APEC Process and Future Prospects Chen-Sheng Ho, Ph.D. Associate Research Fellow Chinese Taipei APEC Study Center Taiwan Institute of Economic Research.

Slides:



Advertisements
Similar presentations
1 Relative Importance of North-South and South-South Trade Bipul Chatterjee Deputy Executive Director, CUTS International (
Advertisements

STRENGTHENING FINANCING FOR DEVELOPMENT: PROPOSALS FROM THE PRIVATE SECTOR Compiled by the UN-Sanctioned Business Interlocutors to the International Conference.
WTO - TBT Committee Ana Maria Vallina, PhD Coordination Among Regulatory Bodies: The Chilean Experience Ana Maria Vallina PhD Head of Foreign Trade Department.
Coping with multiple uncertainties: Latin America in the TPP negotiations Sebastián Herreros Geneva, 24 September 2012.
Smart Institutions for Territorial Development (SMART-IST) 1/3 Purpose: Identification of common institutional prerequisites that are deemed essential.
Overview of Regional Investment Promotion and Facilitation Schemes -Possible Applications in the SEE 10 th Meeting of the South East European Investment.
Improving the Intelligence of Assessment Through Technology: An IES Perspective Martin E. Orland, Ph.D. Special Assistant Institute of Education Sciences.
COMPETITION POLICY AND ECONOMIC DEVELOPMENT PRESENTATION AT CUTS-ARC CAPACITY BUILDING WORKSHOP, LUSAKA 7 TH MARCH, 2011 BY SAJEEV NAIR, COMPETITION POLICY.
Economic Growth in Mozambique Experience & Policy Challenges Crispolti, V. (AFR) Vitek, F. (SPR)
Quality management Vincent A Ssembatya.
Kosovo’s Institutions and CEFTA Elinor Bajraktari UNMIK European Union Pillar 23 February 2007 UNMIK EU PILLAR Economic Policy Office.
A DVANCING THE R EALIZATION OF APEC’ S FTAAP Chen-Sheng Ho, Ph.D. Associate Research Fellow Chinese Taipei APEC Study Center Taiwan Institute of Economic.
Chapter 8 Economic Integration.
SUB-REGIONAL CONFERENCE ON IMPROVING INDUSTRIAL PERFORMANCE AND PROMOTING EMPLOYMENT IN THE SOUTHERN AFRICAN DEVELOPMENT COMMUNITY GALLAGHER ESTATES, JOHANNESBURG,
Presentation on Managing for Development Results in Zambia By A. Musunga Director M&E MOFNP - Zambia.
MICROECONOMIC POLICY REFORM STRATEGY FOR REGIONAL COOPERATION Hadi Soesastro CSIS, Indonesia.
Materializing Busan Roadmap: New Proposals for Trade Facilitation and Capacity Building Dr. David Hong Executive Director Chinese Taipei APEC Study Center.
SAFTA: Tariff and Other Measures to Enhance Integration Dr Zafar Mueen Nasir Chief of Research Pakistan Institute of Development Economics.
TEMPLATE DESIGN © The Homework Effect: Does Homework Help or Harm Students? Katherine Field EdD Candidate, Department.
Quality Assurance in a Changing World María José Lemaitre INQAAHE Conference Abu Dhabi, March 2009.
SOCIAL AND LABOUR PLAN.
Japan’s FTAs/EPAs with APEC Economies Nobuhiko Sasaki Deputy Director-General APEC Senior Official METI Japan March 2006.
Rome Energy Meeting 2008 Rome, November 2008 Investments Opportunities and Project Finance in the Energy Market Luigi Marsullo President Finpublic.
2015 A PPLICATION P ROCESS FOR APEC-F UNDED P ROJECTS Chen-Sheng Ho, Ph.D. Associate Research Fellow Chinese Taipei APEC Study Center Taiwan Institute.
The Draft SADC Annex on Trade in Services UNCTAD Secretariat Sub-regional Conference on Improving Industrial Performance and Promoting Employment in SADC.
Trade Facilitation Implementation: Some evidence from Africa David Luke Coordinator of the African Trade Policy Center Regional Integration and Trade Division.
Session 1 MANAGING Mata kuliah: A0012 – Manajemen Umum Tahun: 2010.
Transatlantic Trade and Investment Partnership (TTIP): A U.S. Perspective Prepared by the Trans-Atlantic Business Council.
1 Chapter 8 Economic Integration. 2 Learning Objectives To review types of economic integration among countries To examine the costs and benefits of integrative.
Assessment of Regional Coordination Capacities Szepesi Balázs Lead Evaluator Workshop on introducing territorial development evaluations April 25, 2013.
ICTSD/IDRC Symposium ‘Rationalising Regional Arrangements In The South – Before and After Hong Kong’ Towards A Framework For Amalgamation Of East Asia.
