Economic Affairs
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Visiting Scholar at APARC, 2024-2025
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Matthew Dolbow joins the Walter H. Shorenstein Asia-Pacific Research Center (APARC) as visiting scholar from 2024 to 2026 from the U.S. Department of State. He most recently served as Consul General at the U.S. Consulate General in Naha, Japan. While at APARC, he will be conducting research on identifying opportunities to rebuild U.S.-China dialogue, and on China’s human supply chains and mapping international talent migration in response to China’s COVID and post-COVID policies and competition with the U.S.

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Visiting Scholar at APARC, 2024-2025
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Ph.D.

Xue Chen joins the Walter H. Shorenstein Asia-Pacific Research Center (APARC) as visiting scholar for the 2024-2025 academic year, through March 2025. She serves as Professor at Yunnan University in the School of Ethnology and Sociology. While at APARC, she will be conducting research on migration of population and "stuff" (such as coffee and tobacco) between southwest China and southeast Asia.

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Visiting Scholar at APARC, 2024-2025
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You Jung Lee joins the Walter H. Shorenstein Asia-Pacific Research Center (APARC) as visiting scholar for the 2024-2025 academic year. She is a journalist for the Korea Economic Daily, having spent over 10 years covering areas including international affairs and, most recently, construction and the real estate market. While at APARC, she will be conducting research examining Korea's housing and real estate market, its policies and financial structure, and comparing Korea's system to that of the U.S.

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Visiting Scholar at The Europe Center, 2024
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Piotr Jabkowski is associate professor of sociology at Adam Mickiewicz University in Poznan (Poland) and member of the European Social Survey Sampling and Weighting Expert Panel. At the Adam Mickiewicz University, he teaches statistics, advanced quantitative methods and survey methodology to undergraduate and postgraduate students. His research and publications focus on sample quality in cross-country comparative surveys, the total error paradigm and sampling theory.

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Visiting Scholar at The Europe Center, 2024
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Mariusz Baranowski, Assistant Professor of Sociology at Adam Mickiewicz University in Poznan (Poland), Faculty of Sociology, Department of Sociology of Social Stratification, and chairman of Sociological Committee within the Poznan Society of Friends of Arts and Sciences. Doctor of Economic Sociology and MA in Sociology (Adam Mickiewicz University), Philosophy (Adam Mickiewicz University) and postgraduate diploma in Human Resource Management (Economic Development Agency).

Baranowski's research work is focused on economic sociology, social inequality, welfare state and environmental issues.

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Cover of the book "Walking Out," showing a group of Asian flags, with the American flag set apart from them.

Watch: APARC Book Launch Event

October 17, 2024

About the Book

From tariff wars to torn-up trade agreements, Michael Beeman explores America's recent and dramatic turn away from support for freer, rules-based trade to instead go its own new way. Focusing on America's trade engagements in the Asia-Pacific, he contrasts the trade policy choices made by America's leaders over several generations with those of today–decisions that are now undermining the trading system America created and triggering new tensions between America and its trading partners, allies and adversaries alike.

With keen insight as a former senior U.S. trade official, Beeman argues that America's exceptionally deep political divisions are driving its policy reversals, giving rise to a new trade policy characterized by zero-sum beliefs about the kind of trade America wants with the world and about new rules for trade that it wants for itself. With enormous implications for the future of regional and global trade, this timely analysis unravels the implications of America's seismic shift in approach for the future of the rules-based trading order and America's role in it.

Walking Out is essential reading for anyone interested in the domestic and international political economy of trade, international relations, and the future of America's role in the global economy.

About the Author

Michael L. Beeman is a visiting scholar at the Walter H. Shorenstein Asia-Pacific Research Center and has taught international policy as a lecturer at Stanford University. From 2017–23, he was the Assistant U.S. Trade Representative for Japan, Korea, and APEC at the Office of the U.S. Trade Representative (USTR), where he led negotiations for the U.S.-Japan Trade Agreement and for the updated U.S.-Korea Free Trade Agreement, among other initiatives. Prior to this, he served for over a decade in other positions at USTR, including as Deputy Assistant U.S. Trade Representative for Japan. He holds a DPhil in politics (University of Oxford) and an MA in international relations (Johns Hopkins University).

