EVENTS
19th PECC General Meeting, 21-22 October 2010
 The 19th PECC General Meeting will be held in Tokyo on 21-22 October 2010, hosted by the Japan National Committee for Pacific Economic Cooperation (JANCPEC), three week ahead of the annual APEC Summit and G-20 Summit. The theme of this year's General Meeting is “PECC at 30: New Vision for APEC and Toward Further Regional Economic Cooperation."
The plenary sessions will cover the following topics:
• Economic Recovery and Growth in Asia and the Pacific
• Towards Resilient Society
• Climate Change
• A Post-2010 APEC Trade Agenda
• The Future of Global and Regional Cooperation: Looking toward the G-20 and APEC
In addition to the plenary sessions, four concurrent sessions will focus on:
• Demography and Aging Society
• Environmental Sustainability in Urban Centers
• Disaster Relief
• Macrofinancial Linkages and Financial Deepening
PECC General Meetings are open to the public who register with the respective member committees. With the aim of engaging the next generation leaders, a select number of youth delegates are also invited to attend. Registration closes on 4 October 2010.
In conjunction with the 19th General Meeting, PECC Standing Committee Meeting will take place during 19-20 October at Hotel Okura, Tokyo.
Macrofinancial Linkages and Financial Deepening, 11-12 September 2010
The Pacific Economic Outlook Structure Group will hold its second meeting on the topic on 11-12 September 2010 in Osaka, Japan. The project will address the following questions:
1. The current crisis has seriously affected financial linkages as well as macroeconomic developments in the region. Will this change the structure of the macrofinancial linkages?
2. Will the crisis affect domestic financial deepening in the emerging market economies in the region?
3. How will be the regional financial cooperation in the region affected and what can be done to strengthen it?
ISSUES
A Post-2010 Trade Agenda
From left: ADB Institute Dean Dr Masahiro Kawai; Indonesia's Vice Minister of Trade, Mr Mahendra Siregar; and PECC task force coordinator, Dr Robert Scollay
The year 2010 can justly be viewed as a watershed year for trade policy in the Asia Pacific region. The global financial crisis and its aftermath have changed the environment for trade policy. It is also the year when the industrialized APEC economies will be assessed on their progress on the Bogor Goals. Last year's PECC taskforce on economic crisis stressed that the export-led model of East Asian growth faces inevitable adjustment in the light of diminished capacity of the US consumer market to absorb the East Asian exports.
Experts from the region gathered in Tokyo on 6-7 July 2010 to discuss a "Post-2010 Trade Agenda for the Asia-Pacific". The conference co-organized by PECC, the Asian Development Bank Institute and the Inter-American Development Bank forms part of the work of the PECC trade taskforce.
MEMBER UPDATES
SINCPEC: Towards Balanced and Sustainable Growth Strategies for Post-Crisis Asia: A Shifting Paradigm and Challenges, 16 August 2010
The Singapore National Committee for Pacific Economic Cooperation (SINCPEC) hosted a conference on 16 August 2010 featuring three panel sessions covering: 1) Raising the quality of life and inclusive growth for Asians; 2) Financial deepening and integration in Asia; and 3) Towards balanced and sustainable growth in post-crisis Asia. The one-day conference ended with a book launch of "Rebalancing for Sustainable Growth: Asia's Post-crisis Challenge," edited by Dr. Masahiro Kawai (ADBI) and Dr. Jong-Wha Lee (ADB).
KOPEC: Dr Soogil Young appointed Chair of the Presidential Committee on Green Growth
Dr. Soogil Young, Chair of KOPEC, was appointed by President Lee Myung-bak of the Republic of Korea as the Chairman of the Presidential Committee on Green Growth (www.greengrowth.go.kr) to co-chair the work and meetings of the Committee with the Prime Minister. The Committee is Korea's highest-level policy-deliberation body on all matters related to Korea's climate change mitigation and adaptation strategies and policies, promotion of green economy and its growth, and contribution to green growth in the developing world.
AUSPECC: Award for Peter Drysdale
The Australian National University (ANU) conferred the honorary degree of Doctor of Letters, one of its highest honours, on Peter Drysdale at a graduation ceremony on Friday, 16 July 2010. Peter is a former AUSPECC Chair and is head of the PAFTAD Secretariat.
PERUPEC: Amb Luis Quesada new head of committee
Ambassador Luis Quesada is the new Chair of PERUPEC since July 2010. He is concurrently Peru’s Senior Official for APEC and Director General of Asia-Pacific Affairs at the Ministry of Foreign Affairs. He takes over the position of PERUPEC Chair from Ambassador William Belevan-McBride.
JANCPEC: 46th National Committee Meeting
JANCPEC held its 47th national committee meeting on 9 July 2010 with members and invited guests. They discussed the ongoing Social Resilience project and updated the progress of PEO Structure Group as well as the preparations for the upcoming General Meeting in October.
HKCPEC: 45th National Committee Meeting
The 45th meeting of the Hong Kong Committee for Pacific Economic Cooperation (HKCPEC) was held on Wednesday 7 July 2010. The Chairman of HKCPEC, Professor Sung Yun-wing, chaired the meeting which covered the following agenda: report from the HKCPEC seminar held in January 2010, outcome of the APEC Meeting of Ministers Responsible for Trade held in Sapporo in June 2010, HKCPEC's participation in the PECC Internship Programme, selection of youth delegates to attend the 19th General Meeting and the Standing Committee Meeting of PECC to be held in Tokyo in October 2010.
USAPC: Washington Report 'US-Southeast Asia Relations'
The latest issue of the USAPC's Washington Report features commentary by Prof. Karl D. Jackson of Johns Hopkins University. He examines the implications of political developments in Southeast Asia on the Obama Administration's efforts to generate closer relations with the region.
The Washington Report is a bimonthly newsletter that provides an "inside-the-beltway" perspective on developments in U.S.-Asia Pacific relations.
PECC Mourns the Passing of Pak Hadi
 Dr Hadi Soesastro, founding member of PECC, Executive Director of the Indonesian PECC committee (INCPEC) and international chair of the Pacific Trade and Development Forum (PAFTAD) passed away on 4 May.
Pak Hadi, as he was fondly called by Indonesians and others alike, was one of the intellectual founders of regionalism in Southeast Asia and the broader Asia-Pacific.
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PUBLICATIONS
Light the Lamp: Papers on World Trade and Investment in Memory of Bijit Bora
 Indonesia's Minister of Trade, Her Excellency Dr Mari Pangestu, is the co-editor of a new book, Light the Lamp: Papers on World Trade and Investment in Memory of Bijit Bora. Bijit was a long-time contributor to the work of PECC, especially to the Trade Forum and to PECC’s work on investment. He died suddenly in 2006 aged 45 and this collection of papers covers the main topics of his research interests.
The book was launched in Jakarta on 21 July. Co-editors are Christopher Findlay and David Parsons.
Inclusive, Balanced, Sustained Growth
 Based on work by the PECC Taskforce on economic crisis and recovery, the Report provides a policy framework for completing the recovery and achieving sustained growth beyond it. The international team of experts identifies priorities for replacing stimulus programs with structural reforms, and for launching new growth engines to drive investment and employment throughout the Asia Pacific region.
Edited by Peter A. Petri (Brandeis University/ East-West Center)/ Published by PECC and ISEAS (May 2010)
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