World Trade Organization Ally Cardoso Kevin Fitzpatrick WTO.
Department of Innovation, Trade and Rural Development Municipal Symposium May 10, 2008.
1 The Monterrey Consensus: Progress, Challenges and Way Forward Patrick N. Osakwe Trade, Finance and Economic Development Division.
Reforming civil service in the Baltic States: the Case of Lithuania Jurgita Siugzdiniene, PhD Department of Public Administration, Kaunas University of.
Nurturing an Integrated Logistics and Transportation System for the APEC Economics September 6, 2006 Asst. Prof. Dong Keun Ryoo Korea Maritime University.
Region 1 Training Workshop Crowne Plaza Albany – 1-2 August 2008 Session 1A Strategic Planning Arthur W. Winston Chair, R1 Strategic Planning Committee.
1 Structural Reform: An Important Aspect of Regional Economic Integration Kyung-Tae Lee.
The Role of Peer Review in a Multilateral Framework on Competition Policy Andrea Bruce Investment Trade Policy UNCTAD Regional Seminar for Latin America.
TOWARDS BETTER REGULATION: THE ROLE OF IMPACT ASSESSMENT COLIN KIRKPATRICK IMPACT ASSESSMENT RESEARCH CENTRE UNIVERSITY OF MANCHESTER, UK UNECE Symposium.
Chen-Sheng Ho, Ph.D. Associate Research Fellow Chinese Taipei APEC Study Center TIER.
EVOLUTION OF REGIONAL INTEGRATION
1 Liberalisation of Air Services in the APEC Region Australia Richard Wood Department of Transport and Regional services.
Developing a Framework In Support of a Community of Practice in ABI Jason Newberry, Research Director Tanya Darisi, Senior Researcher
Inside APEC 11 January 2006 APEC Secretariat Presented by Anita Douglas Communications & Public Affairs Director, APEC Secretariat.
Developments in International Trade Stephen Karingi 2 nd June, 2011.
ENHANCING OUR UNDERSTANDING OF APEC CONCEPT NOTE & PROPOSAL FORMS Chen-Sheng Ho, Ph.D. Associate Research Fellow Chinese Taipei APEC Study Center TIER.
David A. Olive General Manager, Fujitsu Limited WITSA Public Policy Chairman WITSA Public Policy Meeting Athens, Greece May 15, 2005 Global Public Policy.
APPLICATION PROCESS FOR APEC-FUNDED PROJECTS Chen-Sheng Ho, Ph.D. Associate Research Fellow Chinese Taipei APEC Study Center Taiwan Institute of Economic.
Economic Integration Definition: economic cooperation between countries and co-ordination of their economic policies, leading to increased economic links.
ORGANISATION FOR ECONOMIC CO-OPERATION AND DEVELOPMENT ORGANISATION DE COOPÉRATION ET DE DEVELOPMENT ÉCONOMIQUES OECDOCDE Workshop on improving statistics.
Regional Integration in East Asia and the Pacific -Is FTAAP a Catalyst for Success? Kyung-Tae Lee.
1 Major Information on APEC’s ECOTECH Work Chen S. Ho, Ph.D. Associate Research Fellow Chinese Taipei APEC Study Center.
1 REDUCING TRADE BARRIERS THROUGH GOOD REGULATORY PRACTICE FOR STANDARDS AND TECHNICAL REQUIREMENTS by Anthony Kleitz Acting Deputy Director Trade Directorate,
Overview of Good Regulatory Practice Kent Shigetomi Office of the U.S. Trade Representative.
Kerstin Ödman Chair of the Strategy Working Group Ad hoc NDPHS Strategy Working Group Report for the NDPHS committee of Senior Representatives Riga,
CSR in Romania – between illusion and reality With particular focus on Small and Medium Sized Enterprises Discussant: Dina Ursua LIDEEA Development Actions.
【 CWEF 2015 】 The Global Rush for Free Trade 1 John Deng Minister of Economic Affairs, Taiwan January 29, 2015.
Project: EaP countries cooperation for promoting quality assurance in higher education Maria Stratan European Institute for Political Studies of Moldova.
Chairman of the Board and CEO,
Module 1: Introducing Development Evaluation
The Investment Policy Review Programme
GENDER STATISTICS IN INFORMATION AND COMMUNICATION
ASEAN Economic Community and Cambodian Entrepreneurs
Internet Interconnection
Office of Information and Regulatory Affairs
Competitiveness of the regional market, importance of statistics and innovations THE ROLE OF RESEARCH CENTERS IN PROMOTING OF RESEARCH Sarajevo, 8th.
APEC Project Cycle Overview
Overview of Good Regulatory Practice
Workshop on GRP, Quito, Ecuador, 7-9 Nov. 2018
Presentation transcript:

