Ray Goldberg Fellowship in Global Food Systems Supports Harvard Stu- Hydrates Project

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NovemberOctober 2012 2015 Floors 3 -5, Belfer Building www.mrcbg.org

INAUGURAL RAY GOLDBERG FELLOWSHIP IN Seminars & Events M-RCBG PLANNING MILESTONE FALL EVENTS Seminars & Events GLOBAL FOOD SYSTEMS AWARDED M-RCBG has over 80 seminars As M-RCBG continues to celebrate the 30th anniversary of the Center’s founding, it is planning Mand-RCBG events has over scheduled 30 seminars each and events scheduled for the fall semester. Below is a Thenumerous Mossavar events-Rahmani this semester Center as it continues for Business to seek andnew waysGovernment to add value has to ournamed changing stu- semester, some of which are listed dentsworldl Alicia Among Harley them are: and Jessica Newman as the inaugural Ray Goldberg Fellows small selection. Please see our website (www.hks.harvard.edu/centers/mrcbgbelow. For a complete schedule,) for a in GlobalA 30th Food anniversary Systems. forum lecture on “The Vexed Relationship between Business & Govern- completevisit www.mrcbg.org. listing. ment”. Speakers will include Center Director Lawrence Summers, Prof. Roger Porter, Ben "The Goldberg Fellowship recognizes the growing interest in agriculture and Heineman and Nina Easton (JFK Jr. Forum, October 30, 6pm). Gas Hydrates as an food systems at Harvard, and the importance of linking scholarship to practice James Hammitt, Harvard School of Public  The 2012 Glauber Lecture featuring Ed Haldeman, former CEO of Freddie Mac (JFK Jr. Fo- Energy Source; Carolyn in ways that improve the world," said William Clark, Brooks Professor of Inter- Health. Positive v. Normative Justifications rum, October 18, 6pm). Ruppel, US Geologi- national Science, Public Policy and Human Development. ofcal Cost Survey’s Benefit Analysis. Gas Bell Hall, October 4, 11:45-1pm.  The 20th Doyukai Symposium will focus on “A Vision for Japan in 20 Years”. Speakers will The Ray Goldberg Fellowship in Global Food Systems supports Harvard stu- Hydrates Project. Bell, include Joseph Nye, Roger Porter, Anthony Saich, and Ezra Vogel. (November 19). Nov. 2. 12-1:30. dents working in the context of global food systems. This may include work re- Christopher Knittel, MIT. Embracing our For additional information about any of these events, please contact [email protected] or lated to agricultural systems, food supply chains, farmer and farmworker well- Differences: Heterogeneous Externalities and call XXX. being and equity, agricultural economics, food justice and sovereignty, agricul- their Implications forClimate Welfare. Tipping Littauer -Points382, tural processing and industry, food science and nutrition, or food policy. October 10, 4:10-5:30pm.and Solar Geoengineer- ing; Juan Moreno- “WeS TUDENTSare beginning R toEPORT witness ON innovative SUMMER cross INTERNSHIP-sector collaborations EXPERIENCES to address Matthew Baum, Cruz.Cary Coglianese, L-382, Nov. and 4. food -related problems. Such partnerships between sectors are the only way for- Richard Zeckhauser.4:15 Regulatory-5:30. Break- ward.This past I hope summer, this M Fellowship-RCBG provided will financial encourage support collaborative to 17 HKS students, research enabling by themthe recipi- to down: The Crisis of Confidence in U.S. Regu- entsundertake who takeinternships advantage in a variety of the of settings interrelated around sourcesthe globe. of Students food systemworked atresearch the US Depart- tak- lation, Bell Hall. October 11, 11:45-1pm. ingment place of the at Treasury, Harvard,” United said Nations Professor Capital Ray Development Goldberg Fund,. International Finance Corpora- Dale Jorgenson, Harvard University. tion, Asian Development Bank, and numerous small non-governmental organizations, testing new ComprehensiveAn Excess of Tax Access? Reform and U.S. Energy Harleyapproaches is a todoctoral improve candidatetrade, create ineconomic Public opportunity, Policy at Harvard’sand strengthen Kennedy regulation. School The range of Success and Failure in Government who studies innovation in agricultural systems. Her research is de- Policy. Bell Hall, October 15, 12:15-1:45pm. and impact of these internships is notable. Robert Boudreau (MPA 13) prepared policy briefs for Regulating Austral- velopingsenior officials insights at the intoU.S. Treasury,the mechanisms Office of International through which Banking innovation and Securities policy Regulation. differ- ia’s Natural Monopo- Thomas Covert, Harvard University. entiallyWorking impacts on a smaller farmers scale, Jonathan across socioeconomicElist (MPA 13) developed and caste alternative spectrums forms ofin credit Bihar, report- In- lies; Henry Ergas, Learning and Experimentation in the North dia.ing forNewman Rent Reporters is pursuing in Pasadena. a joint Two degree students as worked a Master with in Instiglio, Public an Policy organization at Harvard founded Univ. of Wollon- Dakotagong. Bakken Bell, Shale. Nov. Littauer 12. -382, October Kennedyby HKS students School to andbring an social MBA impact from bonds MIT’s to developing Sloan School countries. of Business Piyush Jain and (MPP has 13) been ex- 10, 4:10-5:30pm. 11:45-1. activeplored inthe bringing potential for together social impact faculty bonds and to deliverstudents social from services across in India, the university,and Eunice Lim or- ganizing(MPP 13) testedthe first their Harvard potential toResearch address at Symposium-risk youth in Colombia. on the Nexus Prad Kerdpairoj of Food, (MPAID Agricul- 13) David Greene, University of Tennessee. provided technical support to Impact Investment Shujog Limited in Singapore, and Pragya Lohani ture, Environment, Health, and Society earlier this year. Oil Dependence: WhatRetiree Does it Healthcare:Really Cost (MPP 13) helped develop government strategies to promote business development in Sri Lanka. Us? Bell Hall, OctoberThe 22, Elephant 12:15-1:45pm. in the Several students plan to use their summer experience as the basis for PolicyRay Analysis Goldberg Exercises is this Room; Robert

