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FSI's research on the origins, character and consequences of government institutions spans continents and academic disciplines. The institute’s senior fellows and their colleagues across Stanford examine the principles of public administration and implementation. Their work focuses on how maternal health care is delivered in rural China, how public action can create wealth and eliminate poverty, and why U.S. immigration reform keeps stalling. 

FSI’s work includes comparative studies of how institutions help resolve policy and societal issues. Scholars aim to clearly define and make sense of the rule of law, examining how it is invoked and applied around the world. 

FSI researchers also investigate government services – trying to understand and measure how they work, whom they serve and how good they are. They assess energy services aimed at helping the poorest people around the world and explore public opinion on torture policies. The Children in Crisis project addresses how child health interventions interact with political reform. Specific research on governance, organizations and security capitalizes on FSI's longstanding interests and looks at how governance and organizational issues affect a nation’s ability to address security and international cooperation.

Human Rights Watch comes to Stanford

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The Program on Human Rights at the Center on Democracy, Development, and the Rule of Law (CDDRL) is hosting the Human Rights Watch 2011 Voices for Justice honorees at a special event at Stanford University on November 18, 2011. This year's honorees —Consuelo Morales and Sussan Tahmasebi— will discuss their work defending human rights on the front lines in Mexico and Iran.

The Program on Human Rights at the Center on Democracy, Development, and the Rule of Law (CDDRL) is hosting the Human Rights Watch 2011 Voices for Justice honorees at a special event at Stanford University on November 18, 2011. This year's honorees —Consuelo Morales and Sussan Tahmasebi— will discuss their work defending human rights on the front lines in Mexico and Iran.

“These women are powerful and inspirational leaders," said Helen Stacy, director of the Program on Human Rights at CDDRL. "It is a rare and unique opportunity for the Stanford community to learn from their experiences and heroism.” Sitting at the intersection of research and policy, the Program on Human Rights provides a forum for Stanford faculty who work in disciplines that engage or border on human rights and student-initiated human rights groups on campus.

Human Rights Watch is one of the world’s leading independent organizations dedicated to defending and protecting human rights. Each year Human Rights Watch honors individuals who have put their lives and safety at risk in the name of defending human rights, presenting these human rights defenders with The Alison Des Forges Award for Extraordinary Activism.

Consuelo Morales works in Mexico defending victims of human rights violations to hold their abusers accountable. Security forces have committed widespread violations against civilians in Mexico—including torture, rape, and “disappearances”—yet their crimes are virtually never investigated. In the face of intimidation, Morales’s organization continues to lead efforts in the state of Nuevo Leon to document these abuses, litigate key cases, and provide critical support for victims of violent crime. Human Rights Watch honors Morales because of her courageous efforts to end impunity and aid victims of abuses in Mexico’s “war on drugs.”

Sussan Tahmasebi raises broad public awareness about how discriminatory laws violate the human rights of women in Iran. She helped found the award winning One Million Signatures Campaign, which rallies support for an end to Iran’s gender-biased laws. Tahmasebi has been harassed by security forces and was banned from traveling abroad because of her work. Human Rights Watch honors Tahmasebi for her fearless commitment to promoting civil society and bringing national prominence to women's rights issues in Iran.

“We are proud to be honoring two remarkable women and we are thrilled to be able to bring these exceptional defenders to engage with the Stanford human rights community,” said Andrea Dew Steele, director of the California Committee North at Human Rights Watch.

The Human Rights Defenders on the Front Line event will be held at the Bechtel Conference Center at Encina Hall on November 18 from 12:00 to 1:30PM.

For more information and to RSVP, please click Human Rights Defenders on the Front Line: a conversation with 2011 HRW honorees.

To learn more about the 2011 Human Rights Watch Voices for Justice Dinner on November 17, please visit: http://hrw.org/san-francisco

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Worldwide Inflation and International Monetary Reform: Exchange Rates or Interest Rates?

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Ronald I. McKinnon is an applied economist whose primary interests are international economics and economic development-with strong secondary interests in transitional economies and fiscal federalism. Understanding financial institutions in general, and monetary institutions in particular, is central to his teaching and research. His interests range from the proper regulation of banks and financial markets in poorer countries to the historical evolution of global and regional monetary systems. His books, numerous articles in professional journals, and op-eds in the financial press such as The Economist, The Financial Times, and The Wall Street Journal reflect this range of interests.

 

 

Event Summary

Professor McKinnon first outlines the two major assumptions behind his paper (available on this page). First, that from December 2008 to August 2011, an inflow of "hot money" to emerging economies resulted from low U.S., European, and Japanese interest rates. Since then, the trend has reversed in the wake of the European banking crisis and bank lending has fallen. Second, the dollar remains the widespread central bank reserve currency despite instability in the U.S. system. 

