分組召集人: 生醫組:莊德茂院士 (De-Maw Chuang, Ph.D.) 能源組:許翼雲博士 (Yi-Yun Hsu, Ph.D.) 經濟組:李五郎博士 (Wu-Lang Lee, Ph.D.) The Chinese-American Professionals Association of Metropolitan Washington, D.C., USA (CAPA) P.O. Box 1501 Rockville, MD 20849 E-Mail: capa.dc@gmail.com Website: http://www.capadc.org 2009 年度華府國建聯誼會 幹事會 Executive Committee 顧 問 Advisors 會 長:陳明珠 Joanna Lin 林正英 Jeng-Eng Lin 副會長:張文進 James Chang 吳東麟 Thomas Wu 會 籍:葉淑美 Grace Wei 鄧德成 Apollo Teng 企 劃:涂曼麗 Julia Liu 郭麗美 Li-Mei Kuo 財 務:黃秉驥 Bing-Jib Huang 秘 書:張景杰 George Chang 公 關:黃瑞禮 Ray Hwang Non-profit Tax-exempt Organization Tax ID: 52-1385138 議程手冊編輯:黃瑞禮 華府國建聯誼會 2009 年學術研討會 CAPA 2009 Annual Symposium 新挑戰、新展望 New Challenge · New Outlook Program 議程 8:30-9:00 Registration and Coffee/Tea -- 報到註冊 9:00-9:05 CAPA President’s Welcoming Remarks 會長致歡迎詞 9:05-9:15 TECRO Representative’s Remarks 中華民國駐美代表致詞 9:15-9:20 Conference Chair’s Opening Remarks 總召集人致開幕詞 De-Maw Chuang 莊德茂 9:20-10:10 Keynote Speech: “Scientific and Social Perspectives from an Asian Virologist” 專題演講: 「一位亞裔病毒學家的科學觀與社會觀」 Kuan-Teh Jeang 蔣觀德 10:10-10:20 Break -- 休息 10:20-12:00 Forum on Biomedical Science: Recent Advances 生醫組: 生物醫學最新的發展 “Challenge of Curing Cancer with a New Approach” 「治癌的新看法及策劃」 “Potential of Stem Cell Therapy in Neurological Diseases” 「使用幹細胞療法治療神經疾病的可行性」 “Nanomedicine: A Giant Leap for Medicine” 「奈米醫學:醫學上的大躍進」 12:00-12:50 Lunch -- 午餐 12:50-2:20 Forum on Energy: The Two Sources That Can Slow Down Global Warming 能源組: 緩和地球暖化的兩種能源 “Conversion of Cellulosic Waste into Fuels and 2 Joanna Lin 陳明珠 Jason Yuan 袁健生 Chair: De-Maw Chuang 召集人:莊德茂 Ru-Chih Huang 黃周汝吉 Li-Kai Tsai 蔡力凱 Kuan Wang 王寬 Chair: Yih-yun Hsu 召集人: 許翼雲 Chemicals” 「廢棄物轉化能源」 George T. Tsao 曹祖寧 “Overview of Nuclear Power Plant Operations” 「核能發電概觀」 2:20-2:30 Pao-Tsin Kuo 郭寶金 Break -- 休息 2:30-4:45 Forum on E Forum on Economics: Trading Arrangements, Investment, and State of the Economy in the U.S. and Taiwan 經濟組: 貿易協定、投資、及美台經濟現況 “The Economic Costs and Benefits of Investing in China by Taiwan’s Companies” 「台商在中國投資的經濟成本與效益」 Chair: Wu-Lang Lee 召集人: 李五郎 Charles Ou 歐昭惠 “ECFA – Regional and Global Perspectives” 「從區域性與全球性的角度看台、中經濟合作架構 協議」 Peter CY Chow 周鉅原 “State of the U.S. and Taiwan Economies: Some Cyclical Perspectives” 「從景氣循環角度看台、美經濟現況」 Yin-Kann Wen and Wu-Lang Lee 4:45-4:55 Summary and Concluding Remarks 結語 De-Maw Chuang 莊德茂 4:55-5:00 Closing Remarks 閉幕語 溫英幹與李五郎 Julia Liu 涂曼麗 3 Keynote Speech: Scientific and Social Perspectives from an Asian Virologist 一位亞裔病毒學家的科學觀與社會觀 Kuan-Teh Jeang, M.D. Ph.D. Abstract As we move into the 21st century, some things are changing while others remain the same. Unlike the 20th century, the 21st century is referred to by many as the “Pacific century”, suggesting that the epicenter of economics, science, and social advances is shifting towards the Pacific rim countries. Thus, for Asians this is a time of great responsibility and opportunities. In this context, from the vantage point of an Asian American virologist, born in Asia but educated since childhood in the US, what are the important scientific and social topics worthy of discussion?. First, an unchanging topic of significant pandemic importance remains the scourge of HIV-1/AIDS which will likely accelerate in Asia in the coming years. Second, Asian scientists in America are increasingly significant in number and productivity, and will face important leadership choices and challenges. Dr. Jeang will his offer personal reflections on both subjects. Kuan-Teh Jeang, M.D. Ph.D. (蔣觀德院士) Dr. eang received his M.D. and Ph.D. degrees from the Johns Hopkins University School of Medicine (Baltimore, USA). Since 1985, Dr. Jeang has been at the National Institutes of Health (Bethesda, USA). He is currently the Head of the Molecular Virology Section in the Laboratory of Molecular Microbiology, NIAID. Dr. Jeang has