Economic Affairs

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

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Visiting Scholar at APARC, 2022-23
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Ph.D.

Professor Nirvikar Singh joined the Walter H. Shorenstein Asia-Pacific Research Center (Shorenstein APARC) as a Visiting Scholar for the 2022-2023 academic year. Singh serves as a Distinguished Professor in Economics at the University of California, Santa Cruz. While at APARC, he researched the political economic dynamics of India and the role of innovation in driving economic growth, especially in Asia.

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CDDRL Postdoctoral Fellow, 2022-2023
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Ahmed Ezzeldin Mohamed is a postdoctoral fellow at the Center for Democracy, Development, and Rule of Law (CDDRL). He holds a Ph.D. (with distinction) in Political Science from Columbia University. He was a research fellow at the Middle East Initiative at Harvard Kennedy School in the academic year (2021-2022). He is a junior fellow of the Association for Analytic Learning about Islam and Muslim Societies (AALIMS).

Mohamed’s research focuses on the role of religion in political and economic development, with a special focus on the Middle East and the Muslim World. He utilizes a diverse set of tools for data collection and rigorous analysis. His work received several awards, including APSA 2022 Weber Best Conference Paper Award and MPSA 2019 Kellogg/Notre Dame Award for Best Paper in Comparative Politics. 

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Nora Sulots
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The Center on Democracy, Development and the Rule of Law proudly congratulates its graduating class of honors students for their outstanding original research conducted under CDDRL's Fisher Family Honors Program. Among those graduating are Adrian Scheibler, who has won a Firestone Medal for his thesis on regionalism and economic crisis in Europe, and Michal Skreta, winner of the CDDRL Outstanding Thesis Award for his study of the Family 500 cash benefit program in Poland.

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Adrian Scheibler

The Firestone Medal for Excellence in Undergraduate Research recognizes Stanford's top ten percent of honors theses in social science, science, and engineering among the graduating senior class. Scheibler's thesis is entitled Challenging the State: Western European Regionalism in the Era of Financial Crisis. Using an original dataset containing 8 countries, 35 regions, and 128 regionalist parties, he finds that voters did not increase their support for regionalist parties during the crisis and may have even turned their backs on these political actors. In addition, he considers the reactions of regionalist parties in three Spanish autonomous communities, Catalonia, the Basque Country, and Galicia, to the crisis. He finds evidence of regionalist mobilization on the issue and even some indications of radicalization of regionalist demands. Taken together, he notes, these findings raise interesting implications for the impacts of the financial crisis and the interaction between economic indicators, party competition, and voting patterns.

 

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Michal Skreta

Skreta's thesis is entitled Babies, Money, and Power: Estimating Causal Effects of the “Family 500+” Child Benefit Program in Poland using the Synthetic Control Method. He proposes using the synthetic control method as a causal identification strategy to empirically estimate country-level treatment effects of the program on fertility, poverty, and inequality. Treating 500+ as a natural experiment, he compares observational data from actual Poland with a synthetic counterfactual of Poland constructed from a weighted donor pool of other European countries through a data-driven selection procedure. His findings on fertility metrics are consistent with prior studies, being ambiguous and insignificant, indicating that the main short-term objective of the program has not been achieved. Meanwhile, he finds that the program causally reduced the rate of people at risk of poverty in Poland and that the child benefit has led to a significant reduction in income inequality.

Scheibler and Skreta are part of a cohort of ten graduating CDDRL honors students who have spent the past year working in consultation with CDDRL-affiliated faculty members and attending honors research workshops to develop their theses projects. Collectively, their topics documented some of the most pressing issues impacting democracy today in the US, India, Mexico, and Spain, among others.

"We are very proud of the CDDRL honors class of 2022," shared Didi Kuo, Senior Research Scholar and Associate Director for Research at CDDRL. "These students began their thesis projects remotely and were able to conduct research on important topics while also managing their return to campus and ongoing COVID disruptions. Their diverse intellectual backgrounds and thesis subjects reflect the talents and passions of our honors students."

