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U.S. Interests and Asia-Pacific cooperation /

By: Petri, Peter A.
Contributor(s): Plummer, Michael G.
Series: Vol. 23 No. 1 First Sem 1996.Description: p.123.Subject(s): Asia-Pacific cooperation | PIDS JPD 1996Online resources: Click here to access online In: Journal of Philippine DevelopmentSummary: As APEC provides venue for exploiting trade and investment gains in an integrated market, it allows the US to strengthen its ties with the world's dynamic economies and creates a global policy environment that promotes liberalization. Despite the tremendous benefits, however, the American public knows little about APEC. This paper argues that the United States has a vital stake in APEC. It also outlines the challenges the cooperation will face in the future despite good performance over the past eight years.
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As APEC provides venue for exploiting trade and investment gains in an integrated market, it allows the US to strengthen its ties with the world's dynamic economies and creates a global policy environment that promotes liberalization. Despite the tremendous benefits, however, the American public knows little about APEC. This paper argues that the United States has a vital stake in APEC. It also outlines the challenges the cooperation will face in the future despite good performance over the past eight years.

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