2005-Future of APEC-Borthwick-MacDuff-Eleck-Parsons-Findlay-Soesastro-Garnaut-WooThe Future of APEC and Regionalism in Asia Pacific - Perspectives from the Second Track

Edited by Mark Borthwick, David MacDuff, Andrew Elek, David Parsons, Christopher Findlay, Hadi Soesastro, Ross Garnaut and Yuen Pau Woo 

Sponsored by the Centre for Strategic and International Studies Jakarta, Indonesia 

and Pacific Economic Cooperation Council

Published in 2005 by Centre for Strategic and International Studies (CSIS)




This volume is a collection of recent essays on Asia Pacific economic cooperation and confronts some of the most pressing issues in trans-Pacific cooperation today. The phenomenal economic growth and development achieved during this current era of globalization has been accompanied by the contradictory forces of fragmentation and integration. Links between individuals are unprecedented adn information can be shared at the click of a button. These trends pose serious challenges as well as opportunities for policy makers. The opportunity is that policy makers can adopt successful policies form around the world to hasten economic development. The challenge is that the inefficiency of the global economy is insensitive to domestic political and societal needs. International and regional institutions can help build the individual and collective confidence to engage in the global economy as well as softening often painful change. 

The contributors tackle isuuses such as the possibility of binding commitments within the APEC process, the restructuring of the APEC Secretariat into an OECD-type institution, US attitudes towards greater East Asian integration, and rethinking what open regionalism means today. 


1. Re-writing APEC's Approach?

2. APEC as a Pacific OECD

3. The Mid-term Review of the Bogor Goals: Strategic Issues and Options

4. A Review of the APEC Individual Action Plan Peer Review Process

5. The Challenges of Good Governance: The Role of APEC

6. The United States in an Asia Pacific Community

7. A New Open Regionalism in the Asia Pacific


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Pacific Currents

International cooperation during COVID-19
Sungbae An
Senior Research Fellow, Department of International Macroeconomics and Finance, Korea Institute for International Economic Policy (KIEP)

G20 comes to the fore again
Jorge Heine
Research Professor, Pardee School of Global Studies, Boston University; Non-resident senior research fellow at the Center for China and Globalization in Beijing

Tackling COVID-19 Together: A Bottom-Up Approach to Trade Policy
Simon J. Evenett
Economics Professor at the University of St. Gallen, Switzerland and Global Trade Alert

Drastic measures to stop spread of COVID-19 are necessary
Charles E. Morrison
Adjunct Fellow and Former President of the East-West Center; Former Co-Chair, PECC

International Trade at a Time of Covid-19
Roy Santana
Expert on tariffs and customs issues at the WTO; occasional lecturer

ASEAN-China cooperation in time of COVID-19 pandemic
Jusuf Wanandi
Vice Chair, Board of Trustees, CSIS Foundation; Former Co-Chair of PECC

Preferential Trade Agreements Vs. Multilateralism: In The New Trump-World, Does Canada Face An Impossible Choice?
Judit Fabian
Visiting Researcher, Graduate School of Public and International Affairs, University of Ottawa