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Nicholas R. Lardy is the Anthony M. Solomon Senior Fellow at the Peterson Institute for International Economics.  He joined the Institute in March 2003 from the Brookings Institution, where he was a senior fellow from 1995 until 2003.  Before Brookings, he served at the University of Washington, where he was the director of the Henry M. Jackson School of International Studies from 1991 to 1995.  From 1997 through the spring of 2000, he was also the Frederick Frank Adjunct Professor of International Trade and Finance at the Yale University School of Management.  He is an expert on the Chinese economy.  Lardy's most recent books are The State Strikes Back: The End of Economic Reform in China? (2019), Markets over Mao: The Rise of Private Business in China (2014), Sustaining China's Economic Growth after the Global Financial Crisis (2012), The Future of China's Exchange Rate Policy (2009), and China's Rise: Challenges and Opportunities (2008). 

This event is part of the 2020 Winter/Spring Colloquia series, The PRC at 70: The Past, Present – and Future?, sponsored by APARC's China Program.

IMPORTANT EVENT UPDATE: 

In keeping with Stanford University's March 3 message to the campus community on COVID-19 and current recommendations of the CDC, the Asia-Pacific Research Center is electing to make this event available through live stream only. We appreciate your understanding and cooperation as we do our best to keep our community healthy and well. 

Please join the live stream via Zoom by clicking here at the scheduled time, 4:30 PM, on March 4 to view Adam Segal's talk.

Analysts on both sides of the Pacific have described an escalating “technology cold war” between Beijing and Washington. Chinese hackers attack American technology companies and Beijing is reportedly planning on the removal of foreign software and hardware from government offices. Washington is blocking Chinese investments, using punitive measures against Huawei and Chinese surveillance companies, and scrutinizing research collaboration with Chinese universities as well as scientists and students. Both sides believe they are in and have to win a race to dominate 5G, AI, quantum, and other emerging technologies. What are the weapons of the tech cold war, and are the US and China doomed to ever more competition, or can they find common ground for cooperation? What does increasing competition between China and the United States mean for the rest of the world?

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Japan faces a rapid population decrease and aging. Workers’ aging is negatively associated with labor productivity. For instance, a 10% increase in the fraction of workers aged 55 and above is associated with a 3% decrease in labor productivity. Kawaguchi will present his recent research that assesses the impact of population aging on labor productivity. He will also address whether the adoption of a new technology, such as purchases of industrial robot or information and communications technology (ICT) equipment, can mitigate the negative impact of worker’ aging on labor productivity and what impact, if any, it has on Japan moving forward in addressing its aging population, adoption of new technology, and increasing labor shortage.

SPEAKER

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Daiji Kawaguchi is Professor of Economics at the University of Tokyo. Dr. Kawaguchi graduated from Waseda University (B.A., 1994), Hitotsubashi University, (M.A., 1996) and Michigan State University (Ph.D., 2002). In addition to his position at U of Tokyo, Kawaguchi is a Research Associate of Tokyo Center for Economic Research. Before joining University of Tokyo faculty in 2016, Kawaguchi was Assistant Professor of Economics at Osaka University (2002-03) and University of Tsukuba (2003-05), and Associate and full Professor at Hitotsubashi University (2005-2016).

The demographics of Japan’s aging society has galvanized a wide range of corporate efforts, supported both directly and indirectly by the government, to aggressively develop artificial intelligence-driven technologies and IT systems to perform work for which labor shortages are accelerating. We are beginning to see concrete corporate offerings to address shortages of specific types of skilled and unskilled labor, as well as numerous efforts underway to develop systems to cope with sparsely populated, elderly geographic regions and the logistics surrounding eldercare more generally.

In this talk, based on a forthcoming book chapter, Kushida examines specific corporate cases and government strategies suggesting how Japan’s population aging and shrinking has led to three primary interrelated drivers of significance to shaping technological trajectories: 1) Demographics as market opportunity of an entirely unprecedented scale to serve the needs of a rapidly aging society; 2) demographic change creating an acute labor shortage; and 3) favorable political and regulatory dynamics for pursuing the development and diffusion of new technological trajectories to solve social and economic challenges caused by demographic change. A critical implication is that if technologies developed or deployed within Japan to solve domestic demographic problems are applicable elsewhere, then Japan’s demographic challenge can be an opportunity to cultivate competitive products and services in global markets.

SPEAKER

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Kenji E. Kushida is a Japan Program Research Scholar at the Walter H. Shorenstein Asia-Pacific Research Center and an affiliated researcher at the Berkeley Roundtable on the International Economy. Kushida’s research interests are in the fields of comparative politics, political economy, and information technology. He has four streams of academic research and publication: political economy issues surrounding information technology such as Cloud Computing; institutional and governance structures of Japan’s Fukushima nuclear disaster; political strategies of foreign multinational corporations in Japan; and Japan’s political economic transformation since the 1990s. Kushida has written two general audience books in Japanese, entitled Biculturalism and the Japanese: Beyond English Linguistic Capabilities (Chuko Shinsho, 2006) and International Schools, an Introduction (Fusosha, 2008). Kushida holds a PhD in political science from the University of California, Berkeley. He received his MA in East Asian studies and BAs in economics and East Asian studies, all from Stanford University.

PARKING

Please note there is significant construction taking place on campus, which is greatly affecting parking availability and traffic patterns at the university. Please plan accordingly. Nearest parking garage is Structure 7, below the Graduate School of Business Knight School of Management.

This event is part of the Stanford Silicon Valley-New Japan Project Public Forum Series.

Consumption is a major driver of national economies, and scholars often study important differences across consumption patterns across countries, which influence many aspects of their societies and economies. Yet, the underlying business of logistics operations, and how they support countries’ respective retail industries, has as much, if not more impact than simply examining consumer behavior. In this public forum, Ryuichi Kakui, with deep expertise in eCommerce logistics, will explain how logistics are used in retail industries, comparing across the world’s three largest economies: the US, China, and Japan. He will introduce the concept of strategic logistics thinking and the “4C” framework and informs leading strategic logistics thinking. A conversation with Kenji Kushida, who examines how technologies and specific industry dynamics shape varying models of political economies around the world, will then link the area of logistics and retail to important systemic differences and underlying similarities across the world’s leading economies, which are pursuing contrasting models of social, economic, and political organization.

SPEAKERS

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Ryoichi Kakui is the founder of E-Logit, the leading eCommerce logistics company in Japan. He has published 29 books related to logistics, Amazon, and “omnichannel” distribution, which have been published in Japan, the US, China, Taiwan, South Korea, and Vietnam. He is a frequent commentator on television, radio, newspapers, magazines, and other media. Educated in Sophia University in Japan with an MBA from Golden Gate University, he founded UKETORU in 2015, a app addressing the issue of re-delivery, which escalated to a social issue in Japan.

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Kenji Kushida is a research scholar at the Japan Program at the Walter H. Shorenstein Asia-Pacific Research Center at Stanford University. One of this research themes examines how IT technologies shape political economies around the world, and how varying national political economic models shape the development trajectories of technologies. He leads the Silicon Valley – New Japan Project, a sustained platform for research and collaboration between Silicon Valley and the new and emerging aspects as Japan transforms itself.

PARKING

Please note there is significant construction taking place on campus, which is greatly affecting parking availability and traffic patterns at the university. Please plan accordingly. Open parking at Stanford University available starting 4:00pm unless otherwise marked. Nearest parking garage is Structure 7, below the Graduate School of Business Knight School of Management.