International Development

FSI researchers consider international development from a variety of angles. They analyze ideas such as how public action and good governance are cornerstones of economic prosperity in Mexico and how investments in high school education will improve China’s economy.

They are looking at novel technological interventions to improve rural livelihoods, like the development implications of solar power-generated crop growing in Northern Benin.

FSI academics also assess which political processes yield better access to public services, particularly in developing countries. With a focus on health care, researchers have studied the political incentives to embrace UNICEF’s child survival efforts and how a well-run anti-alcohol policy in Russia affected mortality rates.

FSI’s work on international development also includes training the next generation of leaders through pre- and post-doctoral fellowships as well as the Draper Hills Summer Fellows Program.

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Peter Henry seminar

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.

Didi Kuo
Didi Kuo

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

Encina Hall
616 Jane Stanford Way
Stanford, CA 94305-6055

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Peter Blair Henry is the Class of 1984 Senior Fellow at Stanford University’s Hoover Institution, Senior Fellow at Stanford’s Freeman Spogli Institute for International Studies (FSI), and Dean Emeritus of New York University’s Leonard N. Stern School of Business. The youngest person ever named to the Stern Deanship, Peter served as Dean from January 2010 through December 2017 and doubled the school’s average annual fundraising. Formerly the Konosuke Matsushita Professor of International Economics at Stanford University’s Graduate School of Business, from 2001–2006 Peter’s research was funded by an NSF CAREER Award, and he 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).

A Vice Chair of the Boards of the National Bureau of Economic Research and the Economic Club of New York, Peter also serves on the Boards of Citigroup and Nike. In 2015, he received the Foreign Policy Association Medal, the highest honor bestowed by the organization, and in 2016 he was honored as one of the Carnegie Foundation’s Great Immigrants.

With financial support from the Hoover Institution and the Alfred P. Sloan Foundation, Peter leads the PhD Excellence Initiative, a predoctoral fellowship program in economics that identifies high-achieving students with the deepest commitment to economic research and prepares them for the rigors of pursuing a PhD in the field. For his leadership of the PhD Excellence Initiative, Peter received the 2022 Impactful Mentoring Award from the American Economic Association. Peter received his PhD in economics from MIT and Bachelor’s degrees from Oxford University, where he was a Rhodes Scholar, and the University of North Carolina at Chapel Hill, where he was a Morehead-Cain Scholar, a member of Phi Beta Kappa, a reserve wide receiver on the football team, and a finalist in the 1991 campus-wide slam dunk competition.

Born in Kingston, Jamaica, in 1969, Peter became a U.S. citizen in 1986. He lives in Stanford and Düsseldorf with his wife and four sons.

Class of 1984 Senior Fellow, Hoover Institution
Senior Fellow, Freeman Spogli Institute for International Studies
Dean Emeritus, New York University’s Leonard N. Stern School of Business
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Peter Blair Henry
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Diego Zambrano seminar

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.

Didi Kuo
Didi Kuo

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

Room N346, Neukom Building
555 Nathan Abbott Way
Stanford, CA 94305

650.721.7681
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Professor of Law, Stanford Law School
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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.

CDDRL Affiliated Faculty
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Diego A. Zambrano
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George Krompacky
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Although Japan’s approach to economic diplomacy under the Fukuda Doctrine initially was subject to criticism because of its stance on non-interference in domestic affairs, now some are in retrospect lauding the approach, according to Kiyoteru Tsutsui, deputy director at Shorenstein APARC and director of the Japan Program, and co-editor of the recent book The Courteous Power: Japan and Southeast Asia in the Indo-Pacific Era. This reevaluation comes after consideration of relatively unsuccessful attempts by the United States to “push” democracy onto Southeast Asian countries. 

The better approach is to focus on advancing the rule of law, which the Japanese have done by investing resources in establishing legal infrastructure in the region, Tsutsui tells Shorenstein APARC Visiting Scholar Gita Wirjawan, host of the popular Endgame video podcast. “Liberal democracy in the sense of the rule of law is a good sort of marketing ploy to sell to Southeast Asian countries because that leads to economic benefits, which is critical to making liberal democracy attractive,” he says.