These students began their thesis projects remotely and were able to conduct research on important topics while also managing their return to campus and ongoing COVID disruptions. Their diverse intellectual backgrounds and thesis subjects reflect their talents and passions.
Didi Kuo
Senior Research Scholar and Associate Director for Research, CDDRL

CDDRL's Fisher Family Honors Program trains students from any academic department at Stanford to prepare them to write a policy-relevant research thesis with global impact on a subject touching on democracy, development, and the rule of law. Honors students participate in research methods workshops, attend honors college in Washington, D.C., connect to the CDDRL research community, and write their thesis in close consultation with a faculty advisor to graduate with a certificate of honors in democracy, development, and the rule of law.

A list of the 2022 graduating class of CDDRL honors students, their thesis advisors, and thesis titles can be found here.

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CDDRL Congratulates Newly Elected Phi Beta Kappa Members

Sylvie Ashford (honors class of 2021) and Carolyn Chun (honors class of 2022) are among the newest members of this prestigious academic honors society.
CDDRL Congratulates Newly Elected Phi Beta Kappa Members
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Adrian Scheibler ('22) is a recipient of the 2022 Firestone Medal and Michal Skreta ('22) has won the CDDRL Outstanding Thesis Award.

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This article examines the consequences of the opium concession system in the Dutch East Indies—a nineteenth-century institution through which the Dutch would auction the monopolistic right to sell opium in a given locality. The winners of these auctions were invariably ethnic Chinese. The poverty of Java's indigenous population combined with opium's addictive properties meant that many individuals fell into destitution. The author argues that this institution put in motion a self-reinforcing arrangement that enriched one group and embittered the other with consequences that persist to the present day. Consistent with this theory, the author finds that individuals living today in villages where the opium concession system once operated report higher levels of out-group intolerance compared to individuals in nearby unexposed counterfactual villages. These findings improve the understanding of the historical conditions that structure antagonisms between competing groups.

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This article examines the consequences of the opium concession system in the Dutch East Indies—a nineteenth-century institution through which the Dutch would auction the monopolistic right to sell opium in a given locality.

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World Politics
Authors
Nicholas Kuipers
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pp. 1–38
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Event Banner card for APARC Japan Program webinar on May 9: "The New Landscape of Economic Security and the U.S. - Japan Alliance, featuring headshot photos (from left to right) of Kazuto Suzuki, Mireya Solís, and Kiyoteru Tsutsui

May 9, 5:00 p.m - 6:30 p.m. PT / May 10, 9:00 a.m. - 10:30 a.m. JT

Economic security has emerged as a key foreign policy issue in Japan in recent years. Arguably one of the most active players in this field, the Japanese government has developed a comprehensive policy on economic security that seeks to protect its economy from the vagaries of geopolitical disruptions. Recent legislative efforts have centered around supply chain risks, critical infrastructure, and sensitive technologies and patents. Prompted by risks associated with business with China and intensified further by Russia’s invasion of Ukraine, concerns about economic security require governments and businesses to adjust their reliance on market mechanisms in international trade and compel them to formulate new policies and frameworks that would address these concerns. Featuring two leading experts on economic security and trade in Japan and the United States, this panel will discuss what those new policies might look like and what roles the US-Japan alliance should play in building resilient economic frameworks that would mitigate the economic damages of geopolitical disruptions.

Panelists
 

 

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Photo portrait of Kazuto Suzuki

Kazuto Suzuki is a Professor of Science and Technology Policy at the Graduate School of Public Policy at the University of Tokyo, Japan, and senior fellow of Asia Pacific Initiative (API), an independent policy think tank. He graduated from the Department of International Relations at Ritsumeikan University and received a Ph.D. from Sussex European Institute, University of Sussex, England. He has worked in the Fondation pour la recherche stratégique in Paris, France, as an assistant researcher, Associate Professor at the University of Tsukuba from 2000 to 2008, and served as a Professor of International Politics at Hokkaido University until 2020. He served as an expert in the Panel of Experts for the Iranian Sanction Committee under the United Nations Security Council from 2013 to July 2015. 

Suzuki currently serves as the President of the Japan Association of International Security and Trade. His research focuses on the conjunction of science & technology and international relations; subjects including space policy, non-proliferation, export control, and sanctions.  His recent work includes Space and International Politics (2011, in Japanese, awarded Suntory Prize for Social Sciences and Humanities), Policy Logics and Institutions of European Space Collaboration (2003), and many others.

