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Advanced Middle Income Countries

AT APEC, Ministers Endorse Strategic Blueprint for Promoting Global Value Chains

This year's Asia-Pacific Economic Cooperation (APEC) Forum in Beijing kicked off Nov. 7-8 with the 26th Ministerial Meeting, which focused on three priority areas: advancing regional economic integration, promoting economic growth, and strengthening connectivity and infrastructure development. In its joint ministerial statement, the group endorsed the "APEC Strategic Blueprint for Promoting Global Value Chain Development and Cooperation" as a mechanism to strengthen mutual economic cooperation within the global value chain network.

Trade, Private Sector, Soft and Hard Infrastructure to Top Beijing APEC Agenda

Wednesday marked the first day of the week-long Asia-Pacific Economic Cooperation (APEC) Forum, hosted this year in Beijing. This year's summit, themed "Shaping the Future through Asia-Pacific Partnership," brings together ministerial leaders, CEOs of global corporations, and other leading voices in the private and public sectors to discuss the challenges facing Asian-Pacific economies. The week will culminate with the 22nd APEC Economic Leaders' Meeting on November 10-11. Heads of states from all 21 member economies, including U.S. President Obama, Chinese President Xi Jinping...

Malaysia’s Middle-Income Trap

Many first-time visitors to Kuala Lumpur are quickly impressed by the large highways, ultra-modern shopping malls and, of course, the twin Petronas Towers that dominate the city's skyline. However, some do not realize just how impressive...
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