This is a CDDRL seminar within our Democracy in Taiwan Program.

Cliff Tan is Consulting Professor and formerly Visiting Scholar at the Stanford Center for International Development. At SCID, Mr. Tan is writing a book on financial market retrospectives of the Asian financial crisis, how those might or might not differ from well-recorded views of policymakers and academics, and if they differ, whether they offer lessons for the financial market crises of today.  Mr. Tan is also a founding partner in a new charity that will partly invest in global microfinance, and occasionally consults to hedge funds

Prior to SCID, Mr. Tan headed up local markets strategy in fixed income and foreign exchange for Citigroup in Asia. Over 19 years of research on Asia and Japan, Mr. Tan worked as FX/Interest Rate Strategist and co-head of Asian Economics at Warburg Dillon Read (now UBS), Japan/Asia Economist at Wellington Management Company, LLC, and proprietary trading/credit risk economist at Bankers Trust Company. Mr. Tan has been voted a top five currency strategist several times by Asiamoney (including a #1 ranking in 2003) and has also been cited for work as both an economist and strategist by The Asset magazine.

Before entering financial markets, Mr. Tan covered Greater China at the US Federal Reserve Board, was a Lecturer at the University of Hong Kong and was a Visiting Fellow at the Korea Development Institute.

Mr. Tan received M.Phil. and M.A. degrees in Economics from Yale University, an A.M. in East Asian Regional Studies from Harvard University and an A.B. (magna cum laude) in Journalism and East Asian Studies from the University of Southern California.

The wars in Afghanistan and Iraq. Dependence on expensive foreign oil. Challenging diplomacy with nuclear-armed countries. America's next president needs a strong vision and stronger will to tackle these formidable tasks and those that lie ahead. Which candidate is best equipped to meet these challenges? Our panel of top advisors to the Republican and Democratic presidential nominees will address each candidate's plan to improve our international security. Join us to listen and ask questions of these experts.

Sponsored by The Commonwealth Club of California.

Professor Schaede's seminar will focus on the themes of her new book, Choose and Focus: Japanese Business Strategies for the 21st Century (Cornell UP, 2008). She will argue that Japan has undergone a strategic inflection point so fundamental that relying on what we used to know about Japan from the 1980s is insufficient to understand the new Japanese competitiveness.

In addition to analyzing this recent shift away from diversification to focused, lean organizations among Japan's leading companies, Professor Schaede will also discuss the newly emerging takeover market in Japan, as well as the changing role of venture capital and startups in Japan's newly emerging open system of innovation.

Ulrike Schaede is Professor of Japanese Business at UC San Diego's School of International Relations and Pacific Studies. Schaede has written extensively on business organization and the financial system in Japan. Her recent working papers discuss changes in business groups and Japan's main bank system; investment funds, institutional investors and hostile takeovers; legal reform and "revitalization", as well as changing employment strategies and non-regular work. She is also an investigator for SPRIE's Japanese Entrepreneurship project.