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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The U.S.-Asia Security Initiative at Stanford’s Shorenstein Asia-Pacific Research Center, in collaboration with the Japan Center for International Exchange, has published a report highlighting the findings from its Inaugural U.S.-Japan Security Workshop, a Track 1.5 dialogue in Tokyo that convened government and military officials from the United States and Japan, as well as scholars and regional experts, in May 2016.

The report, titled “Japan’s Evolving Defense Policy and U.S.-Japan Security Cooperation: Expectations versus Reality,” examines recent changes in Japan’s defense policy and the implications of these revisions on the U.S.-Japan alliance and regional security.

Sections of the report include:

  • American and Japanese Perspectives on the Security Trends in Asia
  • The Impact of the New Security Policy on U.S.-Japan Security Cooperation Efforts
  • Defense Cooperation and Weapons Development & Acquisition
  • Conclusions—Facing the Policy and Operational Challenges Head-On

Rising tensions in Asia underscore a need for expanded security cooperation. The report is offered as a tool to American and Japanese policy researchers and practitioners who seek to study and address the evolving security environment and what the future holds for the alliance.

The report may viewed by clicking here.

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The Japan Maritime Self-Defense Force destroyer JS Takanami (front) sails alongside the guided-missile destroyer USS McCampbell during a March 2014 tactical training event between the two ships.
Flickr/U.S. Pacific Fleet - Chris Cavagnaro
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Over two billion adults in the world (38% of all adults) are unbanked. Several more are underbanked and may have basic accounts but do not have access to credit or insurance services and not ‘financially healthy’. Anju will share her insights on the financially underserved (unbanked and underbanked) in emerging markets and developed world and possible solutions that are emerging in the digital age to help the financially underserved, in a commercially viable manner. 

Speaker Bio

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Anju Patwardhan is a Fulbright Fellow and Visiting Scholar at Stanford University where her research is focused on Fintech and specifically on use of technology to support financial inclusion. Anju 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 the Middle East covering over 70 countries. She was a member of SCB’s global leadership team, global risk management group and global technology & operations management group. She has been a speaker on Fintech and Financial Inclusion at the United Nations, Asian Development Bank, World Economic Forum, SF Federal Reserve, nationally televised panel discussions in Singapore and China etc. Anju is currently a Partner with Credit Ease China for its Fintech Fund and Fund of Funds, a member of the Investment Committee. She is also 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 is an alumnus of the IIT Delhi and IIM Bangalore and moved from Singapore to the Bay Area in August 2016.

Agenda

4:15pm: Doors open
4:30pm-5:30pm: Talk and Discussion
5:30pm-6:00pm: Networking

RSVP Required

 
For more information about the Silicon Valley-New Japan Project please visit: http://www.stanford-svnj.org/
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Amy Zegart
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Amy Zegart, co-director of CISAC, wrote the following op-ed for the San Francisco Chronicle:

Donald Trump’s stunning win has made many wonder: Just how dangerous could a Trump foreign policy be? There are plenty of reasons to be afraid, very afraid.

Trump knows almost nothing about national security but says his own top adviser would be himself. He has said he might use nuclear weapons against the Islamic State and would abandon the North Atlantic Treaty Organization and our Asia-Pacific allies unless they paid more — as though alliances are a two-bit mafia protection racket rather than an enduring source of American power projection across the globe. He doesn’t know what the U.S. nuclear triad is (it’s the cornerstone of our deterrence against total nuclear war), and he doesn’t care that he doesn’t know.

He dismisses U.S. intelligence reports attributing election hacking to the Russian government as “public relations.” And his Twitter trigger fingers have alarmed many about putting a man with so little obvious self-control anywhere near the U.S. nuclear codes. Three reasons, however, suggest that a Trump foreign policy might not be the doomsday scenario that many fear.

The first is the heavy burden of office. All presidents feel it. Campaigning is one thing, governing is another. Candidate Jimmy Carter railed against the Central Intelligence Agency during the 1976 presidential campaign and vowed to declaw it. President Carter did the opposite, embracing covert operations and declaring in his 1981 State of the Union message that, “Our national interests are critically dependent on a strong and effective intelligence capability.” Nothing is more sobering than seeing, up close, every day, what dangers confront the United States and threaten our vital interests. The campaign trail is exhilarating. The Oval Office is exhausting. Leading the most powerful country on Earth is an awesome responsibility that every president feels. That’s why they seem to age in dog years. 

