Asia-Pacific Economic Co-operation (APEC)
Palgrave Macmillan
Abstract
Palgrave Macmillan
Abstract
Origin and Aims . APEC was established in 1989 to take advantage of the interdependence among Asia-Pacific economies, by facilitating economic growth for all participants and enhancing a sense of community in the region. Begun as an informal dialogue group, APEC is the premier forum for facilitating economic growth, co-operation, trade and investment in the Asia-Pacific region. APEC has a membership of 21 economic jurisdictions that together account for 40% of the world population, 43% of world trade and 55% of world GDP. APEC is working to achieve what are referred to as the ‘Bogor Goals’ of free and open trade and investment in the Asia-Pacific area. These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.
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Origin and Aims . APEC was established in 1989 to take advantage of the interdependence among Asia-Pacific economies, by facilitating economic growth for all participants and enhancing a sense of community in the region. Begun as an informal dialogue group, APEC is the premier forum for facilitating economic growth, co-operation, trade and investment in the Asia-Pacific region. APEC has a membership of 21 economic jurisdictions that together account for 40% of the world population, 43% of world trade and 55% of world GDP. APEC is working to achieve what are referred to as the ‘Bogor Goals’ of free and open trade and investment in the Asia-Pacific area. These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.
Key concepts: Asia pacific, Geography, Political science, Business, International trade