ABAC 2000 Report to APEC Leaders in PDF format.
Globalization is a large and complex subject with economic, political, and cultural dimensions.
The economies of the Asia Pacific are some of the best examples of prosperity through participation in the global economy. International trade and investment are critical to recovery in many of the economies afflicted by the Asian Financial Crisis. On the other hand, the opportunities arising from globalization cannot be taken for granted. Differences in economic performance across the Asia Pacific indicate that benefiting from globalization requires effective responses from both government and business. ABAC believes that APEC has special relevance in responding to this challenge.