"In Walking Out, Beeman discusses how the two administrations have bucked traditional U.S. trade policy in myriad ways. This shift in policy has undermined the international trading system and stoked trade tensions between the U.S., its allies and adversaries, he contends." —Jason Asenso

Read the complete article at Inside U.S. Trade's "World Trade Online" (paywall) >

In the Media


Trump Second Term May Consider Deleting KORUS FTA Government Procurement Chapter 
The Korea Herald Business, January 24, 2025 (interview)

Trump to Push for Universal Tariffs through Legislation, Not Executive Order: Ex-USTR Official
Korea Economic Daily, November 27, 2024 (interview)

On Korea-U.S. Economic Cooperation in the Era of Walking Out
Yonhap News, November 20, 2024 (featured)

Trump Administration to "Reset Relations on the Assumption of Tariffs," Former USTR Official Says
Nikkei, November 15, 2024 (interview)
English version/ Japanese version

If Trump Is Re-elected, It Will be Impossible to Avoid Re-revision of the Korea-US FTA
JoongAng, October 31, 2024 (interview)

Can Democrats Win Back Voters from Trump on Trade Policy?
The New York Times, October 30, 2024 (quoted)

Multimedia from Book-Related Talks


US-South Korea Economic Cooperation in the Era of Walking Out
Korea Economic Institute, November 19, 2024
Watch > 

Book Talk: Walking Out
Wilson Center, October 28, 2024
Watch >

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America’s New Trade Policy in the Asia-Pacific and Beyond

Authors
Michael Beeman
Book Publisher
Walter H. Shorenstein Asia-Pacific Research Center
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Many studies document low rates of financial literacy and suboptimal levels of participation in financial markets. These issues are particularly acute among women. Does this reflect a self-reinforcing trap? If so, can a nudge to participate in financial markets generate knowledge, confidence, and further increase informed participation? We conduct a large field experiment that enables and incentivizes working-age men and women—a challenging group to reach with standard financial training programs—to trade stocks for four to seven weeks. We provide no additional educational content. We find that trading significantly improves financial confidence, as reflected in stock market participation, objective and subjective measures of financial knowledge, and risk tolerance. These effects are especially strong among women. Participants also become more self-reliant and consult others less when making financial decisions.

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The Economic Journal
Authors
Saumitra Jha
Moses Shayo
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China’s economy registered an average annual growth of 9.5% from the start of reforms in 1978 until 2019. Throughout this period, economic performance was a key indicator of China’s success and served as a critical pillar of the Chinese Communist Party’s legitimacy. Over the past five years, however, China’s leadership has taken an ideological turn under Xi Jinping, and economic growth has no longer been a top priority.

To examine the myriad factors behind China’s recent economic slowdown and, more importantly, consider where China might be headed, the Stanford Center on China’s Economy and Institutions and Asia Society Policy Institute’s Center for China Analysis co-organized the fourth in their series of closed-door roundtables. Held in April 2024 and conducted under the Chatham House Rule, the roundtable brought together leading experts on the Chinese economy for a discussion focused on the following questions:

  1. What is the mix of determinants — cyclical, structural, and political — for slower economic growth in China?
  2. How much can China’s recent economic woes be attributed to Beijing’s own policy mistakes, and how much to tensions between China’s hybrid Leninist political regime and the dynamism of a market economy?
  3. What are the potential political, social, and geopolitical consequences of the slowdown?
  4. If the slowdown continues, or even worsens, could the leadership’s priorities shift? If so, what policy measures or structural reforms might reverse the slowdown and preempt some of the broader consequences?
     

In partnership with Asia Society Policy Institute's Center for China Analysis

Read More

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News

Experts Convene Roundtable to Discuss China’s Property Sector Slowdown

The Stanford Center on China’s Economy and Institutions and Asia Society Policy Institute’s Center for China Analysis co-organized a closed-door roundtable on the extent, causes, and implications of China’s current property sector slowdown and produced a summary report of the discussion.
Experts Convene Roundtable to Discuss China’s Property Sector Slowdown
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News

Experts Convene Roundtable to Discuss China’s Industrial Policy

The Stanford Center on China’s Economy and Institutions and Asia Society Policy Institute’s Center for China Analysis co-organized a closed-door roundtable on the scope, impact, and implications of China’s industrial policy and produced a summary report of the discussion.
Experts Convene Roundtable to Discuss China’s Industrial Policy
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The Stanford Center on China’s Economy and Institutions and Asia Society Policy Institute’s Center for China Analysis co-organized a closed-door roundtable on China's recent economic slowdown and produced summary report of the discussion.

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Big Data China logo

The event will be webcast live from this page.

