ENVIRONMENTAL MANAGEMENT AND COORPERATION IN SOUTHEAST ASIA: MYTH OR REALITY
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Abstract
The economies of Southeast Asia (with the exception of Singapore) depend, and will continue to depend for some time to come, on natural resource exploitation and agricultural development (Barrows 1990). However, in the last decade,
there have been major changes in production, diffusion of knowledge and information, the convergence of market forces and transfer of technologies which are beginning to reshape the region's economy. The year 1994 provides a turning point in regional economic cooperation as the Asia-Pacific Economic Co-operation (APEC) forum, at its second summit meeting in Bogor, Indonesia, issued a declaration committing members to free trade by the year 2020. The willingness of members of the Association of Southeast Asian Nations (ASEAN) to enter into such an arrangement reflect recognition of global economic forces and ASEAN's dependence on the larger economies of the greater Asia-Pacific region. In response to global forces, especially the agreements reached in the recently concluded ASEAN heads of states meeting in Indonesia, November 1996, have decided to accelerate the implementation of the ASEAN Free Trade Area (AFTA). Lurking in its shadows is the projected alternative structure to the more inclusive APEC, the East Asian Economic Caucus (EAEC) provides another platform for economic and trade related agreements pertaining to economic growth in the region.
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