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Asia-Pacific Trade and Investment Report 2013

Turning the Tide - Towards Inclusive Trade and Investment

image of Asia-Pacific Trade and Investment Report 2013
The main message of the Report is that the region's dominant export-led growth model should not be abandoned but does need some adjustment. While regional economies have largely succeeded in achieving sustained economic growth, additional policies are required to spread the benefits of that growth more fairly: to reduce poverty, limit rises in inequality, widen access to productive opportunities and bring excluded groups in from the margins. It is not enough simply to hope that rising wealth will eventually work for the benefit of all. The era of trade and invest now, distribute gains later has thus come to its end; we need to promote inclusive trade and investment.

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Foreword

As we enter an era of more inclusive, sustainable, and resilient development, we must abandon outdated growth paths premised on an approach of “trade and invest now, and distribute gains later”.

English

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