APEC Process and Future Prospects Chen-Sheng Ho, Ph.D. Associate Research Fellow Chinese Taipei APEC Study Center Taiwan Institute of Economic Research

Purpose of Presentation  Analyze the overall APEC Process.  Assess the Bogor Goals in particular.  Provide suggestions for enhancement.

The Dynamic APEC Process APEC Process: Four Interacting Elements  APEC Goals: Bogor Goals (developed economies will achieve free and open trade and investment by 2010 and developing economies by 2020).  Decision-Making Principles: Consensus building, voluntary participation, and non-binding decisions.  Organizational Structure: Policy-level APEC fora and working-level APEC fora.  Approaches: Types of APEC actions, such as individual action plans (IAPs), collective action plans (CAPs), best practices, pathfinder approach, and model measures.

APEC Process APEC Goals Organizational Structure Decision-Making Principles APEC APEC Growth APEC Process Approaches

Analyzing the APEC Process Before the Bogor Goals ( )  APEC Goals: closer regional economic cooperation and supporting the multilateral trading system.  Decision-Making Principles: Similar to current principles.  Organizational Structure: Gradual development; 2 fora in 1989 and 11 by  Approaches: Concrete approaches not evident.

Analyzing the APEC Process After the Bogor Goals (1994-Today) Major Observations  The creation of the Bogor Goals strengthens APEC’s development in a positive way.  The Bogor Goals do not have a quantitative target, such as 0 tariffs, so that free trade could be loosely interpreted.  The decision-making principles remain useful because of flexibility.  The Organizational Structure has been enhanced with 20 fora in 1994 and about 45 presently.  The approaches have diversified but most actions, implemented in the form of meetings and studies, may have limited impact.

Analyzing the APEC Process After the Bogor Goals (1994-Today) Major Challenges  APEC process may be moving too slowly, because of flexibility.  APEC could be focusing on too many issues.  APEC process may be too expensive with costs greater than benefits.

