Asia’s economies have been hard hit by the current global financial crisis, despite in most cases enjoying strong macroeconomic fundamentals and stable financial systems.  Early hopes were that the region might be “decoupled” from the Western world’s financial woes and even able to lend the West a hand through high growth and the investment of large foreign exchange reserves.  But that optimism has been dashed by slumping exports, plunging commodity prices, and capital outflows.  The region’s most open, advanced and globally-integrated economies—Hong Kong, Singapore, and Taiwan—are already in severe recession, with Japan, Korea and Malaysia not far behind, and dramatic slowdowns are underway in China, India, Indonesia, Thailand and Vietnam.  What role did Asian countries play in the genesis of the global crisis, and why have they been so severely impacted?  How is their recovery likely to be shaped by market developments and institutional changes in the West, and in Asia itself in response to the crisis?  Will the region’s embrace of accelerated globalization and marketization following the 1997-98 Asian financial crisis now be retarded or reversed?

Linda Lim is a leading authority on Asian economies, Asian business, and the impacts of the current global financial crisis on Asia, and she has published widely on these topics. Her current research is on the ASEAN countries’ growing economic linkages with China.

Forthcoming in 2009 are Globalizing State, Disappearing Nation: The Impact of Foreign Participation in the Singapore Economy (with Lee Soo Ann) and Rethinking Singapore’s Economic Growth Model. She serves on the executive committees of the Center for Chinese Studies and the Center for International Business Education at the University of Michigan, where formerly she headed the Center for Southeast Asian Studies. Before coming to Michigan, she taught economic development and political economy at Swarthmore. A native of Singapore, she obtained her degrees in economics from Cambridge (BA), Yale (MA), and Michigan (PhD).

Marcus Mietzner is currently Lecturer in Indonesian Studies at the Faculty of Asian Studies, Australian National University. Between 1998 and 2008, he lived, worked and researched in Indonesia. He has published extensively on Indonesian politics, among others in Journal of Southeast Asian Studies, Southeast Asian Research and Contemporary Southeast Asia. His most recent book is Military Politics, Islam, and the State in Indonesia: From Turbulent Transition to Democratic Consolidation, published by ISEAS in Singapore in December 2008.

David Yang is a pre-doctoral fellow in CDDRL's Democracy in Taiwan program. He is finishing a cross-country comparative study entitled The Social Basis of the Third Wave: Class, Development, and the Making of the Democratic State in East Asia. He looks in particular at late authoritarian Taiwan and contemporary Singapore. Mr. Yang is interested in the social basis of pro-democratic opposition movements and the political implications of various developmental strategies - corporatist versus pluralist, for example. Before entering the doctoral program at Princeton, David Yang completed an MBA in Economics and International Business at NYU, and a B.Sc. in Computer Science at Brown.

On Tuesday, November 14, the Stanford Project on Regions of Innovation and Entrepreneurship (SPRIE) will be hosting a first look at Making IT: The Rise of Asia in High Tech.

Making IT is edited by Henry S. Rowen, Marguerite Gong Hancock and William F. Miller, and features findings by scholars from from the United States, Japan, Korea, Singapore, Taiwan, China and India.

As Stanford University Press publishes Making IT this November, we invite you to attend this first look and discussion among scholars, policymakers and industry leaders.

On May 20-21, 2006, the Stanford Project on Regions of Innovation and Entrepreneurship (SPRIE) of Stanford University and the China Institute for Science and Technology Policy (CISTP) of Tsinghua University will co-sponsor a workshop in Beijing, China, with the collaboration of Zhongguancun Science Park and the Industrial Technology Research Institute. The English version of the proceedings will be published by SPRIE.

Theme and Topics

The theme is the progress in and challenges to Greater China's innovative capacities. The workshop will include discussions of key drivers of innovative capacity: the inputs, processes, institutions, management strategies and outputs, including evidence of innovative capacities as demonstrated in new products, processes, services or business models.

The workshop will focus on information technology and telecommunications, focusing on development within and linkages among Mainland China and Taiwan, plus Singapore and Silicon Valley. Workshop sessions will include:

Statistical indicators

Corporate R&D: Multinational and domestic firms

University and research institute R&D

Science and technology human resources

Regional innovation

New technologies and business models

Papers invited include case studies of products and of firms, analysis of trends and cross-industry or cross-regional comparisons.

Workshop Format

Attendance at the two-day workshop will be by invitation only. More than twenty papers will be presented and discussed by a group of international scholars; panel participants will include senior industry leaders and government policy makers. The workshop format will facilitate discussions.