Stanford University

Economic Affairs

The Governance Agenda in International Development

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Francis Fukuyama is Bernard L. Schwartz Professor of International Political Economy at the Paul H. Nitze School of Advanced International Studies (SAIS) of Johns Hopkins University, and the director of SAIS' International Development program. He is also chairman of the editorial board of a new magazine, The American Interest.

Dr. Fukuyama has written widely on issues relating to questions concerning political and economic development. His book, The End of History and the Last Man, was published by Free Press in 1992 and has appeared in over twenty foreign editions. It made the bestseller lists in the United States, France, Japan, and Chile, and has been awarded the Los Angeles Times' Book Critics Award in the Current Interest category, as well as the Premio Capri for the Italian edition. He is also the author of Trust: The Social Virtues and the Creation of Prosperity (1995), The Great Disruption: Human Nature and the Reconstitution of Social Order (1999), Our Posthuman Future: Consequences of the Biotechnology Revolution (2002, and State-Building: Governance and World Order in the 21st Century, (2004). His most recent book America at the Crossroads: Democracy, Power, and the Neoconservative Legacy was published by Yale University Press in March 2006.

Francis Fukuyama was born on October 27, 1952, in Chicago. He 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 from 1979-1980, then again from 1983-89, and from 1995-96. In 1981-82 and in 1989 he was a member of the Policy Planning Staff of the US Department of State, the first time as a regular member specializing in Middle East affairs, and then as Deputy Director for European political-military affairs. In 1981-82 he was also a member of the US delegation to the Egyptian-Israeli talks on Palestinian autonomy. From 1996-2000 he was Omer L. and Nancy Hirst Professor of Public Policy at the School of Public Policy at George Mason University.

Dr. Fukuyama was a member of the President's Council on Bioethics from 2001-2005. He holds an honorary doctorate from Connecticut College and Doane College, and is a member of advisory boards for the National Endowment for Democracy (NED), the Journal of Democracy, and The New America Foundation, and FINCA. As an NED board member, he is responsible for oversight of the Endowment's Middle East programs. He is married to Laura Holmgren and has three children.

Oksenberg Conference Room

Francis Fukuyama Olivier Nomellini Senior Fellow, FSI; CDDRL Affiliated Faculty and Speaker Stanford University
Seminars

Property Law, Rule of Law, and Beyond - What Matters to Foreign Investors in China? And What Not?

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Weitseng Chen, a Fulbright scholar, will receive his JSD from Yale Law School in October 2007. His recent research focuses on China's foreign direct investment and property rights transition, the economic behaviors of ethnic foreign investors in China, and a China-Taiwan comparison on their rule of law transition. Prior to his Yale education, Chen practiced law in Taiwan in diverse fields such as Internet and information technology industry, the private sector and public interest affairs, governmental reforms, and international NGO affairs.

Weitseng Chen's recent publications include "East Asian Model and Rule of Law (with Randall Peerenboom, a to be published book chapter)", "WTO: Time's Up for Chinese Banks - China's Banking Reform and Non-Performing Loans Disposal" (Chicago Journal of International Law), "State, Market, and the Law: Law and Development in Taiwan" (Chinese) (Journal of the Humanities & Social Science), and a book titled Law and Economic Miracle: Interaction between Taiwan's Economic Development and Economic & Trade Laws after WWII. (Chinese).

Encina Ground Floor Conference Room

Weitseng Chen

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CDDRL Hewlett Fellow 2007-2008
weitseng_web.jpg J.S.D.

Weitseng Chen, a Fulbright scholar, will receive his JSD from Yale Law School in October 2007. His recent research focuses on China's foreign direct investment and property rights transition, the economic behaviors of ethnic foreign investors in China, and a China-Taiwan comparison on their rule of law transition. Prior to his Yale education, Chen practiced law in Taiwan in diverse fields such as Internet and information technology industry, the private sector and public interest affairs, governmental reforms, and international NGO affairs.

Weitseng Chen's recent publications include "East Asian Model and Rule of Law (with Randall Peerenboom, a to be published book chapter)", "WTO: Time's Up for Chinese Banks - China's Banking Reform and Non-Performing Loans Disposal" (Chicago Journal of International Law), "State, Market, and the Law: Law and Development in Taiwan" (Chinese) (Journal of the Humanities & Social Science), and a book titled "Law and Economic Miracle: Interaction between Taiwan's Economic Development and Economic & Trade Laws after WWII." (Chinese).

Weitseng Chen Hewlett Fellow Speaker CDDRL
Seminars

The role of the US in global tobacco control

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Less than 5% of the world's smokers live in the USA; nevertheless America plays a vital role in reducing the global tobacco epidemic. This is particularly important because the US, along with the United Kingdom, Japan and now China, is home to the global tobacco industry. Also, as markets have declined in the west, these transnational companies have looked towards developing countries for their future expansion and profits, with tactics including denial of the health evidence, pervasive promotion, and political and commercial pressures on governments in developing countries.