published over 250 peer-reviewed articles, cited over 11,500 times, and has an H-index of 59. His research interests focus on the gene regulation of HIV and how HTLV-1 causes leukemia. He is the President-Elect of the Society of Chinese Bioscientists in America (SCBA), a three-term editorial board member of the JBC, the Editor-in-Chief of Retrovirology, an Academician of Academia Sinica, and an elected Fellow of the AAAS, the ASCI, and the AAP. Dr. Jeang was a recent past Councilor of the ASBMB. He is the 2009 recipient of the Woodrow Wilson Award for Distinguished Government Service from the Johns Hopkins University Alumni Association. 4 Forum on Biomedical Science: Recent Advances 生醫組: 生物醫學最新的發展 Chaired by De-Maw Chuang Speakers: Ru-Chih Huang, Li-Kai Tsai and Kuan Wang Abstract In recent years, there has been remarkable progress in research in the biomedical sciences. Genetic loci and disease-causing genes have been identified for a vast number of illnesses. Disease pathophysiology and pathogenesis are now globally better understood. Much improved techniques have been developed for preclinical experimentation, drug development, disease diagnosis and treatment. Nanotechnology has proven to be an invaluable tool for drug delivery, drug discovery, disease diagnosis and regenerative medicine. Stem cell transplantation has been shown to have strong beneficial effects in multiple animal models and some clinical settings of neurodegenerative diseases, raising the hope that this could be “a fountain of youth”. Novel drugs and new treatments have been developed and some are already in clinical trials for hard-to-treat diseases such as terameprocol for cancer. In this session, three outstanding researchers, Drs. Ru-Chih Huang from Johns Hopkins University, Li-Kai Tsai from National Taiwan University Hospital and Kuan Wang from the National Institutes of Health, will address the new opportunities and new challenges in these important areas of biomedical research. De-Maw Chuang, Ph.D. (莊德茂院士) Dr. De-Maw Chuang received his B.S. degree from National Taiwan University and Ph.D. degree from the State University of New York at Stony Brook. He is currently the Chief of the Molecular Neurobiology Section at the National Institute of Mental Health, National Institutes of Health in Bethesda, MD. He is considered to be a world expert in the area of neurobiology of mood stabilizers, and has published over 230 papers in peer-reviewed journals and books. He has received many honors and awards, including the NIH Director’s Award in 1997 in recognition of “his superb leadership and innovative research which advances the understanding of basic mechanisms involved in neurodegenerative and neuropsychiatric disorders”. He is also the recipient of the 2002 NARSAD Distinguished Investigator Award. He was inducted to the Academia Sinica in Taiwan in 2006. He served as the past President of CAPA and the Society of Chinese Neuroscientists in America as well as the Secretary of the Society of Chinese Biologists in America. Currently, he is a member of the advisory board of the Institute of Biomedical Science, Academia Sinica, and the Mental Health/Neuroscience Division of the National Research Health Institute in Taiwan. 5 Challenge of Curing Cancer with a New Approach 治癌的新看法及策劃 Ru-Chih Huang, Ph. D. 報告摘要 癌細胞是起源於人體之正常細胞。在繁殖過程中,癌細胞不斷地發生基因變異,而發展至腫瘤 階段時,癌細胞群內的各個細胞已發展出不同的細胞型態,因此,對於藥物的反應也不盡相 同,甚至有部分的細胞已不受藥物之控制,仍持續進行快速分裂。目前,發展治癌藥之瓶頸在 於癌細胞有極強的抗藥性,為了控制生長極為快速的癌細胞,往往須增大藥量,故無法避免對 正常細胞的傷害。黃教授實驗室自 1990 年代首次發表抗病毒、抗癌新藥 TERAMEPROCOL (M4N) 之學術論文。M4N 之抗癌原理並非以生長蛋白為標靶,而是改以防止基因轉錄的方式來降低癌 細胞過量蛋白的含量。M4N 源自藥用植物,並有數千年之使用歷史,在抑制癌細胞快速繁殖的 同時,也不會傷害正常細胞。ERIMOS 公司已完成多種抗癌治療之第一/二期之臨床試驗,證明 其具有穩定的抗癌效果。在單藥使用上,M4N 在口腔癌、子宮頸癌、卵巢癌及血癌之療效顯 著。根據最新臨床前研究成果顯示,將 M4N 與 ETOPOSIDE 或 RAPAMYCIN 合用,可對數種腫瘤 具有抑制癌細胞生長及擴散之效果,目前人體抗癌的臨床實驗尚待進行中。 