 

 

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Square photo portrait of Mireya Solís

Mireya Solís is director of the Center for East Asia Policy Studies, Philip Knight Chair in Japan Studies, and a senior fellow in the Foreign Policy program at Brookings. Prior to her arrival at Brookings, Solís was a tenured associate professor at American University’s School of International Service.

Solís is an expert on Japanese foreign economic policy, U.S.-Japan relations, international trade policy, and Asia-Pacific economic integration. She is the author of "Banking on Multinationals: Public Credit and the Export of Japanese Sunset Industries" (Stanford University Press, 2004) and co-editor of "Cross-Regional Trade Agreements: Understanding Permeated Regionalism in East Asia" (Springer, 2008) and "Competitive Regionalism: FTA Diffusion in the Pacific Rim" (Palgrave Macmillan, 2009). Her most recent book, “Dilemmas of a Trading Nation: Japan and the United States in the Evolving Asia-Pacific Order” (Brookings Press, 2017), offers a novel analysis of the complex tradeoffs Japan and the United States face in drafting trade policy that reconciles the goals of economic competitiveness, social legitimacy, and political viability. “Dilemmas of a Trading Nation” received the 2018 Masayoshi Ohira Memorial Award.


Moderator
 

 

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Square photo portrait of Kiyoteru Tsutsui

Kiyoteru Tsutsui is the Henri H. and Tomoye Takahashi Professor, Professor of Sociology, Senior Fellow at the Freeman Spogli Institute for International Studies, and Deputy Director of the Walter H. Shorenstein Asia-Pacific Research Center, where he is also Director of the Japan Program. He is the author of Rights Make Might: Global Human Rights and Minority Social Movements in Japan (Oxford University Press, 2018), co-editor of Corporate Responsibility in a Globalizing World (Oxford University Press, 2016) and co-editor of The Courteous Power: Japan and Southeast Asia in the Indo-Pacific Era (University of Michigan Press, 2021). 

Kiyoteru Tsutsui
Kiyoteru Tsutsui

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Kazuto Suzuki Professor Graduate School of Public Policy, University of Tokyo
Mireya Solís Director and Senior Fellow – Center for East Asia Policy Studies, Philip Knight Chair in Japan Studies Brookings
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Academic economist and policy advisor Peter Blair Henry is to be jointly appointed to the Hoover Institution and the Freeman Spogli Institute for International Studies (FSI), both at Stanford University, effective September 2022. Henry will be named the Class of 1984 Senior Fellow at the Hoover Institution and a senior fellow at FSI.

The appointments mark Henry’s return to Stanford from the New York University (NYU) Stern School of Business, where he is the William R. Berkley Professor of Economics and Finance, and dean emeritus. The youngest person to serve as dean, he raised more funds in his tenure than any prior dean and established the NYU Breakthrough Scholars Leadership Program. 

Condoleezza Rice, director of the Hoover Institution, said: “We look forward to welcoming Peter back to Stanford. The impact of his distinguished research on the global economy, together with the integrity of his leadership, particularly in generating greater access to higher education, align with Hoover’s mission to better understand and address the challenges free societies and economies face, with the goal of improving the human condition.” 

The Hoover senior fellowship is made possible thanks to the generosity of six Stanford University class of 1984 alumni: Susan McCaw, Paul Barber, B.J. Beal, Jim Fleming, John Kleinheinz, and Tom Nelson.

I cannot believe our good fortune that we have managed to convince Peter to come back to FSI. Our students have no idea how lucky they will be to have Peter in the classroom.
Michael McFaul
FSI Director

Michael McFaul, director of the Freeman Spogli Institute, said: “I cannot believe our good fortune that we have managed to convince Peter to come back to FSI, where he was a senior fellow before leaving for NYU. His research interest fits perfectly with the mission of our Center for Democracy, Development, and Rule of Law, and our students have no idea how lucky they will be to have Peter in the classroom.” 

