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6 Asianregionalism
6 Asianregionalism
REGIONALISM
Introduction
• What is Asian Regionalism?
Advantages
Disadvantages/Risks
Bibliography
PAPER
TOWER
Introduction
• What is Asian Regionalism?
Advantages
Disadvantages/Risks
Bibliography
Europe ASIA
U.S.
3/10Consistently
of the 3/10records
of the the
3/10 of the
WORLD’S
global HIGHEST
outputglobal output
global output ECONOMIC GROWTH
SALES
Asia’s
Population
TRADE TECHNOLOGY
TRADE TECHNOLOGY
TRADE TECHNOLOGY
FINANCIAL TRADE TECHNOLOGY
ASIAN
TRANSACTIONS
LABORLABOR
FINANCIAL DIRECT
LABOR
LABOR
TOURIST
REGIONALISM
TRANSACTIONS
INVESTMENT
FINANCIAL
FLOWS
DIRECT TOURIST
TRANSACTIONS
DIRECT INVESTMENT TOURIST
INVESTMENT FLOWS FLOWS
Whatis
What is
Asian
Asian
Regionalism?
Regionalism?
REGIONALISM
It is a multidimensional concept. It
Development
encompasses of ainterdependence
deepening political or
ASIAN REGIONALISM
in social
various spheres of economic
system base on one oractivity,
widening cooperative efforts, and a
more such areas (Merriam
growing commitment to international
Dictionary).
collaboration (Asian Regionalism)
ASIAN REGIONALISM
Development of a political
or social system base on
one or more such areas in
Asia.
Asian
Regionalism
Association
???
? ?
ASIA PACIFIC ECONOMIC
COOPERATION (APEC)
• Established in 1989
• Objective
Aim to create greater prosperity balanced, inclusive, sustainable,
innovative and secure growth and by accelerating regi9nal economic
integration.
• What does APEC do?
APEC ensures that goods, services, investments and people move
easily across borders.
The forum adapts to allow members to deal with important new
challenges to region’s economic well-being.
APEC’s 21 members economies are: