Thu, Aug 23, 2012 - Page 8 News List

Take action now, don’t wait for TPP

By Tung Chen-yuan 童振源

The time is ripe for the government to be taking concrete action and proposing comprehensive plans, not coming on like a broken record about how our failure to join the TPP is seriously damaging our economy.

First, it should be broaching talks on joining the TPP with member nations. Second, it ought to be doing more to promote economic deregulation, not just in trade of commercial products but also in the services industries, investment and other fields. Finally, the government needs to, as soon as possible, consolidate a national consensus on what is in the national interest, and make positive moves toward talks on joining the TPP. Only then can we join the TPP before the eight years are up.

Tung Chen-yuan is a professor at National Chengchi University’s Graduate Institute of Development Studies.

Translated by Paul Cooper

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