Economic Affairs
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Boris Begovic is president at the Center for Liberal-Democratic studies (CLDS) and professor of economics at the School of Law, University of Belgrade. He received his education at the University in Belgrade, London School of Economic and JFK School of Government, Harvard University. His field of expertise includes industrial organization, economic analysis of law, economic growth, economics of competition policy, and urban economics. Begovic was a chief economic adviser of the Federal Government of Yugoslavia (Serbia & Montenegro) 2000-2002, mainly involved in negotiations with IFIs, WTO accession and foreign trade liberalization, price liberalization and foreign debt rescheduling. Recent publications include: Corruption: An Economic Analysis (2007), Greenfield FDIs in Serbia (2008), Economics for Lawyers (2008) and From Poverty to Prosperity: Free Market Based Solutions (2008).

As democracy is based on one person - one vote rule and freedom of expression and it can bring a strong political pressure for compulsory redistribution, contrary to authoritarian political environment. Is there a systematic difference in redistributive and other economic policies between democracies and other countries? What are the effects of incentives created by democratic political decisions to the most productive segments to the society and economic growth they create? To what extent compulsory redistribution is violating protection of property rights and undermining sustainable economic growth? Do we have a consistent theory that can explain these relations? Is there any consistent empirical evidence? Are the consequences of democracy to the economic growth the same if the country came from the left wing or right wing authoritarian societies. These issues will be reviewed on the seminar.  

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Boris Begovic President, at the Center for Liberal-Democratic Studies (CLDS) & Professor of Economics Speaker the School of Law, University of Belgrade
Seminars
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Fariz Ismailzade, Azerbaijan, is director of the Advanced Foreign Service Program at the Azerbaijan Diplomatic Academy (ADA) within the Ministry of Foreign Affairs. Prior to joining ADA, Fariz worked for 10 years in the NGO sector of Azerbaijan, most recently as director of political programs at the International Republican Institute. Fariz has also conducted research at the Center for Strategic and International Studies in Washington, D.C.  His research mainly focuses on the geopolitics of the Caucasus region and CIS affairs. Fariz is a regular correspondent for Eurasianet.org, Transitions on Line, Jamestown Daily Monitor and Central Asia-Caucasus Analyst and has written on the politics and economics of Azerbaijan and the Caucasus region for Institute for War and Peace Report, East-West Institute, Analysis of Current Events, Freedom House, CaucasUS Context, Azerbaijan International and Collage. Fariz has also presented at international conferences, including the Middle Eastern Studies Association, NATO Advanced Research Workshop in Kiev, Ukraine, and the Association for Studies of Nationalities in New York.  Since 2006, he has been a recipient of the International Policy Fellowship Research Award.  Fariz earned his BA in political science from Western University in Baku and holds a Masters in social and economic development from Washington University in St. Louis.
 
Elin Suleymanov, Azerbaijan, is Azerbaijan’s first Consul General to Los Angeles, California with personal rank of Envoy Extraordinary and Plenipotentiary. Prior to that he served as Senior Counselor at the Foreign Relations Department, Office of the President in Baku, Azerbaijan and as Press Officer of the Azerbaijani Embassy in Washington, DC. Before joining diplomatic service, Mr. Suleymanov worked with United Nations High Commissioner for Refugees in Azerbaijan and with the Open Media Research Institute in Prague, Czech Republic. A graduate of the Fletcher School of Law and Diplomacy in Medford, Massachusetts, Mr. Suleymanov also holds graduate degrees from the Political Geography department of the Moscow State University, Russia, and from the University of Toledo, Ohio. Mr. Suleymanov speaks Azerbaijani, English, Russian and Czech languages.

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Fariz Ismailzade Director of the Diplomatic Academy Speaker Azerbaijan
Elin Suleymanov Consul General Speaker Azerbaijan to the U.S., and Los Angeles
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Globalization creates lucrative opportunities for traffickers of drugs, dirty money, blood diamonds, weapons, and other contraband. Effective countermeasures require international collaboration, but what if some countries suffer while others profit from illicit trade? Only international institutions with strong compliance mechanisms can ensure that profiteers will not dodge their law enforcement responsibilities. However, the effectiveness of these institutions may also depend on their ability flexibly to adjust to fast-changing environments.

