...Asia-Pacific Economic Cooperation (APEC) is a forum for 21 Pacific Rim member economies that seeks to promote free trade and economic cooperation throughout the Asia-Pacific region. APEC currently has 21 members, including most countries with a coastline on the Pacific Ocean. However, the criterion for membership is that the member is a separate economy, rather than a state. Mission(aim)： APEC is the premier Asia-Pacific economic forum. Their primary goal is to support sustainable economic growth and prosperity in the Asia-Pacific region. The aim to the growing interdependence of Asia-Pacific economies and the advent of regional trade blocs in other parts of the world; to fears that highly industrialized Japan (a member of G8) would come to dominate economic activity in the Asia-Pacific region; and to establish new markets for agricultural products and raw materials beyond Europe (where demand had been declining). Structure: * Agency Meeting APEC There are five levels of functioning institutions, including: 1. Leaders' Informal Meeting Since 1993, were held for nearly twenty times, 2. Ministerial meeting APEC Ministerial Meeting of APEC Ministerial Meeting and APEC is divided into specialized ministerial meeting. Ministerial actually a "double-minister" would, that the Foreign Minister of the members .Economic Ministers (or Minister of Foreign Trade, Minister of Commerce, etc.) and meetings, the former leader of the annual informal meeting was held. Began...
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...The effects of APEC To ensure the safety of the economic leaders and delegates in Manila, tight security was enforced. This included road closures and rerouting schemes of major thoroughfares — such as EDSA and Roxas Boulevard — that resulted in traffic disruptions in The APEC lane along EDSA extension in Pasay City. the metro. Most motorists and commuters complained of the traffic schemes adjustments, which forced them to walk to their destination. Several airlines canceled their flights to make way for the arrival and departures of the APEC participants. Philippine Airlines said it lost an estimated P870 million, while Cebu Pacific lost around P400 million. A number of people also took to the streets and staged protests, denouncing the APEC and the leaders of its 21 member economies. Quiz: Can you recognize these world leaders? Was the summit a success? The Philippines reportedly allotted P10 billion to stage the week-long APEC activities. Ambassador Marciano Paynor Jr., director general of the APEC National Organizing Council, said the expenses in hosting the event was an investment. He added that the traffic and inconvenience the summit caused is "a little sacrifice compared to the benefits that we will gain out of our membership from APEC." Related: APEC gains not quantified, says economists But former Budget Secretary Benjamin Diokno said the P10 billion the government spent was too much. He said that it could have been cheaper if the APEC leaders' meeting was held outside...
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...APEC summit forum 2015 impact on Philippine economics A term paper For Araling Panlipunan Reham January, 24 2016 Introduction Asia-Pacific Economic Cooperation (APEC) is a forum for 21 Pacific Rim member economies[1] that promotes free trade throughout the Asia-Pacific region. It was established in 1989 in response to the growing interdependence of Asia-Pacific economies and the advent of regional trade blocs in other parts of the world; to fears that highly industrialised Japan (a member of G8) would come to dominate economic activity in the Asia-Pacific region; and to establish new markets for agricultural products and raw materials beyond Europe.[2] An annual APEC Economic Leaders' Meeting is attended by the heads of government of all APEC members except Taiwan (which is represented by a ministerial-level official under the name Chinese Taipei as economic leader[3]). The location of the meeting rotates annually among the member economies, and a famous tradition, followed for most (but not all) summits, involves the attending leaders dressing in a national costume of the host country. APEC’s original purpose was to promote free trade throughout the Asia-Pacific region. The founders were also motivated by three other factors. First, there was a felt need to respond to the advent of regional blocs, especially the European Common Market (ECM) in other parts of the world. Second, the rise of the ECM meant that former British Commonwealth countries – like Australia...
