March 2010, U.S. Congressional Commission Testimony
It
is an honor for me to make my fourth appearance before this
Commission. The commercial and economic relationship across the Strait
of Taiwan has evolved dramatically since I first gave testimony on
these developments in August 2001. I commend the Commission for its
continued focus on this complex, but highly important, dynamic. As I
have consistently testified, the growing economic and commercial
interdependence between Taiwan and China has great significance for the
prosperity and stability of the Asia-Pacific region. The U.S. stakein
this dynamic is significant. U.S. prosperity and jobs depend directly
upon active engagement in this region of the world enjoying the most
robust current growth and the best long-term prospects for future
growth. U.S. security also depends directly on maintaining the
stability of the region and further advancing the prosperity supporting
the region’s stability. While far from Main Street, the Strait of
Taiwan is a fulcrum for vital U.S. interests. This Commission plays a
vital role in helping illuminate the economic dynamics behind the
headlines in this region.
As we meet, the triangular
security relationship between the United States, China and Taiwan is
again under some strain ...
Complete transcript available at the U.S. Congressional Commission for U.S.-China Economic and Security Review's website: Cooke March 18, 2010 Testimony
February 2010, China Brief (Jamestown Foundation)
The triangular
security relationship between the United States, China and Taiwan is under strain
again. The January 29 announcement of the $6.4 billion U.S. arms sales package
to Taiwan marks a low point, but no major change in direction, for a U.S.-China
relationship that began a downward spiral months ago. While not likely to cause
bilateral relations to nosedive, the arms package does add another dip to a
recently bumpy ride attributable to a host of issues ranging from Copenhagen
2009, the Iranian nuclear impasse to the Google debacle. What the analytical
tendency toward political factors tends to overlook, however, is the tectonics
of the economic reshaping of the U.S.-China-Taiwan strategic triangle over
recent years, trends accelerated sharply by the conditions of the global
recession throughout 2009. Nothing makes the salience of these economic factors
clearer than the elements of carefully calibrated outrage, which Beijing has
voiced over Obama’s arms package to Taiwan. An overview of the economic
underpinnings of each leg of the U.S.-China-Taiwan relationship reveals the
recession-accentuated sources of strain in this strategic triangle.
Original article: http://www.jamestown.org/programs/chinabrief/single/?tx_ttnews[tt_news]=36054&tx_ttnews[backPid]=25&cHash=caf8792debNovember 2009, Foreign Policy Research InstituteIn this collection of essays on the Hu-Obama Summit, Terry Cooke examines U.S.-China engagement on climate change issues. He finds significant promise in recent moves toward cooperation, high-level political attention and innovation in the institutional structures for bilateral engagement, but he sees dim prospects for a breakthrough at the summit and before the UN’s December climate change meeting in Copenhagen and considerable need for further institutional reform on the U.S. side.Original article:
http://www.fpri.org/pubs/Obama-Hu.Summit.pdfNovember 2009, Brookings Institution In the inaugural installment of The Brookings Institution's (CNAPS’s) Taiwan-U.S. Quarterly Analysis series,
Terry Cooke explores the causes and effects of Taiwan’s pursuit of
economic normalization with China. Articles in this series will be
written by leading experts on the U.S.-Taiwan relationship and will
contain in-depth analysis of bilateral and multilateral policy
challenges for Taipei and Washington.Original article:
http://www.brookings.edu/opinions/2009/11_taiwan_economy_cooke.aspx Introduction to Private Equity in China: 2009 Tianjin Report
As
the global economy bottoms out from a 'once in a lifetime' global
recession, the issue of the privatization of global economic activity
remains at the center of corporate, governmental and public attention.
As
a trend-line, the steady rise of private equity transactions as a share
of global economic activity has abated somewhat as governments in the
U.S., U.K., and elsewhere have injected public funds to stabilize their
economies in late 2008 and in 2009. Likewise, the global spread of
private equity LBO transactions has, over the past year, slowed its
rapid two decade-long advance in Continental Europe and Asia (not to
mention the U.S. and U.K. markets where these structures were pioneered
in the 1970s).
Despite current fall-off in these indices of the
growth of the private equity industry worldwide, the issue of the
privatization of global economic activity remains at the forefront of
attention for industry leaders, policy-makers, other key stakeholders,
and public audiences for a simple reason: the private equity model
offers a potential life-line in various economies as government leaders
struggle to extricate their economies from the global recession and
re-tool their economies for a post-recession landscape ...
For full article, see:
Cooke Introduction to Private Equity in China: 2009 Tianjin Report Note:
This article is from the Private Equity in China: 2009 Tianjin Report
authored by Patrick Hurley, Telu Tsai and Jian Zhang, copyright 2009
MidMarket Capital Advisors, LLC. Readers interested in contacting the
authors in connection with the China International Private Equity Forum
2010 are invited to send an email via this website which will be
forwarded to the authors.