Stanford University

The Great Convergence: Asia, the West, and the Logic of One World

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For years former diplomat and academic Kishore Mahbubani has closely studied the changing relationship between Asia and the United States and its consequences in works like Can Asians Think? and The New Asian Hemisphere. In The Great Convergence, his new book, he assesses East and West at a remarkable turning point in world history and reaches an incredible conclusion.

China stands poised to become the world’s largest economy as soon as 2016. Unprecedented numbers of the world’s population, driven by Asian economic growth, are being lifted out of poverty and into the middle class. And with this creation of a world-wide middle class, there is an unprecedented convergence of interests and perceptions, cultures and values: a truly global civilization.  

A full 88% of the world’s population lives outside the West and is rising to Western living standards, and sharing Western aspirations. But while the world changes, our way of managing it has not and it must evolve. The Great Convergence outlines new policies and approaches that will be necessary to govern in an increasingly interconnected and complex environment. Multilateral institutions and world-wide governing organizations must be strengthened. National interests must be balanced against global interests. The United States and Europe must share power and China, India, Africa and the Islamic world must be integrated. And the world’s increasing consumption must be balanced against environmental sustainability.

About the Speaker

From 1971 to 2004 Kishore Mahbubani served in the Singapore Foreign Ministry, where he was Permanent Secretary from 1993 to 1998, served twice as Singapore’s Ambassador to the United Nations (UN), and in January 2001 and May 2002 served as President of the UN Security Council.

Mahbubani is the author of Can Asians Think?, Beyond the Age of Innocence: Rebuilding Trust Between America and the World, and The New Asian Hemisphere: the Irresistible Shift of Global Power to the East.

Foreign Policy and Prospect magazines have listed him as one of the top 100 public intellectuals in the world, and in 2009 the Financial Times included him on their list of Top 50 individuals who would shape the debate on the future of capitalism. In 2010 and 2011 he was selected as one of Foreign Policy’s Top Global Thinkers.

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Kishore Mahbubani Dean and Professor, Public Policy, Lee Kuan Yew School of Public Policy at the National University of Singapore Speaker
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Intelligent Governance for the 21st Century: A Middle Way Between West and East

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About the speakers:

Nicolas Berggruen 

Nicolas Berggruen is the Chairman of Berggruen Holdings, a private company, which is the direct investment vehicle of The Nicolas Berggruen Charitable Trust. Through the Nicolas Berggruen Institute on Governance, an independent, nonpartisan think tank, he encourages the study and design of systems of good governance suited for the 21st century. Mr. Berggruen is a member of the Council on Foreign Relations and the Pacific Council on International Policy.

Nathan Gardels 

Nathan Gardels has been editor of New Perspectives Quarterly since it began publishing in 1985. He has served as editor of Global Viewpoint and Nobel Laureates Plus (services of LATimes Syndicate/Tribune Media) since 1989. Mr. Gardels has written widely for The Wall Street Journal, Los Angeles Times, New York Times, Washington Post, Harper's, U.S. News & World Report and the New York Review of Books. He has also written for foreign publications. Since 1986, Gardels has been a Media Fellow of the World Economic Forum (Davos), and he has been a member of the Councilof Foreign Relations, as well as the Pacific Council, for many years.

  

Abstract:

From Winston Churchill at the end of World War II to Francis Fukuyama at the end of the Cold War, liberal democracy has been extolled as the best system of governance to have emerged out of the long experience of history. Today, such a confident assertion is far from self-evident. Democracy, in crisis across the West, must prove itself.

It is time, the authors argue, to take another look at democracy as we know it not just because of the sustained success of non-Western modernity, notably in the more authoritarian Asia of Singapore or China, but because the West itself has changed.

While China must lighten up, the authors quip, the US must tighten up. As the 21st Century unfolds, both of these core systems of the global order must contend with the same reality: a genuinely multi-polar world where no single power dominates and in which societies themselves are becoming increasingly diverse.

To cope, the authors argue that both East and West can benefit by adapting each other’s best practices. The authors’ essential thesis is that a post-post Cold War world characterized by the interdependence of plural identities and the spread of information technology both requires and enables a new system of “intelligent governance” to meet its challenges. Greater complexity of diversity requires a calibration of institutions that balances the distributed, participatory power of social media with smart governing capacity at the systemic level for the common good and long-term sustainability. Getting that balance right by “devolving, involving and decision-division” will make the difference between dynamic and stalled societies. 

