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Pacific Economic Cooperation Council

Event 

Title:
PECC XX: Twentieth PECC General Meeting
When:
28 Sep, 2011 - 30 Sep, 2011
Where:
USA, Washington DC. - Washington DC
Category:
PECC Events

Description



State of the Region


September 28-30, 2011

The Madison Hotel, Washington D.C., USA

(Program as at 14 Sep 2011)

 

Wednesday, September 28

Opening Dinner

Speaker: Deputy US Trade Representative Demetrios Marantis (video)

Thursday, September 29

0800

Registration and Coffee

0830

Introductions and Opening Remarks
iconIntro & Opening remarks, and Session 1: Asia-Pacific Regional Outlook (5.41 MB)
  • Charles E. Morrison, Co-Chair, PECC and President, East-West Center (video)
  • Jusuf Wanandi, Co-Chair, PECC and Co-Founder and Vice Chair, Board of Trustees, Centre for Strategic and International Studies (CSIS) Foundation, Jakarta, Indonesia (video)
 

0845

Asia Pacific Regional Outlook

Moderator: Zou Mingrong, Executive Vice Chairman, China National Committee for Pacific Economic Cooperation (CNCPEC)

Overview and Forecast

State of the Region Report

Question and Answers (video)

1000

Opening Address
icon Keynote Address (1.69 MB)

  • Hon. Kurt Campbell, Assistant Secretary of State for East Asian and Pacific Affairs (video)
  • Introduced by: Charles E. Morrison, Co-Chair, PECC and President, East-West Center 

 1030

Concurrent Sessions:


Enabling 21st Century Services in the Asia Pacific

Overview: Services are a key driver of regional economic growth and competitiveness. The services industry adds value of more than 50 percent to regional GDP. All APEC economies are successfully exporting services of one kind or another. Governments often claim, nevertheless, to have touble understanding where their commercial interests in services lie. The data paucity and resulting relative ignorance of the services economy leads to policy defensiveness and widespread reluctance to open up to foreign participation. Meanwhile, new evidence is emerging that shows that the regional services economy suffers from relatively high levels of government intervention, which has had a negative impact on competitiveness. The average services share of total exports for the APEC region is well below the global average.

The determinants of services competitiveness and export performance are relatively poorly understood. Nor has the role of services in global and regional value chains been adequately studied or understood. The benefits of regulatory reform for services have not been widely advocated. And far too little attention has been given to improving the governance arrangements for 21st century trade and investment in services. The inter-governmental agenda lags badly behind the fast-changing business realities in the market place. The task of rebalancing global growth in the aftermath of the recent global financial crisis could be helped by designing more effective strategies for services, both domestically and internationally. This Concurrent Session will examine these issues.

Concurrent Session Facilitator:

  • Prof. Christopher Findlay, Vice Chair, Australian Pacific Economic Cooperation Committee (AUSPECC), and Professor of Economics and Executive Dean, Faculty of the Professions, University of Adelaide

Speakers:

Rapporteur:

  • Ms. Sherry M. Stephenson, Head, Insitutional Relations, Department of International Affairs, Organization of American States.


The Trans-Pacific Partnership: Views from the Inside and the Outside

Overview: The Trans-Pacific Partnership (TPP) is a multilateral free trade agreement that would further liberalize trade among a group of Asia-Pacific economies. The original parties to the agreement, Brunei, Chile, New Zealand and Singapore are negotiating with five additional economies - Australia, Malaysia, Peru, United States, and Vietnam - that wish to join the group. TPP is considered by APEC to be a pathfinder for its proposed Free Trade Area of the Asia Pacific (FTAAP).

While TPP would result in trade benefits to its members, its implications for non-members,whom it may disadvantage, are raising new questions and concerns in the region. These include, for example, the potentially widespread application of newly proposed intellectual property protections for TPP members as well as trade discrimination in sensitive sectors such as agriculture and other areas. At the same time, the economic advantages for non members arising from possible accession to the TPP have stirred strong domestic policy debates in several regional economies.

This session will reflect perspectives from both the "inside," i.e., the parties to the negotiations, and the "outside," the non-participants, with a view to developing a more complex and, it is hoped, nuanced understanding if the implications of the TPP for the Asia Pacific region.

Concurrent Session Chair:

  • Prof. Peter Petri, Carl J. Shapiro Professor of International Finance, Brandeis University

Speakers:


Paths to More Inclusive Growth

Overview: At APEC 2010 Yokohama, the leaders agreed to pursue five growth strategies: balanced, inclusive, sustainable, innovative, and secure growth. Under the banner of inclusive growth, APEC economies will strive to ensure that all people of the region have the opportunity to participate in, contribute to, and benefit from global economic growth. "The APEC Leaders' Growth Strategy" further states that APEC should support policies that increase opportunities for workers to benefit from (1) regional economic integration, (2) an improved business environment for small and medium-sized enterprises (SMEs), and (3) increased access to finance for the most vulnerable sectors such as microenterprises (MEs). In addition, the statement calls on APEC economies to create sufficient opportunities for potentially disadvantaged and marginalized groups, including youth, elderly and women, through better education, training, and employment programs.

In this session, speakers will explore social policy issues and human development measures such as employment, education, empowerment, and social security. They also will examine the current status of PECC economies and the ways in which they hope to achieve inclusive growth in the future.

Concurrent Session Chair:

  • Amb. Yoshiji Nogami, Chair, Japan National Committee for Pacific Economic Cooperation (JANCPEC), and President, Japan Institute of International Affairs

Speakers:

1200

Luncheon
icon Luncheon Address (1.66 MB)

  • Hon. Francisco J. Sanchez, Under Secretary of Commerce for International Trade (video)
  • Introduced by: Manfred Wilhelmy, Director, Chile Pacific Foundation and Chair, Chilean National Committee for Pacific Economic Cooperation (CHILPEC)

1400

Regional Dynamics
icon Regional Dynamics (4.02 MB)  

Moderator: Tan Khee Giap, Singapore National Committee for Pacific Economic Cooperation (SINCPEC)


The Emerging Role of Bilateral Free Trade Deals in the Asia-Pacific

The New Regional Energy Equation

Regional Challenges in Structural Unemployment


1530

The Future of Regional Economic Cooperation

Moderator: Charles E. Morrison, Co-Chair, PECC and President, East-West Center


APEC

  • Kurt Tong, US Senior Official for Asia Pacific Economic Cooperation
    (video) 

East Asia Summit

ASEAN-Plus Three

  • Narongchai Akrasanee, former Minister of Commerce and Chair, Thailand National Committee for Pacific Economic Cooperation (TNCPEC)
    icon ASEAN +3 (390.08 kB), (video)

Asia in the G-20

  • C. Fred Bergsten, Director, Peter G. Peterson Institute for International Economics
    (video)

Question and Answer Session (video)

1645

Conclusion

  • Jusuf Wanandi, Co-Chair, PECC and Co-Founder and Vice Chair, Board of Trustees, Centre for Strategic and International Studies (CSIS) Foundation, Jakarta, Indonesia
  • Charles E. Morrison, Co-Chair, PECC and President, East-West Center
  * PECC Youth Delegate Report

* PECC Youth Delegate Program, 27 Sep - 30 Sep 2011
  * Video clips are available in Youtube Channel.

Venue

Venue:
USA, Washington DC.
City:
Washington DC
Country:
USA

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