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First published in 1998, this volume brings together contributions from leading economic analysts around the Pacific Basin, reporting on their research into three of the most important issues facing the region: trade, investment flows, and the environmental effects of economic growth. Each of these issues has important domestic and multilateral ramifications and the Pacific Basin's status as the world's most dynamic economic region makes this analysis relevant to policy makers and researchers in all countries. The collection is unusual in offering appraisals from economists representing the principal economies of the region. Among other contributions in the book are insights into the forces animating regional trade and investment, detailed assessment of leading East Asian economies such as those of China, Indonesia, Japan, Korea, and Singapore, and innovative research on economy-environment linkages

According to the authors, the Asia-Pacific region is the most dynamic region of the world economy. In the past three decades, this region has achieved growth rates that were considerably higher than those elsewhere. Using a ten-country calibrated general equilibrium (CGE) model, the authors assess the possible effects of the removal of tariffs and non-tariff barriers (NTBs) on Pacific Basin economies. (DÜI-Sen)