 

Along with other western countries, American governmental and non-governmental organisations, academic institutions and foundations, have offered assistance and expertise on a global scale, for example, the establishment of a science base, training, serving on international committees, funding world and regional conferences, and grants. The US-based international media have played an important role. The US has offered leadership in areas such as tobacco economics; some aspects of legislation like smoke-free areas in restaurants and bars; litigation; smoke-free movies; and publicising tobacco industry documents exposing information on industry tactics around the globe.

However, and importantly, the USA has not yet ratified the WHO Framework Convention on Tobacco Control (FCTC), now ratified by 149 countries.

Worldwide, systems are slowly being put into place that will eventually reduce the tobacco epidemic -- data are being collected, legislation and price policies implemented, and health education and cessation programmes introduced. Examples will be given of countries which have now implemented stronger tobacco control policies and programmes than those found in the USA.

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Anthropology
Building 50, Room 51A
(Inner Quad, next to the Memorial Church)

Judith Mackay Professor Speaker FRCP (Edin), FRCP (Lon)
Lectures

2008 Payne Lecture Series: Can the Poor Afford Democracy? A Presidential Perspective (Final Lecture)

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The Honorable Alejandro Toledo was democratically elected President of Peru from July 2001-July 2006.

He was born in a small and remote village in the Peruvian Andes, 12,000 feet above sea level. He is one of sixteen brothers and sisters from a family of extreme poverty. At the age of six, he worked as a street shoe shiner and simultaneously sold newspapers and lotteries to supplement the family income.

Thanks to an accidental access to education, Dr. Toledo was able to go from extreme poverty to the most prestigious academic centers of the world, later becoming one of the most prominent democratic leaders of Latin America. He is the first Peruvian president of indigenous descent to be democratically elected in five hundred years.

He received a BA from San Francisco University in Economics and Business Administration. From Stanford University, he received a MA in Economics of Human Resources, a MA in Economics, and a PhD in Economics of Human Resources.

Bechtel Conference Center

Alejandro Toledo Payne Distinguished Visiting Lecturer, CDDRL Visiting Scholar, and Former President of Peru Speaker
Lectures

2008 Payne Lecture Series: Can the Poor Afford Democracy? A Presidential Perspective (Lecture 2)

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The Honorable Alejandro Toledo was democratically elected President of Peru from July 2001-July 2006.

He was born in a small and remote village in the Peruvian Andes, 12,000 feet above sea level. He is one of sixteen brothers and sisters from a family of extreme poverty. At the age of six, he worked as a street shoe shiner and simultaneously sold newspapers and lotteries to supplement the family income.

Thanks to an accidental access to education, Dr. Toledo was able to go from extreme poverty to the most prestigious academic centers of the world, later becoming one of the most prominent democratic leaders of Latin America. He is the first Peruvian president of indigenous descent to be democratically elected in five hundred years.

He received a BA from San Francisco University in Economics and Business Administration. From Stanford University, he received a MA in Economics of Human Resources, a MA in Economics, and a PhD in Economics of Human Resources.

This is the second lecture in a series of lectures Dr. Toledo will give. His final lecture will be on May 14th.

Bechtel Conference Center

Alejandro Toledo Payne Distinguished Visiting Lecturer, CDDRL Visiting Scholar, and Former President of Peru Speaker
Lectures

Does Education Change Political Attitudes? Evidence from a Kenyan School Experiment

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Edward Miguel received his PhD at Harvard in 2000, the same year he joined UC Berkeley as an assistant professor. He was promoted to associate professor in 2005. He recently received the Kenneth J. Arrow Award for Best Paper in Health Economics for "Worms: Identifying Impacts on Education and Health in the Presence of Treatment Externalities" (with Michael Kremer), which appeared in Econometrica. He also was the recipient of the 2005 Sloan Fellowship. At Berkeley he has received the Best Graduate Adviser Award and the Distinguished Teaching Award.

Professor Miguel is co-editor of the Journal of Human Resources, associate editor of the Journal of Development Economics and Review of Economics and Statistics, director of the U.C. Berkeley Scientific Evaluation for Global Action program, co-organizer for Working Group in African Political Economy, associate director at CIDER, an NBER faculty research associate, a CEPR research fellow, a senior fellow at the Bureau for Research and Economic Analysis of Development, and a research affiliate at the MIT Poverty Action Lab. He also has worked as a consultant for non-governmental organizations on projects in Delhi, Kenya, Tanzania, and Sierra Leone.

CISAC Conference Room

Ted Miguel Professor of Economics Speaker University of California at Berkeley
Seminars

What is 'Putin's Plan'?

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Andrew Kuchins is a senior fellow and director of the CSIS Russia and Eurasia Program. From 2000 to 2006, he was a senior associate at the Carnegie Endowment for International Peace, where he was director of its Russian and Eurasian Program in Washington, D.C., from 2000 to 2003 and again in 2006, and director of the Carnegie Moscow Center in Russia from 2003 to 2005. Kuchins conducts research and writes widely on Russian foreign and security policy. He is working on a book titled China and Russia: Strategic Partners, Allies, or Competitors, and coedited, with Dmitri Trenin, Russia: The Next Ten Years (Carnegie, 2004).