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Nicolas Berggruen Chairman Speaker Berggruen Holdings and Nicolas Berggruen Institute on Governance
Nathan Gardels Senior Advisor Speaker Nicolas Berggruen Institute on Governance

Francis Fukuyama

Encina Hall, C148
616 Jane Stanford Way
Stanford, CA 94305

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Olivier Nomellini Senior Fellow at the Freeman Spogli Institute for International Studies
Director of the Ford Dorsey Master's in International Policy
Research Affiliate at The Europe Center
Professor by Courtesy, Department of Political Science
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Francis Fukuyama is Olivier Nomellini Senior Fellow at Stanford University's Freeman Spogli Institute for International Studies (FSI), and a faculty member of FSI's Center on Democracy, Development, and the Rule of Law (CDDRL). He is also Director of Stanford's Ford Dorsey Master’s in International Policy Program, and a professor (by courtesy) of Political Science.

Dr. Fukuyama has written widely on issues in development and international politics. His 1992 book, The End of History and the Last Man, has appeared in over twenty foreign editions. His most recent book,  Liberalism and Its Discontents, was published in the spring of 2022.

Francis Fukuyama received his B.A. from Cornell University in classics, and his Ph.D. from Harvard in Political Science. He was a member of the Political Science Department of the RAND Corporation and of the Policy Planning Staff of the US Department of State. From 1996-2000 he was Omer L. and Nancy Hirst Professor of Public Policy at the School of Public Policy at George Mason University, and from 2001-2010 he was Bernard L. Schwartz Professor of International Political Economy at the Paul H. Nitze School of Advanced International Studies, Johns Hopkins University. He served as a member of the President’s Council on Bioethics from 2001-2004.  

Dr. Fukuyama holds honorary doctorates from Connecticut College, Doane College, Doshisha University (Japan), Kansai University (Japan), Aarhus University (Denmark), and the Pardee Rand Graduate School. He is a non-resident fellow at the Carnegie Endowment for International Peace. He is a member of the Board of Trustees of the Rand Corporation, the Board of Trustees of Freedom House, and the Board of the Volcker Alliance. He is a fellow of the National Academy for Public Administration, a member of the American Political Science Association, and of the Council on Foreign Relations. He is married to Laura Holmgren and has three children.

(October 2024)

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Francis Fukuyama Olivier Nomellini Senior Fellow at CDDRL Moderator Stanford
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Export American natural gas? Not so fast, says Stanford economist

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Max McClure
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With the advent of the "shale gas revolution," the United States has undergone a full-scale natural gas boom. Driven by fracking and horizontal drilling, the United States will likely overtake Russia as the world's largest producer of natural gas by 2015, according to the International Energy Agency.

Now, as estimates of available reserves continue to go up and prices drop to less than $3 per million BTU, talk is turning to exporting natural gas – potentially a serious moneymaker, with countries like Singapore facing per million BTU prices around $16.

As a Stanford economics professor and director of the Program on Energy and Sustainable Development at the university's Freeman Spogli Institute for International Studies, Frank Wolak understands the urge to export.

"But there's a significant risk here that I don't think people are necessarily factoring in," he said.

As he explained in a recent policy brief for the Stanford Institute for Economic Policy Research, investing in natural gas export facilities "is a bet against what U.S. firms excel in – developing and commercializing new technologies and products."

Ghost facilities

Along the coasts of Texas and Louisiana, the early 2000s saw the construction of a number of liquefied natural gas (LNG) receiving terminals, intended to meet a predicted increase in natural gas imports.

"Those facilities are now sitting vacant," Wolak said, "because the price of natural gas in the United States has fallen so much." Many are converting themselves into export facilities.

He thinks moving immediately to export runs the risk of repeating this scenario in reverse. It takes time to site, permit, construct and bring an LNG export facility online. In the meantime, American entrepreneurs will be looking to apply technologies like fracking and horizontal drilling elsewhere.

"It's hard to see why this technology can't be exported to the rest of the world," said Wolak.

If that happens, a U.S. export facility could be finished only to find a few new shale gas revolutions in other parts of the globe overturning its intended markets.

