Publications

Peru is poised to make the most out of its first opportunity to host an APEC Leaders Meeting since it joined the Asia-Pacific Economic Cooperation “gathering of economies” in 1998. The meeting takes on a new sense of urgency given the international financial crisis and the fact that it comes mere days after the G-20 summit meeting in Washington (involving nine APEC members, among others).

The 16^th APEC Leaders Meeting in Lima on November 22-23 will no doubt include an APEC response to the crisis.  The meeting of the 21 members of APEC permits a timely follow-up to the call in the G-20 communiqué for inclusion of emerging economies in a global, coordinated response. The trans-Pacific and heterogeneous membership of APEC makes this 19-year old institution particularly relevant to problem solving in the contemporary global economy.