Seminar: Political Economy of Trade Liberalization: are interest groups different in Taiwan?
Wednesday 17 June 2015, 3pm-5pm, Room 2.22, Old Building
Taiwan is a trade dependent economy, but faces both external and internal obstacles to making free trade agreements. Externally, many trading partners are wary of Beijing’s opposition, while at home there is resistance to trade liberalization from special interest groups. Also, the deterioration of real wages in Taiwan, along with a high unemployment rate, has tended to generate suspicion of any trade deal which could plausibly enhance trade and economic growth.
In this talk, Peter Chow, professor of economics at the City University of New York and a former consultant at the World Bank, will address how Taiwan can adapt to the emerging trade blocs through comprehensive statecraft.