Sign up for APARC newsletters to receive our scholars' analysis >

Tsutsui joined Wirjawan for an Endgame conversation about Japan’s approaches to foreign direct investment (FDI) in Southeast Asia and other topics. One issue that both scholars agreed upon is the difficulty in getting Americans to focus on Southeast Asia, which has been long recognized as a critical region by the Japanese. Part of the problem is proximity, of course, but the region also tends to be overshadowed in American eyes by East Asian countries. 

The conversation also turned to the demographic issue Japan and other Asian countries are facing as populations age and economic growth stagnates. Tsutsui pointed out that, before 1945, the Japanese Empire saw itself as multi-ethnic; it was only after WWII that the nation was perceived as homogenous, a viewpoint bolstered by Japan’s great economic success in the 1960s and 70s. Now, however, Tsutsui says there is no choice: “Japan has to become more heterogenous,” and even conservative voices acknowledge that women need a larger role in the labor force and that immigrant labor will be essential to combat the demographic crisis.

This discussion with Tsutsui is part of an "Endgame" interview series Wirjawan is recording with Stanford experts during his residency at APARC.

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U.S. and Japanese forces conduct a maritime partnership exercise in the South China Sea.
Commentary

Japan Must Do More, and Faster, to Avert War Over Taiwan

Tokyo must make clear at home and abroad that defending Taiwan is no longer off the table.
Japan Must Do More, and Faster, to Avert War Over Taiwan
YOSHIKI and Ichiro Fujisaki at The Future of Social Tech conference.
News

Japanese and American Innovators Gather at Stanford to Examine the Future of Social Tech

Kicking off a special event series celebrating the 40th anniversary of Stanford’s Walter H. Shorenstein Asia-Pacific Research Center, the Japan Program convened eminent entrepreneurs, investors, educators, and content creators, including global rock star YOSHIKI, to explore pathways for social impact innovation.
Japanese and American Innovators Gather at Stanford to Examine the Future of Social Tech
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Stanford sociologist Kiyoteru Tsutsui discusses Japan on the "Endgame" podcast
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Kiyoteru Tsutsui, the Henri H. and Tomoye Takahashi Professor and Senior Fellow in Japanese Studies at Shorenstein APARC, joined Visiting Scholar Gita Wirjawan, host of “Endgame,” a video podcast, to discuss a range of topics, including his work on human rights, the demographic problem in Japan, global democratic decline, and Japan’s approach to Southeast Asia as a projector of soft power.

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US Infrastructure Investment Forum

The US infrastructure investment industry is undergoing a period of rapid change today, which presents public sponsors, federal agencies, and industry leaders with a unique set of challenges and opportunities.

The US Infrastructure Investment Forum aims to share information, identify challenges and policy reforms, and foster collaboration to deliver on the potential of the Bipartisan Infrastructure Law (BIL).

Forum topics will include the impact of the Bipartisan Infrastructure Law, federal permitting regulations, and key challenges to US infrastructure development.

This half-day forum is open to the public and will be of particular interest to federal, state, and local transportation officials along with infrastructure investment industry executives and academic or nonprofit organization representatives.

AGENDA


1:30 – 1:45 pm — ​Welcome Remarks

1:45 – 2:15 pm​ — The Federal Permitting Improvement Steering Council and Delivering on the Promise of the IIJA

  • Christine Harada, Executive Director, Federal Permitting Improvement Steering Council


2:15 – 2:45 pm​ — Strategies for Overcoming Vetocracy in Infrastructure Development

  • Francis Fukuyama, Olivier Nomellini Fellow at the Freeman Spogli Institute for International Studies; Director, Ford Dorsey Master’s in International Policy


2:45 – 3:45 pm​ — American Project Permitting and Development: Challenges and Opportunities

  • Moderator: Michael Bennon, Stanford CDDRL
  • Alex Herrgott, The Permitting Institute
  • Steve DeWitt, ACS Infrastructure Development
  • Liz Klebaner, Nossaman LLP


The forum is hosted by the Center on Democracy, Development and the Rule of Law (CDDRL) and organized in collaboration with the Build America Center (BAC), the Build America Bureau (BAB), the National Governors Association (NGA), and the Global Infrastructure Investors Association (GIIA).

