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The Japanese Origins of PAFTAD: The Beginning of an Asian Pacific Economic Community

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  • Takashi Terada

Abstract

The Pacific Trade and Development (PAFTAD) forum owes much of its existence to the enthusiasm and vision of three Japanese – Kiyoshi Kojima, Saburo Okita and Takeo Miki – an academic, a bureaucrat and a politician. This paper outlines the evolution of PAFTAD and shows how Japan’s thinking on regional cooperation was driven by two main forces – the formation of the EEC, which was seen as excluding trade from the region, and a desire to boost growth in developing Asian countries. There had been very little regional collaboration on Pacific economic policy before PAFTAD was established in 1968 and academics tended to know more about Europe or the Atlantic than each other’s countries. The forum proved to be an important and durable means of exchanging ideas and helped lay the foundations for the establishment of the Asia Pacific Economic Cooperation (APEC) forum.

Suggested Citation

  • Takashi Terada, 1999. "The Japanese Origins of PAFTAD: The Beginning of an Asian Pacific Economic Community," Asia Pacific Economic Papers 292, Australia-Japan Research Centre, Crawford School of Public Policy, The Australian National University.
    • Handle: RePEc:csg:ajrcau:292
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    File URL: https://crawford.anu.edu.au/pdf/pep/pep-292.pdf
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    Cited by:

    1. Peter A. Petri, 2010. "Beyond the Golden Era: Asia Pacific Cooperation after the Global Financial Crisis," Working Papers 11, Brandeis University, Department of Economics and International Business School.
    2. Hamanaka, Shintaro, 2018. "Theorizing regional group formation : anatomy of regional institutions from a membership perspective," IDE Discussion Papers 683, Institute of Developing Economies, Japan External Trade Organization(JETRO).

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    JEL classification:

    • F50 - International Economics - - International Relations, National Security, and International Political Economy - - - General

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