Ru-Chih Huang, Ph.D. (黃周汝吉 院士) 黃周汝吉女士於 1953 年畢業於國立台灣大學,並通過考試院高等 考試。而在 1960 年獲得俄亥俄州立大學生物化學博士學位後,即 進入加州理工學院擔任研究員一職,共歷時五年。而後,黃周汝 吉女士獲聘為約翰霍普金斯大學生物系教授,並任教至今。黃教 授之研究著重在染色體結構與基因表現,研究成果豐碩並擁有多 項專利、著作,其受聘為美國國家衛生院諮詢委員前後十五餘 年。1980 年代,黃教授曾應國家的邀請,回國短期服務,期間黃 教授會同國內外之相關學者,創立了中央研究院分子生物研究 所,造就了許多日後發展國家生物基礎科學之棟樑。1982 年,黃 周汝吉女士當選中央研究院院士,且於同年獲頒美國傑出科學家 獎。1985 年更獲收錄為美國十大女科學家傳記名錄。基於黃教授 在其領域的卓越貢獻,2001 年獲約翰霍普金斯大學 Legacy of Science 之殊榮。近年來,黃教授的研究重心為藉由化學分子的作用以改變基因啟動子於染色體 上的結構,進而達到抑制愛滋病毒與癌細胞繁殖的目的。 6 Potential of Stem Cell Therapy in Neurological Diseases 使用幹細胞療法治療神經疾病的可行性 Li-Kai Tsai, M.D. Abstract Stem cells feature high proliferation, differentiation, and migratory capacity, which contribute to their beneficial effects in animal models of neurological diseases. Currently, stem cells can be obtained not only from embryos, but also naturally from adult tissues. They can even be generated artificially from mature cells such as human skin fibroblasts. In neurodegenerative disorders, neurons die continuously with progressive neurological deficits. Stem cells transplanted into affected brain or spinal cord regions have the potential to replace degenerated neurons and restore normal function in a variety of neurological disorders including Parkinson’s disease, Huntington’s disease, amyotrophic lateral sclerosis, and spinal cord injury. Moreover, certain stem cells have the ability to migrate toward an injured brain site and release neuroprotective and anti-inflammatory substances to combat neuronal death. Some stem cells, when injected into the blood stream, can even find their way to the injured brain and enhance functional recovery such as in cases of stroke and multiple sclerosis. Although there are still many obstacles such as safety issues to be overcome before clinical application, stem cells, like a fountain of youth, have a great potential to join into current medicine and bring hope for the future cure of neurological diseases. Li-Kai Tsai, M.D. (蔡力凱醫師) Dr. Li-Kai Tsai was born in Tainan, Taiwan. He graduated from National Taiwan University with an MD degree in 1999, and was trained as a neurologist at the National Taiwan University Hospital (NTUH). After receiving his license in neurology in 2003, he also did a training at the Department of Medical Genetics in NTUH. Currently, he is an attending staff member at the Department of Neurology, NTUH, and is taking a leave to conduct stem cell research at the National Institute of Mental Health, National Institutes of Health in Bethesda, MD. His research interests are in the areas of cerebrovascular and motor neuron diseases. In the last three years, he has had more than ten publications in clinical neurology and neuroscience, and has been invited to a number of international symposia. He was considered as one of the “Recommended Best Doctors” in Taiwan by Business Weekly in 2008. He was also granted the Best Publication Award by the Taiwan Stroke Society in 2005, and awarded an honorary membership to the Phi Tau Phi Scholastic Honor Society in 2008. 7 Nanomedicine: One Giant Leap for Medicine 奈米醫學:醫學上的大躍進 Kuan Wang, Ph.D. Abstract Nanomedicine is an emerging discipline that applies nanotechnology to medicine. It involves the design and fabrication of tiny bio-compatible materials and devices at the length of nanometers. Non-medical applications of nanotechnology are now well entrenched in the fields of energy, optics and computing devices. One major challenge in innovative medical applications is how to make the material/devices small, full-featured and “body-friendly”. Another key element of success is the requirement for a highly interdisciplinary scientific team including biologists, physicians, mathematicians, engineers and computer scientists that share the same vision, passion and a common language. In this brief talk, recent