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...Elbambo, Linaac, Malatray Article: APEC leaders condemn North Korea nuke test I. Summary In light of North Korea’s efforts in creating and testing its nuclear weapons, APEC leaders namely the United States, China, Japan, Russia, and South Korea have met to discuss the proper and legal course of action to address the alarming situation. Condemning the nation’s activities under the leadership of Kim Jong-Il, these world leaders have employed different strategies and have given their own thought in attacking the issue. The APEC Summit has also resulted to a stance of support and desired effort towards the abolishment of barriers to free trade and free flow of goods among APEC members. The summit also tackled the US-lead proposal on cross-Pacific free trade zone which has been agreed to be looked into while subjects such as pandemics and post-disaster contingency plans found support and action as well. II. Applicable laws A. Sovereignty and Sovereign Immunity This law can be applied because it directly concerns the country itself whether or not it can have access to nuclear energy. B. International Jurisdiction It is possible to apply this law in this case since the dispute involves an international dimension with parties of different nationalities. It helps in laying down the criteria for determining the country whose courts will have jurisdiction in this case. C. Foreign Corrupt Practices Act (1977) Seeing the sensitivity of these tackled issues and its effects on each...
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...THE RECRUITMENT SYSTEM OF TEACHER OF APEC Abstract This essay analyzes the tutor recruitment system of APEC, Jombang East Java. As a developing city, Jombang has several institutes providing English course. APEC Jombang, which is one of the best language course places in Jombang, is the institute that provides education in language, English, Francis, Japanese, and Chinese. APEC has high reputation in Jombang, and It has specific recruitment system based on the APEC standardization to receive a teacher. The standardization is needed to receive a teacher so that the learning process in APEC can run well. Introduction Nowadays, English has been very important language, and it is used by almost all of people in the world. The fact how English has been very popular is the existence of lots of English courses in city or the developing city. There are some English course institutes that provide some programs from Elementary students to graduate students. In an English course, one of the key factors of their success is qualified teacher, and as in their institute development, the owner of English institute should keep on their qualified teacher so that the learning process can be held as good as possible. In this essay, the writer will discuss the matter related to the teacher recruitment system of APEC Jombang. APEC Jombang is one of the reputable English Institutes in Jombang. This institute actually has 4 language education provided, English, Francis, Japanese, and Chinese...
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...HOMEWORK 1. Cải cách tiền lương Chính phủ cũng dự kiến chi 59300 tỉ đồng cho cải cách tiền lương: tăng lương tối thiểu lên mức 1050000 và phụ cấp công vụ ở mức 25 phần trăm. Wage reform The government also plans to spend 59 300 billion VND for wage reform: increasing the minimum wage to 1.05 million and duty allowance at 25 percents. 2. Đại bàng Cánh đại bàng rất khoẻ, mỏ đại bàng rất dài và rất cứng. Đôi chân của nó giống như cái móc hàng của cần cẩu. Đại bàng rất ít bay. Khi chạy trên mặt đất, nó giống như một con ngỗng cụ nhưng nhanh nhẹn hơn nhiều. Eagle Eagle’s wing is very strong; its beak is very long and hard. Its legs are like a hook of the crane. Eagle seldom flies in the air. While it’s running on the ground, it’s like an old groose but more agile. 3. Cắt giảm đầu tư công Ý nghĩa của cắt giảm đầu tư công... trước nhất là lấy lại thăng bằng ngân sách. Cái thứ hai là giảm bớt một lượng áp lực tiền ra ngoài xã hội. Thứ ba nữa, là quá trình đi dài hơn tức là điều chỉnh lại kết cấu của nền kinh tế trong đầu tư để gia tăng hiệu quả của đầu tư. Cut the public investment The meaning of a cut in the public investment ... is firstly regained the balance of budget. The second is to reduce the amount of money out of the society. The third is the longer process which means the restructure of the economy in investment to increase the efficiency of investment. 4. Cảnh trong rừng Bên đường, cây cối xanh um, nhà cửa thưa thớt dần. Đàn voi bước đi chậm rãi. Chúng thật hiền lành....
