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As perhaps the world's most economically dynamic region, the Asia-Pacific is generating increasing attention from academic, business, and policymaking circles alike. At a time when the area is projected to continue its unprecedented economic growth well into the 21st century, it is ironic that the Asia-Pacific regional institutional framework is incommensurate with developments in other parts of the world. The most ambitious attempt at regime creation in this region began in 1989 with the formation of the Asia Pacific Economic Cooperation forum (APEC). Asia-Pacific Crossroads provides a novel theoretical approach to examine the interplay of economic, political, and security factors in APEC's evolution. It focuses on the likelihood for APEC to become smoothly 'nested' within the World Trade Organization and considers how subregional groupings in the Asia-Pacific might in turn become nested within APEC. The essays draw on the examples of the OECD and the EU to explore APEC's future prospects for fostering economic liberalization in the Asia-Pacific and across the globe. The book offers the first rigorous and systematic theoretical and empirical examination of the Asia-Pacific Economic Cooperation (APEC) forum by a multinational, interdisciplinary group of scholars.
List of contents
Preface Contributors APEC: The Evolution of an Institution; C. Morrison Analyzing Institutional Transformation in the Asia-Pacific; V. Aggarwal PART I: ECONOMIC TRENDS Trade Patterns and Regimes in Asia and the Pacific; P. Guerrieri Foreign Direct Investment and APEC; S. Urata Intellectual Property and APEC; S. La Croix PART II: DOMESTIC POLITICAL CONTEXT Australia and APEC; J. Ravenhill The United States and APEC Regime-Building; R. Baker Japan's Approach to APEC and Regime Creation in the Asia-Pacific; Y. Yamamoto and T. Kikuchi China and APEC; Z. Yunling PART III: THE INSTITUTIONAL CONTEXT: NESTED INSTITUTIONS? Political-Military Dynamics and the Nesting of Regimes: An Analysis of APEC, the WTO, and Prospects for Cooperation in the Asia-Pacific; J. Grieco Nesting NAFTA in APEC: The Political Economy of Open Subregionalism; M. Cameron ASEAN and Institutional Nesting in the Asia-Pacific: Leading from behind in APEC; M. Plummer PART IV: INSTITUTIONAL MODELS FOR APEC APEC and Regime Creation in the Asia Pacific: The OECD Model?; S. Ostry European Integration and APEC: The Search for Institutional Blueprints; C.Dupont The Future of APEC; V. Aggarwal and C. Morrison Index
About the author
VINOD K. AGGARWAL is Professor of Political Science, Affiliated Professor of Business and Public Policy in the Haas School of Business, and Director of the Berkeley Asia-Pacific Economic Cooperation Study Center (BASC) at the University of California, Berkeley.
CHARLES E. MORRISON is Director of the APEC Study Center at the East-West Center, Honolulu, and Chair of the US Consortium of APEC Study Centers.
Summary
It focuses on the likelihood for APEC to become smoothly 'nested' within the World Trade Organization and considers how subregional groupings in the Asia-Pacific might in turn become nested within APEC.