advances in drug delivery, drug discovery, diagnostics, in vivo imaging, stem-cell and regenerative medicine and toxicology as well as team-building will be highlighted. Kuan Wang, Ph.D. (王寬院士) Dr. Kuan Wang is currently the Lab Chief of the Laboratory of Muscle Biology and Section Head of the Muscle Proteomics and Nanotechnology Section at the National Institute of Arthritis and Musculoskeletal and Skin Diseases, National Institutes of Health. Dr. Wang was elected as an Academician of Academia Sinica in 2006. He serves as a member of the NIH Nanomedicine Roadmap Implementation Team. Dr. Wang received his B.S. degree from National Taiwan University in chemistry, and Ph.D. degree from Yale University in biochemistry and biophysics. His research team investigates muscle proteome, muscle physiology, mechanical biology and cell motility, including the discovery and naming of five new cytoskeletal proteins [filamin, titin, nebulin, P235 (talin) and nebulette] which are important in assembly, regulation and dysfunction of the cytomatrix and motility in cardiac, skeletal and smooth muscles and in non-muscle cells. He is directing an interdisciplinary team of biologists, chemists, engineers, and physicists to advance nanobiotechnology, including the design of a nanomechanical device for single molecules and single cells, protein engineering, drug design and bio-informatics, to address the coupling of elasticity and interaction of intrinsically disordered signaling proteins, the mechanical stress sensing and transduction in cellular signaling and the molecular mechanisms of heart and skeletal muscle diseases and their treatments. 8 Forum on Energy: The Two Sources That Can Slow Down Global Warming 能源組:緩和地球暖化的兩種能源 Chaired by Yih-yun Hsu Speakers: P.T. Kuo and George T. Tsao Abstract Today, one big concern is global warming, and finding alternative fuels with low/no generation of carbon dioxide in air. Among the candidates mentioned are solar energy, wind energy, and nuclear energy, all of which are carbon-free; and bio-fuels which gives no net generation of carbon dioxides. However, solar and wind energy are not practical due to their unreliability, low efficiency. Thus, the only viable carbon- free energy source is nuclear. As to the bio fuel, popular source is to convert starch, such as corn, into alcohol. But this approach is to competing against food need. The alternative is fuels from bio-waste, such as corn stalk. It utilizes waste material, and also helps environment. In this session, we have two reports on these viable alternatives: the nuclear energy and bio-waste fuel, including the technology and economical aspects of such two sources. Yih-yun Hsu, Ph.D. (許翼雲博士) B.SC., Che.E., Taiwan University Ph.D., Che. Eng., University of Illinois (1958) Senior research engineer, NASA and AEC/NRC; Professor of Chem Eng. and Nuc. Eng., Univ. of Maryland; Chairman of AEC-ROC; Visiting Chair Professor, Taiwan Univ. and Tsinghua Univ. He retired in 1997 as Prof. Emeritus of UMCP. Hsu had written a book on boiling heat transfer, which had been used as graduate course text book in several universities. He received several major awards from ASME, AIChE, ANS, and CNS. He was elected as fellow of AIChE and ANS, and also the Member of International Nuclear Energy Academy. In non-technical area, Hsu was the co-founder of Chinese American Society; Washington China Post, and Gaithersburg Chinese School. He also served as President of CAPA. 9 Overview of Nuclear Power Plant Operations 核能發電概觀 P. T. Kuo, Ph.D. Abstract This presentation will provide an overview of nuclear power plant operation in the past and a summary of the general trend of current operating nuclear plant. It will discuss some of the major issues experienced in the US and the corrective actions taken