APEC Evolution and Prospects of Regional Integration Processes

Author(s):  
A. Fedorovskii

The paper discusses the operational value of the key principles of the activities of the Asia-Pacific economic cooperation (APEC) that stand behind its creation. These include the consensus decision-making, the voluntary nature of the decisions’ implementation, the “open regionalism”. Also the author deals with the functioning of the APEC in the context of regional economic cooperation in the Asia-Pacific region at the end of the first decade of the XXI century.

Author(s):  
John Breen ◽  
Suzanne Bergin-Seers ◽  
Stephen Burgess ◽  
Gordon Campbell ◽  
Muhammad Mahmood ◽  
...  

This chapter examines the role that the Asia Pacific Economic Cooperation (APEC) has played in setting government policy to encourage increased trade by SMEs. A study of six “successful” micro and small businesses in APEC economies that was commissioned by APEC examines their attitudes towards trade and e-commerce. The case studies show that e-commerce can be a facilitator to trade for businesses with a propensity towards entrepreneurship and good management practices. To other businesses it may be seen as an inhibitor due to the lack of knowledge associated with its use and its benefits. The chapter shows how APEC used this study and some of its other initiatives to develop its IT and e-commerce policy for SMEs as part of its overall policy for SME development in the region.


Author(s):  
A. N. Fedorovsky

Analyses of modern trade and economic relations in Asia-Pacific region. Research of the roles of the United States of America and China under the conditions of protectionism initiated by the D. Tramp’s administration and stagnation of mega-projects. Crisis of leadership and role of USA and China in regional mega-project (APEC, TPP, RCPEC). Ability of the USA and the PRC to create regional economic priorities, as well as to determine the course of integration processes. Analysis of the main obstacles of realization of American and Chinese leadership potential. Regional integration project initiated by Japan, India and the Republic of Korea and prospects for Indo-Pacific Asia. China-USA competition and main trends of regional integration. Comparative study of opportunitiesand prospects for bilateral and mega-regional economic projects. As an example, observation of South Korean initiative “New Economic Map” is presented and analyzed. Role of “New Economic Forum” initiated by Bloomberg with support of global big business is examined also. Initiative of Indo-Pacific region, Japan-India economic cooperation are examined, as well as Washington policy to counterweight China foreign economic and political expansion. Analyzing of prospects and consequences of competition between USA and the PRC in Pacific regions. Main issues, opportunities and challenges of Russia’s economic expansion in Asia-Pacific region. Close interconnection between policy, security and economiccooperation in the region: influence on Russia’s Pacific priorities and diplomacy. Characteristics of some problems of Russian “East Policy” during last several years. Some arguments are presented in favor of Russia’s strategy of “policy of focused partnerships”. This kind of policy means prevail of business activity in some special projects as well as in some geographic areas. It is also stressed that it is in Russia’s long-run interests to use of all kind of diplomatic measures in order to minimize any attempts to oppose India to China. But try its best to support cooperation between Russia, China and India in Pacific, as well as in Indo-Pacific region. 


Author(s):  
Yuchen Shi

The Asia-Pacific region is one of the most important “poles” of world economic development, but the region lacks a mechanism for regional integration and coordination to counter challenges and risks. ASEAN is the earliest example of integration in the region. Thanks to the active promotion and efforts of this organization regional integration in East Asia has formed a new development model, which gives a new idea for the development of regional integration in the Asia-Pacific region.


2020 ◽  
pp. 337-346
Author(s):  
Dmitrij V. Mosyakov ◽  

This article is devoted to the history of such an authoritative international organization as the Asia-Pacific Economic Cooperation-APEC. This organization, created to address issues of economic integration in the Asia-Pacific region, has gradually turned into the main platform for political negotiations, at which key issues of international security and international relations are discussed.


Author(s):  
S. Sevast'yanov

Since late 80-s of XX century active integration processes are undergoing in the Asia-Pacific region. Asian countries are trying to minimize the negative effects of the shocking changes in the system of international relations and of the global or regional economic crises. United States are quite actively involved in the regional integration. By using the “old” and creating “new” associations USA try to oppose the growing influence of China here. Russia, for its part, is also looking for the effective ways to connect to the Asian integration projects that can improve the socio-economic situation of the population of the Far East and will enable us to make a significant contribution to the development of economic cooperation in the Asia-Pacific region.


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