"Analyzes developments in the region since the mid-1980s, highlighting such factors as the evolution of Asia-Pacific Economic Cooperation, the impact of the 1997-98 Asian financial crisis, and the rise of China. Outlines possible future scenarios for the region and offers policy prescriptions...

The paper evaluates the feasibility of sectoral liberalization of environmental goods for the Asia-Pacific Economic Cooperation (APEC). Using the model originally developed by Wonnacott, it argues for the liberalization of goods predominantly supplied by APEC members, thereby minimizing the free...