CONTACT: LOIS GRAY
Iowa City IA 52242
First UI Global Scholar to discuss research on changing Asian economies
IOWA CITY, Iowa -- The first University of Iowa Global Scholar, William
Albrecht, will present the results of his research on Asian economies at
the Inaugural Global Scholar Lecture and Reception April 22 at 7 p.m. in
the Atrium of First National Bank, 204 East Washington Street. The event
is free and open to the public.
The title of Albrecht's speech is "Do Financial Markets Matter?
Some Lessons From Asia ," or, "How to Turn a Tiger Into a Stray
Cat." The event is co-sponsored by the Iowa City Foreign Relations
Council and UI International Programs.
Albrecht, a professor of economics in the UI College of Business Administration,
spent one semester of each of the last two academic years conducting research
on development of futures and options exchanges in Malaysia, South Korea,
Taiwan and Thailand (often referred to as Asian Tigers). His research focused
on three areas: the interaction between government and the private sector
in developing these exchanges; the role of futures and option exchange
in financial development; and the role of financial markets and institutions
in economic development.
While in the four countries, Albrecht interviewed government officials
and many financial market participants to get their perspectives on these
three issues. In the year between Albrecht's two visits, the economic and
financial situation in each country, except Taiwan, changed dramatically.
Thus, on his second visit much of the conversation during the interviews
dealt with the reasons for this change. Albrecht's lecture will outline
the conclusions he has reached concerning the causes of the economic and
financial crises in the erstwhile "Asian tigers."
The evening will begin with a reception followed by Albrecht's lecture
and a question and answer session. For more information or accommodation,
please contact Marie Williamson at 335-2651.
The Global Scholar Award was created in 1996 to provide tenured faculty
members with established records of research and teaching and with an opportunity
to consider their research and teaching in relation to significant global
trends. The awards are intended for scholars who have not focused their
teaching or research internationally, and who now seek to expand their
work to include global trends.
Recipients of the Global Scholar award are released from half their
usual teaching, advising, administrative and service obligations for two
consecutive years. The award takes the form of a developmental assignment
for one semester each year, part of which will be spent in one or more
foreign countries. Albrecht was named the first Global Scholar in 1996.
The 1997 recipient was Malcolm Rohrbough, UI professor of history. This
year's recipient is Kristine Fitch, UI associate professor of communication
The Global Scholar Awards are administered by the Office of the UI Associate
Dean of International Programs. For more information, call Elizabeth Swanson
at 335-0349, visit her in Room 227A in the International Center or email
her at email@example.com
UI International Programs consist of a number of offices, centers, degree
programs, academic programs, research projects and services. Organized
under the associate provost and dean of International Programs, these units
serve to further internationalize the campus and community and promote
global scholarship, research and teaching.