Departmental Bulletin Paper Opportunities and challenges facing the ASEAN in linking connectivity and sustainable development

Okamoto, Yumiko  ,  オカモト, ユミコ  ,  岡本, 由美子

18 ( 1 )  , pp.13 - 25 , 2016-09-01 , 同志社大学政策学会 , Transcription:ドウシシャ ダイガク セイサク ガッカイ , Alternative:The Policy and Management Association of Doshisha University
Since its inception, the Asia-Pacific Economic Cooperation (APEC) group has worked to promote connectivity at the border, behind the border, and across the border in the region. However, only in 2013 did APEC leaders come to share their vision of creating a seamlessly and comprehensively connected and integrated Asia-Pacific. Enhancing connectivity will certainly encourage foreign direct investment and develop production networks and supply chains in the region. Experience over the past 20 years shows that, as countries join Global Value Chains, they tend to grow faster. Firms' exposure to risks has increased substantially, however, amid the increased fragmentation and complexity of global production and trade. This paper addresses both the opportunities and challenges facing the Asia-Pacific region, with a special focus on the ASEAN in linking connectivity and sustainable development, and provides policy implications.

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