[행사보고] 제 79회 글로벌 엑설런스 세미나: "Tasteful Old Age: The Identity of the Aged Middle-Class, Nursing Home Tours, and Marketized Eldercare in China"

[행사보고] 제 79회 글로벌 엑설런스 세미나 "Tasteful Old Age: The Identity of the Aged Middle-Class, Nursing Home Tours, and Marketized Eldercare in China"   강의명: Tasteful Old Age: The Identity of the Aged Middle-Class, Nursing Home Tours, and Marketized Eldercare in China 일시: 2024년 11월 29일 (금) 오후 12시-13시30분 장소: 서울대학교 국제대학원 140-1동 201호 Global Strategy Room 발표: 박여리 연구교수 (서울시립대학교 도시인문학연구소) 사회: 박지환 교수 (서울대학교 국제대학원) 언어: 한국      The Seoul National University Institute of International Affairs held the “79th Global Excellence Seminar” on November 29, 2024 in the Global Strategy Room (Bldg. 140-1, Room 201). Seoul National University Graduate School of International Studies (SNU GSIS) Professor Jeehwan Park moderated the seminar, and University of Seoul Institute for Urban Humanities Research Professor Yeori Park gave a presentation entitled “Tasteful Old Age: The Identity of the Aged Middle-Class, Nursing Home Tours, and Marketized Eldercare in China.” An abstract of Dr. Park’s presentation is provided below.   [Abstract]  This study explores the ways in which middle-class identity of older adults is shaped through modern Chinese history. To this end, this research project analyzes China’s nursing home tours, care consumption practices, and the life histories of older adults living in a retirement home. Those who can afford high-end nursing homes identify themselves as “middle class intellectuals” and distinguish themselves from others by living in a gated community and consuming care services. Although many of today’s middle-class older adults lost their economic capital during China’s Communist Revolution and period of political oppression, they retained the cultural and social capital inherited from their highly educated families. After China’s economic reform, many previously middle-class individuals returned to professional positions that utilized their prior skills, thus quietly maintaining a cryptic middle-class identity.   China’s middle-class older adults lived through the Communist period when the state determined the trajectory of people’s lives. This experience made it hard for them to plan for the future, including retirement, given China’s rapidly changing political context. However, unlike today’s younger generation, middle-class older adults, when they were younger, could look forward to receiving a stable pension. This security alleviated their worries about the future and distinguishes their lives today from those of poor rural seniors or other blue-collar retirees who did not receive an adequate pension. Older middle-class adults have reinvented their class identity by choosing to live in newer, more expensive private retirement homes, differentiating themselves from their poor, rural counterparts. Furthermore, these similarly situated people have gathered to form a middle-class community. Tour groups visit retirement homes to witness and bask in middle-class life. Participating in such tours and selecting one’s form of assisted living are cultural phenomena that inspire middle-class seniors dream of tasteful old age. This imagined tasteful lifestyle is shaped by care-consuming practices of elderly residents in these retirement communities. Living independently (i.e., without children’s support in old age) by consuming care services is an enactment of class identity. In this way, they differentiate themselves from those who opt for conventional eldercare provided by their children based on filial piety. It is also a strategic choice to survive the unstable life stage of old age in a context where it is difficult for the state and even children to care for seniors because of China’s one-child policy and the reckless growth of commercial eldercare. Although they are identified as a privileged demographic in Chinese society, in reality they are often living precarious and unstable lives, in contrast to the tasteful old age they had imagined.   

2024-11-29

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[행사보고] 제 78회 글로벌 엑설런스 세미나: "U.S. Monetary Policy Spillover to Emerging Economy Corporate Bond Market"