Henry has published groundbreaking articles in top economics journals that evaluate the impact of economic reform on asset prices, investment, wages, and economic growth. His current research on the global infrastructure challenge builds on the scholarship in his book Turnaround: Third World Lessons for First World Growth (Basic Books, 2013), which addresses economic efficiency as well as international relations, with the aim of increasing awareness of the interconnected fortunes of advanced and developing nations. 

Henry taught economics at Stanford from 1997 to 2009. He was a national fellow of the Hoover Institution from 2000 to 2001. At Stanford, his research was funded by an NSF CAREER Grant from 2001 to 2006, and in 2005 he became the first African American professor to earn tenure at the Stanford Graduate School of Business, where, from 2008 to 2010, he was the Konosuke Matsushita Professor of International Economics. Henry holds a PhD in economics (MIT, 1997), a BA in mathematics as a Rhodes Scholar (Oxford, 1993), and a BA with distinction, highest honors, and Phi Beta Kappa in economics (UNC Chapel Hill, 1991). 

A vice chair of the National Bureau of Economic Research and the Economic Club of New York, Henry received the 2021 Impactful Mentor Award from the American Economic Association for his founding and continued leadership of the PhD Excellence Initiative. A member of the President’s Commission on White House Fellowships from 2009 to 2017, he also received the Foreign Policy Association Medal in 2015, the Carnegie Foundation Great Immigrant Award in 2016, and the Council on Economic Education Visionary Award in 2018.

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Welcoming Hakeem Jefferson to CDDRL

Jefferson, an assistant professor of political science at Stanford University, will join the center as a faculty affiliate.
Welcoming Hakeem Jefferson to CDDRL
Kathryn Stoner and Leopoldo López
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Venezuelan opposition leader calls on students to fight for global freedom

Leopoldo López expressed fear about the global rise of a “network of autocracies." He encouraged Stanford students to champion democracy and freedom across the globe.
Venezuelan opposition leader calls on students to fight for global freedom
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A former senior fellow at the Center on Democracy, Development and the Rule of Law, Henry is reprising his roles at FSI and the Hoover Institution to continue his groundbreaking research on economic reforms and the global economy.

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Marketing Democracy book talk

Erin A. Snider joins ARD to discuss her recently released book, Marketing Democracy: The Political Economy of Democracy Aid in the Middle East (Cambridge University Press, 2022).

For nearly two decades, the United States devoted more than $2 billion towards democracy promotion in the Middle East with seemingly little impact. To understand the limited impact of this aid and the decision of authoritarian regimes to allow democracy programs whose ultimate aim is to challenge the power of such regimes, Marketing Democracy examines the construction and practice of democracy aid in Washington DC and in Egypt and Morocco, two of the highest recipients of US democracy aid in the region.

Drawing on extensive fieldwork, novel new data on the professional histories of democracy promoters, archival research and recently declassified government documents, Erin A. Snider focuses on the voices and practices of those engaged in democracy work over the last three decades to offer a new framework for understanding the political economy of democracy aid. Her research shows how democracy aid can work to strengthen rather than challenge authoritarian regimes. Marketing Democracy fundamentally challenges scholars to rethink how we study democracy aid and how the ideas of democracy that underlie democracy programs come to reflect the views of donors and recipient regimes rather than indigenous demand. 

ABOUT THE SPEAKER 

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Erin A. Snider
Erin A. Snider is an assistant professor at Texas A&M University’s Bush School of Government and Public Service. Her research and teaching focus on the political economy of aid, democracy, and development in the Middle East. She was a Postdoctoral Fellow at Princeton University’s Niehaus Center for Globalization and Governance, a Fulbright scholar in Egypt, a Gates Scholar at the University of Cambridge, and a Carnegie Fellow with the New America Foundation in Washington, D.C. Her first book, Marketing Democracy: The Political Economy of Democracy Aid in the Middle East was published with Cambridge University Press. Other research has been published in International Studies Quarterly, PS: Political Science and Politics, and Middle East Policy, among other outlets. She holds a PhD in politics from the University of Cambridge and an MSc in Middle East Politics from the School of Oriental and African Studies (SOAS), University of London.