Infrastructure conference partner logos

William Blount Hall
David & Joan Traitel Building, Hoover Institution
435 Lasuen Mall, Stanford, CA 94305

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The following is a guest article written by Marie Fujimoto, a graduate student at the University of Tokyo. Fujimoto enrolled in a course at the University of Tokyo’s Graduate School of Education called “Introduction to International and Cross-Cultural Education,” which was co-taught by SPICE Director Dr. Gary Mukai and former CASEER Director Dr. Hideto Fukudome. SPICE will feature several student reflections on the course in 2023.

In the course “Introduction to International and Cross-Cultural Education,” I was intellectually and emotionally challenged by the lectures of Dr. Mukai and our guest speakers. I was impressed by the pedagogical materials on Angel Island Immigrant Station by SPICE’s Jonas Edman and Angel Island Immigration Station Foundation Executive Director Edward Tepporn. I also grew frustrated to hear that not all schools recognize the value of teaching the diverse history of the United States. Listening to Dr. Liz Baham’s story of many African American children never aspiring to higher education due to systemic racial discrimination that is deep-rooted in U.S. society, I once again felt helpless. 

I am fully Japanese but have an international background. When I was 13 years old, I went to England by myself to learn violin in a music boarding school. I was lucky to be surrounded by supportive teachers and peers. But still, I often recognized that I was an “outsider” because I was short with darker skin, hair, eyes, and had a strange accent, even though I rarely spoke in class in the first place. 

After two years, I came back to Japan and completed high school in Tokyo. I then decided to attend the New England Conservatory in Boston, attaining a Bachelor of Music in Violin Performance in 2021. In school, there were many international students from China and Korea, and there were also Asian American students. At first, I felt comfortable to be with people who looked similar to me. However, I gradually realized that some Asian Americans went through hardships because they were not “American enough.” I sometimes heard stories of music teachers making comments on race, such as “Asian musicians have techniques, but not hearts.” These teachers were not at the New England Conservatory. I loved all the professors I met at NEC. However, classical music also has a dark history of privileging White, male, and European musicians. 

Despite social and political challenges, all of the guest instructors in our class did not give up on their goals in life, including teaching students in the United States of its diverse history.

In Japan, diversity is also difficult to embrace for many, but in a different way. Compared to other countries, Japanese are generally very good at noticing small differences, creating strict social norms. This may be contributing to a Japanese society that is uniform, organized, and clean, but people are constantly pressured to be assimilated into that mainstream. And it’s not always easy for people who cannot do so for whatever reason. Once, international students told me that they were hurt by the way some Japanese interacted with them. They felt that they were treated as “outsiders.” That said, I could also see that these Japanese did not mean to be offensive at all. And that’s why I think we have a problem in our society that needs to be addressed. 

Despite social and political challenges, all of the guest instructors in our class did not give up on their goals in life, including teaching students in the United States of its diverse history. They clearly do not want more children to be confused, ignored, or alienated in school and beyond—as they often felt as students—so they have emphasized the importance of giving a voice to the traditionally unheard. This empowered me.

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Marie Fujimoto headshot

Since last year, I started coaching the International Youth Orchestra at the Tokyo College of Music. It is the first orchestra in the Eastern area of Japan for pre-collegiate students with diverse national and ethnic backgrounds in Japan. Applying some of the pedagogical skills that I learned from the course, I try to create an encouraging community within the orchestra together with my co-workers. In the beginning, students seemed intimidated, but now they help each other and ask for extra support. I also collaborate with music teachers and Yukiko Tsubonou, Professor Emeritus at Japan Women’s University and Executive Director of the Institute of Creativity in Music Education. Our collaborative work is to design music classes for public schools and special needs schools, where every student can participate actively with improvisation. I bring my violin to a classroom, and students and I explore music-making spontaneously. Music can go beyond boundaries not only between countries but also within countries like Japan. 