to alleviate concerns about nuclear safety. It will also take a closer look at what the international community has done to maintain plant safety towards extension of the life of current operating nuclear plants. It will also attempt to provide an update of current activities on planned construction of new nuclear power plants. The focus will be primarily on those activities in US, China and Taiwan. P.T. Kuo, Ph.D. (郭寶金博士) GP.T. Kuo recently retired from the Nuclear Regulatory Commission after 32 years of Federal service. Prior to his retirement, he served as the Director of Division of License Renewal in the Office of Nuclear Reactor Regulation. He also served in the nuclear industry before he joined the NRC for 6 years. P.T. Kuo held a Ph.D. degree from the Rice University. He was one of the recipients of the top 10 Federal Engineers in 1992. He was also granted the Presidential Ranking Award in 2008. 10 Conversion of Cellulosic Waste into Fuels and Chemicals 廢棄物轉化能源 George T. Tsao, Ph.D. Abstract This talk will concentrate on recent development of cellulosic ethanol and butanol from rew renewable resource materials. A process design will be presented that involves conversion of cellulose fraction in materials like wood and cornstalks into ethanol and the hemicellulose fraction into chemicals and also butanol. Unlike most of publicly announced projects going on all over the world that concentrate on conversion of cellulose, this process design converts all available carbohydrates into value added products and should have the best chance of success. The next phase of the work will involve pilot plant tests and construction of a demonstration plant. George T. Tsao, Ph.D. (曹祖寧博士) George T. Tsao (Tsao Tsu Ning) was born in Nanjing. He graduated from Tai-Da (Taiwan University) in 1953 with BS in Chemical Engineering. After receiving Ph.D. in 1960 also in Chemical Engineering from University of Michigan, he worked for six years in bio-industry and then joined faculty of Iowa State University. In 1974, he moved to Purdue University. His field of interests has been biochemical engineering and renewable resources technology. He established a Laboratory of Renewable Resources Engineering at Purdue. After research and teaching for 30 plus years, he retired fully from Purdue in 2006. He has published over 300 technical papers, trained 72 PhD and 64 postdoc students. 11 On the Costs and Benefits of Taiwan’s Investment in People’s Republic of China 台商在中國投資的經濟成本與效益 Charles Ou, Ph.D. Abstract This presentation will develop an economic argument that foreign investment by Taiwan’s corporations to a developing country, such as PRC and others, contribute little to the longterm economic growth of Taiwan. The basic propositions are as follows: The macro-economics of a country’s growth is dictated by the growth of private business investments at home—private investment as one of the exogenous variables that can be “managed or manipulated” by government actions. Business investments in Taiwan are the only path to maintain growth and increase productivity (through expansion in production capacity and R&D ventures) and thus higher living standard and economic prosperity. Business investments abroad, say in PRC, by Taiwan’s companies will only helps the international competitiveness of these companies, but not Taiwan’s economy-- the socalled fallacy of composition, i.e. what is good for a company’s investment in foreign markets by increasing the company’s earnings and growth may not necessary be good for the growth of income and output of the host nation (Taiwan). It is investment in advanced industrialized nations that offers greater growth potentials through technology transfer to Taiwan, R&D joint ventures, and foreign direct investments from these countries to Taiwan. Charles