IDEAS home Printed from https://ideas.repec.org/p/iie/wpaper/wp96-12.html
   My bibliography  Save this paper

APEC in 1996 and Beyond: The Subic Summit

Author

Listed:
  • C. Fred Bergsten

    () (Peterson Institute for International Economics)

Abstract

At their initial summit in Seattle in 1993, the APEC leaders decided to create "a community of Asia Pacific economies" and spurred the successful conclusion of the Uruguay Round in the GATT. In Indonesia in 1994, the leaders agreed via their Bogor Declaration "to achieve free and open trade and investment in the region" by dates certain--2010 for the industrial countries that make up 85 percent of APEC trade and 2020 for the rest. This is potentially the most sweeping trade agreement in history, committing half the world economy to eliminate all barriers to exchange among them. In addition, APEC has consistently pledged to promote further liberalization of the global trading system under its doctrine of "open regionalism."

Suggested Citation

  • C. Fred Bergsten, 1996. "APEC in 1996 and Beyond: The Subic Summit," Working Paper Series WP96-12, Peterson Institute for International Economics.
  • Handle: RePEc:iie:wpaper:wp96-12
    as

    Download full text from publisher

    File URL: https://piie.com/publications/working-papers/apec-1996-and-beyond-subic-summit
    Download Restriction: no

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:iie:wpaper:wp96-12. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Peterson Institute webmaster). General contact details of provider: http://edirc.repec.org/data/iieeeus.html .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.