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In its first ten years, what has the Asia-Pacific Economic Cooperation (APEC) accomplished? Has the 21-member forum - including the United States, Japan, China, Mexico, and most of Southeast Asia -- fulfilled its promise? To answer these vital questions, leading scholars at APEC Study Centres from thirteen APEC member economies undertook detailed studies of such central issues as trade in services, investment policy, human resource development, food and agriculture, energy, and financial stability.The findings are summarized in a policy report, "Learning From Experience", that has received wide praise and close scrutiny from senior government officials. The report concludes that APEC has successfully established itself as a world-class forum that has contributed to the affirmation of a coherent set of positive ideas. However, the report notes shortcomings in each of the critical areas of trade and investment liberalization, economic and technical cooperation, and institutional structure, and offers remedial policy recommendations to improve APECs future performance. This volume contains both the policy report and the issue studies. It is the product of the APEC International Assessment Network (APIAN), a collaborative, independent project among participating APEC Study Centres to track and assess the design and execution of key APEC initiatives.
APEC is a crucial trans-regional arrangement that draws the US into constructive economic engagement with East Asia. This book makes it clear why APEC remains such a crucial element of regional economic architecture and defines an agenda doing forward to which regional leaders should aspire.
Assesses the strengths and weaknesses of APEC's 'soft' institutionalism, and its capstone policy report, identifies reforms that would close the credibility gap between APEC's promises and accomplishments. Leading scholars at APEC Study Centres investigate APEC's core agenda and delve into the inner workings of bureaucracy.
The Sydney Asia-Pacific Economic Cooperation (APEC) Leaders’ Declaration on Climate Change, Energy Security and Clean Development, adopted at the fifteenth APEC Economic Leaders’ Meeting in 2007, announced an APEC-wide aspirational goal of increasing forest cover in the region by at least 20 million hectares (ha) of all types of forests by 2020. This report assesses the extent to which the APEC 2020 Forest Cover Goal was achieved. It updates a progress report, published in 2015, with information provided in 2021 by 12 of the 21 APEC economies and an analysis of the 2020 Global Forest Resources Assessment.1 Forest area in the APEC region increased by 27.9 million ha between 2007 and 2020. Over the same period, the area of forest in protected areas in APEC economies increased by almost 16 million ha and the area of planted forest increased by slightly more than 30 million ha. Although, overall, the APEC economies achieved the 2020 Forest Cover Goal, not all economies reported an increase in forest area over the period. Forest area increased in nine economies, with the largest increases in China (26.5 million ha), Australia (5.0 million ha) and the United States (3.5 million ha). Conversely, forest area declined in ten economies in the region. Key direct drivers of deforestation and forest degradation in APEC economies include agricultural expansion, forest product extraction (legal and illegal), infrastructure development, and biophysical factors (e.g. climate and extreme weather events, forest fire and invasive species).
Regionalism in the Asia-Pacific is a complex and rapidly evolving phenomenon. This volume explores the relationship between globalization and regionalization, between states, markets and civil society, and between US hegemony and Asian aspirations.
This book is divided into two broad categories. There are those which provide an analysis of major developments during 2001 in individual Southeast Asian countries and in the region generally. Then there are the theme articles of a more specialized nature which deal with topical problems of concern. This volume contains twenty articles, dealing with such major themes as international conflict and co-operation, political stability, and economic growth and development.
Ippei Yamazawa is one of the fathers to the study of Asia-Pacific regional cooperation in Japan and has contributed hugely to the development and work of APEC over many years. APEC is a crucial trans-regional arrangement that draws the United States into constructive economic engagement with East Asia. This book makes it clear why APEC remains such a crucial element of regional economic architecture and defines an agenda going forward to which regional leaders should aspire. Here is a first rate exposition of the priorities for regional cooperation in Asia and the Pacific. --Peter Drysdale, Professor Emeritus, Australian National University
This state-of-the-art Encyclopedia provides a detailed snapshot study of politics in Asia. Curated by two internationally recognized scholars, entries offer key insights and critical reference points in order to navigate the vastness, diversity, and dynamism of Asian politics.
Topicality of Asian economy has refused to fade for almost four decades; if anything it has been levitating. The Asian economy has changed markedly since the economic and financial crisis of 1997-1998 and is continuing to evolve. As a scholarly subject matter, Asian economy has not stopped attracting academicians, policy mandarins, decision makers in the arena of business and students of Asian economy. The Asian crisis was a cataclysmic event for the region and brought to the surface several systemic limitations, like those in the financial sector, corporate governance, regulatory oversight, legal framework, and exchange rate management. Managers of Asian economy need to get to the bottom of these acutely problematical systemic issues. Additionally, Asian economies need to change with the demands of time and devise their post-crisis development strategy. Asia’s growth model, that served it so well for four decades, is overdue for renewal so that it can re-strengthen its bonds with the ever-evolving regional and global economic reality. The old growth model is likely to be less relevant and effective in the post-crisis future of the Asian economies. It is sure to run into the wall of diminishing returns. An outstanding feature of Asian Economy and Finance: A Post-Crisis Perspective is that unlike most Asia-related books, it is written in a comprehensive and authoritative manner and covers large areas of Asian macro-economy and finance. The noteworthy areas of focus include global and intra-regional trade and investment, as well as financial and monetary aspects. In-depth discussions have been provided on regional integration through expanding trade, financial flows, regional production networks, financial and monetary co-operation. In taking a contemporary or post-crisis view of the Asian economy, this book offers the newest knowledge related to relevant themes on the Asian economies as well as the latest concepts. In a succinct manner, this book deals with the principal normative and positive strands with which one need to be properly familiar in this subject area. This tightly written volume covers a great deal of ground and imparts knowledge on the Asian economy related themes to students, researchers and policy makers alike. Asian Economy and Finance: A Post-Crisis Perspective is neither overly technical nor model-oriented. It is easy to access for the target readership because of its descriptive analysis style, which stops short of mathematical formulations and econometric modeling. Many students and other readers who have good analytical minds and sound knowledge of economic principles feel lost in mathematical formulations. This writing style makes it accessible to a much larger number of readers.