Abstract:

Decisions about “who gets what, when, and how” are perhaps the most important that any government must make. So it should not be remarkable that around the world, public officials responsible for public budgeting are facing demands—from their own citizenry, other government officials, economic actors, and increasingly from international sources—to make their public financial management more transparent and their decision-making around budgets more participatory. Surprisingly, rigorous analysis of the causes and consequences of fiscal openness is thin at best. Open Budgets seeks to fill this gap in existing knowledge by answering a set of key empirical questions: How and why do improvements in fiscal transparency and participation come about? How are they sustained over time? When and how do increased fiscal transparency and participation lead to improved government responsiveness and accountability? Theoretically, it seeks to examine the relationships between fiscal openness and democracy, development and the rule of law.

Speaker Bio:

Dr. Sanjeev Khagram is the holder of the $12million endowed John Parke Young Chair in Global Political Economy at Occidental College, and also currently a Young Global Leader of the World Economic Forum. He was previously Professor and Director of the Center for International Development at the University of Washington, Visiting Professor at Stanford's Institute of International Studies, Wyss Visiting Professor at the Harvard Business School, and Assistant and Associate Professor at Harvard's JFK School of Government.  Khagram has published widely including authoring the award winning book, "Dams and Development," co-editing the volumes "Restructuring World Politics," and, "The Transnational Studies Reader," as well as writing numerous peer reviewed articles including, "Inequality and Corruption," in the American Sociological Review and, "Future Architectures of Global Governance," in Global Governance. In the world of practice, Khagram was Deputy Secretary General of the World Commission on Dams (where he authored the widely acclaimed Final Report of the Commission), Dean of the Desmond Tutu Peace Center, and Author of the UN Secretary General's Report on the Impacts of the Global Economic Crisis in 2009.  Most recently, Dr. Khagram was the Architect/Coordinator of the mullti-stakeholder Global Initiative for Fiscal Transparency and Founder/Head of Innovations for Scaling Impact. He has worked with global networks, multi-stakeholder initiatives, international agencies, governments, corporations, civil society organizations, professional organizations and universities all over the world. Dr. Khagram received his BA, MA, PhD Minor and PhD all from Stanford University.

Abstract:

Professor Schuck's new book first identifies the endemic  ineffectiveness of much federal domestic policy as a major cause of public disaffection with Washington.  This disaffection has grown along with the size and ambition of federal programs and  now threatens the very legitimacy of our polity.  Synthesizing a vast amount of social science evidence and analysis,  he argues that this widespread policy failure has little to do with which party dominates Congress and the White house but instead reflects the systemic, structural, institutional obstacles to effective policy.  These deep obstacles to coherent policymaking include our political culture, political actors' perverse incentives, voters' collective irrationality, policymakers' poor information, the government's inherent inflexibility and lack of credibility, the effect of dynamic markets on policy coherence, the inherent limits of law as a policy instrument, a deviant implementation process, and a deteriorating bureaucracy.  Those policies that have succeeded help to explain why most policies fail. Professor Schuck proposes a variety of remedies to reduce government's failure rate.

Speaker Bio:

Peter H. Schuck is the Simeon E. Baldwin Professor of Law Emeritus at Yale University in New Haven, Connecticut.  He has held the Baldwin professorship since 1984, and also served as Deputy Dean of the Law School. Prior to joining the Yale faculty in 1979, he was Principal Deputy Assistant Secretary for Planning and Evaluation in the U.S. Department of Health, Education, and Welfare (1977-79), Director of the Washington Office of Consumers Union (1972-77), and consultant to the Center for Study of Responsive Law (1971-72).  He also practiced law in New York City (1965-68) and holds degrees from Cornell (B.A. 1962), Harvard Law School (J.D. 1965), N.Y.U. Law School (Ll.M. in International Law 1966), and Harvard University (M.A. in Government 1969). 

