PARK Sung-Hoon

APEC at a crossroads: challenges and opportunities/ Sung-Hoon Park, Jeong Yeon Lee - 2009

Under the weight of various challenges, growing frustration both inside and outside APEC clouds its prospects as a lead institution in promoting regional cooperation in the Asia-Pacific. To help consider the future of APEC, 4 scenarios is given in this article that describe alternative paths the organisation may take: 1. preserve the status quo, 2. model after the Organization of Economic Cooperation and Development (OECD), 3. an institution for Asia-Pacific security cooperation, or 4. a free trade area of the Asia-Pacific (FTAAP). This article goes on to provide conclusion from the analysis of these scenarios and what the effect will be on APEC.


ASIA PACIFIC--REGIONAL COOPERATION
ASIA PACIFIC--REGIONAL ECONOMY
APEC