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    Taiwan: The Connection Between Economic Performance and Security

    This year marks the 20th anniversary of The Heritage Foundation/Wall Street Journal’s Index of Economic Freedom. It also marks the 35th year of a piece of legislation near and dear to the mission of The Heritage Foundation—the Taiwan Relations Act. Taiwan last year had one of the largest increases in … More

    More Trade, Please

    Some vocal critics of Trade Promotion Authority (TPA), which authorizes the President to negotiate trade agreements with other countries, argue that free trade harms U.S. workers. Economic experts disagree. In 2006, 87.5 percent of respondents to a survey of 210 PhD members of the American Economic Association agreed that the … More

    Promoting Economic Freedom in Asia: Time for Secretary Lew to Step Up

    U.S. Treasury Secretary Jack Lew is touring Asia this week. He will visit Japan, Singapore, Malaysia, and Vietnam and end with a much-anticipated visit to China. What should he be promoting while meeting with high-level officials in the region? Well, economic freedom, of course. Asia is home to some of … More

    U.S. Should Support Full Integration of Taiwan into Regional Economy

    A growing economic relationship between Taiwan and India would be a very positive development in Taiwan’s effort to become fully integrated into the regional economy. The U.S. should encourage it. Taiwan hopes that a recent report funded by India’s Ministry of External affairs and released by India’s Council for Research … More

    Accounting for Facts While Courting Vietnam

    Fact: When the United States negotiates trade agreements with countries that oppress their people, the opportunity exists to liberalize institutions and ultimately create political reform—provided we have leadership with the vision to do so. Seeking economic growth, the government of Vietnam is slowly liberalizing key economic sectors. Vietnam’s inclusion in … More

    Dealing the Right Cards in Japan's Upper-House Shuffle

    On Sunday, Prime Minister Shinzo Abe’s Liberal Democratic Party (LDP) took majority power in Japan’s upper house, giving his party majority control over both upper and lower houses. This presents an opportunity for the LDP to make the difficult changes necessary to turn its economy around and make it a … More

    “Everyday High Prices” Should Not Be Trade Agency’s Slogan

    Trans-Pacific Partnership (TPP) trade negotiations are taking place this week in Malaysia. Here’s a modest suggestion to help new U.S. Trade Representative Michael Froman bring the TPP to a successful conclusion: eliminate the position of Assistant U.S. Trade Representative for Textiles, a job that places the welfare of one special … More

    Include Taiwan in the Trans-Pacific Partnership

    “We do hope to [get] into TPP [Trans-Pacific Partnership] as early as possible,” said Mignonne Man-Jung Chan, former senior adviser to the President on Taiwan, at a recent event at The Heritage Foundation. Dr. Chan’s statement reflects the opinion of the Taiwanese government and key analysts who echo the sentiment … More

    Will the Currency Zombie Eat the Trans-Pacific Partnership?

    Currency manipulation is the issue that never dies. No matter how many times the link between exchange rates and American jobs is shown to be tenuous, the matter rises again like a zombie. In this case, it is Japan that has brought exchange rates back into the spotlight, as the … More

    Trade Promotion Authority: Make the Case

    Trade promotion authority (TPA) does several positive things. For one, it gives the President a window where Congress agrees to an up-or-down vote on trade agreements, without the possibility of amendments. It therefore raises the chances of a vote in favor of a deal and is generally welcomed by free … More