Productivity Growth Across the World in the Pre-Global Financial Crisis Period

Continuing to support free trade in the Asia Pacific is a challenging prospect in these volatile political and economically sluggish times according to the author. A discussion of key top economy highlight significant risks f global value chains have reached a peak and begun contracting, and discusses the impact of a leadership shift east with the abdication of the US role and the rise in populism and free market ranging examination of China’s outlook suggests their increasing assertiveness and broadening ambitions may be constrained by success in domestic transformation to a demand Giant tech corporations’ new place at the table of international geopolitical diplomacy. Under this kind of pressure, APEC leaders may feel the pull to resort to protectionist measures and abandon gains achieved through bilateral and multilateral agreements. Worse, to new economic and social realities, a danger for fast cooperation among APEC members to stay political extremism and stabilize the economic outlook. advocates for a specific coalition of ‘like and commitment to global trade in these uncertain times.