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Asia-Pacific Economic Co-operation (APEC)

  • Nick Heath-Brown
Part of the The Statesman’s Yearbook book series (SYBK)

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.

Keywords

Open Trade Official Language Development Finance Institution Develop Member Country Concessional Term 
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.

Copyright information

© The Editor(s) 2015

Authors and Affiliations

  • Nick Heath-Brown

There are no affiliations available

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