Combining international legal theory and transaction cost economics, this book develops a novel, comprehensive framework which reveals the factors that determine the optimal balance between institutional credibility and flexibility. The author tests this rational design
paradigm on four recent anti-trafficking efforts: narcotics, money laundering, conflict diamond, and small arms. She sheds light on the reasons why policymakers sometimes adopt suboptimal design solutions and unearths a nascent trend towards innovative forms of international cooperation which transcend the limitations of national sovereignty.

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Peter B. Henry, the Matsushita Professor of International Economics at Stanford's Graduate School of Business and an affiliated faculty member with the Freeman Spogli Institute’s Center on Democracy, Development, and the Rule of Law (CDDRL), has been appointed by President Obama to the President’s Commission on White House Fellowships, the White House has announced. This distinguished and diverse group of 28 accomplished Americans is responsible for recommending an exceptional group of men and women to the President for selection as White House Fellows, America’s most prestigious program for leadership and public service.

“The men and women of this commission embody what makes the White House Fellows program so special,” said President Obama in making the June 17 announcement. “These leaders are diverse, non-partisan, and committed to mentoring our next generation of public servants. I am confident that they will select a class of White House Fellows that demonstrate extraordinary leadership, strong character, and a deep commitment to serving their country.”

“Peter Henry is a superb scholar, teacher, leader, and mentor,” said CDDRL Director and FSI and Hoover Institution Senior Fellow Larry Diamond. “This recognition is richly deserved and will give Peter a national venue to continue developing a new generation of leaders, scholars, and policy practitioners.”

Alumni of the White House Fellows Program include former Secretary of State Colin Powell, retired U.S. Army General Wesley Clark, and author Doris Kearns Goodwin.

Henry is also the John and Cynthia Fry Gunn Faculty Scholar and Associate Director of the Center for Global Business and the Economy at Stanford’s business school.  He is a Senior Fellow at the Stanford Institute for Economic Policy Research (SIEPR), a Research Associate at the National Bureau of Economic Research, a Nonresident Senior Fellow of the Brookings Institution in Washington, D.C., and a member of the Council on Foreign Relations.

Among the numerous awards and honors Henry has received are a National Science Foundation Early CAREER Development Award, a National Science Foundation Minority Graduate Fellowship, a Ford Foundation Graduate Fellowship, and the National Economic Association Dissertation Prize.  He has published several articles in journals and books, including “Capital Account Liberalization, the Cost of Capital, and Economic Growth” in the American Economic Review and “Perspective Paper on Financial Instability” in Bjorn Lomborg’s Global Crises, Global Solutions.

Dr. Henry received his BA in Economics at the University of North Carolina at Chapel Hill, and was later a Rhodes Scholar at Oxford University, where he earned a BA in Mathematics.  He received his PhD in Economics from the Massachusetts Institution of Technology.

Professor Henry is also part of the distinguished Stanford faculty group that teaches in the Draper Hills Summer Fellows on Democracy and Development Program each summer at Stanford.  From some 800 applicants, this program selects 25 to 30 rising leaders from important countries in transition – such as Russia, Iran, Iraq, Pakistan, Afghanistan, Nigeria, and Zimbabwe—and brings them to Stanford to examine and help foster linkages among democracy, development, human rights, and the rule of law in their countries.  Other Stanford faculty teaching the Draper Hills Summer Fellows include Stanford President Emeritus Gerhard Casper, FSI Deputy Director Stephen Krasner, CDDRL Director Larry Diamond and Deputy Director Kathryn Stoner-Weiss, FSI Senior Fellow Helen Stacy, Avner Greif from economics, and Erik Jensen from Stanford Law School.

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This distinguished and diverse group of 28 accomplished Americans is responsible for recommending an exceptional group of men and women to the President for selection as White House Fellows, America’s most prestigious program for leadership and public service.

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Civil war is very common in the developing world, with harmful welfare effects when it occurs. Many fear that the devastation wrought by violent conflict destroys social capital, impedes economic development, and leads to the recurrence of violence (Paul Collier et al. 2003).

