Bulletin Board for

2006-2007


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Commencement, Spring 2006

Meng Ke, Shungo, Lucas
Natalia, Prof. Otsubo, Noot, Judit

To members of Otsubo's Seminar:

Welcome and Welcome back to Otsubo Seminar !

We produced 1 Ph.D. and 5 MAs in the Spring of 2006. This year, I would like the participants of the seminar continue to organize our activities as much as possible.

Ph.D. students should plan to supervise M1 sessions. Teaching is the best way to learn. We will read original papers of economic development theories/concepts, this year.

Date of Entry

Messages
1st. Semester
Seminar
Schedule
&
Presenters
April 11:
Organizational Meeting



April 18:
(Reading/Discussion Session)

Izumi on "Development Issues: Settled and Open"

(Research Session)
Chen Lin on Master Thesis Research "China's M&A Strategies"


April 25:
(Reading/Discussion Session)

Tsui Da on "Poverty as Capability Deprivation"

(Research Session)
Tanya on D1 Presentation "India's IT Strategies"


May 2:
Golden Week, and so .....


May 9:
(Reading/Discussion Session)

Tsui Da on "Poverty as Capability Deprivation"

(Research Session)
Roni on "FTAs and Trade Arrangements"


May 16:
(Reading/Discussion Session)

Sovannak on "Growth is Good for Poor"

(Research Session)
Moaz (D3) "Evaluation of the Value of Emvironment."

Seminar Party !!


May 23:
(Research Session)

Presentation of Research Interests by
M1 and RS-M1 students.

(Research Session)
Erika Okazaki (M2) "Intellectural Property Rights."


May 30:
No Seminar due to
Operation Visit2ABCDE


June 6:
(Research Session)

Presentation of Research Interests by
M1 and RS-M1 students.

(Research Session)
Akihiro Sasata (M2) "T.B.A.."


June 9:
Operation Visit2TOYOTA


June 13:
(Reading/Discussion Session)

Yuki on Contemporaly Growth Theries (Todaro Ch. 4)
Ds should help Yuki in this discussion


(Research Session)
Open Seminar by Guest Speaker
Prof. N. Narayanasamy
Faculty of Rural Development
Gandhiharam Rural Institute-Deemed University
Tamil Nadu, INDIA








November 6 This is the Nagoya University Otsubo Seminar Calender !!
May 24 Message from Erika

Dear Otsubo seminar's member,

Hi ! This is Erika.

I'd like to announce taking picture of Otsubo seminar.

The picture will appear in Nagoya University Year Book in 2006.

The fee of taking picture is free and we will get free calendar data including the picture, so we can print it freely.

The day of taking picture is following;

On Tuesday, June 20th, 2006 at 4:30pm

Therefore please come to usual Otubo seminar's room before 4:30pm.

I hope that everyone enjoys it with best smile!

Besr regards,

Erika Okazaki

May 24 I strongly recommend the following seminar on 'Sovereign Rating' organized by Prof. Kawashima.

GSID Seminar on "A Primer on 'Sovereign Rating': The Role of Credit Ratings in the International Finance," to be held on next Wednesday, May 31, 2006, with Messrs. Yoshihisa Tsuruoka and Kenji Sekiguchi, from Rating and Investment Information, Inc., which can be called "Japanese version of Standard & Poor's or Moody's."

"Sovereign Ratings" are very important practice in international financial market because they not only affect investment decisions by individual investors, but also influence actions or policies of sovereign nations.

This seminar will be an excellent opportunity to listen to experts on credit ratings in the international finance and to understand how credit ratings really work.

Date and Time: May 31, 2006 (Wednesday) 15:00 to 16:30

Venue: 1st Conference Room, GSID 8F

Title: A Primer on "Sovereign Rating":

The Role of Credit Ratings in the International Finance

Language:English

Speakers: Messrs. Yoshihisa Tsuruoka and Kenji Sekiguchi,

Director and Chief Analyst, and Analyst,

International Department, Credit Rating Division

        Rating and Investment Information, Inc.

http://www.r-i.co.jp/eng/index.html

Please find attached their CV.

