Milestones In Apec Liberalisation

"This book assembles papers that were produced under a three year collaborative research program on 'China and APEC' undertaken by the AustraliaJapan Research Centre, in the Asia Pacific School of Economics and Management at The Australian National University and the APEC Policy Research Center, in the Chinese Academy of Social Sciences. ... The work on this project and the papers in the volume provide a base for developing ideas that could be helpful to the policy agenda for APEC 2001."--Preface.

This title was first published in 2001. This work is a response to criticisms that investment liberalization in the APEC region is not moving quickly enough. It commences with a historical overview of APEC's process for investment liberalization and a description of current foreign direct investment policies for each of the APEC economies. It then argues that there are significant constraints to further liberalization arising from economic development concerns in the developing countries and political considerations in both developed and developing countries in the region. It also suggests that a truly liberalized investment environment would involve the removal of investment incentives. Again, there are political and institutional reasons that make this difficult. With several suggestions for further research that should better inform policy makers, this is an informative insight into the complex issues involved in the liberalization process in the APEC region.

This book is the first in a major new series examining Global Economic Institutions and contrasts regional economic integration in the Asia Pacific Region and in Europe. In the Asia Pacific Region, regionalism is developing by means of "open regionalism", which is different from the regionalism which has developed in Europe, through the construction of a single European Market and Monetary Union within the European Union. In the light of this contrast, a number of important contemporary policy questions are considered.

This book provides the most up-to-date and comprehensive account of the APEC (Asia Pacific Economic Cooperation) organisation and examines the challenges APEC now faces in the new century. Subjects covered include: * the history of APEC * APEC and the latest WTO round * case-studies of countries in the region including China, Japan, Malaysia, Korea and Taiwan * APECs approach to competition and deregulation policy * assessment of APECs standing as an international institution Featuring contributions from distinguished groups of international academic experts, this book is essential reading for all those interested in political and economic developments in the Asia-Pacific.

Brings together a subset of papers that have used 2 GCE models, the WAYANG Model and the GTAP Model, as part of ACIAR Project 9449 to analyse growth and policy reform issues in Indonesia.