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...PROJECT ON “COMPARING REGIONAL INTEGRATION: APEC AND ASEAN” Master of Commerce Semester-I (2013-2014) Submitted In Partial Fulfillment of the requirements For the award of degree of M.Com By VIshwanath Vinod Acharya Seat No: ______ Tolani College of Commerce Sher-e-Punjab society, Andheri (East), Mumbai-400 093 CERTIFICATE This is to certify that Vishwanath Acharya of M.Com Semester I (2013-2014) has successfully completed the project on “Comparing Regional Integration: APEC and ASEAN” under the guidance of Dr.Vasudev Iyer. Project Guide: ____________________________ Course Coordinator: ____________________________ External Examiner: ____________________________ Principal: ____________________________ DECLARATION I, Vishwanath Acharya , the student of M.Com Semester-I (2013-2014) hereby declare that I have completed the project on “COMPARING REGIONAL INTEGRATION: APEC AND ASEAN ” in the course Economics of Global Trade and Finance. The information submitted is true and original to the best of my knowledge. References have been cited wherever necessary. Date: ___________ Place: Mumbai Signature of Student Vishwanath V. Acharya ACKNOWLEDGEMENT Preparing the project on “Comparing Regional Integration: APEC and ASEAN ” has given me extensive practical knowledge related to the course. I would like to first thank our principal Dr.A.A.Rashid, for his valuable support in preparing this project. I express my deep sense of Gratitude...
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...APEC 2015 Host Economy - Philippines Global integration has come again. Together, we strategize and plan for the future. From issues on economy up to biodiversity, all has been tackled. But what does really lie ahead of us? Path is being paved but there is no one traveling in it. Yes, it has come again- the APEC. The Philippines becomes the world's biggest stage for a week as it hosts this year's APEC (Asia-Pacific Economic Cooperation). The leaders from the Asia-Pacific Economic Cooperation (APEC) economies gathered in Manila for the second time after 19 years from November 18-19, 2015. Under the Philippines’ leadership, the overall subject of APEC 2015 is the promotion and advancement of inclusive growth in the Asia-Pacific region, hence the APEC 2015 theme, “Building Inclusive Economies, Building a Better World.” Accordingly, the Philippines, along with 20 other member economies, has been pushing for inclusive growth and empowering micro, small, and medium enterprises (MSMEs), among others. In the weeks leading up to the high-profile economic leaders' meeting on November 18 to 19, the Philippines has initiated to make the region bike-friendly, scale up disaster preparedness, and help MSMEs secure links to global value chain, among others. As the APEC conference was held here in the Philippines, many questions arose. Some of this were, ‘Is this APEC meeting worth it?’ and ‘What are the benefits of this to us?’ Well, let us count the costs...
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...Reaction for the APEC SUMMIT 2015: The hosting of APEC Summit 2015 is really a great idea. Since it talks about the Economical topics, like Investing in Human Capital Development, Fostering Small and Medium Enterprises, etc., each country will be help with their own economic problems. Maybe if I am one of the presidents there which has an issue going on with my own country and the other, I have be feeling awkward but it is good that nothing bad happened. Each presidents of each country participated nicely. They forget about the issues going on between them. There have been some problems regarding traffic and security. Since our participants will be the president, especially the Summit held here in the Philippines, of course we need to secure each of them for their own safety. If something bad happens to them, what will each country say to the Philippines, right? So they have given high security for the Summit. Commuters and motorists took on social networking sites on the heavy traffic situation caused by the road closures and rerouting schemes in different Metro Manila roads in anticipation to the APEC meeting. Palace spokesperson Edwin Lacierda apologized for the inconvenience brought about by the heavy traffic in Manila roads and asking the public for patience on the road advisories being implemented. During the APEC Economic Leaders' Summit on 18-19 November, the Bagong Alyansang Makabayan conducted protests along Gil Puyat Avenue, Pasay City, against China's aggressive...
