APEC Open Regionalism and its Impact on the World Economy: A Computable General Equilibrium Analysis
Abstract
T HE Asia-Pacific Economic Cooperation (APEC) forum, a loose-knit, 21-member regional institution, could assume a more pivotal role in the integration of the Pacific Rim, a market for more than 60 per cent of US agriculture and food exports, and play a central role in promoting global liberalisation (Bergsten, 1997). In 1994, APEC announced its ‘Bogor DeclarSimilar works
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