This paper explores prospects for the world economy to the year 2020 through a series of scenarios based on different assumptions about future changes in the structure of individual economies. It differs from most other medium term studies because we do not assume that each economy's variables...

This paper explores the impact on economies of trade liberalization under alternative regional and multilateral arrangements: unilateral liberalization; liberalization as part of the ASEAN regional grouping; liberalization as part of the APEC regional grouping; or liberalization as part of a...

The Bogor Declaration of 1994 proposed free trade in the Asia Pacific region by the year 2020. If implemented as announced, this program will have important implications for the world economy over the next few decades. This paper uses a new dynamic multi-sector global model called the...