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...Executive Summary The Bogor Declaration made in the 1994 Summit meeting was spectacular achievement establishing in ultimate direction of the APEC progress. The goals of “free trade and investment in the region” clearly asks the member economies to make commitments to liberalize their trade and investment regime. Unfortunately, however, the progress to achieve the Bogor goals for the past 10 years has been so disappointing and undermined the momentum of the APEC process. He comes the importance of Bogor Goals. In spite of varying perception, it is the single most important goal of APEC cooperation. Next session will be more on ASEAN summit in Singapore 1992. And will show its ASEAN free trade area as a framework of initial cooperation. The third session will be much more interesting, will report about Osaka Agenda 1995 its 3 pillars of action, Shanghai Accord 2001 on trade facilitation plan and the APEC meeting in Busan 2005 for mid term stock. The mid term stock relates to the Bogor Declaration of 1994. The Bogor Goals set out in the declaration underpin all APEC plans and actions. Specifically, all member economies have determined to realize free and open trade. Table of Contents 1.0 Research into the original goals of forming APEC as an informal grouping 2.0 Include the resolutions of ASEAN Summit in Singapore in 1992 in launching an ASEAN Free Trade Area schedule as a framework of initial cooperation 3.0 Elaborate on the following...
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...Powell-Odabashy Management of International Business Laura Powell-Odabashy C3245807 Mary Leung Contents Page 1. Executive Summary 4 2. Introduction 5 3. Singapore Analysis 6 4.1. Singapore Country Overview 6 4.2. Singapore PESTLE Analysis 7 4. APEC Analysis 13 5.3. APEC Regional Overview 13 5. Debenhams Analysis 16 6.4. Debenhams Company Overview 16 6.5. Debenhams SWOT Analysis 17 6. Industry Analysis 20 7.6. Industry Overview 20 7.7. Industry Analysis 22 7. FMSS/Mode of Entry Analysis and Recommendation 27 8. Conclusion 30 9. Appendices 31 10. Bibliography 36 1. Executive Summary This report aims to firstly identify a suitable company that can expand overseas into a specific country within the APEC region and then distinguish the most appropriate foreign market servicing strategy to use in order to achieve a successful international position. The country selected within the APEC region is Singapore because it can offer an established business environment with various expansion opportunities for the company of Debenhams Plc to explore. The mode of entry which is most...
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...What can APEC do for Business: Fostering Economic Growth through the Business Development Program at the Base Of the Pyramid By Indra Surya, Susantio TABLE OF CONTENTS I. ABSTRACT II. INTRODUCTION III. UNDERSTANDING THE POOR AND THEIR NEEDS i) How Poor are the Poor? : Current Research and Publications on the Base of the Pyramid (BOP) Issues ii) Indonesia Poverty Reduction Programs IV. THE BASE OF PYRAMID : BUSINESS APPROACH i) Preliminary Measures for Forming the BOP Business Taskforce ii) Fair Trade Program iii) BOP Products & Service Expo iv) Duty Free BOP Outlets in major International Airports & Seaports V. FUTURE PERSPECTIVES AND CONCLUSION VI. REFERENCES I. ABSTRACT This essay attempts to emphasize the importance of the private sector’s involvement through APEC participation in fostering economic development at the Base of the Pyramid (BOP). In December 2008, the Asian Development Bank[1] reported that poverty in the Asia Pacific region is estimated to be much larger than earlier reported. The region was also reported to be facing major hurdles in meeting its Millennium Development Goals. Following ADB reports, in January 2009, the World Economic Forum[2], in partnership with The Boston Consulting Group presented a set of new insights and design principles which can help companies tap the economic potential of BOP markets in ways that serve both commercial and societal goals. In fact, both reports concluded that...
