This year's Singapore Conference was co-organized by the Vietnamese and Singaporean committees of PECC with the title, "Post-2020 Agenda: Rising protectionism, economic rebalancing, and diversified growth."
Protectionism is on the rise as trade slows and the blame of job losses and economic slowdown are turned to globalization. Income inequality continues to widen in both developed and developing economies. While middle class purchasing power and consumption are increasing as are activities in the services sector, there is not enough to support the ongoing restructuring of the manufacturing cluster and production value chain. Rapid technological advances that brought radical industrial and lifestyle changes through e-commerce, sharing economy and automation present both opportunities and concerns about the future global economy. In this context, the first plenary will address the need for a coherent approach toward external economic relations.
[photo: Singaporean Minister for T...Read more...
The Japan Institute of International Affairs (JIIA)
Table of Content
1. Inclusive growth and social security (Nobuhide Hatasa)
2. Migrant workers and social protection: The Philippine experience (Aniceto C. Orbeta, Jr.)
3. Thailand: Social resilience in a divided society (Yasuhito Asami)
4. Social protection and the informal economy in Malaysia (Jun-E Tan)
5. Social security system: The Korean case (Sook Hee Choi and Mikyung Yun)
6. Challenges and reforms of social security system due to ageing population in Chinese Taipei (Ke-Jeng Lan)
A series of regional and global financial crises highlighted the need to enhance the resilience of social infrastructure against sudden shocks, particularly for those categorized as vulnerable groups. More recently, a persistent and widening social divide that casts a shadow on the stability of national and global systems presents a serious challenge, and more social policies need to be developed to mitigate ...Read more...
The Asia-Pacific is forecast to grow by 3.4 percent in 2016, much the same rate as in 2015 and this is expected to continue into 2017. Growth for both advanced and emerging economies in the region is significantly lower than during the pre-crisis years. Of bigger concern is that these mediocre growth numbers have been attained through substantial support from stimulus packages that cannot be sustained over the longer term. Questions remain as to how the region’s economies would fare once these extraordinary measures are phased out and as monetary policies normalize. In addition, there are added uncertainties emanating from the consequences of the Brexit referendum, as well as the overall public resentment towards globalization and free trade.
While 51 percent of respondents had positive views on the political environment for freer trade in the region while 25 percent had negative views or a net favorability of 26 percent, there were sharp differences depending on wh...Read more...
Mr. Pascal Lamy has been appointed the new chair of FPTPEC in a letter from the French Prime Minister Mr. Manuel Valls, dated August 30, 2016.
Mr. Lamy was the Director General of World Trade Organization (WTO) during 2005-2013 and the European Commissioner for Trade during 1999-2004 under the European Commission President Mr. Romano Prodi. He is currently the President emeritus of the European Institute Jacques Delors in Paris as well as the Commissioner in charge of preparing the bid for Paris to host the 2025 World Expo.
Mr. Lamy began his career in the French civil service at the General Inspectorate of Finance and at the Treasury. In 1981 he became advisor of the Minister of Economy and Finance, Jacques Delors, then Deputy Head of Prime Minister’s Pierre Mauroy cabinet in 1983. Between 1982 and 1994, Pascal Lamy was Head of the President of the European Commission’s Cabinet, Jacques Delors, and its sherpa at the G-7. He succeeds Mr. Michel Rocard, the former Prime Min...Read more...
Dr. Vo Tri Thanh is the new Chair for the Vietnamese committee for PECC. Dr. Vo is currently the senior expert of the Central Institute for Economic Management (CIEM).
Dr. Vo mainly undertakes research and provides consultation on issues related to trade liberalization and international economic integration and macroeconomic policies. His other areas of interests include institutional reforms, financial system and economic development. He has received a bachelor of science from the Moscow State University, and a master's degree and PhD in economics from the Australian National University.
He takes over the position from Mr. Vu Tien Loc, former VNCPEC Chair.
Can Asia transform international investment law?
Stephan W. Schill, Professor, University of Amsterdam
Inclusive Trade and Regional Integration in Asia-Pacific
John West, AUSPECC
APEC 2016: The Role and Influence of Latin America
Camilo Pérez-Restrepo, Professor in Asia-Pacific Studies; Deputy Coordinator of the Asia-Pacific Studies Center at Universidad EAFIT, Colombia
Promoting Inclusiveness of Mega FTAs for Advancing Asia-Pacific Regional Economic Integration
Chien Fu-Lin, President, Taiwan Institute of Economic Research; Chair, CTPECC
Trans-Pacific Partnership Agreement as a Vehicle for Revitalizing the Japanese Economy and Rebuilding the World Trade Regime
Shujiro Urata, Faculty Fellow, Research Institute of Economy, Trade and Industry (REITI)
Trade Agreements are in ASEAN's best interest
Sanchita Basu Das, Yusof Ishak Institute of Southeast Asian Studies