Taiwan and the Trans-Pacific Partnership: Issues and Opportunities | Brookings Institution
for podcast of seminar.
Over the last 50 years, Taiwan has transformed itself from a
developing society into an advanced economy and vibrant democracy. But
because of political issues it remains mostly excluded from the wave
trade agreements sweeping the Asia Pacific region. This exclusion
threatens to shield Taiwan from the forces driving economic
liberalization and to undermine its competitiveness. In a recent series of papers,
Brookings experts Richard Bush and Joshua Meltzer argue that
participating in trade agreements―and in particular the Trans-Pacific
Partnership (TPP)―is key for Taiwan, not only for the market access
opportunities but as an impetus for enhanced economic policies. TPP
membership for Taiwan would also benefit the regional and global trading
systems, ensuring inclusion for a major trade partner and a critical
link in global supply chains.
On November 20, the Center for East Asia Policy Studies
(CEAP) hosted a public seminar examining Taiwan’s prospects for and
implications of participation in the Trans-Pacific Partnership. The
seminar brought together leading experts and practitioners from the
United States and Taiwan to identify and analyze the internal and
external obstacles to Taiwan’s participation in TPP, and also the
expected results of that participation. Panelists discussed how the TPP
will impact Taiwan and how Taiwan’s participation could shape this and
other multilateral trade agreements.
See my previous entries on Taiwan and the TPP.
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