EXPLANATION OF TERMS USED IN THE REPORT
ABAC
APEC Business Advisory CouncilAEC
ASEAN Economic CommunityAP
Asia-PacificAPEC
Asia-Pacific Economic CooperationAPRU
the Association of Pacific Rim UniversitiesASEAN
Association of Southeast Asian NationsB20
Private sector´s voice of the G20 communityCAGR
Compound Annual Growth RateCGE
Computable General EquilibriumCPTPP
Comprehensive and Progressive Agreement on TransPacific PartnershipEIU
Economist Intelligence UnitFDI
Foreign Direct InvestmentFTA
Free Trade AgreementFTAAP
Free Trade Area of the Asia-PacificG20
Group of Twenty (Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, JapanGDP
Gross Domestic ProductGFC
Global Financial CrisisGNI
Gross National IncomeGRIPS
National Graduate Institute for Policy StudiesHKUST
Hong Kong University of Science and TechnologyICT
Information and Communications TechnologyIMF
International Monetary FundIR
Industrial RevolutionMFN
Most Favored NationMSME
Micro, Small and Medium EnterprisesNA
North AmericaNAFTA
North American Free Trade AgreementNEA
Northeast AsiaNTM
Non-Tariff MeasureNZPECC
New Zealand Committee of the Pacific Economic Cooperation CouncilOCE
OceaniaOECD
Organisation for Economic Co-operation and DevelopmentORION
On-Road Integrated Optimization and NavigationPA
Pacific AlliancePECC
Pacific Economic Cooperation CouncilPNG
Papua New GuineaPSA
Pacific South AmericaPSU
(APEC) Policy Support UnitRAASR
Renewed APEC Agenda for Structural ReformRCEP
Regional Comprehensive Economic PartnershipRTA
Regional Trade AgreementSEA
Southeast AsiaSME
Small and Medium EnterprisesSTEM
science, technology, engineering and mathematicsTACs
Trade Association and ChambersTPP
Trans-Pacific PartnershipUS
United StatesUSMCA
the US-Mexico-Canada AgreementWEO
World Economic OutlookWTO
World Trade Organization