Summary
Course distance learning Asia economic institutions, agreements, free trade areas: Asian Development Bank ADB, Association of Southeast Asian Nations ASEAN, APEC, Economic Cooperation Organization, ...
ADB (Asian Development Bank) is a multilateral development finance
institution dedicated to reducing poverty in Asia and the Pacific. ADB's
development work is aimed at improving the welfare of the people of Asia and the
Pacific, especially of the 900 million poor living on less than a dollar a day.
In 2008, ADB approved loans worth $10.5 billion for 86 projects, most of which
went to the public sector. Technical assistance, which is used to prepare and
implement projects and support advisory and regional activities, amounted to
$274.5 million.
Sample of the Course:
The Association of Southeast Asian Nations (ASEAN) was established on
1967 in Bangkok by the five original Member Countries: Indonesia, Malaysia,
Philippines, Singapore, and Thailand. Its goal is to create a stable, prosperous
and highly competitive ASEAN economic region in which there is a free flow of
goods, services, investment and a freer flow of capital, equitable economic
development and reduced poverty and socio-economic disparities in year 2020. The ASEAN region has a population of 560 million, a total area of
4.5 million square kilometers, a combined gross domestic product of almost US$
1,100 billion, and a total trade of about US$ 1,400 billion.
Sample of the Course:
Asia-Pacific Economic Cooperation (APEC), is the premier forum for
facilitating economic growth, cooperation, trade and investment in the
Asia-Pacific region. APEC has 21 members which account for approximately 40.5%
of the world's population, approximately 54.2% of world GDP and about 43.7%2 of
world trade. The APEC Secretariat is based in Singapore.
The regional arm of the United Nations Secretariat for the Asian and Pacific
region is the United Nations Economic and Social Commission for Asia and the
Pacific (UNESCAP), it is located in Bangkok (Thailand). ESCAP seeks to
overcome some of the region’s greatest challenges. It carries out work in three
main thematic areas: Poverty reduction, Managing globalization and Tackling
emerging social issues. In recent years the ESCAP region has experienced a rapid
increase in the number of preferential trade agreements (PTAs) signed and
implemented both at the bilateral and regional levels.
The South Asian Association for Regional Cooperation (SAARC) was
established in 1985 by the Heads of State or Government of Bangladesh, Bhutan,
India, Maldives, Nepal, Pakistan and Sri Lanka.
BIMSTEC (Bangladesh, India, Sri Lanka, and Thailand Economic
Cooperation) provides a unique link between South Asia and Southeast Asia
bringing together 1.3 billion people - 21 percent of the world population, a
combined GDP of US$750 billion, and a considerable amount of complementarities.
A study shows the potential of US$ 43 to 59 billion trade creation under BIMSTEC
FTA.
Brunei Darussalam Indonesia Malaysia the Philippines East Asean Growth
Area. Asia's largest economic growth area constitutes Brunei Darussalam; the
Indonesia provinces of Kalimantan, Sulawesi, Maluku, and Irian Jaya; Sabah,
Sarawak and the Federal Territory Labuan in Malaysia; and Mindanao and Pahlawan
in the Philippines.
Other institutions and agreements:
The Shanghai Cooperation Organization (SCO) is a permanent
intergovernmental international organization creation of which was proclaimed on
15 June 2001 in Shanghai (China) by the Republic of
Kazakhstan, the
People’s Republic of China, the Kyrgyz Republic, the
Russian
Federation, the Republic of Tajikistan and the Republic of
Uzbekistan. Its
prototype is the Shanghai Five mechanism.
The Mekong River Commission (MRC) was formed on 5 April 1995 by an
agreement between the governments of Cambodia, Lao PDR,
Thailand and
Viet Nam.
Asian Clearing Union (ACU) is the simplest form of
payment
arrangements whereby the members settle payments for intra-regional transactions
among the participating central banks on a multilateral basis.
The Oceania Customs Organization (OCO) brings together twenty-three
Customs
administrations of Oceania (Australasia, Melanesia, Micronesia and Polynesia).
Economic Cooperation Organization (ECO) is an intergovernmental
regional organization established for the purpose of promoting economic,
technical and cultural cooperation among the Members.
Sample of the Course:
Asia Scholarships
Course, e-learning, distance, learning, Asia, Political, Economic, Institutions, Agreements, Free Trade Areas, Asian Development Bank, ADB, Association of Southeast, Asian Nations, ASEAN, APEC, Economic Cooperation, Organization, Master, International Business
