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Trade liberalization has swept over developing countries over the past few decades and its results have been argued about for the last few years. This important new book presents useful insights into the experience of APEC countries that have gone through numerous liberalizing reforms in recent times. Students, researchers and readers generally interested in APEC economies will find this book a good addition to their bookshelves.

Trade and investment liberalization under Asia-Pacific Economic Cooperation (APEC) looked to be going well in the mid 1990s. However, the subsequent Early Voluntary Sectoral Liberalization (EVSL) initiative, which was an ambitious attempt to stimulate comprehensive regional liberalization by accelerating tariff reduction in selected sectors, turned out to be a failure. This book analyses the attempted trade liberalizations under the APEC framework by conducting case studies on policy processes of six members. Using the 'two-level game' model as an analytical framework, the volume is an...