The 1st Quarter State of the Region Survey (SOTR) report and press release has been released on 30 May. The report provides Pacific economic outlook and economic forecast and is updated every quarter.
This Q1 update to economic outlook is based on the March 2008 inputs from PECC’s panel of 16 economies. The report coordinator is Mr Yuen Pau Woo, President of the Asia Pacific Foundation of Canada based in Vancouver.
Pacific Economic Outlook (PEO) meetings of PECC held Mar 16-19, 2008 in Osaka, Japan. The meetings were hosted and organized by the Japan Committee of PECC. Mr. Batbold Zagdragchee, a member of MONPECC Research Council, attended the meetings and presented on External Adjustments under Increasing Integration - Mongolia – Country Paperand also he facilitated the sessions on economies of Republic of Korea and Thailand.
PECC-ABAC Conference on Demographic Change and International Labor Mobility in the Asia Pacific Region held in Seoul on March 25-26, 2008. The conference brought together labor migration and social policy experts and official from PECC economies.
Experts from international organizations such as International Labor Organization and International Organization for Migration, foreign ministry officials from countries, and business such as Microsoft attended the conference.
The conference aimed at (a)collecting information about national policies on international labor mobility and assess the normative basis of those policies from the national and regional perspectives, and (b)discuss and develop the agenda for policy cooperation among the APEC governments, and (c)undertake a descriptive analysis of the current trends in international labor movement in the APEC region and the factors contributing to them and assess the trends for the future, (d) analyze the impacts of those trends on the economies of destination and origin as well as on the APEC region as a whole.
World Politics, the TV program series of the Mongolian National Broadcasting (MNTV), brought in speakers on February 3rd of 2008, to address the theme of Mongolian integration into the Asia-pacific region. Included speakers were Dr. Tumurchuluun G., a Deputy Director of Policy Planning, Information and Monitoring Department of Ministry of Foreign Affairs of Mongolia; Mr. Jargalsaikhan D., Secretary General of MONPECC; and Mr. Bailikhuu D., a member of Research Council for MONPECC. The speakers discussed regional economic integration and membership to APEC. They also talked about the benefits Mongolia could gain from Asia-Pacific integration, facilitating a knowledge economy, improving Mongolian governance, and some other current issues surrounding the Mongolian economy.
PECC has released the report on the media coverage for the State of the Region Report. The report contains: 1. Summary 2. List of media 3. Clippings and articles.
Summary of the report
Final Media Audit and Report
The State of the Region Report was released over a two stage process: the survey results at a press conference held on 5 September at the SydneyConvention Center; and the full report at a media briefing held by the Foreign Correspondents Association (FCA) in Singapore on 12 December.
The release of the survey received excellent coverage from the local media the Australian, the Age and Sydney Morning Herald and an op-ed by Yuen Pau Woo and Gary Hawke was featured in the Australian Financial Review.
The Korean Committee for Pacific Economic Cooperation (KOPEC) organized and hosted an international conference on "Competition Among Financial Centers in the Asia-Pacific: Prospects, Benefits, and Costs - Stumbling Blocks or Building Blocks Towards a Regional Financial Community" in Seoul on October 15-16, 2007.
Many leading finance professionals, experts and businessmen from around the Asia-Pacific region gathered to share insights and views on the regional financial community, financial centers, financial institutions, regional and global financial integration, and other issues.
The State of the RegionReport and its predecessor, Pacific Economic Outlook (PEO), provide annual economic forecasts for the region covered by the Pacific Economic Cooporation Council (PECC). Prepared by leading economists from each member economy, the reports provide timely and authoritative information for policy makers, business and the research community.