Kuchins has taught at Georgetown University and Stanford University. From 1997 to 2000, he was associate director of the Center for International Security and Cooperation at Stanford University. He also served as a senior program officer at the John D. and Catherine T. MacArthur Foundation from 1993 to 1997, where he developed and managed a grant-making program to support scientists and researchers in the former Soviet Union. From 1989 to 1993, he was executive director of the Berkeley-Stanford Program on Soviet and Post-Soviet Studies.

He is a member of the editorial boards of Pro et Contra and Demokratizatsia and was a term member of the Council on Foreign Relations from 1995 to 2000. He holds a B.A. from Amherst College and an M.A. and Ph.D. from the School of Advanced International Studies at the Johns Hopkins University.

CISAC Conference Room

Andrew Kuchins Director and Senior Fellow Speaker Russia and Eurasia Program
Seminars

CDDRL has concluded its third year of the Stanford Summer Fellows on Democracy and Development Program

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The Center on Democracy, Development, and the Rule of Law (CDDRL) has concluded its third year of the Stanford Summer Fellows on Democracy and Development Program held July 30th-August 17th, 2007.

This year's summer fellows program brought 26 leaders from 22 different countries in transition to Stanford for the three-week program. The fellows combined theory with practice as they studied democracy, development, and the rule of law and the links and interactions among the three areas. Not only did the fellows participate in morning seminars with leading Stanford faculty, but they also attended talks by keynote speakers including Carl Gershman and Judge Pamela Rymer to name a few. Furthermore, this year's summer fellows engaged in group discussions and presentations on key issues of democracy, development, and rule of law within their countries and regions. Fellows brought their experiences and knowledge from a wide background of different professions to the discussions and presented their proposals for addressing real-world problems of democratic and economic development.

Throughout their three-week stay, fellows enjoyed the surrounding Bay Area attractions including San Francisco and Monterey, and had the opportunity to visit institutions such as Google, the San Francisco Chronicle, and KQED Radio. The program closed with a graduation dinner on August 17th, 2007 and fellows departed, eager to put to practice what they had gained from their three-week interaction with each other, with the Stanford faculty, and with visiting speakers.

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Ethical and Economic Case for Global Redistribution

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Branko Milanovic is lead economist in the World Bank research group and visiting professor at the School for Advanced International Studies at Johns Hopkins University. Previously, he was a World Bank country economist for Poland and a research fellow at the Institute of Economic Sciences in Belgrade, Yugoslavia. He received his Ph.D. in Economics in 1987 from Belgrade University.

Milanovic is an expert in economies in transition, income distribution, and globalization.

Recent publications include: Worlds Apart: Measuring International and Global Inequality (Princeton, 2005); Income and Influence: Social Policy and Emerging Economies, with Ethan Kapstein (Russell Sage, 2002); Inequality and Poverty During the Transition From Market Economy (World Bank, 1998).

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Encina Ground Floor Conference Room

Branko Milanovic Lead Economist Speaker World Bank
Workshops
Linda Randall Meier Research Workshop on Global Justice

Applying the Odious Debts Doctrine While Preserving Legitimate Lending

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Abstract of Seema Jayachandran's "Applying the Odious Debts Doctrine while Preserving Legitimate Lending":

Odious debts are debts incurred by the government of a nation without either popular consent or a legitimate public purpose. While there is some debate within academic circles as to whether the successor government to a regime which incurred odious debts has the right to repudiate repayment, in the real world this is currently not an option granted legitimacy either by global capital markets or the legal systems of creditor states. There are compelling reasons to reform the law of odious debts to allow for such a repudiation in citizens of a tyrant to repay their oppressor's personal debts, but the burden of odious-debt servicing can perpetuate the cycle of state failure which has direct national security consequences. In addition, a properly designed odious debt reform could function as an alternative sanctions mechanism to trade sanctions with fewer harmful implications for the general population of the targeted state. Classical proponents of odious debt reform advocate for recognition of a legal rule under which successor governments could challenge the validity of debts incurred by prior regimes against the odious debt legal standard in a judicial-style forum. We make the case for an alternative "Due Diligence" model of reform which provides far greater ex ante certaining for lenders both as to which investments from subsequent invalidation. The Due Diligence Model also solves certain time-consistency problems inherent to the Classical model.

Seema Jayachandran is assistant professor of economics at Stanford University. She received her PhD in economics from Harvard University. She specializes in development economics, labor economics, and political economy.

Sponsored by the Program on Global Justice and the Stanford Humanities Center

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Encina Ground Floor Conference Room

Seema Jayachandran Assistant Professor of Economics Speaker Stanford University
Workshops
Linda Randall Meier Research Workshop on Global Justice
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