Extra posting : What are the successes of APEC? What has APEC been criticized for? / Kiara Juliane Annisa
APEC has been
successfully become a dynamic engine of economic growth and the most important
regional forums in the Asia-pacific, that approximately dominated 59 percent of
the world GDP and 49 percent of world trade based on the 2015 data. As the
result of this, the member of the organization economics GDP has increased from
USD 19 trillion in 1989 to USD 42 trillions in 2015. And the country income is
also raised become 74 percent benefiting millions out of poverty. It's also
makes economic trade between the group country easier and this is also helping
the economics growth for the world. By the 2009 and 2015, the members economics
improved the ease of doing business in the Asia-pacific by 14.8%, they also
help reduce costs for import and exports in the region.
But on the other
hand there are also criticized that aim towards the APEC. One the critiques
said that "maybe APEC is too large, too diverse, and different from the
European Community which can deepen the cooperation because the countries have
a real historical identity" so this might seen as a threat to non-FTA
members. And one of the Thai political scientist, Prapas Thepchatri also said
that "I'm afraid APEC has no identity, no vision to move forward to become
what? An Asian-Pacific community? That's maybe too abstract."
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