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Asia-Pacific Economic Cooperation: The Goods Market

Author

Listed:
  • Cayetano Paderanga Jr.

    (Member, Monetary Board, Bangko Sentral ng Pilipinas)

Abstract

This article looks into the static and dynamic effects of free trade areas such as the ASEAN Free Trade Area (AFTA) and the ASIA-Pacific Economic Cooperation (APEC). It emphasizes the political economic role by these groupings in a step-by-step process of opening up and liberalization. It also examines some of the costs of joining APEC and what may be done to ease the process of adjustment.

Suggested Citation

  • Cayetano Paderanga Jr., 1995. "Asia-Pacific Economic Cooperation: The Goods Market," Philippine Review of Economics, University of the Philippines School of Economics and Philippine Economic Society, vol. 32(2), pages 148-158, December.
    • Handle: RePEc:phs:prejrn:v:32:y:1995:i:2:p:148-158
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    File URL: http://pre.econ.upd.edu.ph/index.php/pre/article/view/123/474
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