State of the Region

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EXPLANATION OF TERMS USED IN THE REPORT


ABAC
APEC Business Advisory Council
AEC
ASEAN Economic Community
AP
Asia-Pacific
APEC
Asia-Pacific Economic Cooperation
APRU
the Association of Pacific Rim Universities
ASEAN
Association of Southeast Asian Nations
B20
Private sector´s voice of the G20 community
CAGR
Compound Annual Growth Rate
CGE
Computable General Equilibrium
CPTPP
Comprehensive and Progressive Agreement on TransPacific Partnership
EIU
Economist Intelligence Unit
FDI
Foreign Direct Investment
FTA
Free Trade Agreement
FTAAP
Free Trade Area of the Asia-Pacific
G20
Group of Twenty (Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan
 
Republic of Korea, Mexico, Russia, Saudi Arabia, South Africa, Turkey, United Kingdom, United States, and the European Union)
GDP
Gross Domestic Product
GFC
Global Financial Crisis
GNI
Gross National Income
GRIPS
National Graduate Institute for Policy Studies
HKUST
Hong Kong University of Science and Technology
ICT
Information and Communications Technology
IMF
International Monetary Fund
IR
Industrial Revolution
MFN
Most Favored Nation
MSME
Micro, Small and Medium Enterprises
NA
North America
NAFTA
North American Free Trade Agreement
NEA
Northeast Asia
NTM
Non-Tariff Measure
NZPECC
New Zealand Committee of the Pacific Economic Cooperation Council
OCE
Oceania
OECD
Organisation for Economic Co-operation and Development
ORION
On-Road Integrated Optimization and Navigation
PA
Pacific Alliance
PECC
Pacific Economic Cooperation Council
PNG
Papua New Guinea
PSA
Pacific South America
PSU
(APEC) Policy Support Unit
RAASR
Renewed APEC Agenda for Structural Reform
RCEP
Regional Comprehensive Economic Partnership
RTA
Regional Trade Agreement
SEA
Southeast Asia
SME
Small and Medium Enterprises
STEM
science, technology, engineering and mathematics
TACs
Trade Association and Chambers
TPP
Trans-Pacific Partnership
US
United States
USMCA
the US-Mexico-Canada Agreement
WEO
World Economic Outlook
WTO
World Trade Organization

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Pacific Currents

Digital Technologies, Services and the Fourth Industrial Revolutions
Submitted by Jane Drake-Brockman, Christopher Findlay, Yose Rizal Damuri and Sherry Stephenson 


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