This text provides a theoretical approach to examine the interplay of economic, political and security factors in APEC's evolution. The essays draw on the examples of the OECD and EU to explore APEC's future prospects for fostering economic liberalization in the Asia Pacific and across the globe.

Preface Contributors APEC: The Evolution of an Institution; C. Morrison Analyzing Institutional Transformation in the Asia-Pacific; V. Aggarwal PART I: ECONOMIC TRENDS Trade Patterns and Regimes in Asia and the Pacific; P. Guerrieri Foreign Direct Investment and APEC; S. Urata Intellectual Property and APEC; S. La Croix PART II: DOMESTIC POLITICAL CONTEXT Australia and APEC; J. Ravenhill The United States and APEC Regime-Building; R. Baker Japan's Approach to APEC and Regime Creation in the Asia-Pacific; Y. Yamamoto and T. Kikuchi China and APEC; Z. Yunling PART III: THE INSTITUTIONAL CONTEXT: NESTED INSTITUTIONS? Political-Military Dynamics and the Nesting of Regimes: An Analysis of APEC, the WTO, and Prospects for Cooperation in the Asia-Pacific; J. Grieco Nesting NAFTA in APEC: The Political Economy of Open Subregionalism; M. Cameron ASEAN and Institutional Nesting in the Asia-Pacific: Leading from behind in APEC; M. Plummer PART IV: INSTITUTIONAL MODELS FOR APEC APEC and Regime Creation in the Asia Pacific: The OECD Model?; S. Ostry European Integration and APEC: The Search for Institutional Blueprints; C.Dupont The Future of APEC; V. Aggarwal and C. Morrison Index