F. Ou, Ph.D. (歐昭惠博士) Dr. Ou is a senior economist with the U.S. Small Business Administration's Office of Economic Research and has been with Advocacy since 1977. He earned a B.A. degree in economics from NTU and a Ph.D. in economics from the University of North Carolina at Chapel Hill. He taught economics at Wake Forest University, the University of Dayton, Ohio, and Queens College of Charlotte, N.C., where he served as an Associate Professor and the department chair for 1977-78. With specialties in capital and credit markets, the financial aspects of small business issues, and economic development in the U.S.A., Dr. Ou has done an extensive work on small business capital access issues, including development of databases for financial research. His papers appeared in the Journal of Finance, Journal of Small Business Economics, and Journal of Entrepreneurial Finances; he is the principal writer of the financing chapter of the State of Small Business report(s) and the Small Business Economy, and reports published by the Office of Advocacy. He currently serves on the editorial board of two professional small business journals. 12 ECFA in Regional and Global Perspectives 從區域性與全球性的角度看台、中經濟合作架構協議 Peter C.Y. Chow, Ph.D. Abstract The proliferation of regional trading arrangements in East Asia has generated “spaghetti bowl” with Taiwan as an outlier due to the “China” factor. Taiwan needs to breakthrough the tendency of being marginalized. Its ultimate choices are vital to U.S. economic and security interests in East Asia. While a U.S.-Taiwan free trade agreement would prove mutually beneficial to both countries, an Economic Cooperation Framework Agreement (“ECFA”) with China would have serious socio-economic and political consequences for Taiwan’s future. Merely signing an ECFA with China will not prevent the marginalization of Taiwan, nor will it enable Taiwan to further integrate itself into the East Asian or global economic community. Deepening engagement with China without simultaneously strengthening its economic ties with other industrialized countries would make Taiwan vulnerable to systemic risk. Moreover, Beijing may also gain greater political leverage over Taiwan, which would definitely erode Taiwan’s “de facto” autonomy. Without falling into the trap of Krugman’s “hub-spoke” model, Taiwan would need to simultaneously sign multiple free trade agreements with many of its trading partners. Peter C.Y. Chow, Ph.D. (周鉅原博士) Dr. Chow is a Professor of Economics at the City College & Graduate Center, City University of New York since 1986. He was a Visiting Research Fellow at the Hoover Institution (1983), Stanford University, and the University of California at Berkeley (1975-76), and a Visiting Professor at the National Taiwan University in Taiwan as well as at Nagoya National University in Japan. He was also a Research Associate at the National Bureau of Economic Research and a contractual consultant for the World Bank. His main interest is in international trade and economic development, with focus in late industrialization in East Asia. In addition to more than 40 articles published in professional journals, he has published eight books: “The Growth and Stability of A Small Open Economy,” “China's Modernization in Relation to the U.S.,” (Both by the Alpha Edition, Burgess Publishing Company), “Trade - The Engine of Growth in East Asia,” (Oxford University Press, co-authored with Mitchell Kellman), “Weathering the Storms: Taiwan, Its Neighbors and Asian Financial Crisis,” (Co-edited with Bates Gills, The Brookings Press), “China’s Economy after Deng: A Long Term Perspective,” (Contemporary Asian Studies 1995, No.5. Univ. of Maryland School of Law), “Taiwan in the Global Economy,” (Edited with an introduction. Prager, 2002), “Taiwan’s Modernization in Global Perspective,” (Edited with an introduction. Prager. 