Cooking with gas

What does Wolak recommend the United States do with its embarrassment of domestic natural gas riches? Use it at home.

There is no major technological barrier to using natural gas in the transportation sector – our heaviest user of oil. Vehicles that burn compressed natural gas (CNG) are already in common use, particularly in Asia and South America.

Wolak noted that the use of compressed natural gas makes the most sense in a vehicle fleet that drives a well-defined circuit, such as urban buses or taxis. Vehicles that use the denser liquid natural gas are better suited for heavy-duty use, such as regional long-haul truckers. The compressed natural gas refueling infrastructure could expand once these routes were established.

Home filling stations for personal vehicles are another option – household compressors that work with existing home natural gas connections are, in fact, already on the market. The devices are currently priced out of the range of most consumers, but these home filling stations could become a viable option as natural gas becomes a more popular fuel choice.

Wolak also noted that natural gas is currently replacing coal in the production of electricity, a trend that is likely to continue given current conditions in the global coal market and natural gas's relative environmental benefits. Natural gas generation facilities, he pointed out, produce only a third to a half of the greenhouse gas emissions per megawatt hour as coal-fired facilities, and are now cheaper per BTU.

"All I need is heat energy," Wolak said. "Whatever source of energy is cheapest is ultimately what I'm going to use."

Max McClure is a writer for the Stanford News Service.

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Democracy and Discontent in Sri Lanka

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Abstract:

The sanguinary Sri Lankan civil war was brought to a close in May 2009. The means adopted to bring an end to this conflict have come under considerable external criticism on the grounds of the indiscriminate use of force. Regardless of how the conflict was terminated, its end should have enabled the regime in Sri Lanka to reassure the minority Tamil community that their interests would not be overlooked in its wake. Instead the country has witnessed waves of ethnic triumphalism and dissenters have faced intimidation. Unless these trends are reversed, despite the existence of the formal trappings of democracy, the future of Sri Lanka as a viable democratic state could well be in jeopardy.

Speaker Bio:

Sumit Ganguly is a professor of political science and holds the Rabindranath Tagore Chair in Indian Cultures and Civilizations at Indiana University, Bloomington. He has previously taught at James Madison College of Michigan State University, Hunter College and The Graduate Center of the City University of New York and the University of Texas at Austin. Professor Ganguly has been a Fellow at the Woodrow Wilson International Center for Scholars in Washington, DC, a Visiting Fellow at the Center for International Security and Cooperation and at the Center on Democracy, Development and the Rule of Law at Stanford University, a Guest Scholar at the Center for Cooperative Monitoring in Albuquerque and a Visiting Scholar at the German Institute for International and Area Studies in Hamburg.

He was also the holder of the Ngee Ann Chair in International Politics at the Rajaratnam School for International Studies at Nanyang Technological University in Singapore in the spring term of 2010.  Additionally, he is a Senior Fellow at the Foreign Policy Research Institute in Philadelphia. Professor Ganguly serves on the editorial boards of Asian Affairs, Asian Security, Asian Survey, Current History, the Journal of Democracy, International Security and Security Studies. A specialist on the contemporary politics of South Asia is the author, co-author, editor or co-editor of 20 books on the region.  

His most recent books are India Since 1980 (with Rahul Mukherji), published by Cambridge University Press and Asian Rivalries: Conflict, Escalation and Limitations on Two-Level Games (with William Thompson) published by Stanford University Press. He is currently at work on a new book, Deadly Impasse: India-Pakistan Relations at the Dawn of a New Century for Cambridge University Press.

His article on corruption in India was just published in the January 2012 issue of the Journal of Democracy, and he is currently writing a new book with Bill Thompson entitled The State of India (for Columbia University Press) which seeks to assess India's prospects and limitations of emerging as a great power

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Sumit Ganguly Professor, Political Science Speaker Indiana University, Bloomington
Seminars

Climbing the Summits: ASEAN, America, and the Future of Asia

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From 18 to 20 November 2012 Phnom Penh in Cambodia will be the summit capital of the world. President Obama and the heads of nearly 20 other countries will gather there for a series of high-level meetings organized by the Association of Southeast Asian Nations (ASEAN). Events will include the ASEAN Summit, the ASEAN Plus Three Summit, and the East Asia Summit (EAS). Obama will attend the EAS and the US-ASEAN Leaders Summit as well.

