Globalization has been a complex and uneven process. Several
countries in the Asia-Pacific region have reaped substantial
benefits, but many others, particularly the least developed, have
been left behind. The fundamental vision of the United Nations
Millennium Declaration is that better management of globalization
is central to achieving the Millennium Development Goals. This
study examines the state of globalization and regional cooperation
in the Asia-Pacifc region, focusing on four areas that are the
key driving forces in globalization.
- Trade
- Finance
- Transport
- Information and communication technology
The study explores how regional cooperation in these areas can
help to make globalization a positive force for all people. In the
spirit of the Monterrey consensus, it reviews a number of recent
initiatives: the growing array of preferential trade agreements, the
Asian Bond Market proposals, the Digital Solidarity Agenda, the
Asian Highway and the Trans-Asian Railway.
The study poses the questions: Can the European Union model
work for Asia-Pacific integration? How can better synergy be
achieved by regional cooperation arrangements such as ASEAN,
ASEAN+3, ECO, the Pacific Islands Forum Secretariat and
SAARC? How can regional cooperation help countries to integrate
with the global economy?
In this way the study guides stakeholders to address the policy
dilemmas in managing globalization.
08 April 2004
08 April 2004
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