Earlier this year Taiwanese President Ma Ying-jeou announced that his government is pursuing an economic cooperation agreement framework (ECFA) with China. The details of the prospective deal are as yet unclear, but many expect that it will be akin to a free trade agreement (FTA). Taiwan’s pursuit of an ECFA
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is not surprising given Asia’s growing number of intra- and extra-regional free trade accords. China’s FTA with the Association of Southeast Asian Nations comes into effect next year and there are ongoing negotiations for South Korea–Japan and South Korea–European Union FTAs, to name a few. The proliferation of free trade in Asia is a promising sign for that region’s continued economic development, though the long-term effects may not be entirely positive for all concerned parties.
What are the ECFA’s implications for Taiwan and the United States? How will the various new FTAs impact Taiwan? How will they affect the American economy? What are the strategic implications of a growing web of FTAs, of which the United States is not a part? At this AEI event on September 21, leading scholars will offer their insights on these pressing questions.
| 9:15 a.m. | Registration | |
| 9:30 | Panel I: The Taiwan-China ECFA: Implications for Taiwan and the United States | |
| Panelists: | Claude Barfield, AEI | |
| Rupert Hammond-Chambers, U.S.-Taiwan Business Council | ||
| Daniel Rosen, Peterson Institute for International Economics | ||
| Moderator: | Philip Levy, AEI | |
| 10:45 | Panel II: Free Trade Proliferation in Asia: Economic and Strategic Implications |
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| Panelists: | Ellen Frost, Peterson Institute for International Economics | |
| Ernest Preeg, Manufacturers Alliance/MAPI |
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| Moderator: | Dan Blumenthal, AEI |
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| 12:00 p.m. | Adjournment |
Dan Blumenthal joined AEI in November 2004 as a resident fellow in Asian studies. He has served on the U.S.-China Economic and Security Review Commission since 2005, serving as vice chairman in 2007, and as a member of the Academic Advisory Board for the Congressional U.S.-China Working Group. Previously, Mr. Blumenthal was senior director for China, Taiwan, and Mongolia in the Office of the Secretary of Defense for International Security Affairs during the first George W. Bush administration. At AEI, Mr. Blumenthal focuses on Asian security issues. He has written articles and op-eds for the Washington Post, the Wall Street Journal, Newsweek, The Weekly Standard, National Review, and numerous edited volumes. He is currently working on a book that examines domestic influences on Chinese policymaking.
Claude Barfield is a resident scholar at AEI. He is the author or editor of a number of books on trade and science policy, including Free Trade, Sovereignty, Democracy: The Future of the World Trade Organization (AEI Press, 2001). In 1999, he coauthored Tiger by the Tail: China and the World Trade Organization (AEI Press) with Mark Groombridge. Mr. Barfield is working with Andrei Zlate on the forthcoming AEI Press book The Eagle and the Dragon: The United States, China, and the Rise of Asian Regionalism. Before coming to AEI, he served in the Gerald R. Ford administration on the staff of the Senate Governmental Affairs Committee and as a co-staff director of the President’s Commission for a National Agenda for the Eighties.
Ellen Frost is a visiting fellow at the Peterson Institute for International Economics and an adjunct research fellow at the National Defense University's Institute of National Strategic Studies. Her most recent book is Asia's New Regionalism (Lynne Rienner Publishers, 2008). Frost has served in the U.S. government as counselor to the US Trade Representative (1993-95), deputy assistant secretary of defense for International Economic and Technology Affairs (1977-81), various positions in the Treasury Department (1974-77) and the State Department (1963), and as a legislative assistant in the U.S. Senate (1972-74). During the 1980s she worked for two multinational corporations. In addition to her new book, she is the author of For Richer, For Poorer: The New U.S.-Japan Relationship (Council on Foreign Relations, 1987), Transatlantic Trade: A Strategic Agenda (1997), and numerous articles and chapters. Frost is a member of the Council on Foreign Relations, the International Institute of Strategic Studies, the U.S. committee of CSCAP (Council on Security Cooperation in Asia Pacific), and the Public Diplomacy Council.
Rupert Hammond-Chambers was appointed president of the U.S.-Taiwan Business Council in 2000, and he has worked to develop the council's role as a partner for American businesses in Asia. Mr. Hammond-Chambers has worked for the council since October 1994, following a position as an associate for development at the Center for Security Policy. He sits on the advisory boards of Redwood Partners International, the Sabatier Group, and the Pacific Star Fund. He is a trustee of Fettes College and a member of the National Committee on United States-China Relations and the Council on Foreign Relations.
Murray Hiebert serves as the U.S. Chamber of Commerce’s senior director for Asia. Hiebert also heads up the Chamber’s Southeast Asia team. Prior to joining the Chamber, Hiebert worked as a journalist in Southeast Asia and China with the Wall Street Journal and Far Eastern Economic Review for two decades.
Philip I. Levy studies international trade and development at AEI. Before joining AEI, he handled international economic issues as a member of the secretary of state’s policy planning staff (2005-2006), was senior economist for trade on the President’s Council of Economic Advisers (2003-2005), and was a faculty member in Yale University’s department of economics (1994-2003). An economist by training, he has experience in many international trade and development policy issues, including free trade agreements, trade with China, antidumping policy, welfare effects of globalization, U.S. foreign assistance policy, and economic development policy.
Ernest H. Preeg is currently an adjunct fellow with Hudson Institute and a senior fellow in trade and productivity for Manufacturers Alliance/MAPI. For more than 25 years, he was a foreign service officer, serving as American ambassador to Haiti, deputy assistant secretary of state for International Finance and Development, chief economist at the U.S. Agency for International Development, and executive director of the White House Economic Policy Group. His principal Hudson project was a study of the causes of the chronic U.S. trade deficit and the need for a new financial architecture. Mr. Preeg formerly worked at several other public policy organizations, including the Council on Foreign Relations, the Brookings Institution, and the Center for Strategic and International Studies. His first career was in the U.S. merchant marine, rising from ordinary seaman to chief mate oceans.
Daniel H. Rosen is an economic advisor specializing in China’s commercial development, and writes and speaks extensively on U.S.-China economic relations. He is the principal of Rhodium Group (RHG), a specialized practice helping decision-makers in the public and private sectors analyze and understand commercial, economic and policy trends in greater China. Mr. Rosen is an adjunct associate professor at Columbia University, where his graduate seminar China’s New Marketplace is popular in preparation for China management careers. Mr. Rosen is a visiting fellow with the Peterson Institute for International Economics (PIIE) in Washington, D.C. His fourth book, on changes in China’s agro-businesses sector, was published by the Institute in July 2004; his fifth, on U.S.-Taiwan trade dynamics, was published in December 2004. His sixth, on the dynamics of China’s energy profile, is due out from the Institute in 2010. From 2000-2001 he was senior advisor for International Economic Policy at the White House National Economic Council (NEC), where he played a managing role in completing China’s accession to the World Trade Organization. Mr. Rosen was a Research Fellow at the Peterson Institute until 1999, when his book Behind the Open Door: Foreign Enterprises in the Chinese Marketplace was co-published by PIIE and the Council on Foreign Relations.
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