Here at Stanford the issues at stake in these summits will be assessed in conversation among the ambassadors to the United States from five ASEAN member countries—Indonesia, Malaysia, the Philippines, Singapore, and Viet Nam—and the president of the US-ASEAN Business Council. How will the ASEAN Community planned for 2015 affect economy, security, and democracy in Southeast Asia? What are China’s intentions in East Asia?  How should ASEAN respond to Chinese behavior? Will a Code of Conduct in the South China Sea be announced in Phnom Penh? What can we expect from Indonesia’s leadership of the Asia-Pacific Economic Cooperation (APEC) forum in 2013? Is protectionism in Southeast Asia on the rise? Has Europe’s recent experience discredited economic regionalism? Is the US-backed Trans-Pacific Strategic Economic Partnership (TPP) good or bad for Southeast Asia? Should the controversial American “rebalance” toward Asia be rebalanced? How reversible are the reforms in Myanmar (Burma)? What changes inside ASEAN will make the organization more effective? What is the single change in US policy that each ambassador would most like to see?


Bechtel Conference Center

H.E. Dino Patti Djalal Indonesian Ambassador to the US Speaker
H.E. Datuk Othman Hashim Malaysian Ambassador to the US Speaker
H.E. Jose Cuisia, Jr. Philippine Ambassador to the US Speaker
H.E. Ashok Kumar Mirpuri Singaporean Ambassador to the US Speaker
H.E. Nguyen Quoc Cuong Vietnamese Ambassador to the US Speaker
Alexander Feldman President of the US-ASEAN Business Council Speaker

Donald K. Emmerson

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Senior Fellow Emeritus at the Freeman Spogli Institute for International Studies
Affiliated Faculty, CDDRL
Affiliated Scholar, Abbasi Program in Islamic Studies
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PhD

At Stanford, in addition to his work for the Southeast Asia Program and his affiliations with CDDRL and the Abbasi Program in Islamic Studies, Donald Emmerson has taught courses on Southeast Asia in East Asian Studies, International Policy Studies, and Political Science. He is active as an analyst of current policy issues involving Asia. In 2010 the National Bureau of Asian Research and the Woodrow Wilson International Center for Scholars awarded him a two-year Research Associateship given to “top scholars from across the United States” who “have successfully bridged the gap between the academy and policy.”

Emmerson’s research interests include Southeast Asia-China-US relations, the South China Sea, and the future of ASEAN. His publications, authored or edited, span more than a dozen books and monographs and some 200 articles, chapters, and shorter pieces.  Recent writings include The Deer and the Dragon: Southeast Asia and China in the 21st Century (ed., 2020); “‘No Sole Control’ in the South China Sea,” in Asia Policy  (2019); ASEAN @ 50, Southeast Asia @ Risk: What Should Be Done? (ed., 2018); “Singapore and Goliath?,” in Journal of Democracy (2018); “Mapping ASEAN’s Futures,” in Contemporary Southeast Asia (2017); and “ASEAN Between China and America: Is It Time to Try Horsing the Cow?,” in Trans-Regional and –National Studies of Southeast Asia (2017).

Earlier work includes “Sunnylands or Rancho Mirage? ASEAN and the South China Sea,” in YaleGlobal (2016); “The Spectrum of Comparisons: A Discussion,” in Pacific Affairs (2014); “Facts, Minds, and Formats: Scholarship and Political Change in Indonesia” in Indonesian Studies: The State of the Field (2013); “Is Indonesia Rising? It Depends” in Indonesia Rising (2012); “Southeast Asia: Minding the Gap between Democracy and Governance,” in Journal of Democracy (April 2012); “The Problem and Promise of Focality in World Affairs,” in Strategic Review (August 2011); An American Place at an Asian Table? Regionalism and Its Reasons (2011); Asian Regionalism and US Policy: The Case for Creative Adaptation (2010); “The Useful Diversity of ‘Islamism’” and “Islamism: Pros, Cons, and Contexts” in Islamism: Conflicting Perspectives on Political Islam (2009); “Crisis and Consensus: America and ASEAN in a New Global Context” in Refreshing U.S.-Thai Relations (2009); and Hard Choices: Security, Democracy, and Regionalism in Southeast Asia (edited, 2008).