Moderator: Fujio Kawashima, Associate Professor, GSID

After the seminar, we will have an informal talk with Speakers on the job opportunity in Rating and Investment Information, Inc. Those who are interested in working in the field of international finance including credit ratings, are welcome to attend.

Summary:

Mexico in 1995, East Asia in 1997 and Argentina in 2001---the currency crises in the international financial market have been recurring phenomena even in this 10 years alone. In order to avoid such turmoil from happening, which could severely damage not only investors but also national economies through debt-default, the restructure of the international financial architecture has been a long-discussed issue in the community. Meanwhile, the idea of "credit ratings," which measure the default risk of companies, has been also applied to national governments, namely sovereigns. A "Sovereign Rating" is expected to contribute to a better allocation of risks and returns in the international financial market. The seminar will address its role and method. As an interesting case study, rating of Chinese government will be also examined.

For more details, please contact Prof. Kawashima at GSID.
(ext. 4974: e-mail: fkawa@gsid.nagoya-u.ac.jp)

May 17 In the second session of our June 13 meeting, we plan to invite a guest speaker from INDIA. Izumi has been arranging this open seminar for us.

Prof. Dr. N. Narayanasamy
Faculty of Rural Development
Gandhiharam Rural Institute-Deemed University
Tamil Nadu, INDIA

Location: No.1 Conference Room, 8th floor
Time: 4:30-6:00 (planned)

May 14 On the "Impartial Spectator" of Adam Smith

In the Wealth of Nations (1976), Adam Smith arugured that economic behabor motivated by self-interest create the social dynamics and harmony (best results for the society through resource allocation function of pricing signals in a market mechanizm), i.e. "invisible hand" and "laissez-faire". However, Adam Smith, as a behavior economist also argured in his Theory of the Moral Sentiments (1759), that is, 17 year earlier, that man was not only motivated by "passions" (self-interests?) but also self-governed by "impartial spectator" a moral hector.....

Read exerts from the Theory of the Moral Sentiments (1759).

Also read the first few pages of a JEP article "Adam Smith, Behavioral Economist".

Now, have you understood what is the "impartial spectator"?

Let us re-visit this issue in our next meeting.

May 2 Dear Foreign Students (from Developing Countries) in the EDP&M Program


Code Name: Operation Visit2ABCDE

Date: May 28-31


The World Bank will invite up to 5 of our (foreign) students to the following ABCDE Tokyo Conference, all expenses paid (Nagoya-Tokyo transportation costs, three nights of hotel accommodation, conference reception dinners and lunches).

The ABCDE (Annual Bank Conference on Development Economics) is one of the world’s best known series of conferences on development. Since 1988, it has served as a forum for the presentation of ideas by many of the world’s finest development thinkers. This year, thanks to the support of the Japanese Ministry of Finance, the ABCDE will be held for the first time in Japan on May 29-30, 2006 at Mita House in Tokyo. This will be the first meeting held in East Asia.

The overall theme of the conference will be “Infrastructure and Development” and will address several major topics related to infrastructure and growth, climate change, energy efficiency, rural development, agriculture and the implications for regional cooperation.

The conference will feature research papers on the following four topics, as well as working sessions:

1. Infrastructure and growth

2. Infrastructure and sustainable development: climate change, clean energy, and energy efficiency

3. Rural infrastructure and agricultural development

4. Infrastructure and regional cooperation

On top of these sessions, there will be panel sessions on issues such as:

1. China and India Impact in Developing Countries: Africa, Asia and Latin America

2. Industrial Network in Asia Pacific Regions

3. etc. (see attached flier for further details)

Look at the ABCDE conference flier as attached.

Also visit the ABCDE conference HP at:

http://www.worldbank.or.jp/ABCDE_Tokyo_2006/

Those who wish to register for this conference all expenses paid (except, of course, incidentals), should get in touch with me A.S.A.P. I will select 5 candidates. In selection, I will consider compatibility in research agenda, stages of graduate study that you are in at GSID (namely, Ds will be favored). I need to compile the selected students list by May 10 at the latest. So reply, A.S.A.P.

