As heads of states from 21 Asia-Pacific economies convened in Honolulu for the Asia-Pacific Economic Cooperation (APEC) summit during November 8-13, students at Scarsdale High School in Scarsdale, New York, got the chance to ask two prominent Asia-Pacific experts about APEC and what it means for them, the United States, and people across the APEC region in a special videoconference.
Isn’t economic growth good for everyone? Many corporate and political leaders contend that unfettered free markets grow faster, while critics point to data showing that rising GDP does not stream throughout society. They claim that deregulation is siphoning wealth into the hands of a few, and worry that this will undermine economic growth and threaten political stability.
Students from the United States and seven other countries learned about the Asia-Pacific Economic Cooperation (APEC) and searched for global links in their communities. Their discoveries showcase how international trade shapes daily life and is intertwined with global and local issues. They also propose ideas for local businesses and industries to reduce their negative environmental impacts.