In response, donors are injecting large amounts of aid into post-conflict countries. A significant share of this assistance is spent on "community driven reconstruction" (CDR) programs, which support the establishment of new local institutions in order to promote social reconciliation. Whether this assistance has this effect is, however, largely unknown. Can brief, foreign-funded efforts to build local institutions in fact have positive effects on local patterns of cooperation? We address this question using a randomized field experiment to evaluate the impact of a CDR project in northern Liberia. The project was funded by the United Kingdom's Department for International Development (DFID) and implemented by the International Rescue Committee (IRC).

Findings suggest that post-conflict development aid can have a measureable impact on social cohesion. In future work, we hope to use the survey data to uncover the mechanisms that account for this main finding.

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American Economic Review
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James D. Fearon
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Joshua Cohen's Program on Global Justice (PGJ), which explores issues at the intersection of political norms and global political-economic realities, has joined CDDRL Center Director Larry Diamond has announced.  Cohen, a professor of political science, philosophy, and law, came to Stanford from the Massachusetts Institute of Technology (M.I.T.) in 2006 to launch a new program on global justice at FSI.

The aim of his program, Cohen said, "is to build dialogue and research that integrates political values - toleration, fairness, and the common good - into discussions about human rights, global governance, and access to such basic goods as food and clean water."  "These issues of global politics are all ethically consequential," Cohen points out, "and addressing them well requires a mix of philosophical thought with the best current social-scientific research."

CDDRL Director Diamond and Associate Director for research Kathryn Stoner joined in saying "We are delighted to welcome Josh Cohen to our team.  His path-breaking work bridges the normative, empirical, and policy dimensions of our Center's ongoing concerns for democracy, equitable economic development, and the rule of law."

Under Cohen, the Global Justice Program's largest effort has focused on the Just Supply Chains project. As globalization of production creates a need for new models of fair treatment for workers in global supply chains, fresh thinking is also needed on the role of unions, the rights of workers to associate, and the role of trade agreement in promoting just working conditions.

Cohen, Diamond, and Terry Winograd, Stanford professor of computer science, have also initiated a the new Program on Liberation Technology which brings together Stanford colleagues from computer science and applied technology with social scientists to explore ways that new information technologies can improve economic, political, and social conditions in low income countries, and materially improve human lives. As Cohen and Diamond note, Liberation Technology "seeks to understand how information technology can be used to defend human rights, improve governance, empower the poor, promote economic development, and pursue of variety of other social goods."  

A prolific author, Cohen has written extensively on issues of democratic theory, especially the theory of deliberative democracy, and implications of that idea for personal liberty. He is the author with Joel Rogers of On Democracy (1983), Rules of the Game (1986), and Associations and Democracy (1995). A volume of his selected papers, Philosophy, Politics, Democracy is forthcoming from Harvard University Press, and his Rousseau: A Free Community of Equals, is forthcoming from Oxford University press.  

Cohen is also the editor of Boston Review, a bi-monthly magazine of political, cultural, and literary ideas, and has edited 18 books that grew out of forums that appeared in the Review. He moderated the Global Poverty and Development Course offered by Google.org in 2007 for google.com employees. The ten week-course addressed issues ranging from growth and globalization to education and urbanization, and can still be watched on YouTube.

Diamond, Stoner-Weiss, and Cohen are part of the distinguished Stanford faculty group who lead the Just Supply Chains each summer.  This highly competitive program each year selects from 600-800 applicants some 30 rising leaders from major transitioning countries such as Russia, Iran, Iraq, Pakistan, Afghanistan, Nigeria, Kenya, and Zimbabwe and brings them to Stanford to examine and foster linkages among democracy, sustainable economic development, and good governance. As Diamond and Cohen point out, in today's challenging environment, putting new information technologies to socially, politically, and economic constructive uses is a powerful tool and of growing interest to many of these rising leaders from transitioning countries.   

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Stephen D. Krasner, the Graham H. Stuart Professor of International Relations, and senior fellow at the Freeman Spogli Institute for International Studies (FSI) and the Hoover Institution, has been named deputy director of FSI, announced FSI Director Coit D. Blacker, the Olivier Nomellini Professor in International Studies. Larry Diamond, a senior fellow at FSI and the Hoover Institution, and professor, by courtesy, of political science and sociology, has been named director of FSI's Center on Democracy, Development, and the Rule of Law (CDDRL).

