The Genesis of APEC: Economic Diplomacy of Australia, Japan, and the United States (On the 30<sup>th</sup> Anniversary of the Forum)

In 2019 the Asia-Pacific Economic Cooperation forum (APEC) celebrates its 30th anniversary. APEC emerged at a turning point in international relations history as the break-up of the socialist camp ruled out the alternative to capitalism model of social and political development and created new oppor...

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Main Author: A. A. Sidorov
Format: Article
Language:English
Published: Moscow University Press 2020-11-01
Series:Вестник Московского Университета. Серия XXV: Международные отношения и мировая политика
Subjects:
Online Access:https://fmp.elpub.ru/jour/article/view/25
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author A. A. Sidorov
author_facet A. A. Sidorov
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description In 2019 the Asia-Pacific Economic Cooperation forum (APEC) celebrates its 30th anniversary. APEC emerged at a turning point in international relations history as the break-up of the socialist camp ruled out the alternative to capitalism model of social and political development and created new opportunities for internationalization of production. However, those new opportunities were yet to be realized. The 30th anniversary of APEC provides a good opportunity to revisit the history of the forum and to highlight complex negotiations between the countries of the Asia-Pacific region at the end of the Cold War. The paper examines both the structural factors that shaped global and regional contexts of the negotiation process and the role of those politicians and diplomats who had decisively contributed to the success of the negotiations. Special focus is made on the role of the United States, Australia, and Japan. The author examines their views on a wide range of issues related to the development of economic and political cooperation in the Asia-Pacific region, including its aims and scope, institutional arrangements, potential participants, and prospects for cooperation with regional organizations (the Association of Southeast Asian Nations (ASEAN) — in particular) and mechanisms of global trade management (primarily — the General Agreement on Tariffs and Trade (GATT)). As for the ASEAN member states, the author emphasizes that they were particularly concerned that a new forum would place itself centrally in the regional economic cooperation and would overshadow the Association. In addition, they sought to ensure that APEC won’t be dominated by larger, stronger states, notably by the United States and Japan. Under these conditions, Australia decided to take the initiative. It managed to dispel major fears of the ASEAN member states and convinced them to join the new regional alliance, and ultimately it was Australia who played the central role in founding of APEC. At the same time the author notes that the forum has gone far beyond the initial expectations of its creators: it is not merely an effective tool for further trade liberalization in the Asia-Pacific region, but a unique platform for consultation, negotiation, and decision-making process suited for needs and capacities of each individual member state. As a result, economic cooperation among countries of the Pacific has reached a fundamentally new level.
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spelling doaj.art-9ff7f320b3d440cf8793da8395177f022025-02-02T11:10:30ZengMoscow University PressВестник Московского Университета. Серия XXV: Международные отношения и мировая политика2076-74042020-11-0111433824The Genesis of APEC: Economic Diplomacy of Australia, Japan, and the United States (On the 30<sup>th</sup> Anniversary of the Forum)A. A. Sidorov0Lomonosov Moscow State UniversityIn 2019 the Asia-Pacific Economic Cooperation forum (APEC) celebrates its 30th anniversary. APEC emerged at a turning point in international relations history as the break-up of the socialist camp ruled out the alternative to capitalism model of social and political development and created new opportunities for internationalization of production. However, those new opportunities were yet to be realized. The 30th anniversary of APEC provides a good opportunity to revisit the history of the forum and to highlight complex negotiations between the countries of the Asia-Pacific region at the end of the Cold War. The paper examines both the structural factors that shaped global and regional contexts of the negotiation process and the role of those politicians and diplomats who had decisively contributed to the success of the negotiations. Special focus is made on the role of the United States, Australia, and Japan. The author examines their views on a wide range of issues related to the development of economic and political cooperation in the Asia-Pacific region, including its aims and scope, institutional arrangements, potential participants, and prospects for cooperation with regional organizations (the Association of Southeast Asian Nations (ASEAN) — in particular) and mechanisms of global trade management (primarily — the General Agreement on Tariffs and Trade (GATT)). As for the ASEAN member states, the author emphasizes that they were particularly concerned that a new forum would place itself centrally in the regional economic cooperation and would overshadow the Association. In addition, they sought to ensure that APEC won’t be dominated by larger, stronger states, notably by the United States and Japan. Under these conditions, Australia decided to take the initiative. It managed to dispel major fears of the ASEAN member states and convinced them to join the new regional alliance, and ultimately it was Australia who played the central role in founding of APEC. At the same time the author notes that the forum has gone far beyond the initial expectations of its creators: it is not merely an effective tool for further trade liberalization in the Asia-Pacific region, but a unique platform for consultation, negotiation, and decision-making process suited for needs and capacities of each individual member state. As a result, economic cooperation among countries of the Pacific has reached a fundamentally new level.https://fmp.elpub.ru/jour/article/view/25the asia-pacific economic cooperation forumapecthe asia-pacific regionglobalizationregionalizationthe uruguay round of the general agreement on tariffs and tradegattopen regionalism
spellingShingle A. A. Sidorov
The Genesis of APEC: Economic Diplomacy of Australia, Japan, and the United States (On the 30<sup>th</sup> Anniversary of the Forum)
Вестник Московского Университета. Серия XXV: Международные отношения и мировая политика
the asia-pacific economic cooperation forum
apec
the asia-pacific region
globalization
regionalization
the uruguay round of the general agreement on tariffs and trade
gatt
open regionalism
title The Genesis of APEC: Economic Diplomacy of Australia, Japan, and the United States (On the 30<sup>th</sup> Anniversary of the Forum)
title_full The Genesis of APEC: Economic Diplomacy of Australia, Japan, and the United States (On the 30<sup>th</sup> Anniversary of the Forum)
title_fullStr The Genesis of APEC: Economic Diplomacy of Australia, Japan, and the United States (On the 30<sup>th</sup> Anniversary of the Forum)
title_full_unstemmed The Genesis of APEC: Economic Diplomacy of Australia, Japan, and the United States (On the 30<sup>th</sup> Anniversary of the Forum)
title_short The Genesis of APEC: Economic Diplomacy of Australia, Japan, and the United States (On the 30<sup>th</sup> Anniversary of the Forum)
title_sort genesis of apec economic diplomacy of australia japan and the united states on the 30 sup th sup anniversary of the forum
topic the asia-pacific economic cooperation forum
apec
the asia-pacific region
globalization
regionalization
the uruguay round of the general agreement on tariffs and trade
gatt
open regionalism
url https://fmp.elpub.ru/jour/article/view/25
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