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...Lerio, Genny Marie C. Nobyembre 26,2015 02:30 – 04:00PM 50% Prelim Exam “Epekto ng APEC Summit” Nobyembre 16,2015 Maraming tao ang mga naapektuhan sa isinasagawang Asia-Pacific Economic Cooperation APEC summit. Inaabisuhan manatili sa bahay upang maiwasan ang problema sa mabigat na trapiko , o pagdaragdag sa pagsisikip ng kalsada sa susunod na apat na araw, " pahayag ni Philippine National Police tagapagsalita Chief Supt. Wilben M. Mayor. dineklarang holiday sa National Capital Region ang Nobyembre 18 at 19 sa mismong araw ng APEC summit, habang ang trabaho sa gobyerno at pasok sa mga pamublikong paaralan ay suspendido mula Nobyembre 17 hanggang 20. Bukod sa mga nakasarang kalsada ay kanselado rin ang mga biyahe ng eroplano sa Ninoy Aquino International Airport dahil sa ipinatutupad na no-fly zone. Nauna nang sinabi ng mga awtoridad na pinakamalaking hamon sa pagdaraos ng APEC sa bansa ay ang pagtiyak ng seguridad ng mga delegado mula sa iba’t ibang bansa. Kabilang sa mga inaasahang darating si United States President Barack Obama. Inabisuhan ng awtoridad ngayong Lunes ang publiko na kung maaari ay huwag nang makipagsiksikan sa kalsada at manalagi na lamang sa bahay ngayong linggo ng Asia-Pacific Economic Cooperation (APEC) Leaders Meeting.Karamihan sa mga pangunahing kalsada sa Metro Manila ay nakasara, habang ang iba, katulad ng EDSA ay nilagyan ng “APEC lane” kaya naman mabigat ang daloy ng trapiko.Kaninang umaga ay naramdaman na ang epekto nito, kung...
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...President Aquino: APEC Philippines 2015 to Build More “Inclusive Economies”inShare The Philippines is intent on building on the significant breakthroughs in trade and economic sustainability achieved by APEC member economies this year in China and ensuring that the benefits are widely felt, said President Benigno Aquino III on the eve of the archipelago’s commencement as APEC 2015 Chair. Establishing a more inclusive economic environment across the Asia-Pacific will be the focus of collaboration in APEC over the coming year, revealed President Aquino in a kick-off speech in Manila on Monday evening. It set the tone for the APEC Informal Senior Officials’ Meeting on 8-9 December in Legazpi City, Albay that will mark the first assembly of member economies as part of APEC Philippines 2015 and decide their agenda priorities. “One week from now, we’ll be demonstrating a thousand per cent effort – the first visitors for APEC 2015 will set foot in our country, and the Philippines will have the distinct privilege of hosting the next chapter in one of the largest joint efforts to improve trade and cooperation amongst major economies,” said President Aquino. “Here, within our communities, leaders from government and the private sector will map out the future of the Asia-Pacific.” “This gathering’s significance is magnified when one considers that, in a world where many economies are reeling from uncertainty, Asia-Pacific economies have, for the large part, sustained a relatively...
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...Presentation on 45th APEC Tourism Working Group Meeting 1.0 Introduction Good Evening Asti, Ladies and Gentlemen. I’m Alvin and this is Michael and tonight we will be presenting an information session in preparation for APEC’s 45th Meeting of the Tourism Working Group on the 10th to the 11th of September. At this meeting it is recommended to focus on enhancing the current bilateral tourism trade relationship between Australia and Thailand. In preparation for the meeting we will brief you on what will occur at the meeting, the benefits of tourism and Australia and Thailand’s current tourism trade relationship. Recommendations will also be made on how Australia and Thailand should approach furthering the current relationship. 2.0 Overview of APEC 45th Meeting of Tourism Working Group APEC’s aim is to support sustainable economic growth and prosperity in the Asia Pacific region through promoting regional trade and investment, strengthening economic and technical cooperation among its members, enhancing human security and facilitating a favourable and sustainable business environment (APEC - Mission Statement, 2014). In the upcoming 45th Meeting of the Tourism Working Group in Macao, the focus will be on preparing for the 8th Tourism Ministerial Meeting. This will mean discussing working towards some of the key aspects of the Ministerial Meeting like promoting tourism market integration, boosting the transformation and growth of the tourism industry and strengthening APEC tourism cooperation...
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