[행사보고] 제 78회 글로벌 엑설런스 세미나 "U.S. Monetary Policy Spillover to Emerging Economy Corporate Bond Market"   강의명: U.S. Monetary Policy Spillover to Emerging Economy Corporate Bond Market 일시: 2024년 10월 18일 (금) 오후 12시-13시30분 장소: 서울대학교 국제대학원 140-1동 201호 Global Strategy Room 발표: 박종호 교수 (숭실대학교 경영학부) 사회: 오동철 교수 (서울대학교 국제대학원) 언어: 영어      The Seoul National University Institute of International Affairs held the “78th Global Excellence Seminar” on October 18, 2024 in the Global Strategy Room (Bldg. 140-1, Room 201). Seoul National University Graduate School of International Studies (SNU GSIS) Professor Dongchuhl Oh moderated the seminar, and Soongsil University Department of Business Administration Professor Jongho Park gave a presentation entitled “U.S. Monetary Policy Spillover to Emerging Economy Corporate Bond Market”. An abstract of Professor Park’s presentation is provided below   [Abstract]  Motivated by the substantial increase in foreign debt among the corporate sectors of emerging market economies (EMEs), we investigate the causal effects of U.S. monetary policy on corporate borrowing costs and risk premiums in international financial markets. Analyzing daily changes in corporate bond yields and risk premiums around Federal Open Market Committee (FOMC) meetings, we focus on transmission channels related to financial market frictions. Our study reveals two key findings. First, corporate borrowing costs respond to forward guidance and large-scale asset purchases. This response is driven not only by changes in safe asset returns and sovereign risks due to U.S. monetary policy but also by changes in firm-specific corporate rate risk premiums. Second, the excess bond premium—which is orthogonal to firms’ financial conditions—is affected by forward guidance and large-scale asset purchases, indicating the presence of the credit supply channel. Furthermore, the response of the excess bond premium is more pronounced when firms are highly levered, indicating the existence of the classic balance sheet channel and its interaction with the credit supply channel.  

2024-10-18

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[행사보고] 제 77회 글로벌 엑설런스 세미나: "The Generation Gap and Changing Democratic Values in South Korea: Youth Attitudes towards Strongman Leadership and Gender Equality"

[행사보고] 제 77회 글로벌 엑설런스 세미나 "The Generation Gap and Changing Democratic Values in South Korea: Youth Attitudes towards Strongman Leadership and Gender Equality"   강의명: The Generation Gap and Changing Democratic Values in South Korea: Youth Attitudes towards Strongman Leadership and Gender Equality 일시: 2024년 09월 27일 (금) 오후 12시 - 13시 30분 장소: 서울대학교 국제대학원 140-1동 201호 Global Strategy Room 발표: 김해나 교수 (서강대학교 국제대학원) 사회: 송지연 교수 (서울대학교 국제대학원) 언어: 영어      The Seoul National University Institute of International Affairs held the “77th Global Excellence Seminar” on Sep 27th, 2024 in the Global Strategy Room (Bldg. 140-1, Room 201). Seoul National University Graduate School of International Studies (SNU GSIS) Professor Jiyeoun Song moderated the seminar, and Sogang University Graduate School of International Studies Professor Kim Hannah June gave a presentation entitled “The Generation Gap and Changing Democratic Values in South Korea: Youth Attitudes towards Strongman Leadership and Gender Equality.” An abstract of Professor Kim’s presentation is provided below.   [Abstract]  Recent studies suggest that young individuals living in consolidated democracies are increasingly disillusioned with liberal democratic institutions and becoming open to regime alternatives. This study investigates the resilience of democracy in South Korea by examining the orientations of the general public and their support for democratic norms. It argues that support for democracy is declining and that elite rhetoric influences emotions and attitudes towards democracy, particularly among young individuals. An original survey experiment using fictional political leaders and varying messages regarding democratic leadership and gender equality show that young individuals are less likely to support both democratic leadership and gender equality when exposed to negative messages regarding both. The findings thus prompt a reconsideration of the performance and resilience of democracy in the country in the years to come.  

2024-10-08

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[행사보고] 제 76회 글로벌 엑설런스 세미나: "Convergence or Isomorphism?: Revisiting the Brussels Effect on Data Privacy legislation in EU, US, and China"

