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US analysts urge Washington to pay attention to ECFA

While the Economic Cooperation Framework Agreement (ECFA) will have modest global economic effects, the geo-economic implications are significant enough to demand strategic attention from the US, two US international economists said in a recent study.

Daniel Rosen and Zhi Wang of the Washington-based Peterson Institute for International Economics wrote that the ECFA underscores the importance of securing US economic engagement of the first order in Asia.

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US may be considering Asia-Pacific policy shift

Former US deputy assistant secretary of state for East Asia Randy Schriver said that US President Barack Obama’s administration may be “on the verge” of changing its policies toward Taiwan and the Asia-Pacific region as a whole.

While not spelling out the possible change in detail, Schriver strongly hinted that it could result in a Taiwan arms sale freeze.

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Newsflash


Young men and women hold up bitter gourds outside the National Taiwan Museum in the 228 Peace Memorial Park in Taipei yesterday at a gathering organized by youth groups to express young people’s grievances. Their headbands read: “We will never give up!”
Photo: Liao Chen-huei, Taipei Times

Most of the nation’s young people feel pessimistic about the country’s future under the leadership of President Ma Ying-jeou (馬英九), a survey found.

However, a majority of the respondents said they were still confident that they could bring about change.

More than 100 young people joined representatives from the Taiwan Youth Climate Coalition, Across the Ocean 181 coffee shop, popular bulletin board system PTT and the Taiwan Alliance for Advancement of Youth Rights and Welfare (TAAYRW) in a rally held outside the National Taiwan Museum in Taipei yesterday as they released results of a survey.