Education can either divide or connect us, and it depends on the mindset of teachers. So, I will keep listening to voices and explore possibilities that music can have in education. I will keep moving forward, as Dr. Mukai and all the guest instructors have done.

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Professor Yujin Yaguchi in front of the main library at University of Tokyo
Blogs

Professor Yujin Yaguchi, University of Tokyo, Offers Lecture on Pearl Harbor for Stanford e-Japan

Professor Yujin Yaguchi introduced diverse perspectives on Pearl Harbor to 27 high school students in Stanford e-Japan.
Professor Yujin Yaguchi, University of Tokyo, Offers Lecture on Pearl Harbor for Stanford e-Japan
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Marie Fujimoto at Tsuda Elementary School, Yokohama City
Marie Fujimoto at Tsuda Elementary School, Yokohama City; photo courtesy Ayano Furuta, Yokohama City Board of Education Supervisor.
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Graduate student Marie Fujimoto reflects on a course co-taught by SPICE Director Gary Mukai and former CASEER Director Hideto Fukudome.

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Big Data China logo

On February 7, 2023, the Stanford Center on China’s Economy and Institutions (SCCEI) collaborated with the CSIS Trustee Chair in Chinese Business and Economics to host the Big Data China event, “How Private are Chinese Companies?” SCCEI’s co-director, Scott Rozelle, introduced the event while Scott Kennedy, the Trustee Chair Director, hosted. Professors Curtis Milhaupt of Stanford Law School and Lauren Yu-Hsin Lin of the City University of Hong Kong School of Law discussed their research (see two SCCEI China Briefs highlighting their work: China’s Corporate Social Credit System and Its Implications and CCP Influence Over China’s Corporate Governance). Their presentation was followed by a discussion of the implications for U.S.-China relations and U.S. policy with experts Barry Naughton of UC San Diego, Martin Chorzempa of the Peterson Institute for International Economics, and Trustee Chair Senior Fellow Ilaria Mazzocco

Curtis Milhaupt and Lauren Yu-Hsin Lin’s research explored two separate channels of potential CCP influence over China’s corporations: i) a set of initiatives called the “party-building” or dangjian policy that China’s central government launched in 2015 intending to strengthen and formalize the role of the CCP in China’s SOEs; and ii) China’s corporate social credit system (CSCS), a data-driven scoring system to rate the “trustworthiness” of all business entities registered in China. Panelists offered some initial reactions, agreeing that Milhaupt and Lin’s findings suggest that there is indeed separation between the public sector and private sector, as the data show substantial variation in the ability of the party to exercise control of firms across the state-owned and private sectors. Nonetheless, the scope for a truly private sector is becoming increasingly narrower as the lines blur between the two sectors.  

The subsequent discussion included a range of implications for U.S.-China relations and suggestions for policy action. While panelists agreed that Lin and Milhaupt’s findings underscore important distinctions in the party’s role in state-owned and private firms, some suggested that because the lines are increasingly blurry, policymakers should essentially treat the two sectors the same way. However, others suggested that Lin and Milhaupt’s research could be used as a sort of “how-to guide” for policymakers in understanding the varying degrees of party influence in the private sector. Meanwhile, panelists collectively underscored the need for regulations on the U.S. side mandating transparency by China’s corporations in an effort to avoid ad hoc regulation created after problems emerge, as in the case of TikTok.

Watch the entire event below for more.