 

McKinnon voices concern about Federal Reserve Chairman Ben Bernanke's zero interest rate policy, calling it an overreaction to the crisis and a "lose-lose" policy as it deters investment in the U.S. while simultaneously spurring destabilizing hot money flows to surrounding emerging markets. These countries are in turn forced to suppress interest rates to mitigate the inflows, and to build up dollar reserves to keep exchange rates in check. The zero interest rate policy also stimulates carry trades in commodities by speculators.

 

The belief that under a zero interest rate regime, inflation will stimulate the economy by bringing real interest rates to negative levels, is misplaced in McKinnon's view. He argues that this simply adds uncertainty and interferes with efficient bank intermediation, as banks hold high excess reserves and tighten lending, causing a procyclical contraction as has been seen in the United States and Europe. He contrasts this approach with China, which stabilized its economy following the “dot-com” bust by expanding rather than contracting bank credit. He criticizes U.S. pressure on China to appreciate or float its currency, asserting that these strategies would fail to reduce China's trade surplus.

 

McKinnon suggests that international reforms should target interest rates instead of exchange rates.  He recommends coordination between central banks of the major industrialized countries, especially the United States, European countries, and Japan - to collectively raise interest rates to approximately 2%. This would improve overall bank intermediation, and would benefit both central and peripheral countries in Europe.

 

A question and answer session following the talked addressed topics including: the likelihood of a coordinated effort between central banks; the potential effects of Kucinich's monetary reform proposal; the potential negative effects on real growth from carry trades, and whether this is a cause for concern; and the effects of bank borrowing trends in Europe on the European monetary system.

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CISAC Conference Room

Ronald I. McKinnon

Shorenstein APARC
Stanford University
Encina Hall, Room E301
Stanford, CA 94305-6055

(650) 723-9741 (650) 723-6530
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William D. Eberle Professor of International Economics
R_McKinnon_headshot.jpg PhD

Ronald McKinnon is the William D. Eberle Professor of International Economics at Stanford University. Currently, he is researching trade and financial policy in less-developed countries, the transition from socialism in Asia and Eastern Europe, the foreign exchange market and U.S.-Japan trade disputes, European monetary unification and international monetary reform, and the economics of market-preserving federalism.

Recent books by McKinnon include The Order of Economic Liberalization: Financial Control on the Transition to a Market Economy, 2nd edition (1993); The Rules of the Game: International Money and Exchange Rates (1996); and Dollar and Yen: Resolving Economic Conflict between the United States and Japan (with K. Ohno, 1997). Recent (1997) articles include "Credible Liberalizations and International Capital Flows: The Overborrowing Syndrome" (with H. Pill); "The East Asian Dollar Standard, Life after Death?" (1999); and "The Syndrome of the Ever-Higher Yen: American Mercantile Pressure on Japanese Monetary Policy" (with K. Ohno and K. Shirono, 1999). McKinnon teaches international trade and finance, economic development, money and banking, and financial control in developing and transitional socialist economies.

Ronald I. McKinnon William D. Eberle Professor of International Economics (Emeritus) Speaker Stanford University
Seminars
European and Global Economic Crisis Series

Incomplete Assimilation among Muslims in France

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Recognizing the political consequences for Europe of Muslim immigration, and relying on a novel identification strategy, this paper investigates why Muslim assimilation into French cultural norms is incomplete, and provides experimental and survey evidence that reveals the low expected payoffs that Muslim immigrants in France receive for full assimilation. While the data show that rooted French people initially distrust Muslims (compared to a matched set of Christians)  in part due to their unwillingness to fully assimilate, the real source of Muslim reluctance to fully assimilate is their perception that in anonymous transactions (i.e., through French institutions) they will always be perceived as foreign and face discrimination.

Workshop paper is available to Stanford affiliates upon request by email to khaley@stanford.edu

David Laitin is the James T. Watkins IV and Elise V. Watkins Professor of Political Science at Stanford University. He received his B.A. in Political Science from Swarthmore College and his Ph.D. in Political Science from the University of California, Berkeley. His research interests include comparative politics, nation-state formation, ethnic conflict, and religion. Among his publications are Politics, Language and Thought: The Somali Experience (1977), Hegemony and Culture: Politics and Religious Change among the Yoruba (1986), Language Repertoires and State Construction in Africa (1992), Identity in Formation: The Russian-Speaking Populations in the Near Abroad (1998), and Nations, States and Violence (2007). Prof. Laitin has been a recipient of fellowships from the Howard Foundation, the Rockefeller Foundation, the Guggenheim Foundation, and the Russell Sage Foundation. He is an elected member of the American Academy of Arts and Sciences and the National Academy of Sciences.

 

Event Summary

Professor Laitin opens the seminar by providing background on the research project that motivated the paper. This examined: whether Muslim immigrants in France faced unique social and economic barriers; the source of the barriers; and whether French republicanism exacerbated or lessened the barriers. He provides a brief summary of studies examining the first and third points, but the focus of his talk was on the second point: if there are higher barriers for Muslims, who is building them?