This online event, set for July 8,  7:00-8:00 am US PT, highlights new research on a significant shift in popular sentiment in China regarding the causes of economic inequality. The Stanford Center on China’s Economy and Institutions (SCCEI) and the CSIS Trustee Chair in Chinese Business and Economics are releasing a new Big Data China feature explaining growing popular angst in China about the sources of their own economic success or setbacks, and the implications for confidence in China's economy and economic governance for policymakers in China and the rest of the world. Professors Scott Rozelle of Stanford SCCEI and Martin Whyte of Harvard University will discuss their new survey research demonstrating that the Chinese populace increasingly attribute inequality to the economic system rather than individual ability.

Trustee Chair Scott Kennedy will moderate the discussion of this research, followed by a conversation on the implications for the Chinese economy and U.S. policymakers. Panelists will include Ilaria Mazzocco (CSIS Trustee Chair), Elizabeth Perry (Harvard University), Jessica C. Teets (Middlebury College), and Qin Gao (Columbia University). 

FEATURING

Qin Gao
Director, China Center for Social Policy, Columbia University
Scott Kennedy 
Senior Adviser and Trustee Chair in Chinese Business and Economics
Ilaria Mazzocco
Senior Fellow, Trustee Chair in Chinese Business and Economics
Elizabeth Perry
Henry Rosovsky Professor of Government, Harvard University
Scott Rozelle
Co-director, Stanford Center on China's Economy and Institutions
Jessica Teets
Professor of Political Science, Middlebury College
Martin Whyte
John Zwaanstra Professor of International Studies and Sociology, Emeritus, Harvard University 
 

EVENT PARTNERS
 

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SCCEI and CSIS logos

Virtual Livestream 

Qin Gao
Scott Kennedy
Ilaria Mazzocco
Elizabeth Perry

Encina Hall East, E404
Stanford, CA 94305-6055

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Faculty Co-director of the Stanford Center on China's Economy and Institutions
Helen F. Farnsworth Endowed Professorship
Senior Fellow at the Freeman Spogli Institute for International Studies
Senior Fellow at the Stanford Institute for Economic Policy Research
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PhD

Scott Rozelle is the Helen F. Farnsworth Senior Fellow and the co-director of Stanford Center on China's Economy and Institutions in the Freeman Spogli Institute for International Studies and Stanford Institute for Economic Policy Research at Stanford University. He received his BS from the University of California, Berkeley, and his MS and PhD from Cornell University. Previously, Rozelle was a professor at the University of California, Davis and an assistant professor in Stanford’s Food Research Institute and department of economics. He currently is a member of several organizations, including the American Economics Association, the International Association for Agricultural Economists, and the Association for Asian Studies. Rozelle also serves on the editorial boards of Economic Development and Cultural Change, Agricultural Economics, the Australian Journal of Agricultural and Resource Economics, and the China Economic Review.

His research focuses almost exclusively on China and is concerned with: agricultural policy, including the supply, demand, and trade in agricultural projects; the emergence and evolution of markets and other economic institutions in the transition process and their implications for equity and efficiency; and the economics of poverty and inequality, with an emphasis on rural education, health and nutrition.

Rozelle's papers have been published in top academic journals, including Science, Nature, American Economic Review, and the Journal of Economic Literature. He is fluent in Chinese and has established a research program in which he has close working ties with several Chinese collaborators and policymakers. For the past 20 years, Rozelle has been the chair of the International Advisory Board of the Center for Chinese Agricultural Policy; a co-director of the University of California's Agricultural Issues Center; and a member of Stanford's Walter H. Shorenstein Asia-Pacific Research Center and the Center on Food Security and the Environment.

In recognition of his outstanding achievements, Rozelle has received numerous honors and awards, including the Friendship Award in 2008, the highest award given to a non-Chinese by the Premier; and the National Science and Technology Collaboration Award in 2009 for scientific achievement in collaborative research.

Faculty affiliate at the Center on Democracy, Development, and the Rule of Law
Faculty Affiliate at the Walter H. Shorenstein Asia-Pacific Research Center
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Scott Rozelle
Jessica Teets
Martin Whyte
Panel Discussions
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CDDRL Honors Student, 2024-25
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Major: Economics and Philosophy
Minor: Mathematical and Computational Science
Hometown: Baltimore, Maryland
Thesis Advisor: Colleen Honigsberg

Tentative Thesis Title: Post-NSMIA: An Analysis of SEC Regulatory Enforcement and Priorities after 1996

Future aspirations post-Stanford: I aspire to contribute to making government work better by helping craft and enforce policies that more effectively safeguard public interest. To that end, I’d like to pursue a legal education and ultimately practice within government.

A fun fact about yourself: An avid gardener, I’ve grown more than roughly 100 varieties of fruits and vegetables in my home garden, and I’m always on the lookout for more opportunities to learn gardening chops!

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