Derek M. Scissors is a resident scholar at the American Enterprise Institute (AEI), where he studies Asian economic issues and trends. In particular, he focuses on the Chinese and Indian economies and US economic relations with China and India. Scissors is also an adjunct professor at George Washington University, where he teaches a course on the Chinese economy.
Before joining AEI, Scissors was a senior research fellow in the Asian Studies Center at the Heritage Foundation. He has also worked in London for Intelligence Research Ltd., taught economics at Lingnan University in Hong Kong, and served as an action officer in international economics and energy for the US Department of Defense.
Scissors has a bachelor’s degree in economics from the University of Michigan, a master’s degree in economics from the University of Chicago, and a doctorate in international political economy from Stanford University.
Adjunct Professor in Chinese Economy, Department of Economics, Columbian College of Arts & Sciences, George Washington University, 2000–present
Senior Research Fellow in Economics, Asian Studies Center, Heritage Foundation, 2008–13
Economist Specializing in Chinese Economy, Intelligence Research Ltd., Courcy’s Intelligence Service, London, 1998–2008
Lecturer, Department of Economics, Lingnan University, Hong Kong, 1994–97
Action Officer in International Economics and Energy, International Security Affairs, Office of the Secretary of Defense, US Department of Defense, 1989–90
Ph.D., international political economy, Stanford University M.A., economics, University of Chicago A.B., economics, University of Michigan
Join us to hear Senator Jeff Flake (R-AZ), a member of the Senate Foreign Relations Committee, as he addresses the role Congress should play in expanding trade opportunities and increasing market access for US businesses. A panel will then discuss the current status of the TPP, trade promotion authority, and the Obama administration’s trade agenda.
U.S. Vice President Joe Biden's trip to Beijing this week was overshadowed by tensions arising from China's announcement of its air defense identification zone, a wide swath of the East China Sea, which includes territory administered by Japan. But increased Sino-American tension also has profound economic dimensions -- perhaps the most important being China's ownership of U.S. bonds.
The stunning potential of India as an economic partner for the U.S. seems to be getting further away rather than closer. India's own policies are the core problem and have been widely and properly criticized. But the U.S. is not helping. In particular, the American business community has adopted short-sighted positions.
The Chinese Communist Party will hold plenary meetings in a few weeks, taking up the matter of renewed reform in the world's second most important economy. While a grandiose announcement is guaranteed, China must have authentic and powerful economic reform to trigger another generation of rising wealth.
Conventional wisdom says that by many economic measurements, China isn't far behind the U.S. — and is catching up fast. But in one vital sector — energy — the U.S. leads and is pulling away. And the odds of this lead diminishing anytime soon, Beijing's current plans aside, are close to zero.
Taiwan punches well above its weight in the global economy. Even so, Taiwan has yet to undertake crucial domestic reforms in the regulation, finance, labor, and education realms that could launch its rise as a commercial hub in the Asian region.