Sustaining the Asia Pacific Miracle: Environmental Protection and Economic Integration
Institute for International Economics, 1997 - Business & Economics - 208 pages
Asia Pacific countries have experienced extraordinary economic growth in recent years. But the region also suffers from choking air pollution, fouled water, ravaged forests, depleted fisheries, and other environmental problems.Eager to promote further growth, governments in the region have embarked on an ambitious program of economic integration through the Asia Pacific Economic Cooperation (APEC) forum. In this volume, Dua and Esty argue that APEC's trade and investment liberalization can be compatible with environmental protection. They stress, moreover, that true prosperity and the APEC vision of a "community of Asia Pacific economies" cannot be achieved without attention to public health and ecological threats, resource management issues, and tensions at the economy-environment interface. The authors identify the issues that must be dealt with internationally and propose an ambitious environmental action agenda for APEC that would play an important role in that strategy.