Taipei-The "Talent Circulation Alliance" initiative seeks to encourage the movement of skilled workers between Taiwan and other like-minded countries and tackle the issue of brain drain, the American Institute in Taiwan (AIT) said Monday.
AIT Deputy Director Raymond Greene, who was at the Legislative Yuan to promote the TCA White Paper event, said the United States and Taiwan hope to work together to facilitate a steady flow and circulation of talent.
"By both internationally circulating and professionally cultivating Taiwan's talent, Taiwan can further reposition itself as an innovation-based, internationally connected economy," Greene said.
The TCA is a joint venture between Taiwan's government, in particular the Industrial Development Bureau, the AIT, and the Foundation for Scholarly Exchange. It was first announced on April 16 at the U.S.-Taiwan Women's Economic Empowerment Summit, Greene said.
"The purpose of the TCA White Paper is to work with all relevant stakeholders to identify the administrative, regulatory, and legal obstacles to the circulation and cultivation of talent, as well as to propose positive steps which can be taken to accomplish TCA goals," he said.
The TCA White Paper is expected to be formally published in June 2020, he said.
Touching on the topic of brain drain, Greene described it as a zero-sum game between economies, while talent circulation is mutually beneficial for all concerned.
"The more that academic and professional exchanges occur, the more connective tissue will bind our economies together," Greene said.
The circulation of talent between Taiwan and other like-minded partners is the key to keeping Taiwan's future firmly anchored in the free and open Indo-Pacific, he said.
According to the AIT, the TCA will hold a series of related events in Taiwan this year, including the "Annual Talent Circulation Alliance Job Fair" in September and a forum on the "Internationalization of Taiwan's Workforce" in December.
Source: Focus Taiwan News Channel