The APEC Model on International Economic Cooperation: Assessing Its Value to the United States

Julia F. Lowell

Expert InsightsPublished 1997

This paper considers the current and potential economic achievements of the Asia-Pacific Economic Cooperation (APEC) forum in light of its costs to the United States. It compares APEC's goals and institutional structure to those of three other multilateral economic institutions: the World Trade Organization, The European Union, and the North American Free Trade Agreement (NAFTA). It concludes that, although limited both in its aims and effectiveness, APEC does serve a useful--and probably cost-effective--purpose to the United States.

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Document Details

  • Copyright: RAND Corporation
  • Availability: Web Only
  • Year: 1998
  • Pages: 23
  • Document Number: P-8028

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Lowell, Julia F., The APEC Model on International Economic Cooperation: Assessing Its Value to the United States. Santa Monica, CA: RAND Corporation, 1998. https://www.rand.org/pubs/papers/P8028.html.
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