The Pacific is a high growth region, comprising East Asian market
economy states, North America, China, Australia and New Zealand.
This book examines the area's rapidly expanding pattern of
corporate competition and cooperation, which is assisting
recoveries from the effects of the East Asian financial crises. The
authors argue that the uneven but dynamic integration in the
Pacific region which was disrupted by the financial crises is
continuing in ways that promise resumptions of higher
interdependent growth when fundamental adjustments have been
completed. They emphasize that the regional recovery could be
assisted by innovative new efforts to promote wider ranging
cooperation in the Asia Pacific Economic Cooperation forum (APEC),
which is committed to regional trade and investment liberalization
over the next decade.
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