This event is co-sponsored by the Abbasi Program in Islamic Studies and the Center for African Studies at Stanford University.​

Hesham Sallam

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Erin A. Snider Assistant Professor Associate Professor of Political Science and Islamic Studies Texas A&M University’s Bush School of Government and Public Service
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The fundamental reason for the extreme leverage today in China’s banks, enterprises and the state itself is found in the decentralized fiscal arrangements of highly self-reliant local governments. This problem has been compounded by the excessive stimulus lending over the past decade. As a result Beijing has promoted the creation of an extensive shadow banking system designed to protect the stability of the major state banks. Stepping back this has led to the state’s growing leverage. This presentation focuses on the impact of the shadow banking system on the state’s finances and compares the costs of China’s response to the global financial crisis with the US response.



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Portrait of Carl Walter
Carl Walter joins the Walter H. Shorenstein Asia-Pacific Research Center (Shorenstein APARC) as visiting scholar with the China Program for the 2021-2022 academic year. Prior to coming to APARC, he served as independent, non-executive Director at the China Construction Bank. He was also previously a visiting scholar with APARC during the winter and spring terms of the 2012–13 academic year after a career in banking spent largely in China. 

His research interests focus on China's financial system and its impact on financial and political organizations. During his time at Shorenstein APARC Walter will continue his book project on how fiscal reforms in China have impacted the banking system, the overall economy and the prospect for financial reform going forward. Walter has contributed articles to publications including Caijing, the Wall Street Journal and the China Quarterly. He is also the co-author of Red Capitalism: The Fragile Financial Foundations of China's Extraordinary Rise (2012) and Privatizing China: Inside China's Stock Markets (2005).

Walter lived and worked in Beijing from 1991 to 2011, first as an investment banker involved in the earliest SOE restructurings and overseas public listings, then as chief operation officer of China's first joint venture investment bank, China International Capital Corporation. Over the last ten years he was JPMorgan's China chief operating officer as well as chief executive officer of its China banking subsidiary.

Walter holds a PhD in political science from Stanford University, a certificate of advanced study from Peking University and a BA in Russian Studies from Princeton University.

 


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Chinese 100 yuan bills

This event is part of the 2022 Winter webinar series, The Future of China's Economy, sponsored by the APARC China Program.

 

Via Zoom Webinar. Register at: https://bit.ly/3rC581k

Carl Walter Visiting Scholar, Shorenstein Asia-Pacific Research Center, Stanford University
Seminars
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Black Markets and Militants: Informal Networks in the Middle East and Africa

Khalid Mustafa Medani joins ARD to discuss his recently released book, Black Markets and Militants Informal Networks in the Middle East and Africa (Cambridge University Press, 2021).

Understanding the political and socio-economic factors which give rise to youth recruitment into militant organizations is at the heart of grasping some of the most important issues that affect the contemporary Middle East and Africa. In this book, Medani explains why youth are attracted to militant organizations, examining the specific role economic globalization, in the form of outmigration and expatriate remittance inflows, plays in determining how and why militant activists emerge. The study challenges existing accounts that rely primarily on ideology to explain militant recruitment.

Based on extensive fieldwork, Medani offers an in-depth analysis of the impact of globalization, neoliberal reforms, and informal economic networks as a conduit for the rise and evolution of moderate and militant Islamist movements and as an avenue central to the often violent enterprise of state-building and state formation. In an original contribution to the study of Islamist and ethnic politics more broadly, he thereby shows the importance of understanding when and under what conditions religious rather than other forms of identity become politically salient in the context of changes in local conditions.

ABOUT THE SPEAKER 

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Khalid Medani
Dr. Khalid Mustafa Medani is currently associate professor of political science and Islamic Studies at McGill University, and he has also taught at Oberlin College and Stanford University. Dr. Medani received a B.A. in Development Studies from Brown University, an M.A. in Development Studies from the Center for Contemporary Arab Studies at Georgetown University, and a Ph.D. in Political Science from the University of California, Berkeley. His research focuses on the political economy of Islamic and Ethnic Politics in Africa and the Middle East.

