Daniel Price '77 Challenging Politics of International Trade: Is it all about China?Daniel Price '77 Challenging Politics of International Trade: Is it all about China?http://www.haverford.edu/calendar/details/158212Chase Auditorium2010-11-18T19:30:002010-11-18T21:00:00
November 18, 7:30PM–9:00PM
Time: 7:30 - 9:30pm
The Department of Economics and the Center for Peace and Global Citizenship at Haverford College are pleased to present Daniel Price '77, former U.S. Trade Negotiator and White House International Economic Policy Advisor, for a talk entitled, The Challenging Politics of International Trade: Is it all About China?
Dan Price is Senior Partner for Global Issues, Sidley Austin and served as Assistant to the President and Deputy National Security Advisor for International Economic Affairs in the Bush Administration. His role as senior White House official in charge of international economic issues encompassed international trade and investment negotiations, international aspects of financial system reform, energy security, and climate change. In addition to his experience as the President's personal representative to the G-8, and G-20 Financial Summit, and the APEC Forum, Dan has counseled multinational companies, financial institutions, and trade associations on market access, services, investment, and sanctions issues arising in intergovernmental negotiations. He has also advised companies and governments in disputes arising under international trade agreements and investment treaties such as the WTO and NAFTA. Dan Price has extensive experience as arbitrator in precedent-setting disputes under all major international arbitration rules.
In his lecture on the politics of international trade and the lure of protectionism in recessionary times, Dan Price will discuss why trade is so difficult and politically sensitive, focusing on the impact on trade negotiations and trade politics of the rise of the emerging markets as key players. We can see these issues being played out today in the discussions about the Korean Free Trade Agreement (and President Obama's commitment to conclude negotiations by the currently ongoing Seoul G20 meetings in November 11-12, 2010), as well as the perennial disputes with China, now over currency, indigenous innovation, subsidies for clean technology, and export restraints. Against the backdrop of an economic downturn, the protectionist temptations (and thus challenges) are equally intensified.
In addition, Dan Price will share his insights and expertise on the issues surrounding international investment agreements (i.e. bilateral investment treaties and the investment chapters of FTAs). Currently, there are some 3,000 agreements presently in force. From the investor’s perspective, these agreements mitigate legal and political risk. In the view of the congressional democratic caucus, NGO and labor communities, these agreements are often seen as posing a risk to the regulatory authority of the host state. This debate has played out in NAFTA and continues to this day as the U.S. and EU struggle to formulate a model text that satisfies the many interests at stake. As a chief negotiator of such instruments while in the U.S. government, Dan has represented both claimant companies and respondent states in disputes under such treaties, and has served as an arbitrator in hearing many such cases.
Tea and refreshments will be served before the talk.
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