose nuclear dangers,'” he said.

This included securing the loose nukes in the Soviet Union and Eastern Europe; preventing nuclear materials or bomb fuel from getting into the wrong hands; the human element involving the people who worked in the Soviet nuclear complex; and finally, the “loose exports” problem of someone trying to sell nuclear materials or technical components to overseas groups like terrorists or rogue nations.

For Hecker, this is not just an American story. It is about a selfless reconciliation with a longtime enemy for the greater global good, a relationship not corrupted by ideological or nationalistic differences, but one reflective of mutual interests of the highest order.

“The primary reason,” he said, “why we didn’t have a nuclear catastrophe was the Russian nuclear workers and the Russian nuclear officials. Their dedication, their professionalism, their patriotism for their country was so strong that it carried them through these times in the 1990s when they often didn’t get paid for six months at a time … The nuclear complex did its job through the most trying times. And it was a time when the U.S. government took crucial conciliatory measures with the new Russian Federation and gave us scientists the support to help make the world a safer place.”

 

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Siegfried Hecker (second from left) takes a tour of a secret Russian nuclear facility in the city of Sarov in February, 1992. Hecker was serving as director of the Los Alamos National Laboratory during his visit.
Siegfried Hecker (second from left) takes a tour of a secret Russian nuclear facility in the city of Sarov in February, 1992. Hecker was serving as director of the Los Alamos National Laboratory during his visit.
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Beth Duff-Brown
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Stanford Health Policy's Marcella Alsan — an economist and professor of medicine — and her colleague, Marianne Wanamaker at the University of Tennessee, have published a working paper with the National Bureau of Economic Research about the correlation between the Tuskegee Study and the medical mistrust among African-American men today. This blog looks at the media coverage the paper has received.
 
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tuskegee syphilis study doctor injects subject with placebo
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In the July/August edition of Foreign Affairs, Francis Fukuyama, the Mosbacher director of CDDRL, analyzes the rising tide of populism as represented by the current candidates for the US Presidential elections. According to Fukuyama, the real story of the election is that American democracy is finally responding to the rise of inequality and economic stagnation experienced by most of the population. 


Click here to read the full article. 

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Republican presidential candidate Donald Trump speaks to the crowd at a Pearl Harbor Day Rally at the U.S.S. Yorktown December 7, 2015 in Mt. Pleasant, South Carolina.
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