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Experts Convene Roundtable to Discuss China’s Industrial Policy

The Stanford Center on China’s Economy and Institutions and Asia Society Policy Institute’s Center for China Analysis co-organized a closed-door roundtable on the scope, impact, and implications of China’s industrial policy and produced a summary report of the discussion.
Experts Convene Roundtable to Discuss China’s Industrial Policy
Marc Tessier-Lavigne gives opening remarks at the 2023 Stanford Asia Economic Forum in Singapore.
News

Stanford Asia Economic Forum Convenes to Explore “Our Shared Future”

Stanford alumni, faculty, and industry leaders met in Singapore to promote the exchange of ideas and mutual understanding between the U.S. and Asia
Stanford Asia Economic Forum Convenes to Explore “Our Shared Future”
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Hosted in collaboration with the CSIS Trustee Chair in Chinese Business and Economics, this Big Data China event provided an overview of the latest data-driven research evaluating the influence of China’s party-state on China’s companies and their ability to maintain autonomy.

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Rebuild, Reimagine, and Accelerate: Ukraine

Rebuilding Ukraine will not be easy. Rebuilding Ukraine into a modern market economy, an effective state, and a thriving democracy that can fulfill the requirements of EU membership will be a challenge. Rebuilding Ukraine into a model for sustainable development and sustainable societies in the 21st century for the world to follow will be an uphill battle.

It is a necessary battle.

Guided by past experiences of successes and failures in post-war reconstruction, our goal is to generate innovative, practical ideas for the rebuilding effort. We aim to provide a framework for reconstruction that empowers government policymakers, private sector actors, and non-government leaders to be ambitious and accountable.

This workshop brings together a broad set of experts to define the problem, outline the cornerstones of an effective framework, and lay the foundations for future action. We hope that the conversations we start together at Stanford will serve as a springboard for productive collaborations in the months and years ahead.

Organized by the Center on Democracy, Development and the Rule of Law, Freeman Spogli Institute for International Studies at Stanford University, and Economists for Ukraine.

7:30 - 8:10 am — Arrival and breakfast

8:10 - 8:15 am — Welcoming remarks

Kathryn Stoner (Stanford)
Dmytro Kushneruk (Consulate of Ukraine in San Francisco)

8:15 - 8:30 am — Opening remarks

Anastassia Fedyk (UC Berkeley)
Michael McFaul (Stanford)

8:30 - 9:00 am — Keynote Address

Mustafa Nayyem (State Agency for Restoration and Infrastructure Development of Ukraine), via Zoom

9:00 - 9:45 am — Taking stock: The Scale of Destruction and Scope of Reconstruction so far

Tymofiy Mylovanov (Kyiv School of Economics), via Zoom  
Nataliia Shapoval (Kyiv School of Economics), via Zoom

9:45 - 10:00 am — Coffee break

10:00 - 11:30 am — Getting the Economics Right. The Policies and Sequence of Reform and Reconstruction

Chair: Anastassia Fedyk (UC Berkeley)

Panelists:  
Torbjorn Becker (Stockholm School of Economics)  
Barry Eichengreen (UC Berkeley)  
James Hodson (AI for Good Foundation)  
Marianna Kudlyak (Federal Reserve Bank San Francisco)  
Denis Gutenko (former Head of State Fiscal Service)

11:30 - 11:45 am — Coffee break

11:45 am -1:15 pm — Getting Governance Right. Strengthening Democratic Accountability and Expanding Civic Engagement

Chair: Anna Grzymala-Busse (Stanford)

Panelists:  
Francis Fukuyama (Stanford)  
Luis Garicano (University of Chicago), via Zoom  
Ilona Sologoub (Vox Ukraine; Economists for Ukraine)  
Eva Busza (National Democratic Institute)  
Olexandr Starodubtsev (National Agency on Corruption Prevention), via Zoom

1:15 - 2:00 pm — Lunch

2:00 - 4:00 pm — Getting International Financing Right. The Structure, Sources, and Types of International Assistance

Chair: Erik Jensen (Stanford)

General Principles and Problems 
Panelists: Yuriy Gorodnichenko (UC Berkeley); Roger Myerson (University of Chicago)

