Asia-Pacific region in changing global economy

The Asia-Pacific economies have undergone the most striking economic growth and ever-increasing interdependence, and the region has been a major contributor to global prosperity and stability. The Asia-Pacific region has rapidly grown in the last 2 decades, and the region leads trade liberalization...

Full description

Saved in:
Bibliographic Details
Published inHuman systems management Vol. 16; no. 4; p. 285
Main Authors Youn-Suk, Kim, Koo, Hyeng Keun
Format Journal Article
LanguageEnglish
Published Amsterdam IOS Press BV 01.12.1997
Subjects
Cooperation
Economic growth
Free trade
Global economy
Industrial development
International finance
Macroeconomics
Regionalism
Tariffs
Trade liberalization
Asia
Pacific
Online AccessGet full text

Cover

More Information
Summary:The Asia-Pacific economies have undergone the most striking economic growth and ever-increasing interdependence, and the region has been a major contributor to global prosperity and stability. The Asia-Pacific region has rapidly grown in the last 2 decades, and the region leads trade liberalization through its open regionalism. Unlike any other regional integrations, the Asia-Pacific Economic Cooperation (APEC) presents an alternative way which is fully compatible with multilateralism of the World Trade Organization, and it is an open regional organization which has launched its implementation to liberalize trade and investment by strengthening economic and technical cooperation through business sectors which continue to prosper and to provide the engine of growth in the region. The environments for trade, investment, and technology have been improved for the business dynamism and linkages of Asian-Pacific economies.
ISSN:0167-2533
1875-8703
DOI:10.3233/hsm-1997-16406