Economists Dan Rosen and Wang Zhi of the Peterson Institute for International Economics thinks the deal could add a net 5.3 percent to Taiwan's economy by 2020.
[7] Rosen and Wang described the ECFA as "an ambitious accord that fundamentally changes the game between Taiwan and China and hence affects the regional economy and even the transpacific tempo for the United States.
Neither does it accord the same rights as a Free Trade Agreement which will reduce manufacturing jobs and average salary, accelerate capital outflow and brain drain of management and technology expertise.
[10] The opponents of the ECFA also indicated concerns about allowing the influx of mainland Chinese white-collar workers or professionals to work in Taiwan which could put the job security of locals at risk.
[11] In addition, a series of cartoons created by the Ministry of Economic Affairs (Republic of China) attempted to explain the ECFA stereotyped local ethnic groups and their responses to the agreement, and was withdrawn after much controversy.