Prior to moving to Stanford in 1999, Emmerson was a professor of political science at the University of Wisconsin-Madison, where he won a campus-wide teaching award. That same year he helped monitor voting in Indonesia and East Timor for the National Democratic Institute and the Carter Center. In the course of his career, he has taken part in numerous policy-related working groups focused on topics related to Southeast Asia; has testified before House and Senate committees on Asian affairs; and been a regular at gatherings such as the Asia Pacific Roundtable (Kuala Lumpur), the Bali Democracy Forum (Nusa Dua), and the Shangri-La Dialogue (Singapore). Places where he has held various visiting fellowships, including the Institute for Advanced Study and the Woodrow Wilson International Center for Scholars. 



Emmerson has a Ph.D. in political science from Yale and a BA in international affairs from Princeton. He is fluent in Indonesian, was fluent in French, and has lectured and written in both languages. He has lesser competence in Dutch, Javanese, and Russian. A former slam poet in English, he enjoys the spoken word and reads occasionally under a nom de plume with the Not Yet Dead Poets Society in Redwood City, CA. He and his wife Carolyn met in high school in Lebanon. They have two children. He was born in Tokyo, the son of U.S. Foreign Service Officer John K. Emmerson, who wrote the Japanese Thread among other books.

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Donald K. Emmerson Director, Southeast Asia Forum, Shorenstein Asia-Pacific Research Center Moderator Stanford University
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China 2.0: Fostering Innovation Beyond Boundaries

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The third annual China 2.0 conference at Stanford University will bring together thought leaders from China and the US to discuss the driving forces and global implications of the rapid growth of China’s internet industry.

Already home to two of the world’s top five internet firms by market capitalization, China is a launchpad for both innovative start-ups and global powerhouses. These firms are increasingly shaping the global digital economy.

Comprising 1 billion mobile subscribers, over half a billion internet users, and a high rate of smartphone adoption, China’s internet is now so pervasive that in sectors from communication and commerce to media and entertainment, it is a key driver of investment and innovation.

While state-owned players dominated China's offline world, entrepreneurs are in the driving seat online, fueled by an increasingly deep reserve of venture capital and private equity.

The combination of ideas, entrepreneurs and capital is helping blur the lines between online and offline sectors, and the boundaries between industry sectors in China.

Confirmed Keynote Speakers

Robin Li

Co-founder, Chairman and Chief Executive Officer, Baidu

Jon Huntsman, Jr.

Jon M. Huntsman, Jr.

Former US Ambassador to China and Governor of Utah
Li has led Baidu to become China’s largest search engine, with over 80% market share and a market capitalization of $40 billion. A pioneer and leader of China’s internet industry, he was named by Time magazine in 2010 as one of the “World’s Most Influential People” and in 2012 he topped Forbes China’s list of best CEOs.

Huntsman served as US Ambassador to China through April 2011 when he stepped down to run for the 2012 Republican nomination for President.  Twice elected as Governor of Utah, he also has served as Deputy Secretary of Commerce for Asia, US Ambassador to Singapore, and Deputy US Trade Representative. 

 

Other featured speakers will include internet industry pioneers and leading executives, investors and entrepreneurs from both sides of the Pacific.  Stanford faculty, researchers, students and alumni from the business and engineering schools will also actively participate.

Conference sessions will focus on key issues, such as:

  • How are China's internet players expanding into new markets both at home and overseas?
  • How are Silicon Valley firms shaping their global strategies for China, to tap opportunities there both as a market and a source of ideas and talent?
  • How are new partnerships among US and China companies fostering new engines for innovation?
  • What are the latest trends in China’s domestic and foreign venture capital and private equity investment landscape? Which sectors are over-funded and in which sectors will the next wave of entrepreneur-led market disruption emerge?
  • With the challenges facing firms such as Facebook, Zynga and Groupon in the US, are China's immune from a downturn due to differences in business models?
  • What innovations from hot sectors, such as mobile gaming, are on the horizon?

More information on the conference agenda, directions to the conference venue, parking information and media/press, please visit the conference website.

Any questions? Please email sprie-stanford@stanford.edu.

