Publisher's Synopsis
Open Regionalism is regional economic co-operation without discrimination against countries outside the region. The concept grew from the experience of rapid growth, and expanding trade and investment across national borders, in East Asia and the Pacific. It became the guiding idea of Asia-Pacific Economic Co-operation. It is now recognised as being the means through which the growing appeal of regional trading arrangements can be reconciled with a flourishing global trade system within the framework of the new World Trade Organisation.
This book brings together papers presented over recent years by Professor Ross Garnaut, one of the architects of open regionalism. A highlight is the papers presented in Malaysia, Singapore and Indonesia in the lead-up to the 1994 Bogor Declaration on free and open trade and investment in the Asia-Pacific region, when open regionalism was contesting the high ground in Asia-Pacific trade policy with conventional, discriminatory conceptions of regional co-operation. Later papers point to a way forward towards Asia-Pacific and global free trade.