Institute News

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Engaged with Asia

Since its modern era of growth started in 1979, China has become the world's largest exporter – and (in terms of purchasing power) the world's largest economy. Now, its restless investors have been itching to diversify their assets.

According to a new report from the Milken Institute, California stands to become one of the biggest beneficiaries. The title, "A Golden Opportunity with China: How California Can Become an Even Bigger Destination for Chinese Foreign Investment," says it all. "China plays an increasingly important role in California's economic future," explains Kevin Klowden, the Center's Executive Director. "Our report examines where the relationship is strongest and how leaders can bring further investment and jobs to California." Download it free at http://www.milkeninstitute.org/

Engaged with Asia (Part II)

The Institute's Singapore-based Asia Center recently announced two new Asia Fellows: Dino Patti Djalal, the former Indonesian ambassador to the United States and one of Indonesia's foremost foreign-policy experts, and Reuben Abraham, the CEO of IDFC Institute, a Mumbai-based think tank. Djalal and Abraham join Curtis Chin, the former U.S. ambassador to the Asian Development Bank, and Kotaro Tamura, a former Japanese senator, as Asia Fellows, expanding the Center's network of regional expertise.

Undue Burden

The Institute's increasing focus on public health issues is reflected in its research output. A recent report, "The Price Women Pay for Dementia: Strategies to Ease Gender Disparity and Economic Costs," details the burden of dementia on women, both as patients and caregivers. With the rapid increase in older Americans, the number of women with the condition and those serving as informal caregivers will continue to escalate, and will cost the economy a cumulative $5.1 trillion (in 2012 dollars) through 2040.

Download the report at the Institute's website. Or read a summary in this issue of the Review, on p. 90.

Congrats, Greg Simon

Vice President Joe Biden has named Greg Simon to lead the National Cancer Institute's national cancer "moonshot" initiative. Simon was the founding president of FasterCures, the Institute center that brings diverse stakeholders together to improve the medical research system. "Greg is undaunted by challenges," says Margaret Anderson, the current head of FasterCures. "His professional and personal experiences make him a strong and passionate leader to accelerate the vice president's vision of accelerating cancer research efforts."