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Asia-Pacific Economic Cooperation (APEC)


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Civilization is drugs, alcohol, engines of war, prostitution, machines and machine slaves, low wages, bad food, bad taste, prisons, reformatories, lunatic asylums, divorce, perversion, brutal sports, suicides, infanticide, cinema, quackery, demagogy, strikes, lockouts, revolutions, putsches, colonization, electric chairs, guillotines, sabotage, floods, famine, disease, gangsters, money barons, horse racing, fashion shows, poodle dogs, chow dogs, Siamese cats, condoms, peccaries, syphilis, gonorrhea, insanity, neuroses, etc., etc.

— Henry Miller

The Asia-Pacific Economic Cooperation (APEC), is an economic group of 21 members, formed in 1989, with the primary goal of promoting free trade and sustainable development in the Pacific Rim economies. The creation of APCE was primarily in response to the increasing interdependence of Asia-Pacific economies. Also, the proliferation of regional economic blocs, such as the European Union (EU) and the, now defunct, North American Free Trade Area (NAFTA), encouraged its formation.


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