The APEC Economic Leaders' Meeting (AELM) will discuss new agenda concerning the world's post-crisis development, Chulamanee Chartsuwan, an official of the Thai Foreign Ministry, said Tuesday.
The APEC Economic Leaders' Meeting will be held in Singapore from Nov. 14-15 as Thailand's Prime Minister Abhisit Vejjajiva will also attend this important regional meeting, Chulamanee said.
The AELM theme is sustainable growth and connectivity, said Chulamanee, Director of the Division of Economic Policy, Department of International Economic Affairs at Thailand's Foreign Ministry.
The new agenda, which are planned for the leaders to brainstorm during the AELM, have been established after the world economic crisis, which
peaked in last December, according to Chulamanee.
The first agendum is about re-balancing growth or balancing growth both at the regional and domestic level, Chulamanee explained.
This agendum will also include discussing economic diversification and how to reduce reliance on the U.S. and Europe for growth, in other words, it is how to create new and various markets, the official said.
The second agendum is about inclusive growth as the leaders will attempt to seek ways to create growth for all social sections, said Chulamanee.
Also, under this, the meeting will discuss how to help those who have been or will be affected by structural reform and liberalization, she said.
On the third agendum, the meeting will discuss sustainable growth, which will focus on issues regarding environment, climate change, and energy use, said Chulamanee.
Actually, the new agenda will be about how "the post-crisis- growth model should be like?" she said.
The old issues, which are the pre-crisis agenda, include trade and investment liberalization, domestic governance and corruption, and cross-border topics such as logistics for trade or supply chain, she said.
Overall, the AELM meeting will brainstorm how to manage the world system in a bid to avoid the economic or financial crisis to reoccur, or how
to manage the world's re-balancing growth, said Chulamanee.