APEC Evolution and Prospects of Regional Integration Processes

DOI: 10.20542/0131-2227-2012-1-40-50

A. Fedorovskii, Institute of World Economy and International Relations, Russian Academy of Sciences (IMEMO RAN), 23, Profsoyuznaya Str., Moscow, 117997, Russian Federation (a.fedorovsk@imemo.ru).

Abstract. The paper discusses the operational value of the key principles of the activities of the Asia-Pacific economic cooperation (APEC) that stand behind its creation. These include the consensus decision-making, the voluntary nature of the decisions’ implementation, the “open regionalism”. Also the author deals with the functioning of the APEC in the context of regional economic cooperation in the Asia-Pacific region at the end of the first decade of the XXI century.

Keywords: APEC, Summit 2012, regional economic cooperation, Asia-Pacific region, trans-Pacific partnership, Russia

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For citation:
Fedorovsky A. APEC Evolution and Prospects of Regional Integration Processes. World Eonomy and International Relations, 2012, no. 1, pp. 40-50. https://doi.org/10.20542/0131-2227-2012-1-40-50

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