The View from the U.S. Administration  
Panelists: Erin McKee (Bureau for Europe and Eurasia (E&E), USAID), via Zoom
Dafna Rand (Office of Foreign Assistance (F), Department of State), via Zoom

The View from International Financial Institutions 
Panelists: Vladyslav Rashkovan (IMF), via Zoom; Michael Strauss (EBRD)

4:00 - 4:15 pm — Coffee Break

4:15 - 6:00 pm — Sectoral and Regional Rebuilding. Ukrainian Reconstruction as a New Model for Sustainable Development

Chair: Kathryn Stoner (Stanford)

Panelists:  
Tatyana Deryugina (UIUC; Economists for Ukraine)  
Yulia Bezvershenko (Stanford)  
Andrii Parkhomenko (USC)  
Iryna Dronova (UC Berkeley)  
Eric Hontz (Center for International Private Enterprise) 
Roman Zinchenko (Greencubator), via Zoom

6:00 - 6:30 pm — Takeaways and Next Steps

Moderators: Anastassia Fedyk and Michael McFaul

6:30 - 7:00 pm — Reception

7:00 pm — Working Dinner: Takeaways and Next Steps


By invitation only. Not open to the public.

Workshops
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Marc Tessier-Lavigne gives remarks at the 2023 Stanford Asia Economic Forum in Singapore.

Stanford Asia Economic Forum


Saturday, January 14, 2023 | Capella Hotel, Singapore

In a world characterized by significant challenges, unprecedented opportunities, and dynamic business and political environments, the Stanford Asia Economic Forum is dedicated to fostering meaningful dialogue and collaboration between change-makers in the United States and across Asia.

The inaugural Stanford Asia Economic Forum brings together scholars, business leaders, and other change-makers to explore timely questions and issues affecting regional and global economies. Participants explore the role the United States and Asian countries can play in fostering the creation of new ideas, promoting sustainable practices, and pursuing sound economic policies that spur growth and economic development around the world.



Watch the Recording

Questions? Contact Tina Shi at shiying@stanford.edu

Capella Hotel, Singapore

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Workshop on Democracy, Development, and the Rule of Law in Southeast Asia

This workshop brings together scholars from Asia and the Freeman Spogli Institute at Stanford University to discuss the state of democracy, development, and the rule of law in Southeast Asia. Through these broad lenses, the participants will present research and reflections on various topics and cases from the region, including the monarchy in politics, peace-making in the Philippines, Chinese infrastructure investments in Myanmar, illiberalism in the Philippines, and Islamic law in Indonesia.

Event Co-Chairs:

Marisa Kellam
Associate Professor, Waseda University and Visiting Scholar at CDDRL

Donald K. Emmerson
Director, Southeast Asia Program of Shorenstein APARC

9:30 – 10:00 AM — Coffee and Introductions

10:00 – 10:45 AM — Political and Social Risks of the BRI: China’s overseas infrastructure investment projects in Myanmar
Presenter: Ruosui Zhang, Ph.D. Candidate, Waseda University
Discussant: Mike Bennon, Research Scholar, Global Infrastructure Policy Research Initiative at CDDRL, Stanford University

Developing countries are not passive takers of China’s loans and investments, an oft-overlooked aspect in the political economy of China’s foreign investment. Tracing the changing fate of the Myitsone dam in Myanmar, this presentation will argue that an increase in accountability from military dictatorship to semi-democracy explains the suspension of the project by the Myanmar government in 2011. It will also argue that the change in the leadership’s ideology from the quasi-civilian to a civilian government explains why the project did not encounter further setbacks even though the accountability level increases in Myanmar in 2016. 

10:45 – 11:30 AM — Roundtable discussion on Democracy, Development and the Rule of Law in Indonesia
Reza Idria, Assistant Professor, Ar-Raniry State Islamic University
Gita Wirjawan, Chairman, Ancora Group

This roundtable discussion will offer the perspectives of renowned Indonesia scholars on democracy, development and the rule of law in their country. In particular, Reza Idria will discuss the social and political responses to Sharia in Aech, and its broader implications for the rule of law in Indonesia. Gita Wira will speak about prospects and challenges for Indonesian democracy and development, including his expectations for the outcome and impact of elections next year.