2003), “Economic Integration, Democracy and National Security in East Asia,” (Edited with an introductory chapter. Edward Elgar, 2007), and “The ‘One China’ Dilemma,” (Edited with an introductory chapter, Palgrave Macmillan, 2008). 13 State of the Taiwan Economy: Some Cyclical Perspectives 金融危機的衝擊、臺灣的因應措施及經濟景氣展望 Yinkann Wen, Ph.D. Abstract This session will discuss the impact of this once-in-century’s financial tsunami, analyze Taiwan’s responses in restoring her economy by various financial and fiscal policies, and offer some views on the prospects of Taiwan’s future economic development. 摘要 面對百年一見的金融海嘯,世界各國都致力利用財政與貨幣政策試圖搶救企業及降低失業率, 使景氣恢復。本節先簡單探討金融危機之起因和衝擊,解析臺灣在對抗金融危機中所採取的各 種政策措施及成效,並提出對其未來經濟發展之展望的一些看法。 Yinkann Wen, Ph.D., CFA (溫英幹博士) Dr. Wen, Chartered Financial Analyst, is a Professor Emeritus at the National Dong Hwa University, Hualian, Taiwan, and a member of the Board of the Directors of the Central Bank of ROC in Taipei. A graduate of NTU (B.A. and M.A. in Economics) and Johns Hopkins (Ph.D. in Political Economy), Dr. Wen, served in the World Bank as a Senior Economist, prior to his return to Taiwan in 1996. 國立台灣大學經濟系學士及及經濟研究所碩士,美國約翰霍普金斯 大學政治經濟博士。擁有美國特許財金分析師(CFA)及中華民國 證券分析師資格。在世界銀行(World Bank)擔任經濟專家,服務二 十幾年後退休(1974 -1998),之間曾在世銀經濟發展學院任教及 年金管理局擔任資深經濟專家。2003-2004 自國立東華大學休假期 間曾擔任世界銀行訪問學者。1996 年起在台灣花蓮之國立東華大 學任教,曾任該校大陸研究所所長,經濟系主任兼國際經濟研究所所長。現為東華大學榮譽教 授,並於 2005 年一月開始擔任中華民國中央銀行第十七屆理事。 14 State of U.S. Economy: Some Cyclical Perspectives* 美國經濟景氣展望 Wu-Lang Lee, Ph.D. Abstract The presentation will focus on the state of U.S. economy from a cyclical perspective. The topics covered include a review of current state of the economy, major factors underlying the current downturn, duration of postwar cyclical downturns, similarities and differences between the current recession and the Great Depression of 1930s, major indicators used to track the trend of the economy, counter cyclical measures U.S. administration has implemented, and lessons learned from the prior recessions in the U.S. and abroad. Some highlights of selected forecasts by government analysts and private forecasters, possible shape of economic recovery, and major risk factors underlying the forecasts will also be presented. *The views expressed here are those of the speaker only. They do not represent those of IRS or U.S. Department of the Treasury. Wu-Lang Lee, Ph.D. (李五郎博士) Wu-Lang is a Senior Economist and a Manager at the Headquarters Research Division, Internal Revenue Service, U.S. Department of the Treasury. His current research interests include taxpayer compliance burdens, taxpayer services, indexing of tax codes, and U.S. business cycles. Prior to joining government services, Wu-Lang was a Research Associate and Project Director at National Bureau of Economic Research (NBER). His research at NBER included the development of a macro-econometric multi-regional policy simulation model for the Department of Commerce to assess the economic impact of development programs on the less developed regions of the United States. Wu-Lang later joined GM’s N.Y. Headquarters as an economist, advising its Board of Directors, Finance Committee, Administration Committee, and GM Pension Investment Corporation on a variety of economic and strategic matters. Since joining the IRS, Wu-Lang served as an Industry Economist in Corporate Examination, a Senior Economist in Enforcement Revenue, a Lead Economist, Acting Chief, and Project Manager in the Research, Analysis and Statistics Division. His expertise includes econometric modeling, economic forecast, business cycle studies, transfer pricing, industry organization, and tax administration. Wu-Lang earned his B.A. from NTU, and M.A. and Ph.D. from the University of Rochester, New York. 15