Table of Contents

Economic Regionalization in the Asia-pacific

Economic Regionalization in the Asia-pacific

Challenges to Economic Cooperation

M. Dutta

This original and comprehensive book provides a unique insight into the development of economic regionalization, with special reference to the Asia-Pacific. It presents international globalization strategies from a historical perspective and then analyses the effects on the development of Asia-Pacific Economic Cooperation (APEC). Focusing on APEC itself, the author provides a detailed investigation into its organization and agenda, and thorough personal interviews with some of the most influential people who have worked for APEC.

Chapter 17: A Conversation with Dato NOORDIN SOPIEE

M. Dutta

Subjects: asian studies, asian economics, economics and finance, asian economics, international economics

Extract

Page 164  17  A Conversation with Dato NOORDIN SOPIEE  Q. Let us begin by referring to the Miami Initiative, that is, the Conference of all hemispheric states in North and South America (except Cuba) in Miami, December  1994, and its impact, if any, on APEC.  A. Let me first be on record that my responses must be considered completely personal, in no way that of the government of Malaysia. The Miami initiative is quite a  natural event. There are so many regional organizations—the Organization of Economic Cooperation and Development, the European Union in Western Europe, others  in Central Europe, in Eastern Europe. Just as globalism is real, so is nationalism, and also regionalism. These are natural manifestations of people and countries who for  political, economic or other reasons are trying to join together to better the economic conditions of their peoples. It is very natural for this to happen. In fact, in historical  terms it is a natural manifestation of something that started with the Monroe Doctrine in the nineteenth century. Some people get very upset—by it for various reasons,  of course, understandable reasons.  Q. Does the Miami Initiative relate to your 1992 initiative? Does it now encourage you to convene another Pan­Asian economic cooperation convention, as you did in  1992?  A. I think that it doesn’t encourage us, nor does it discourage us to do what should be done. An Asian initiative will be considered a natural course of events. I think  that it is natural...

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