From nonrenewable to renewable energy and its impact on economic growth: The role of research & development expenditures in Asia-Pacific Economic Cooperation countries

2019 ◽  
Vol 212 ◽  
pp. 1166-1178 ◽  
Author(s):  
Muhammad Wasif Zafar ◽  
Muhammad Shahbaz ◽  
Fujun Hou ◽  
Avik Sinha
1996 ◽  
Vol 7 (1) ◽  
pp. 83-88

Minister Kono, Minister Hashimoto, Excellencies, colleagues, and friends: It is a pleasure to join you at this year's ministerial meeting of the Asia-Pacific Economic Cooperation forum. Let me take this opportunity to express my deep appreciation to our Japanese hosts. Prime Minister Murayama, Minister Kono, Minister Hashimoto, and their colleagues have worked hard to make our meetings in Osaka a success. After six years of progress and vision, APEC now faces a crucial seventh year of decision. As the guiding force for economic growth and integration in the world's most dynamic region, APEC must not only sustain the momentum it has achieved over the last two years. It must begin to take concrete and far­reaching actions to open up trade and investment in the Asia­Pacific region. If APEC is truly to make history, it must produce results.


Author(s):  
SABURO OKITA

The Asia-Pacific countries achieved rapid economic growth with the flying-goose model in the 1980s, growth buttressed by export-oriented development strategies and the policy culture in these countries. While Japan and the other Asia-Pacific countries still have strong growth potential, many problems remain, including trade imbalances with the United States and the rise of protectionism there, the Asia-Pacific economies' vulnerability, and the need to consolidate the infrastructure for growth. It is imperative that Japan contribute to the development of the region by responding effectively to these issues and that it strengthen the international trading arrangements by promoting Asia-Pacific cooperation premised on openness. Given the region's great internal diversity, Asia-Pacific economic cooperation can well serve as a model for international economic coordination.


2017 ◽  
Vol 62 (05) ◽  
pp. 1077-1095 ◽  
Author(s):  
JUNG HUR ◽  
HYUN-HOON LEE

The Asia–Pacific Economic Cooperation (APEC) forum, whose approach is voluntary and non-binding in open regionalism, has been criticized for its alleged failure to develop a rapid liberalization process and to contribute to a greater level of intra-regional trade in the APEC region. Nonetheless, we find that APEC has been contributing to intra-regional trade creation, particularly in trade in manufactured goods as compared to trade in non-manufactured goods. This finding is robust to the various fixed-effect models and the first-differencing models which are applied to the gravity equation.


Author(s):  
Eswaran Sridharan

This chapter analyses India’s prospects as a rising power by asking what kind of power India has the potential to be, given its military, economic, and institutional capacities and the economic and geostrategic constraints it faces. It argues that while sustained high growth is a necessary condition it is not a sufficient condition since economic growth does not necessarily convert smoothly into greater power. Due to such conversion problems India, like some other powers, might not be able to exercise commensurate regional, extra-regional, and global influence as might appear to follow from the revival of sustained high growth and increased economic weight. The more achievable and likely alternative is that of a coalitional or bridging power that can play the role of an effective partner in the security and other spheres to a range of powers, principally to the United States and in the Asia-Pacific and Indian Ocean regions.


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