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Includes articles on international business opportunities.
Assesses the strengths and weaknesses of APEC's 'soft' institutionalism, and its capstone policy report, identifies reforms that would close the credibility gap between APEC's promises and accomplishments. Leading scholars at APEC Study Centres investigate APEC's core agenda and delve into the inner workings of bureaucracy.
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In February 1997, 69 countries accounting for 95 percent of world telecommunications traffic agreed to open their basic telecommunications service markets. In April 1997, 28 countries accounting for 80 percent of world trade in information technology (IT) goods agreed to eliminate tariffs on IT goods by January 2000. These two agreements represent significant steps toward global telecommunication liberalization. The agreements also mark the beginning of new battles that will determine the extent of competition and reform in the telecommunications industry in the 21st century. Although implementation of the two pacts will be phased in over several years, some signatory countries are already f...
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