Professor Laitin then describes the study his research team carried out on a Senegalese population in France for 15 years, drawing on equal-sized groups of Muslims and Christians from similar social and economic conditions. Through a series of games and surveys, the team observed that within Senegalese Muslims in France, certain groups assimilate more than others, and those that assimilate less are treated worse by French individuals and institutions. Many of the Muslims expected to be treated less generously by French individuals, and reported more experiences of discrimination from French institutions, which Professor Laitin's team found was more difficult to overcome than individual discrimination. This group also exhibited stronger financial ties (measured by investments and remittances sent to Senegal from France) and emotional ties (measured by desire to be buried in Senegal rather than France after death). The results of the study are used to provide a series of decision rules and reward matrixes for incoming Senegalese Muslims, including the likelihood of penalties and rewards for assimilation, such as giving children French names.

During a discussion period following the presentation, such questions were raised as: Do the results of the study have more to do with the respondents being Muslim, or simply not being French - or, do other ethnic or religious groups have the same problems assimilating into French Catholic society? Is the example of preferences for burial locations more about ties to Senegal than lack of ties to France? How much of the effect is due to being black rather than Muslim? Will the results of the study change as the Muslim population in France increases? What has been the reception in France to the prohibition of collecting ethnographic data? Why is "incomplete assimilation" framed as a "response" to the discrimination - is it a choice or is it just the way things are? Where does the fault lie in the discrimination reported in the survey?

CISAC Conference Room

David Laitin

Department of Political Science
Stanford University
Encina Hall, W423
Stanford, CA 94305-6044

(650) 725-9556 (650) 723-1808
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James T. Watkins IV and Elise V. Watkins Professor of Political Science
laitin.jpg PhD

David Laitin is the James T. Watkins IV and Elise V. Watkins Professor of Political Science and a co-director of the Immigration Policy Lab at Stanford. He has conducted field research in Somalia, Nigeria, Spain, Estonia and France. His principal research interest is on how culture – specifically, language and religion – guides political behavior. He is the author of “Why Muslim Integration Fails in Christian-heritage Societies” and a series of articles on immigrant integration, civil war and terrorism. Laitin received his BA from Swarthmore College and his PhD from the University of California, Berkeley.

Affiliated faculty at the Center for International Security and Cooperation
Affiliated faculty at The Europe Center
David Laitin Speaker
Seminars
Islam and Contemporary Europe

The Future of Crime

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The unprecedented rapid rate of scientific progress is creating new opportunities for transnational criminal and terrorist organizations to exploit advances in technology for unintended nefarious purposes. While much research has been dedicated on the common cyber security threats of today, little if any study has been devoted to next generation forms of technological crime and terrorism.

This discussion will provide an engaging and entertaining futurist perspective on the effects technological progress on crime, policing and national security. Specific topics to be covered include the criminal and terrorist implications of emerging technologies such as robotics, nanotechnology, artificial intelligence, synthetic biology, the human genome, virtual worlds, the social data revolution and ubiquitous computing.

Speaker Biography: Marc Goodman is a global thinker, writer and consultant focused on the disruptive impact of advancing technologies on security, business and international affairs.  Over the past twenty years, he has built his expertise in next generation security threats such as cyber crime and cyber terrorism working with organizations such as Interpol, the United Nations, NATO, the Los Angeles Police Department and the U.S. Government.  Marc provides a front seat view into the digital underground and insights into the emerging technological, geopolitical, and security trends shaping our common future.

Mr. Goodman frequently advises industry leaders, security executives and global policy makers on transnational cyber risk and intelligence and founded the Future Crimes Institute to inspire and educate others on the security implications of newly emerging technologies.  In addition, Mr. Goodman serves as the Chair for Policy, Law and Ethics at Silicon Valley’s Singularity University, a NASA and Google sponsored educational venture dedicated to using advanced science and technology to address humanity’s grand challenges. 

Reuben W. Hills Conference Room

Marc Goodman Chairman and Founder Speaker Future Crimes Institute
Seminars

European and Global Economic Crisis Series: "The Spanish Economic and Financial Crises"

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Joan Casanovas will provide an analysis of the evolution of the current Spanish economic crisis and the way this crisis is presented by the media. The focus will be on Spain's financial solvency and that of its financial institutions, as seen by someone who has been immersed in the situation from the outset.

A recent article about Spain's economic crisis can be found in the Oct. 20th NY Times article, "As Spain Faces a Possible Recession, Criticism of Its Central Bank is Growing"

The RSVP deadline has been extended to Monday, April 30th.

CISAC Conference Room

Joan Casanovas Arbó CFO (ret.) Speaker Grupo Catalana Occidente
Seminars
European and Global Economic Crisis Series
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