Assessing Bogor Goals and ECOTECH-TILF Relationship  The creation of Bogor Goals resulted in OAA’s TILF and ECOTECH in  The Bogor Goals have caused TILF to garner greater attention than ECOTECH.  APEC developed members promote TILF while developing members support ECOTECH.  Within TILF, APEC has implemented more trade facilitation actions than trade liberalization actions.  The ITA is the most notable success of APEC trade liberalization.  In reality, the achievement of Bogor Goals is being driven by trade facilitation.  ECOTECH is supposed to support TILF but has largely operated independently.

Progress in Achieving the Bogor Goals APEC’s View: Positive Advancement 2005: “A Mid-Term Stocktake of Progress towards the Bogor Goals”  The Report states that APEC economies have achieved significant liberalization and facilitation of trade and investment since  The Report also suggests that APEC supports WTO; develop effective IAPs and CAPs; emphasize trade and investment facilitation; enhance ECOTECH cooperation; and create workplan on FTAs.

Progress in Achieving the Bogor Goals APEC’s View: Positive Advancement 2010: “Fact Sheet on Individual Efforts Made towards the Achievement of the Bogor Goals”  The Fact Sheet consists of fifteen sections: 1) Tariffs; 2) Non-Tariff Measures; 3) Services; 4) Investment; 5) Standards and Conformance; 6) Customs Procedures; 7) Intellectual Property; 8) Competition Policy; 9) Government Procurement; 10) Deregulation/Regulatory Reform; 11) WTO Obligation/ Rules of Origin; 12) Dispute Mediation; 13) Mobility of Business People; 14) Trade Facilitation; and 15) Promotion of High- Quality RTAs/FTAs.  APEC developed economies will provide information on the status of the various sections in 1996 and  The probable conclusion of the assessment would be that developed economies have attained the Bogor Goals.  The Fact Sheet is easy to complete, so that developed economies would be able to list all kinds of achievements.

Progress in Achieving the Bogor Goals Author’s View: Opaque Advancement  APEC’s progress is not clear, as performance indicators are not provided. What is the meaning of free and open trade and investment?  Quantitatively, a stringent definition of free trade could mean zero trade barriers. A free trade area is an excellent example. Trade barriers still exist in most APEC economies.  If the Bogor Goals is about freer trade, then developed members have realized the Bogor Goals and developing members are making progress. APEC has developed trade liberalization and facilitation actions, with ITA as an example.  APEC continues to be criticized for not doing enough for business and for not convincingly achieve the Bogor Goals.  APEC should solidify the meaning of the Bogor Goals and to develop other major goals, so as to increase stakeholders’ support.

Enhancing Relevance of Bogor Goals Clarifying Bogor Goals  First, APEC could endorse the acceptance of a revised Bogor Goals called Bogor Goals 2.0 and the purpose is to link with the past and to embrace the future.  Second, Bogor Goals 2.0 could be the advancement of freer trade. As long as APEC trade barriers are being lowered progressively, APEC would be achieving freer trade. Bogor Goals 2.0=Freer Trade  Third, APEC could define Bogor Goals 2.0 to be the realization of free trade but with a precise meaning of free trade. Thus free trade could mean zero trade barriers or other value. APEC could also develop qualitative criteria for measuring achievement. Bogor Goals 2.0=Zero Trade Barriers

Enhancing Relevance of Bogor Goals Enlarging the Bogor Goals  Fourth, APEC could endorse another major goal in addition to Bogor Goals 2.0. The new goal could focus on ECOTECH. TILF and ECOTECH would enjoy parity. Bogor Goals 2.0+ECOTECH Goal  Fifth, APEC could consider the development of an innovative goal that incorporates APEC’s work on TILF and ECOTECH. The new goal would advance regional economic integration. Regional Economic Integration Goal

Enhancing Relevance of Bogor Goals Transforming the Bogor Goals  Sixth, if APEC is truly serious about achieving free trade in the APEC region, then the realization of the free trade area of the Asia-Pacific (FTAAP) idea is the best option. FTAAP or APEC TPP

Thank You