year. George M. Moffett Pozen, MIT. Bell, Professor of Agri- Howard KunreutherNov., University 19, 11:45 of Penn--1. culture and Busi- sylvania. Integrated Risk and Uncertainty Assessment of Climate Change Response With support from M-RCBG, Mariellaness, Emeritus Amemiya at Policies. Littauer-382, October 10, 4:10-

(MPAID 13) spent the summerthe working Harvard with the Busi- 5:30pm. United Nations Economic and Social Commission for ness School (HBS) Asia and Pacific, in Bangkok, Thailand, to develop where he founded trade and investment strategies for the Asia Pacific Rio+20 Panel Discussion. Collective Ac- region. the Agribusiness tion within the Financial Sector. Allison Senior Manage- Dining Room, OctoberSearch 25, Groups: 11:45-1pm. ment Seminars. M-RCBG The fellowship

was inaugurated CSRI Senior Fellows Si- Several of M-RCBG’s seminars by an anonymous mon@HKS_BizGov Zadek and Salil are now videos accessible for gift from an HBS Tripathi Discuss Goldberg Fellowship recipients Alicia Harley (left) and Jessica Newman (right) viewing via Vimeo. To access, with Professor Ray Goldberg (center). alumnus. visit: vimeo.com/mrcbg Grievance Mechanisms MRCBG

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Nelson moderates panel on UN sustainable development Financial Sector Program co-hosts goals Thailand@Harvard Lecture Series CSRI Director Jane On September 9, the Ash Cen- Nelson moderated a ter hosted Dr. Veerathai San- panel on extractive in- tiprabhob as part of the annual dustries on September Thailand@Harvard Lecture 27 at the United Nations series in partnership with the Sustainable Develop- Harvard University Thai Stud- ment Summit 2015 in ies program and the M-RCBG New York City. The Financial Sector Program. panel discussed prepar- Addressing a packed audience ing an atlas of how the in Bell Hall, Veerathai offered UN’s sustainable devel- reflections on what the global opment goals (SDGs) community can expect and will affect corporations in the mining sector. Organizers learn from the country’s reform also charted out opportunities for the mining sector to efforts in the wake of Thailand’s ongoing political contribute to the SDGs, resulting in a draft atlas launch at upheavals. the event, which was available for public consultation. Michael Herzfeld, the Director of Thai Studies Pro- HEEP Faculty Fellow appointed new editor of the Brook- gram at the Harvard Asia Center and Jay Rosengard, ings Papers on Economic Activity the Academic Director of the Rajawali Foundation Institute for Asia at the Ash Center and M-RCBG fac- The Brookings Institution ulty affiliate, provided opening remarks and intro- has appointed Harvard duced Veerathai, a Harvard University alum with a economist James Stock as PhD in Economics and a career spanning the public one of two co-editors of and private sectors. When Veerathai assumes the the Brookings Papers on post of Governor of the Bank of Thailand in October Economic Activity. 2015, he will become the Central Bank’s youngest Professor Stock, along leader in four decades. Previously, he served as the with Janice Eberly from executive vice president of the Stock Exchange of Northwestern University, Thailand and an economist for the International Mon- will be co-editors for the etary Fund. flagship economic journal of the Institution. Their Veerathai first described the need for multi- first volume will appear in 2016, and both will be- dimensional reform, and then presented an overview of reform initiatives now being designed and imple- come Brookings non-resident senior fellows. mented in Thailand in the areas of macroeconomic James H. Stock is the Harold Hitchings Burbank Professor management, infrastructure development, state- of Political Economy, Faculty of Arts and Sciences and owned enterprise governance and operations, corrup- member of the faculty at Harvard Kennedy tion, human trafficking, and the political system. School. His research areas are macroeconomic forecasting, monetary policy, econometric methods, and environmen- After explaining the objectives and nature of these tal policy. reform initiatives, he also highlighted challenges in

