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Impact of Asia-Pacific Economic Cooperation (APEC) to the contemporary economy

Author

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  • Agnieszka Drews

    () (Nicolaus Copernicus University, Poland)

Abstract

Trade is one of the important aspects of economic policy in the contexts of the third wave of regionalism. It is proven by growing number of trading agreement between regions and what goes after, expansion of positive aspects of economic cooperation. The aim of this article is to describe liberalization of trade and its changes through the ages and also deep analysis of influence of APEC at world economy. In this document the secondary data analysis and review of available literature was used. Analysis let claim that regional integration groups, with APEC in between, have crucial influence at trade and foreign direct investment creation.

Suggested Citation

  • Agnieszka Drews, 2015. "Impact of Asia-Pacific Economic Cooperation (APEC) to the contemporary economy," Working Papers 148/2015, Institute of Economic Research, revised Jun 2015.
  • Handle: RePEc:pes:wpaper:2015:no148
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    More about this item

    Keywords

    interregional trade agreements; trade liberalization; regionalism; APEC;

    JEL classification:

    • J51 - Labor and Demographic Economics - - Labor-Management Relations, Trade Unions, and Collective Bargaining - - - Trade Unions: Objectives, Structure, and Effects
    • F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations
    • F42 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - International Policy Coordination and Transmission
    • N75 - Economic History - - Economic History: Transport, International and Domestic Trade, Energy, and Other Services - - - Asia including Middle East
    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development
    • O24 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy - - - Trade Policy; Factor Movement; Foreign Exchange Policy

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