CAPP Newsletter Archive: June 2004
June 2004 Table of Contents
Message from the Director
CAPP
in the News
New RAND Publications on Asia
CAPP
News and Events
Recommended
Resources
Message
from the Director
In a tumultuous time in the US-South Korea relationship, RAND's CEO, James
Thomson, visited Seoul in June and discussed the alliance with national security
officials, as well as health, education, science and technology, energy and
other pressing domestic matters with ministers and deputy ministers. CAPP also
held its first board meeting in Asia in a decade as part of a new initiative
to hold such meetings once a year in an Asian country. In this edition of the
newsletter, you will also find new publications on China —on the need
for China to develop a bond market and on the rising tide of protests there.
—Nina Hachigian, CAPP Director
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Protests
Now Flourish in China:
Shades of Tiananmen
Commentary by Murray Scot Tanner
International Herald Tribune - June 2, 2004
Few in the West seem aware that Beijing is again confronting a growing volume
of popular protest. Chinese government reports indicate that the number of
public protests has probably risen each of the last three years. As China's
new leaders maneuver against the backdrop of greater unrest, groping for new
strategies to contain it, Tanner argues that they —and the rest of the
world —must ponder more seriously the risks and hard choices.
Indian
Election Provides Chance
to Overcome Religious Divisions
Commentary by Rollie Lal
San Diego Union-Tribune - May 27, 2004
India's
recent election provides it with an opportunity to reassess
its national identity and pull back from the Hindu nationalism
that has sharpened religious divisions between the Hindus and
Muslims, Lal writes. Voters also gave India a
chance to serve as a model of religious tolerance to nations torn by religious
strife.
Snatching
Defeat from the Jaws of Victory
Commentary by Gregory F. Treverton and Spencer Kim
The Korea Herald - May 13, 2004
From
South Korea to Spain, real democracy is breaking out, say the
authors. Yet for too many in the United States, that seems like
bad news, not good. The wish for democracy is still the right
one. Recent events in both countries are, in the longer sweep
on history, cause for celebration.
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China
Rethinks Unrest
Article by Murray Scot Tanner
The Washington Quarterly - Summer, 2004
A
June 2003 dispatch in a pre-eminent U.S. newspaper described
a "rare and short-lived demonstration" by more than
100 enraged Shanghai apartment dwellers. The one discernible
error of the report was its characterization of such protests
as "rare." Public protest in China is now anything
but, with such incidents numbering in the tens of thousands
each year, far more than most foreign analysts seem to acknowledge.
As Beijing debates the dilemmas of handling social unrest and
seeks new strategies focused on managing protests rather than
deterring them, China's foreign partners must prepare as well.
Read the report
The
Lessons of the Asian and Latin American Financial
Crises for Chinese Bond Markets
by William H. Overholt - Spring, 2004
China can potentially develop a deep bond market to stabilize the country's government, pension, insurance, social security and corporate finances, and promote job growth. This paper details lessons learned from the Asian crisis, the need for such bond markets in Asian countries, as well as potentially painful but necessary reforms for such markets.
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CAPP News
and Events
Hong
Kong at the Crossroads:
RAND Analyst Testifies Before Congress
Recent Chinese central government policies have raised anxiety in Hong Kong,
and emerging problems could strain U.S.-China relations, according to William
Overholt, who recently testified to the House Committee on International Relations,
Subcommittee on Asia and the Pacific on June 23. Read
More
James
Thomson Visits Republic of Korea
To explore opportunities for further cooperation with the Republic of Korea,
RAND's CEO, James Thomson, spent June 7 - 12 in Seoul meeting with Korea's
Foreign Minister, Defense Minister, National Security advisor as well as other
cabinet officials and private sector executives. Read
more
Spring
2004 CAPP Advisory Board Meeting
The
RAND Center for Asia Pacific Policy (CAPP) held its first Advisory
Board meeting in Asia in a decade on June 11, 2004, in Seoul,
South Korea. Hosted by Chairman Woong-yeul Lee, Chairman of the
Kolon Group, and chaired by Ratan Tata, Chairman of Tata Industries,
the meeting brought representatives from across Asia together. Read
more
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