Prof. Shigeru T. Otsubo
Economic Development Policy & Management Program

April 29
(Updated)

April 25

Pushed by your strong desire to visit TOYOTA factories, I have arranged our visit to TOYOTA.

They will not accept visitors during weekends. Friday is the only day without any EDP&M-related lectures. Shinkai Seminar (normally held on Fridays) will join us together with Prof. Shinkai for this visit.

First Friday available will be on the 2nd (can accomodate up to 27 people) or 9th (can accomodate up to 45 people) of June.

So...

Code Name: Operation Visit2TOYOTA

Date: June 9
(There is a slight chance that the visit day will be moved to June 2. If this should happen, I will notify you the date change immediately.)

Departure Time: 8 a.m. from GSID by a Sightseeing Bus

Factory Visit time: 9:20-11:30 am (TOYOTA)
1:30-2:30 pm (Kakukyu)

We will meet at GSID lobby at 7:45 am and depart by 8:00 am.

After the TOYOTA factory tour, we will have lunch at Toyota Kaikan and then move to Okazaki, where we will visit Kakukyu Miso factory and museum to learn Japanese/Nagoya culture, and then, comeback to GSID.

No fees for factory visits. Professors will finance the fees for renting one big sightseeing bus for one day. You pay for lunch and any souvenirs that you wish to purchase.

Information sheets are distributed through seminar professors/coordinators.

No pictures or recordings are permitted once you go into the factories.

Outside factories and at TOYOTA Kaikan, you can take pictures.

You can take your family members as long as spaces on the bus are available. Children under 3 year of age are not permitted in the Toyota tour.

Those who wish to participate should give your name to your seminar coordinator. Siminar coordinators should submit participants list to Penghuy (Otsubo seminar coordinator) so that I can have a proper headcount.


Prof. Otsubo

April 28

Visit Day is Changed!!
Pushed by your strong desire to visit TOYOTA factories, I have arranged our visit to TOYOTA.

They will not accept visitors during weekends. Friday is the only day without any EDP&M-related lectures. Shinkai Seminar (normally held on Fridays) will join us together with Prof. Shinkai for this visit.

First Friday available will be on the 2nd of June.

So...

Code Name: Operation Visit2TOYOTA

Date: June 2

Departure Time: 8 a.m. from GSID by a Sightseeing Bus

Factory Visit time: 9:20-11:30 am (TOYOTA)
1:30-2:30 pm (Kakukyu)

We will meet at GSID lobby at 7:45 am and depart by 8:00 am.

After the TOYOTA factory tour, we will have lunch at Toyota Kaikan and then move to Okazaki, where we will visit Kakukyu Miso factory and museum, and then, comeback to GSID.

No fees for factory visits. Professors will finance the fees for renting one big sightseeing bus for one day. You pay for lunch and any souvenirs that you wish to purchase.

Information sheets are distributed through seminar professors/coordinators.

No pictures or recordings are permitted once you go into the factories.

Outside factories and at TOYOTA Kaikan, you can take pictures.

You can take your family members as long as spaces on the bus are available. Children under 3 year of age are not permitted in the Toyota tour.

Those who wish to participate should give your name to your seminar coordinator. Siminar coordinators should submit participants list to Penghuy (Otsubo seminar coordinator) so that I can have a proper headcount.


Prof. Otsubo

April 14 On April 18, we will take seminar opening picutures.

April 5 For the first couple of seminar sessions, say, for the month of April, Otsubo seminar will be open to anybody who may be interested in our seminar (window shoppers). After that, only those with my prior approval (either as a main advisor or sub-advisor) will be allowed to attend Otsubo seminars.
March 31, 2006 First Meeting of Otsubo's Seminar in the academic year of 2006-2007 will be on April 11 !!

On the 11th of April (Tuesday), we will have an organizational meeting for the new academic year.

Time: 2:45 p.m. -
Location: No. 9 Seminar Room (7th floor, GSID bldg.)


I plan to take seminar and member pictures on April 11 and/or 18.