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U.S. Interests and Asia-Pacific Cooperation

Peter Petri () and Michael Plummer ()

Philippine Journal of Development from Philippine Institute for Development Studies

Abstract: As APEC provides venue for exploiting trade and investment gains in an integrated market, it allows the U.S. to strengthen its ties with the world’s dynamic economies and creates a global policy environment that promotes liberalization. Despite the tremendous benefits, however, the American public knows little about APEC. This paper argues that the United States has a vital stake in APEC. It also outlines the challenges the cooperation will face in the future despite good performance over the past eight years.

Keywords: trade sector; economic openness; economic integration; APEC (search for similar items in EconPapers)
Pages: 26
Date: 1996
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Persistent link: https://EconPapers.repec.org/RePEc:phd:pjdevt:jpd_1996_vol__xxiii_no__1-e

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