Krasner succeeds political science Professor Michael McFaul, former deputy director of FSI and CDDRL director, who has joined the Obama administration as special assistant to the president for National Security Affairs and senior director for Russian and Eurasian Affairs at the National Security Council.  Diamond will direct CDDRL while McFaul is on leave.

"We are delighted that Steve Krasner and Larry Diamond are assuming these leadership roles at this dynamic time in FSI's growth and development," said Blacker. "Steve and Larry's exemplary scholarship, research, and teaching, and their passionate commitment to the expansion of democracy and good governance, are a wellspring of inspiration to Stanford faculty and students, and to current and aspiring leaders the world over."

Krasner served as deputy director of FSI and CDDRL director from January 2003 to January of 2005. He then served as director of policy planning at the U.S. Department of State from February 2005 through April of 2007. In that role, Krasner was the driving force behind foreign assistance reform designed to more effectively target American foreign aid. He was also involved in activities related to the promotion of good governance and democratic institutions around the world.

Among extensive publications, Krasner is the author of Defending the National Interest: Raw Materials Investment and American Foreign Policy (1978), Structural Conflict: The Third World Against Global Liberalism (1985), and Sovereignty: Organized Hypocrisy (1999). Publications he has edited include Problematic Sovereignty: Contested Rules and Political Possibilities (2001). He taught at Harvard and UCLA before coming to Stanford in 1981.

Krasner received a BA in history from Cornell University, an MA in international affairs from Columbia University, and a PhD in political science from Harvard. He is a fellow of the American Academy of Arts and Sciences and a member of the Council on Foreign Relations.
Diamond is the founding coeditor of the Journal of Democracy, the co-director of the International Forum for Democratic Studies of the National Endowment for Democracy, and has been coordinating CDDRL's democracy program. His newest book, The Spirit of Democracy: The Struggle to Build Free Societies Throughout the World (Times Books, 2008), explores the sources of democratic progress and stress and the prospects for future democratic expansion.

Diamond's other published works include Squandered Victory: The American Occupation and the Bungled Effort to Bring Democracy to Iraq (Times Books, 2005), Developing Democracy: Toward Consolidation (1999), Promoting Democracy in the 1990s (1995), and Class, Ethnicity, and Democracy in Nigeria (1998).

In May 2007, Diamond was named "Teacher of the Year" by the Associated Students of Stanford University for teaching "that transcends political and ideological barriers." At Stanford Commencement ceremonies in June 2007, he was honored with the Dinkelspiel Award for Distinctive Contributions to Undergraduate Education and cited, inter alia, for "the example he sets as a scholar and public intellectual, sharing his passion for democratization, peaceful transitions, and the idea that each of us can contribute to making the world a better place."

Diamond received a BA, MA and PhD from Stanford, all in sociology.

Krasner and Diamond are part of the distinguished Stanford faculty group who lead the Draper Hills Summer Fellows on Democracy and Development Program each summer, which brings to Stanford some 30 rising leaders from major transitioning countries such as Russia, Iran, Iraq, Pakistan, Afghanistan, Nigeria, and Kenya to examine and foster linkages among democracy, sustainable economic development, and good governance.

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Iqbal Z. Quadir is the founder and director of the Legatum Center for Development and Entrepreneurship at the Massachusetts Institute of Technology (MIT), which promotes bottom-up entrepreneurship in developing countries. In the 1990s, Quadir founded GrameenPhone, which provides effective telephone access throughout Bangladesh.

Quadir is an accomplished entrepreneur who writes about the critical roles of entrepreneurship and innovations in improving the economic and political conditions in low-income countries. Quadir is often credited as having been the earliest observer of the potential for mobile phones to transform low-income countries. His work has been recognized by leaders and organizations worldwide, as a new and successful approach to sustainable poverty alleviation.

For four years, Quadir taught at the John F. Kennedy School of Government at Harvard University, focusing on the impact of technologies in the politics and economics of developing countries. In 2005, he moved to MIT. His particular research interest is in the democratizing effects of technologies in developing countries.