11:30 AM – 12:30 PM — Lunch and Informal Discussion 

12:30 – 1:15 PM — Monarchy and Autocratization: Cases in Southeast Asia
Presenter: Kana Inata, Associate Professor, Tokyo Metropolitan University
Discussant: Francis Fukuyama, Professor and Olivier Nomellini Senior Fellow at CDDRL, Stanford University

Focusing on Southeast Asian monarchies, this presentation will highlight monarchs’ involvement in processes of autocratization in the region. The talk will contend that the monarchy intervenes directly as an autocratizer in Malaysia and Brunei, whereas the monarchy is used indirectly to justify autocratization by government actors in Thailand and Cambodia. In making these claims, the talk will clarify the boundaries between monarch’s de jure and de facto interventions in politics and will consider monarchical accountability. 

1:15 – 2:30 PM — Roundtable discussion on Democracy and the Rule of Law in the Philippines
Aya Watanabe (Researcher, Institute of Developing Economies-JETRO)
Lisandro Claudio (Associate Professor, UC Berkeley)
Yuko Kasuya (Professor, Keio University)

This discussion will consider the nature of democracy and its impact on the rule of law in the Philippines. Aya Watanabe will argue that the electoral prospects of politicians have complicated peace-making in the Mindanao conflict given that the negotiated settlements must be approved and implemented within the democratic political system. Both Lisandro Claudio and Yuko Kasuya will offer reflections on the May 2022 Philippine presidential election, and the pervasiveness of illiberalism, corruption, and violence in Philippine democracy more generally.

2:30 – 3:00 PM — Reflections 
Co-chairs and participants
 

Philippines Conference Room
Encina Hall, Third Floor, Central, C330
616 Jane Stanford Way, Stanford, CA 94305

This event is open to Stanford affiliates and invited guests only.

Workshops
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The advent of the “Arab Spring” over a decade ago fell short of addressing popular aspirations for greater economic prosperity and peace. Few of the successes in certain regions were offset by substantial detriments in countries that witnessed conflicts, civil wars, macroeconomic impairments, and socio-economic declines.

This talk will map out the major macroeconomic indices and indicators in the Arab Spring states, before and after the mobilization, in an attempt to shed a comparative light on the repercussions of the Arab Spring. Such indices include those of regulatory environment, competitiveness, corruption, human development, human capital, knowledge and innovation, entrepreneurship, research and development, public finance, financial inclusion, and e-government. The presentation will also highlight major challenges that have confronted the Arab Spring states and other embroiled Arab countries, namely: economic development and growth, fiscal deficits and sovereign-debt sustainability, unemployment, displaced populations, financial exclusion, weak safety-net programs, and informal economy. Finally, based on the events of the last decade, the talk will outline lessons learned regarding participatory democracy and good governance, social equity, independent development, civilizational renewal, and modernizing and institutionalizing the public sectors.

ABOUT THE SPEAKER

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Raed Charafeddine

Raed H. Charafeddine was first vice-governor at Banque du Liban, Lebanon’s central bank, from April 2009 till March 2019 and served as alternate Governor for Lebanon at the International Monetary Fund. He is currently a partner and executive board director of Vita F&B Capital, a MEA-focused strategic advisory firm. Charafeddine served as a board member and advisor for several NGOs that focus on alleviating poverty, improving education, healthcare, social justice, and women's empowerment. He was also a volunteer consultant for the United Nations Development Program in Beirut on conflict transformation. He holds a BA and an MBA from the University of North Carolina at Charlotte.

Encina Ground Floor Conference Room E008
Encina Hall, Ground Floor, East Wing 
616 Jane Stanford Way, Stanford, CA 94305

Raed Charafeddine
Seminars
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