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Examine an international regime in an issue-area of your choice and explain one of the following: the development, maintenance, or change of the regime. Be sure to use at least two alternative theories of regime change discussed in class and in your read - Term Paper Example

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Asia Pacific Economic Co-operation (APEC) is an organization that was established in 1989 with the main objective being the eradication of the barriers to investment and trade within the Asia-Pacific region. With a current membership status standing at 21, with representation…
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Examine an international regime in an issue-area of your choice and explain one of the following: the development, maintenance, or change of the regime. Be sure to use at least two alternative theories of regime change discussed in class and in your read
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Examine an international regime in an issue-area of your choice and explain one of the following: the development, maintenance, or change of the regime. Be sure to use at least two alternative theories of regime change discussed in class and in your read

Download file to see previous pages... APEC does not operate on binding treaties like other regional economic bodies; rather it operates on open dialogue and equality for all member states hence, factoring in its main goal of enhancing free trade among the member states (Shawkat 209).
The major intention behind the formation of APEC was to enhance the living standards of citizens in their member states through trade. It bases its development plans and growth strategies along three main principles. These principles are promoting sustainable economic growth; strengthening and developing multilateral trade systems; and increasing the economic prosperity and interdependence among its members. These are the principles that have guided this organization over the years and even enabled it to achieve most of its mandate by increasing employment opportunities, reducing poverty and enhancing living standards among member states citizens. Member states join the economic cooperation at free will and can exit at free will, i.e. there are no barriers to entry or exit (Pamefias, Julius, Sinsiri and Waller 5).
The Prime Minister of Australia at this point in time, Mr. Bob Hawke, always had a common goal with the Japanese of establishing an intergovernmental institution that would cater for the region’s economic demands. He made a public announcement of his idea in January 1989 in Seoul. However, a push from Japan founded this initiative. The Australian Department of Foreign Affairs and Trade (DFAT) and the Japanese Ministry of International Trade Industry (MITI) pushed for a strong economic coordination between the two countries.
The continued cooperation between these two nations’ facilitated approaches made towards establishment of Asian Pacific Economic Cooperation (APEC) during a meeting held in 1989 November at Canberra. Therefore, APEC resulted from a joint effort ...Download file to see next pagesRead More
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