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Stanford Graduate School of Business
Stanford University

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3rd Annual China 2.0 Conference at Stanford to feature Robin Li (founder of Baidu), and Jon Huntsman (former US Ambassador to China)

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Yan Mei
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China 2.0 2012 Conference to focus on internet innovation and investment landscape

The Stanford Program on Regions of Innovation and Entrepreneurship (SPRIE) is pleased to announce its third annual China 2.0 conference, set to take place on September 28, 2012 at Knight Management Center of the Stanford Graduate School of Business.

Focused on the theme of “Fostering Innovation Beyond Boundaries”, the event will bring together thought leaders from China and the US to discuss the driving forces of the rapid growth of China’s internet industry and its global implications in communications, commerce and content.   Already home to two of the world’s top five internet firms by market capitalization, China is a launchpad for both innovative start-ups and global powerhouses. These firms are increasingly shaping the global digital economy.

2012 Keynote Speakers

Robin Li


Co-founder, Chairman and Chief Executive Officer, Baidu

Jon Huntsman, Jr.

Jon M. Huntsman, Jr.

Former US Ambassador to China and Governor of Utah
Li has led Baidu to become China’s largest search engine, with over 80% market share and a market capitalization of $40 billion. A pioneer and leader of China’s internet industry, he was named by Time magazine in 2010 as one of the “World’s Most Influential People” and in 2012 he topped Forbes China’s list of best CEOs.

Huntsman served as US Ambassador to China through April 2011 when he stepped down to run for the 2012 Republican nomination for President.  Twice elected as Governor of Utah, he also has served as Deputy Secretary of Commerce for Asia, US Ambassador to Singapore, and Deputy US Trade Representative. 


Other featured speakers will be internet industry pioneers and leading executives, investors and entrepreneurs from both sides of the Pacific.  Stanford faculty, researchers, students and alumni from the business and engineering schools will also actively participate.  By convening at Stanford long-time experts and next generation leaders from business, policy, and academia, the conference offers a unique opportunity to hear insights and interact with those who are driving the rise of China 2.0 and digital innovation in the US and China.

Planned panels will focus on key issues such as:

  • How are China's internet players expanding into new markets both at home and overseas?
  • How are Silicon Valley firms shaping their global strategies for China, to tap opportunities there both as a market and a source of ideas and talent?
  • How are new partnerships among US and China companies fostering new engines for innovation?
  • What are the latest trends in China’s domestic and foreign venture capital and private equity investment landscape? Which sectors are over-funded and in which sectors will the next wave of entrepreneur-led market disruption emerge?
  • With the challenges facing firms such as Facebook, Zynga and Groupon in the US, are China's immune from a downturn due to differences in business models?
  • What innovations from hot sectors, such as mobile gaming, are on the horizon?

China 2.0 is a research and education initiative of the Stanford Program on Regions of Innovation and Entrepreneurship (SPRIE) at the Stanford Graduate School of Business. China 2.0 focuses on the drivers, dynamics and global implications of the rise of China’s internet industry. The mission is to contribute to world-class education based on groundbreaking research and best practices, facilitating stronger links between internet industry pioneers, venture investors, academics and students on both sides of the Pacific.

Last year’s China 2.0 conference attendance reached a full capacity of 600 at the Stanford Graduate School of Business.   The event attracted international broadcast, print and online media coverage, including from All Things Digital, Bloomberg West, NBC, Reuters, Wall Street Journal, Financial Times, Sina.com, San Jose Mercury News, and others. 

To register for the China 2.0 2012 conference at the Stanford Graduate School of Business, please visit our Event Registration page.

For information on how to join the circle of support for the China 2.0 research and education initiative at the Stanford Program on Regions of Innovation and Entrepreneurship (SPRIE) at the Stanford Graduate School of Business, please contact Yan Mei at mei_yan@gsb.stanford.edu or 650.725.1885.

For media inquiries about the China 2.0 conference on September 28th, 2012, please contact Barbara Buell at buell_barbara@gsb.stanford.edu or 650 723-1771.

The Stanford Program on Regions of Innovation and Entrepreneurship (SPRIE) at the Stanford Graduate School of Business is dedicated to improving the understanding and practice of innovation and entrepreneurship in the global economy. Through international and interdisciplinary research, publications, education, conferences and a platform for global thought leadership, SPRIE impacts the arenas of academia, policy and business.  

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