moving from the design to the implementation stage, especially in the current non-democratic environment Liu co-writes an article in Nature on climate change and amidst slow economic growth. He also noted the Sustainability Science Program Fellow Zhu Liu has co- need to increase engagement of all stakeholders in the written an article in Nature on the targeted opportunities current reform process, and identified key issues not to address the climate-trade dilemma in China. Interna- addressed in the government’s reform program, par- tional trade has become the fastest growing driver of ticularly civil service and education reform, as well as global carbon emissions, with large quantities of emis- decentralization. sions embodied in exports from emerging economies. This type of trade poses a dilemma for climate and trade Veerathai’s talk was the fifth event in the Thai- policy: to the extent emerging markets have comparative land@Harvard Lecture Series, which addresses a advantages in manufacturing, such trade is economically range of topics as Thailand becomes increasingly im- efficient and desirable. To read the article, visit portant in both Asian and global affairs. www.nature.com and search “climate-trade”.

Lux and Greene present on Dodd-Frank unintended Harvard Project and collaborators publish Science arti- consequences cle on future of IPCC

For the past year, M-RCBG Robert Stavins and Robert Stowe, respectively the Di- senior fellow Marshall Lux rector and the Manager of the Harvard Project on Cli- and HKS student Robert mate Agreements, have co-authored, with colleagues, Greene (MPP16) have been an article in the "Policy Forum" section of the journal collaborating on a study of Science on the future of the Intergovernmental Panel on the unintended consequenc- Climate Change (IPCC). es of The Dodd–Frank Wall The article appeared online on October 2 and is based Street Reform and Consum- on research and analysis conducted in collaboration er Protection Act. On with Fondazione Eni Enrico Mattei (FEEM; Italy), the September 30 they presented Mercator Research Institute on Global Commons and the first of several papers Climate Change (MCC; Germany), and the Stanford they have written, on The Environmental and Energy Policy Analysis Center State and Fate of Community (SEEPAC; USA). Banking, at a conference Marshall Lux (l) and Robert organized by the Federal The other co-authors are: Carlo Carraro, Climate Greene (r) outside the St. Louis Reserve and the Conference Change and Sustainable Development Programme Co- Fed before their presentation. of State Bank Supervisors. ordinator, FEEM; Ottmar Edenhofer, Director, MCC; Christian Flachsland, Head of the Governance Working Stavins on China and U.S. climate change cooperation Group, MCC; and Charles Kolstad, Senior Fellow, SEEPAC and Professor of Economics, Stanford Univer- On September 25, 2015, Presidents Xi Jinping of China sity. and Barack Obama of the United States reaffirmed their "shared conviction that climate change is one of the The collaborators conducted a research workshop in greatest threats facing humanity and that their two coun- February 2015, hosted by the Mercator Institute in Ber- tries have a critical role to play in addressing it." The lin, on approaches to improving the process by which Joint Presidential Statement on Climate Change built research on climate change is assessed—with a focus on upon that of November 12, 2014 and contains pledges to the social sciences (economics, political science, policy cooperate: 1) To produce an ambitious multilateral studies). The Science article captures some of the more agreement at the Twenty-First Conference of the Parties important conclusions of this workshop. The workshop to the United Nations Framework Convention on Cli- was sponsored in part by the Alfred P. Sloan Founda- mate Change (UNFCCC) in Paris in December 2015; 2) tion. To advance respective domestic actions (detailed in the The article in Science is timely, given that the IPCC announcement) to reduce greenhouse-gas emissions; and elected a new Chair at its plenary session in Dubrovnik, 3) To enhance bilateral and multilateral cooperation Croatia on October 6—Hoesung Lee, a South Korean through forums other than the UNFCCC. economist.

