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ACKNOWLEDGEMENTS EDITORIAL BOARD : Dr. John D. Wiebe, President and CEO Yuen Pau Woo, Vice President, Research and Chief Economist Ron Richardson, Executive Editor EXTERNAL READERS : Dr. Joshua Mendelsohn, Senior Vice President and Chief Economist Canadian Imperial Bank of Commerce Dr. Pitman Potter, Director, Institute of Asian Research University of British Columbia 2 WRITER AND SENIOR EDITOR : Ron Richardson PROJECT MANAGER AND ART DIRECTOR : John Wellwood COVER GRAPHICS : RichardDesigns (Photography: Kiku Hawkes, Richard Stroh) RESEARCH STAFF : Yuen Pau Woo, Vice President, Research and Chief Economist Jim Storey, Research Analyst Kathy Zastawny, Information Specialist Kirsten Thomas, Researcher Paul Irwin, Research Analyst Steven Moyes, Research Analyst Marc Lanteigne, Graduate Research Intern Keisuke Sato, Graduate Research Intern Deborah Johnson, Researcher The work and ideas of many people at the Asia Pacific Foundation of Canada and beyond have gone into the production of Canada Asia Review 2000, only some of whom are recognized above. We thank all those who have shared their insights with us in the past year. We gratefully acknowledge the contribution of our external readers, who provided useful comments on the draft of this publication. Responsibility for any errors and omissions rests solely with APFC. © Copyright 2000 by Asia Pacific Foundation of Canada. All rights reserved. Canada Asia Review 2000 may be excerpted or reproduced only with the written permission of the Asia Pacific Foundation of Canada. Également diffusé en français ISSN 1495-5008 Statistics Canada information is used with the permission of the Minister of Industry, as Minister responsible for Statistics Canada. Information on the availability of the wide range of data from Statistics Canada can be obtained from Statistics Canada’s regional offices, its World Wide Web site at http://www.statca.ca, and its toll-free access number 1-800-263-1136. All monetary values are in Canadian dollars unless otherwise specified. Printed on recyclable paper
○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ CONTENTS INTRODUCTION 1 : OVERVIEW Dr. John D. Wiebe 4 Asia in Convalescence 7 Canada Asia Report Card 10 What is Globalization? 12 2 : MAJOR EVENTS 3 A Year in Review 21 Asia Day-by-Day 22 3 : ECONOMIC RELATIONS Looking for a New Model 35 The Team Canada Experiment 42 4 : NORTH AMERICAN INTEGRATION Too Much of a Good Thing? 45 5 : ASIAN EXPERTISE Hidden Advantage or Lost Opportunity? 53 6 : DEVELOPMENT ASSISTANCE ODA for a Borderless World 59 7 : ASIA PACIFIC FOUNDATION OF CANADA Thinking About Asia 65 Notes 69 References 72 Statistical Appendix 76
Page 1: asia pacific foundation of canada 1
Page 5 and 6: October 2000, we will hold the firs
Page 7 and 8: OVERVIEW 1 asia in convalescence 7
Page 9 and 10: ○ ○ ○ ○ ○ ○ ○ ○ ○
Page 11 and 12: GRADE ‘98 Inward Investment C- In
Page 13 and 14: THE CHALLENGE OF GLOBALIZATION Unde
Page 15 and 16: The largest pool of investable Cana
Page 17 and 18: enabled Canada to take a stronger r
Page 19 and 20: emoval. However, most of the change
Page 21 and 22: MAJOR EVENTS 2 a year in review 21
Page 23 and 24: stock markets were climbing. As the
Page 25 and 26: six-fold in Thailand. With the exce
Page 27 and 28: the past played a very small role i
Page 29 and 30: it had allowed in recent years. A m
Page 31 and 32: SECURITY BACKTRACK While economic c
Page 33 and 34: Outbreaks of violence in other part
Page 35 and 36: ECONOMIC RELATIONS 3 looking for a
Page 37 and 38: TODAY’S DELAY IS TOMORROW’S LOS
Page 39 and 40: ○ ○ ○ ○ ○ ○ ○ ○ ○
Page 41 and 42: to achieve operating efficiencies t
Page 43 and 44: Finally, foreign investment by Cana
Page 45 and 46: NORTH AMERICAN INTEGRATION 4 too mu
Page 47 and 48: similar to that with the US with on
Page 49 and 50: British Columbia provides a recent
Page 51 and 52: part of US-assembled goods bound fo
Page 53 and 54:
ASIAN EXPERTISE 5 hidden advantage
Page 55 and 56:
cautioned that “not every Asian C
Page 57 and 58:
usiness skills to enhance Canada-As
Page 59 and 60:
6 DEVELOPMENT ASSISTANCE ODA for a
Page 61 and 62:
the term “development assistance
Page 63 and 64:
The report emphasizes the need to
Page 65 and 66:
ASIA PACIFIC FOUNDATION OF CANADA 7
Page 67 and 68:
CANADIAN EDUCATION CENTRE NETWORK T
Page 69 and 70:
NOTES CHAPTER 1 1. Based on markets
Page 71 and 72:
NOTES 5. Research by Tamim Bayoumi
Page 73 and 74:
REFERENCES —. Statistics Canada.
Page 75 and 76:
REFERENCES United Nations Conferenc
Page 77 and 78:
STATISTICAL APPENDIX ASIAN MOTHER T
Page 79:
STATISTICAL APPENDIX CANADA’S TRA
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