The second check on recklessness is Congress. To be sure, presidents have far more unilateral powers when it comes to foreign policy than domestic policy. But Congress still matters. Congress controls the purse and oversees the executive branch — often times, not so well. But in moments of crisis, Congress does weigh in because voters back home demand it. Congressional pressure — and the prospect that Congress would cut off funding — finally pushed President Richard Nixon to end the Vietnam War. National Security Agency surveillance was dramatically reformed when Congress passed the USA Freedom Act in 2015. CIA assassination plots against foreign leaders ended when Congress’ Church committee investigation uncovered them and said, “enough.” To be sure, Republicans will again control the House and Senate come January. But the one thing that instantly unites all Republicans and Democrats is protecting their own power against an overreaching executive.

The third check is bureaucracy. American intelligence and military officials are professionals. They are trained to do their jobs regardless of who’s in power. While there are always exceptions (I’m thinking of you, FBI Director James Comey), the men and women who work at the tip of the spear of our national security establishment put country first. At the CIA, speaking truth to power is a cherished value. In the Pentagon, refusing to follow an unlawful order is deeply inculcated. These are not slogans on hats. These are the creeds by which our national security professionals live, and die. Spend any time at Strategic Command headquarters in Omaha, Neb., where there’s a red clock on the wall counting the time in seconds to nuclear impact on the operations center, and you’ll know just how real these values are. 

Implementing policy is harder than most people think. It takes time, it takes approvals, it takes organizational gears to grind, it takes coordination across agencies, it takes bureaucratic infighting and political maneuvering, and it often takes a bevy of lawyers. Every president complains that the process is far too cumbersome. Presidents issue plenty of orders that are not carried out quickly, or ever. Agendas are always long. Time is always short. Events often intervene. And concerned bureaucracies can wait it out while the president’s four-year term ticks away.

In the summer of 1952, when Dwight Eisenhower was running for president, Harry Truman famously captured just how hard it is to make change. Imagining how Eisenhower would handle the presidency, Truman remarked, “He’ll sit here and he’ll say, ‘Do this! Do that! And nothing will happen. Poor Ike — it won’t be a bit like the Army. He’ll find it very frustrating.” 

Let’s hope so.

 

 

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Checks on Trump's foreign policy
The CIA symbol is shown on the floor of the CIA Headquarters. The CIA is one of the government agencies that president-elect Donald Trump would find to be a check on any reckless national security decisions or actions, according to Stanford political scientist Amy Zegart.
Mark Wilson/Getty Images
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**This event has been cancelled.**

This event is co-sponsored by: The France-Stanford Center for Interdisciplinary Studies, The Europe Center, The Hoover Institution, Stanford Global Studies, The French and Italian Department, Division of Literatures, Cultures, and Languages, and The Stanford Humanities Center.

Levinthal Hall, Stanford Humanities Center
424 Santa Teresa Street
Stanford

Valéry Giscard d'Estaing Panelist Former President of the French Republic (1974 - 1981)

Encina Hall
Stanford University
Stanford, CA 94305

(650) 723-0249 (650) 723-0089
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Senior Research Scholar at The Europe Center
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Christophe Crombez is a political economist who specializes in European Union (EU) politics and business-government relations in Europe. His research focuses on EU institutions and their impact on policies, EU institutional reform, lobbying, party politics, and parliamentary government.

Crombez is Senior Research Scholar at The Europe Center at the Freeman Spogli Institute for International Studies at Stanford University (since 1999). He teaches Introduction to European Studies and The Future of the EU in Stanford’s International Relations Program, and is responsible for the Minor in European Studies and the Undergraduate Internship Program in Europe.

Furthermore, Crombez is Professor of Political Economy at the Faculty of Economics and Business at KU Leuven in Belgium (since 1994). His teaching responsibilities in Leuven include Political Business Strategy and Applied Game Theory. He is Vice-Chair for Research at the Department for Managerial Economics, Strategy and Innovation.