His major fields of teaching and research are tort law; immigration, citizenship, and refugee law; groups, diversity, and law; and administrative law. He has published hundreds of articles on these and a broad range of other public policy topics in a wide variety of scholarly and popular journals.  His newest book is Why Government Fails So Often, and How It Can Do Better (April 2014).  Earlier books include Understanding America: The Anatomy of An Exceptional Nation (2008) (co-editor with James Q. Wilson; Targeting in Social Programs: Avoiding Bad Bets, Removing Bad Apples (2006)(with Richard J. Zeckhauser); Meditations of a Militant Moderate: Cool Views on Hot Topics (2006); Immigration Stories (co-editor with David A. Martin, 2005); Foundations of Administrative Law (editor, 2d ed., 2004)  Diversity in America: Keeping Government at a Safe Distance (Harvard/Belknap, 2003); The Limits of Law: Essays on Democratic Governance (2000); Citizens, Strangers, and In-Betweens: Essays on Immigration and Citizenship (1998); and Paths to Inclusion: The Integration of Migrants in the United States and Germany (co-editor with Rainer Munz, 1998); Tort Law and the Public Interest: Competition, Innovation, and Consumer Welfare (editor, 1991); Agent Orange on Trial: Mass Toxic Disasters in the Courts (1987); Citizenship Without Consent: Illegal Aliens in the American Policy (with Rogers M. Smith, 1985); Suing Government: Citizen Remedies for Official Wrongs (1983); and The Judiciary Committees (1974). He is a contributing editor of The American Lawyer.

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Born in Paris in 1956, Christine Lagarde completed high school in Le Havre and attended Holton Arms School in Bethesda (Maryland, USA). She then graduated from law school at University Paris X, and obtained a Master’s degree from the Political Science Institute in Aix en Provence.

After being admitted as a lawyer to the Paris Bar, Christine Lagarde joined the international law firm of Baker & McKenzie as an associate, specializing in Labor, Anti-trust, and Mergers & Acquisitions. A member of the Executive Committee of the Firm in 1995, Christine Lagarde became the Chairman of the Global Executive Committee of Baker & McKenzie in 1999, and subsequently Chairman of the Global Strategic Committee in 2004.

Christine Lagarde joined the French government in June 2005 as Minister for Foreign Trade. After a brief stint as Minister for Agriculture and Fisheries, in June 2007 she became the first woman to hold the post of Finance and Economy Minister of a G-7 country. From July to December 2008, she also chaired the ECOFIN Council, which brings together Economics and Finance Ministers of the European Union.

As a member of the G-20, Christine Lagarde was involved in the Group's management of the financial crisis, helping to foster international policies related to financial supervision and regulation and to strengthen global economic governance. As Chairman of the G-20 when France took over its presidency for the year 2011, she launched a wide-ranging work agenda on the reform of the international monetary system.

In July 2011, Christine Lagarde became the eleventh Managing Director of the IMF, and the first woman to hold that position.

Christine Lagarde was named Officier in the Légion d'honneur in April 2012. A former member of the French national team for synchronized swimming, Christine Lagarde is the mother of two sons.

In celebration of the 20th anniversary of the first continuous connection between China and the internet, facilitated by researchers at Stanford and in Beijing, China 2.0 at Stanford Graduate School of Business is hosting the 2014 China 2.0 Forum in Beijing.

About the 2014 China 2.0 Forum
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Registration
Participation is by invitation only. Invitations are non-transferable. Seats are limited.

About China 2.0
China 2.0 at Stanford Graduate School of Business focuses on innovation and entrepreneurship in China by looking at the drivers and dynamics of China as a digital power and its implications for commerce, communications, and content in the global economy. China 2.0 convenes thought leaders in China and Silicon Valley, supports cutting-edge research and curriculum development by faculty, and organizes programs to educate students as next generation leaders.

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To register as media to cover this event, please contact Rachel Wu at +86 10 5907 0055 Ext. 865 or Sheenia Liu at +86 10 5907 0055 Ext. 809.

Past China 2.0 Speakers
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Charles Chao CEO & Chairman of the Board, SINA	Joe Chen Founder Renren	John Hennessy President Stanford University
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Jon Huntsman Former U.S. Ambassador to China	Victor Koo Founder Youku	Martin Lau President, Tencent
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Robin Li Co-founder Baidu	Gary Locke U.S. Ambassador to the People's Republic of China	Jack Ma Founder Alibaba Group