Earlier in his career, Quadir served as a vice president of Atrium Capital Corp., an associate of Security Pacific Merchant Bank, both in New York, and a consultant to the World Bank in Washington DC. He received an MBA and an MA from the Wharton School, University of Pennsylvania, and a BS with honors from Swarthmore College.

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Iqbal Quadir Founder and Director of the Legatum Center for Development and Entrepreneurship Speaker MIT
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Nathan Nunn is an Assistant Professor of Economics at Harvard University. Professor Nunn was born in Canada, where he received his PhD from the University of Toronto in 2005. Professor Nunn’s primary research interests are in international trade, economic development, and economic history. He is an Associate editor of the Journal of International Economics and an NBER Faculty Research Fellow.

One stream of Nunn’s research focuses on the relationship between historic events and current economic performance within Africa. In “Historical Legacies: A Model Linking Africa’s Past to its Current Underdevelopment”, published in the Journal of Development Economics in 2007, Nunn develops a game-theoretic model showing how the slave trade and colonial rule could have had permanent long-term effects on economic performance. In “The Long-Term Effects of Africa’s Slave Trades” (Quarterly Journal of Economics, 2008), Nunn documents the long-term adverse economic effects of Africa’s slave trades.

A second stream of Professor Nunn’s research focuses on the importance of hold-up and incomplete contracting in international trade. He has published research showing that a country’s ability to enforce written contracts is a key determinant of comparative advantage (“Relationship-Specificity, Incomplete Contracts and the Pattern of Trade”, Quarterly Journal of Economics, 2007).

Summary of talk:

In his presentation "The Slave Trade and the Origins of Mistrust in Africa", Nathan Nunn offers an empirical investigation into the relationship between Africa's Slave Trade (1400 to 1900) and its culture of mistrust today. The project is an individual-level analysis of whether members of heavily enslaved ethnic groups in Africa display lower levels of trust today. The underlying argument posits that the slave trade created a culture of "enslave or be enslaved", where a non-trivial proportion of slaves were actually tricked and sold off into slavery by their own friends or family members. These conditions left a legacy of mistrust that has persisted to this day.

The empirical analysis relies on estimates of slave flows and records of slaves' ethnic membership. It also relies on 2003 Afrobarometer survey data to measure individual attitudes of trust toward neighbors, family members, local councilmen and co-ethnics in 17 sub-Saharan African countries. The results indicate a negative effect of Africa's slave trade on individual levels of trust: ethnic groups most affected by the slave trade are most likely to be distrusting today. The results further show that this occurs not through the effect the slave trade had on the locality in which the individual currently resides, but rather through the effect the slave trade had on that individual's ethnic ancestors.

» Paper: "The Slave Trade and the Origins of Mistrust in Africa" (pdf)

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Nathan Nunn Assistant Professor of Economics Speaker Harvard University
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Scott Rozelle is the Helen F. Farnsworth Senior Fellow in the Freeman Spogli Institute for International Studies. Dr. Rozelle received his BS from the University of California, Berkeley; and his MS and PhD from Cornell University. Before arriving at Stanford, Rozelle was a professor at the University of California, Davis (1998-2000) and an assistant professor in the Food Research Institute and Department of Economics at Stanford University (1990-98). Currently, he is a member of the American Economics Association, the American Agricultural Economics Association, the International Association for Agricultural Economists, the Asian Studies Association, and the Association of Comparative Economics. He also serves on the editorial board of Economic Development and Cultural Change, Agricultural Economics, Contemporary Economic Policy, China Journal, and the China Economic Review.

Dr. Rozelle's research focuses almost exclusively on China and is concerned with three general themes: a) agricultural policy, including the supply, demand, and trade in agricultural projects; b) the emergence and evolution of markets and other economic institutions in the transition process and their implications for equity and efficiency; and c) the economics of poverty and inequality.

In the past several years, Dr. 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. He is the chair of the International Advisory Board of the Center for Chinese Agricultural Policy; a co-director of the Agricultural Issues Center (University of California); and a member of Stanford's new Food, Security, and the Environment Program.

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Scott Rozelle Helen F. Farnsworth Senior Fellow Speaker Stanford University
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