Crombez has also held visiting positions at the following universities and research institutes: the Istituto Italiano di Scienze Umane, in Florence, Italy, in Spring 2008; the Department of Political Science at the University of Florence, Italy, in Spring 2004; the Department of Political Science at the University of Michigan, in Winter 2003; the Kellogg Graduate School of Management at Northwestern University, Illinois, in Spring 1998; the Department of Political Science at the University of Illinois at Urbana-Champaign in Summer 1998; the European University Institute in Florence, Italy, in Spring 1997; the University of Antwerp, Belgium, in Spring 1996; and Leti University in St. Petersburg, Russia, in Fall 1995.

Crombez obtained a B.A. in Applied Economics, Finance, from KU Leuven in 1989, and a Ph.D. in Business, Political Economics, from Stanford University in 1994.

Senior Research Scholar Panelist The Europe Center

Knight Management Center
Stanford University
655 Knight Way
Stanford, CA 94305-7298

(650) 725-1673
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Assistant Professor of Finance
Assistant Professor, by courtesy, of Economics
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Peter Koudijs is an Assistant Professor of Finance at the Stanford Graduate School of Business where he teaches History of Financial Crises in the MBA program. He joined the GSB in August 2011. Peter received a Bachelor’s degree, cum laude, in Economics from the University of Utrecht in the Netherlands. He earned a PhD degree, summa cum laude, in Economics at Universitat Pompeu Fabra in Spain in 2011. Peter has obtained various grants and fellowships from the European Union, the Economic History Association and different Dutch and Spanish scholarship programs.
 

Affiliated Faculty at The Europe Center
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Assistant Professor of Finance Panelist Graduate School of Business
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Tokyo Foundation - Shorenstein APARC Joint Symposium

 

RSVP required: send name & affiliation with the subject line “TF-APARC Symposium” to info@tkfd.or.jp
 

On November 8, Americans will go to the polls to choose their new president. How will the new administration tackle pressing issues confronting the United States and the world? For clues on the kind of policies the White House is likely to pursue starting next January to power the US economy and address foreign and security priorities, the Tokyo Foundation will host a symposium inviting top US and Japanese experts on November 17--less than 10 days following the election.

Organized jointly with the Shorenstein Asia-Pacific Research Center at Stanford University, the symposium will feature such experts on the Stanford faculty as Edward Lazear, former chairman of the President’s Council of Economic Advisers, and former US Ambassador to Japan Michael Armacost. Japanese panelists will include former World Bank economist and now Waseda University professor Shujiro Urata and Tokyo Foundation director of policy research Bonji Ohara.

To be conducted in English and Japanese (with simultaneous interpretation), the event will examine the direction of US policy, its impact on Japan, and the future of Japan-US relations.
 

Program

9:30     Opening Remarks

Gi-Wook Shin (Director, Shorenstein APARC, Stanford University)
Takeo Hoshi (Chair of the Board, Tokyo Foundation; Director, Japan Program, Shorenstein APARC, Stanford University)

9:40     Keynote Address

Edward Lazear (Professor, Graduate School of Business, and Senior Fellow, Hoover Institution, Stanford University; former Chairman of the President’s Council of Economic Advisers)

10:00   Panel Discussion: “Economic and Trade Policies under the New Administration”

Panelists
Shujiro Urata (Professor, Graduate School of Asia-Pacific Studies, Waseda University)
Edward Lazear
Kathleen Stephens
(Distinguished Fellow, Shorenstein APARC, Stanford University; former US Ambassador to South Korea)
Kenji Kushida (Research Associate, Japan Program, Shorenstein APARC, Stanford University)

Moderator
Takeo Hoshi

10:45   Q&A

11:00   Panel Discussion: “Foreign and Security Policies under the New Administration”

Panelists

Michael Armacost (Distinguished Fellow, Shorenstein APARC, Stanford University; former US Ambassador to Japan)
Karl Eikenberry (Distinguished Fellow, Shorenstein APARC, Stanford University; former US Ambassador to Afghanistan)
Bonji Ohara (Director of Policy Research, Tokyo Foundation)

Moderator
Gi-Wook Shin

11:45   Q&A

 

Event Link and RSVP

 

2nd Floor Meeting Room, Nippon Foundation Building (1-2-2 Akasaka, Minato-ku, Tokyo)

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Scholars and affiliates of Stanford’s Shorenstein Asia-Pacific Research Center (APARC) and experts in the Freeman Spogli Institute for International Studies have offered commentary to media about the U.S. presidential election and its impact on U.S.-Asia relations.