Dr. Medani is the author of Black Markets and Militants: Informal Networks in the Middle East and Africa (Cambridge University Press, 2021) and he is presently completing another book manuscript on the causes and consequences of Sudan’s 2018 popular uprising and the prospects and obstacles for Democracy in that country. In addition, he has published extensively on civil conflict with a special focus on the armed conflicts in Sudan and Somalia. His work has appeared in Political Science and Politics (PS), the Journal of Democracy, the Journal of North African StudiesCurrent HistoryMiddle East ReportReview of African Political EconomyArab Studies Quarterly, and the UCLA Journal of Islamic Law.

Dr. Medani is a previous recipient of a Carnegie Scholar on Islam award from the Carnegie Corporation of New York (2007-2009) and in 2020-2021 he received a fellowship from the Woodrow Wilson International Center for Scholars to conduct research on his current book manuscript on the democratic transition in Sudan.

This event is co-sponsored by the Abbasi Program in Islamic Studies and the Center for African Studies at Stanford University.

Hesham Sallam

Online via Zoom

Khalid Mustafa Medani Associate Professor of Political Science and Islamic Studies McGill University
Lectures
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This is a virtual event. Please click here to register and generate a link to the talk. 
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Once considered incapable of innovation, China’s contribution to technological advancement has become impossible to ignore as it continues its historic rise. Now home to such tech giants as Alibaba, Tencent, and Huawei, China is competing in the global market. But what does this technological success mean in the context of China's internal and international politics, particularly its tense relationship with the United States? Will efforts to decouple help or hinder progress in tech? Can China’s educational system produce the next generation of innovators and propel them to the forefront of technology? What effects, if any, is the recent tightening on tech giants having on the sector at large? In this program, experts Denis Simon, Senior Adviser to the President for China Affairs at Duke, and Dan Wang, technology analyst for Gavekal Dragonomics, will be discussing the status and consequences of decoupling for the US and China and their technological sectors.  

 


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Portrait of Denis Simon
Denis Fred Simon is Senior Adviser to the President for China Affairs at Duke and Professor of China Business and Technology at Duke's Fuqua School of Business.  He also serves as Executive Director of the Center for Innovation Policy at Duke.  Fluent in Mandarin Chinese, Simon has more than four decades of experience studying business, competition, innovation and technology strategy in China. In 2006, he was awarded the China National Friendship Award by Premier Wen Jiabao in Beijing.  Prior to returning to Duke, Dr. Simon served as Executive Vice Chancellor at Duke Kunshan University in China (2015-2020).  Simon’s career included spells as senior adviser on China and global affairs in the Office of the President at Arizona State University; vice-provost for international affairs at the University of Oregon; and professor of international affairs at Penn State University’s School of International Affairs. He also has had extensive leadership experience in management consulting having served as General Manager of Andersen Consulting in Beijing (now Accenture) and the Founding President of Monitor Group China.

Simon is the author of several books including Corporate Strategies Towards the Pacific Rim; Techno-Security in an Age of Globalization; and China’s Emerging Technological Edge: Assessing the Role of High-End Talent.

 

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Portrait of Dan Wang
Dan Wang is the Shanghai-based technology analyst for Gavekal Dragonomics, the China economics research firm. He tracks the prospects for China's industrial policy, US regulatory measures and the activities of multinationals in China. He has given keynotes for a variety of organizations and his work is widely cited in the press. Dan previously worked in Silicon Valley and studied philosophy at the University of Rochester. Dan's essays have been published in Foreign Affairs, The Atlantic, New York Magazine, and he is a contributor to Bloomberg Opinion

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New Frontiers event series promo image

This event is part of the 2022 Winter webinar series, New Frontiers: Technology, Politics, and Society in the Asia-Pacific, sponsored by the Shorenstein Asia-Pacific Research Center.

 


 

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Chinese 100 yuan bills

This event is part of the 2022 Winter webinar series, The Future of China's Economy, sponsored by the APARC China Program.

 

Via Zoom Webinar. Register at: https://bit.ly/3IA7MdJ

Denis F. Simon Senior Adviser to the President for China Affairs, Duke University; Professor of China Business and Technology, Duke Fuqua School of Business
Dan Wang Technology Analyst, Gavekal Dragonomics
Seminars
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