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English as the Language of Trade, Finance and Technology in APEC: An East Asia Perspective

Author

Listed:
  • Medalla, Erlinda M.
  • Lazaro, Dorothea C.

Abstract

The use of English language for cross-border communications is important in many areas of trade ranging from tourism to the trade in financial services. This is in order to build a stronger regional economy through freely and openly communicating with one another. However, the increasing involvement in trade, tourism and international relations among APEC Member countries where English is not spoken as the first language poses some problems and barriers in achieving aspired regional cooperation. Efforts have been made by the government to encourage the internalization of the English as a second language. This has become a trend in many developing countries specifically in the East Asia and notably in South East Asian. This paper provides a survey of these efforts made. The different models used may be used or bench marked by others but more importantly cooperation in exchanges of ideas, information and resources would greatly benefit this objective.

Suggested Citation

  • Medalla, Erlinda M. & Lazaro, Dorothea C., 2004. "English as the Language of Trade, Finance and Technology in APEC: An East Asia Perspective," Discussion Papers DP 2004-36, Philippine Institute for Development Studies.
  • Handle: RePEc:phd:dpaper:dp_2004-36
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    References listed on IDEAS

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    1. Soloaga, Isidro & Alan Wintersb, L., 2001. "Regionalism in the nineties: what effect on trade?," The North American Journal of Economics and Finance, Elsevier, vol. 12(1), pages 1-29, March.
    2. Jeffrey A. Frankel, 1997. "Regional Trading Blocs in the World Economic System," Peterson Institute Press: All Books, Peterson Institute for International Economics, number 72.
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    Cited by:

    1. Andreas Hoepner & Arleta Majoch, 2016. "Pension Funds and the Principles for Responsible Investment: Multiplying Stakeholder Salience?," ICMA Centre Discussion Papers in Finance icma-dp2016-07, Henley Business School, Reading University.

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