Robert Stavins, Director of the Harvard Project on Cli- mate Agreements, said that the announcement "…builds upon the very important—indeed historic—statement of goals in November 2014 and presents in considerable detail what China and the United States intend to do both together and separately to reduce emissions and adapt to climate change. In particular, China commits to implementing a nationwide emissions-trading program by 2017—building upon the seven cap-and-trade pilot programs in Chinese provinces and cities that have been operating for 2-3 years. This is an ambitious timetable and indicates the seriousness with which China approaches this issue. China has also committed to providing considerable financial support to developing countries to help them address climate change." The Harvard Project conducted a workshop in June 2015 to examine China-U.S. cooperation on climate change, Robert Greene, MPP16 (r) and Federal Reserve Chair Janet Yellen (l) collaborating with the National Center for Climate in Washington, DC after a conference organized by the Federal Change Strategy and International Cooperation. Reserve and the Conference of State Bank Supervisors.

STUDENT INTERNSHIP UPDATE REGULATORY POLICY PROGRAM SEMINAR

Tumml (urban ventures accelerator): May Samali MPP16 Crafting an evidence-based regulatory management system: Lessons from Poland I spent my summer at Tumml, a San Francisco- In recent years, Poland’s based urban ventures regulatory system has accelerator whose mis- changed significantly. A sion is to empower en- decade ago Poland’s reg- trepreneurs to solve city ulatory system was large- challenges – from ly pro forma; today it is drought conservation to informed by evidence- traffic congestion to in- based instruments such tergenerational poverty. as cost-benefit analysis, and it plays a central role Tumml invites early- in policymaking. And stage companies into its May Samali with Jeff Fino and Joe Kwong, when it comes to regula- co-founders of SPROKIT, an online platform office space to receive tory enforcement, Poland to reduce recidivism.SPROKIT was one of seed funding and hands- Tumml's summer 2015 cohort companies. now ranks above many on support to help grow highly developed coun- their businesses and impact their communities. For nine tries such as Sweden and weeks, I served as Tumml’s Resident Advisor. I had the the United Kingdom. chance to lead a variety of projects and manage many moving pieces and parties. My responsibilities fell into three On September 24, Maciej Drozd, Director of Regulatory main buckets. One of the most fulfilling aspects of my in- Planning and Impact Assessment at the Polish Prime ternship was providing startup support for the ten compa- Minister’s Office, shared this story of transformation. nies in Tumml’s summer 2015 cohort. This aspect of the His talk was part of M-RCBG’s Regulatory Policy Pro- internship complemented my understanding of legal and gram seminar series run by HKS Associate Professor policy processes with an appreciation of how to design scal- Joseph Aldy. able and sustainable enterprises to solve the challenges of Drozd explained that in the past, ministries drafted a city living. I had the opportunity to regularly interact with very large number of rules, but many rules were never our companies, advising them on a range of issues includ- actually implemented. Central review of proposed ing financial modelling, product development, user testing, rules was weak, so the process often dragged on for messaging, and fundraising. months or years. Today, virtually all regulatory pro-

posals run through a central authority. As a result of My second responsibility involved contributing to thought these changes “regulation is less frequent and less bur- leadership on a range of topics including urban innovation, densome,” said Drozd. impacting investing, and startup policy. The research and writing I undertook gave airtime to cutting-edge approach- A key reform was the requirement that regulations un- es to tackling city challenges and innovative models for dergo review much earlier in the rulemaking process. achieving impact. Now an impact assessment is the basis for deciding whether to proceed with regulation. According to Third, I was also responsible for assisting Tumml with cur- Drozd, this reform sends the message to ministries: riculum, programming and events. I designed a new rolling “The stronger your cost-benefit analysis, the more like- application system for entrepreneurs interested in applying ly your rule will be enacted.” Many proposals did not to Tumml’s accelerator program. I particularly enjoyed in- meet new standards and were filtered out before legal terviewing startup founders and learning more about their drafting began. vision for improving city living. Drozd illustrated this change with the example of the

time required to obtain a construction permit, which I am grateful to have had the opportunity to work at used to require on average 300 days. Today, the pro- Tumml over the summer, and I thank the Mossavar- cess has been reduced by 50-120 days for different Rahmani Center for Business and Government for its gener- buildings. Four regulations have been eliminated alto- ous financial support. I endeavor to take my learnings from gether. This improvement would not have been possi- my internship and explore them further at HKS in the Fall ble without rigorous review of regulatory impacts. through further involvement with the Mossavar-Rahmani Center for Business and Government, the Entrepreneurship This fall, Drozd is a Fellow at the Mossavar-Rahmani PIC and Tech4Change. Ultimately, I am dedicated to nur- Center for Business and Government studying the ap- turing, inspiring and empowering the entrepreneurial com- plication of behavioral insights to regulations in Poland munity to solve today’s most pressing social and economic and the EU. challenges. —Jennifer Nash