The next administration's policy directions were also the focus of Shorenstein APARC-sponsored events held in Seoul, Stanford and Tokyo. A select list of links to commentary and an article about the Stanford event are located below. The list will continue to be updated.



Post-election commentary

"Trump says he won't ratify the TPP, what are the implications?" cites Donald K. Emmerson, Talk Media News, Nov. 29, 2016

"U.S. economy and security under the new president," television segment with Takeo Hoshi, also cites symposium held in Tokyo, Nikkei CNBC (in Japanese), Nov. 18, 2016

"Our allies are afraid. Here's how Trump can reassure them.," by Michael McFaul, from Seoul, Washington Post, Nov. 17, 2016

"Trump unlikely to drastically change U.S. defense policy on South Korea," cites Shorenstein APARC affiliates and symposium held in Seoul, The Korea Herald, Nov. 15, 2016

"Int'l community needs realistic goal for N.K. nuke talks," interview with William J. Perry, Yonhap News (in English and Korean), Nov. 15, 2016

"The Repudiation of American Internationalism and What It Means for Japan," by Daniel SneiderToyo Keizai (in English and Japanese), Nov. 11, 2016

"S.Korea-U.S. alliance won't change because of the election," cites Kathleen Stephens, Yonhap News, Nov. 9, 2016

"U.S. Economic and Foreign Policy under the New Administration," includes video of the Tokyo panel discussion, Nov. 20, 2016

Pre-election commentary

"Stanford scholars analyze the next U.S. administration's Asia-Pacific policy," Caixin Media (in Chinese), Nov. 7, 2016

"Shorenstein APARC scholars explore Asia policy challenges facing next administration," Shorenstein APARC, Oct. 31, 2016



Cautious optimism in Asia toward Trump administration

By Lisa Griswold

U.S. President Barack Obama’s term will end in January 2017 and a new administration led by Donald Trump is expected to take office, so: what does this mean for U.S. policy toward Asia?

A panel discussion featuring scholars from the Shorenstein Asia-Pacific Research Center (APARC) in the Freeman Spogli Institute (FSI) convened at Stanford on Tuesday to discuss policy directions and to offer perspectives of reactions to the election in South Korea and Japan, having just returned from there.

“This election was contentious, divisive, and at many times, surprising. There were different opinions about the results, but in general, people expressed a lot of concern throughout Asia,” Stanford professor Gi-Wook Shin said in his introductory remarks.

Shin, who is also the director of Shorenstein APARC, moderated the event, which included remarks from Michael Armacost, a Shorenstein APARC fellow and former U.S. ambassador to Japan and the Philippines; Kathleen Stephens, the William J. Perry Distinguished Fellow and former U.S. ambassador to the Republic of Korea; and Takeo Hoshi, an FSI senior fellow and director of Shorenstein APARC’s Japan Program.

Unprecedented election

Trump, who has never before held a political role, has unique credentials compared to his predecessors and his views break from the Republican Party establishment, traditionally pro-free trade and active in foreign policy.

“It’s difficult to guess what Trump’s foreign policy reflexes will be,” said Armacost, a former National Security Council official, who emphasized that international relations are often prompted by unplanned occurrences.

Trump has said, for example, that he would withdraw the United States from the North American Free Trade Agreement, rescind its membership in the World Trade Organization, and scrap the Trans-Pacific Partnership (TPP), a 12-nation trade deal brokered by the Obama administration.

The president-elect, however, has amended some views communicated during the campaign, and is likely to rely on his national security advisors for guidance on foreign policy issues.

“Trump may well be a skillful bargainer, but I suspect that striking a real estate deal is a lot simpler than negotiating with foreign sovereign governments on issues that carry a lot of cultural and historical baggage,” said Armacost, who served as U.S. undersecretary of state for political affairs from 1984-89.

“Still his pragmatism, I think, is a virtue. Trump seems a smart fellow, and he sure has a steep learning curve ahead. We can only hope he will manage it well,” he added.

Uncertain path, opportunity

Echoing Armacost, Hoshi said Trump’s changed positions over the past few weeks have made it difficult to predict what’s ahead for U.S. economic and trade policy.

Trump, who campaigned with a message of restoring lost jobs in America, urged that the U.S. government reform several areas of economic policy and governance, such as its interaction with the Federal Reserve and implementation of the Dodd-Frank Act, a set of regulatory reform measures enacted in response to the 2008 financial crisis.