[행사보고] 제 76회 글로벌 엑설런스 세미나 "Convergence or Isomorphism?: Revisiting the Brussels Effect on Data Privacy legislation in EU, US, and China"   강의명: Convergence or Isomorphism?: Revisiting the Brussels Effect on Data Privacy legislation in EU, US, and China 일시: 2024년 05월 31일(금) 오후 12시 – 13시30분 장소: 서울대학교 국제대학원 140-1동 201호 Global Strategy Room 발표: 문용일 교수 (서울시립대학교 국제관계학과) 사회: 송지연 교수 (서울대학교 국제대학원) 언어: 영어      The Seoul National University Institute of International Affairs held the “76th Global Excellence Seminar” on May 31, 2024 in the Global Strategy Room (Bldg. 140-1, Room 201). Seoul National University Graduate School of International Studies (SNU GSIS) Professor Jiyeoun Song moderated the seminar, and University of Seoul Professor Yong-il Moon gave a presentation entitled “Convergence or Isomorphism?: Revisiting the Brussels Effect on Data Privacy Legislation in the EU, US, and China.” An abstract of Professor Moon’s presentation is provided below.   [Abstract]  Data privacy laws in many states, including the US and China, now seemed to be following the EU’s rights-based model. Some emphasize that the EU’s large consumer market with strong regulatory institutions enables this kind of Brussels effect. However, while focusing more on the normative aspect of the Brussels effect, I argue that the similarity in data privacy legislation across countries results from institutional isomorphism rather than normative convergence. While EU’s GDPR legislates the protection of data privacy as a fundamental right, there is no federal-level comprehensive privacy law in the US. Despite a series of data privacy legislations at the state level, a rights-based data privacy model like GDPR has not been internalized, partly because of the American patchwork framework and partly due to the lack of legitimacy of data privacy right as fundamental rights. On the contrary, despite the strong similarity between China’s 2021 privacy law and the GDPR, Chinese legislation of data privacy enhances both the capacity and legitimacy of governmental control over data and the private-sector. As a result, data privacy laws in the EU, US, and China are very different in essence despite their substantial institutional resemblance.  

2024-06-03

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[행사보고] 제 75회 글로벌 엑설런스 세미나: "The Long Shadow of Partisan Hostility: How Affective Polarization Hinders Democracies‘ Ability to Rein In Their Largest Climate Polluters"

[행사보고] 제 75회 글로벌 엑설런스 세미나 "The Long Shadow of Partisan Hostility: How Affective Polarization Hinders Democracies‘ Ability to Rein In Their Largest Climate Polluters"   강의명: The Long Shadow of Partisan Hostility: How Affective Polarization Hinders Democracies' Ability to Rein In Their Largest Climate Polluters 일시: 2024년 05월 23일(목) 오후 12시 – 13시30분 장소: 서울대학교 국제대학원 140-1동 201호 Global Strategy Room 발표: Wesley Longhofer 교수 (Goizueta Business School, Emory University) 사회: 윤세미 교수 (서울대학교 국제대학원) 언어: 영어      The Seoul National University Institute of International Affairs held the “75th Global Excellence Seminar” on May 23, 2024 in the Global Strategy Room (Bldg. 140-1, Room 201). Seoul National University Graduate School of International Studies (SNU GSIS) Professor Yoon Semee moderated the seminar, and Goizueta Business School at Emory University Professor Wesley Longhofer gave a presentation entitled “The Long Shadow of Partisan Hostility: How Affective Polarization Hinders Democracies’ Ability to Rein in their Largest Climate Polluters.” An abstract of Professor Longhofer’s presentation is provided below.   [Abstract] Studies in sociology and sister disciplines have extensively analyzed how right- and left-wing parties’ ideological differences shape public opinion about climate change and support for policies to mitigate greenhouse gas emissions. However, research has yet to investigate whether a new type of division - affective polarization or the tendency of citizens to distrust and dislike those from the opposing party - influences the emissions of major polluters and the ability of democracies’ existing policies and self-correcting systems to curb these actors' carbon discharges. Using a novel global database of over 23,000 power plants, we assess the impact of affective polarization on the environmental performance of the largest emitters of greenhouse gases. We find that after controlling for whether right- or left-wing parties are in power and other potential determinants of emissions, power plants release carbon dioxide at higher rates in democratic societies that have substantial levels of affective polarization. In democratic countries, affective polarization also diminishes the capacity of extant climate policies and systems of political constraints (e.g., checks and balances) to mitigate plants' emissions. These results hold across different modeling specifications, suggesting that partisan hostility hinders the ability of democracies throughout the world to control major climate polluters.  

2024-06-03

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