Hoshi, an economist, suggested Trump faces an uphill battle in his attempts to reconcile campaign rhetoric and political reality, especially in the midst of the president-elect’s break from the Republican Party establishment and promises made to voters.

The view of the election from Japan, Hoshi added, is that the United States is receding from its leadership role in the world, particularly in the area of trade.

Trump promised early on to nix the TPP and has remained steadfast, releasing a video message shortly after the election confirming his position. That decision is interpreted in Japan as a symbol of America’s withdrawal, said Hoshi, noting that a similar sentiment on trade would have been expected if Hillary Clinton were elected since she too promised to rollback the deal.

“The United States was the leader behind the TPP, but now it’s saying ‘we are out.’ For Asian people, this represents a really drastic change and a loss of credibility,” Hoshi said.

Asian countries, however, could use a void left by an American departure in trade policy to step in. “Maybe some countries will see it as an opportunity,” he said.

Unease over democratic processes

Stephens, who was in Seoul when the U.S. election results were called, said Koreans shared “a sense of unease about our [mutual] democratic processes.”

South Korea, like the United States, has a democratic system of government – a republic. The Asian country is currently embroiled in its own political upheaval as calls for the resignation of President Park Geun-hye continue following accusations of corruption.

Stephens, who served in the U.S. Foreign Service for 35 years before coming to Stanford, also noted that there was some trepidation about a Trump-led administration in Korean policy circles. It’s a known ambition of policy advisors to forge connections in anticipation of the new administration, but the Trump/Pence win was so unexpected that now there’s a “scramble to make those relations,” she said.

The president-elect’s phone calls and meetings with foreign leaders provided some reassurance though, particularly with South Korea and Japan, two countries with formal U.S. alliances that Trump had initially questioned over their nuclear policy and cost of local U.S. military presence, she said.

“The priority for the Trump administration should be to affirm the importance of U.S. alliances and to make very clear the commitment to securing them,” Stephens said.

A new U.S. administration also provides an opportunity to undertake a policy evaluation, which could carry implications for South Korea, in trade policy and its attempt to reengage North Korea, she said.

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U.S. President Barack Obama speaks while meeting with President-elect Donald Trump at the White House, Nov. 10, 2016.
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Although each nation in Europe retains its distinct cultural, social and political identity, the region as a whole is among the world’s most economically integrated zones. The open movement of goods, services, capital, people, and pollutants that we observe today was not, however, inevitable; instead, it was contested, challenged, and reversed at many points in the past.

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As the 21st century unfolds, some fundamentals remain the same including the abiding affinity between Australia and the United States. However as the world changes and evolves, so to must this relationship. The Asia-Pacific region continues to experience breakneck change including the emergence of China, the rapid economic development of the region and simmering security issues. How Australia and the U.S. relationship responds to these developments will help shape the relationship between our countries for decades to come.

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The Honorable Joe Hockey is Australia’s Ambassador to the United States, taking up his posting in Washington in January 2016.

Mr. Hockey has had a long and distinguished career in public service. He first entered Parliament in 1996 as the Member for North Sydney and spent more than seventeen years on the front bench.

Mr. Hockey served as a Minister in a number of different portfolios including Financial Services, Small Business and Tourism, Human Services and Employment and Workplace Relations.

In 2013 Mr. Hockey was appointed Treasurer of the Commonwealth and was responsible for all economic policy including fiscal policy. He served as Chair of the G20 Finance Ministers and Central Bank Governors in 2014 and a member of the leadership troika in 2015. As Treasurer he was a regular delegate to IMF, World Bank, Asian Development Bank and APEC meetings.

Previously Mr. Hockey served as a banking and finance lawyer with a major Australian law firm. He graduated from the University of Sydney with Bachelor degrees in Arts and Law.

This event is co-sponsored by the U.S. - Asia Security Initative and the Southeast Asia Program

His Excellency, the Honorable Joe Hockey <i>Australian Ambassador to the U.S. </i>
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The inaugural U.S.-Japan security workshop, held in Tokyo, Japan, on May 19, 2016, convened senior Japanese and American policymakers, scholars and regional experts to discuss Japan's security policy and alliance between Japan and the United States, hosted by Stanford's U.S.-Asia Security Initiative at the Shorenstein Asia-Pacific Research Center in the Freeman Spogli Institute for International Studies.

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