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The 25 years of APEC shows a positive correlation between trade and economic growth. the strong correlation makes APEC seen as a future core of economic power and potential to be global leadership in development of international norm, rules, cooperation. international political economy concerns to how scare resources are allocated to different uses and distributed among individuals through process of decentralized market. it also refers to handling of issues related to cross national boundaries and relationships between 2 or more than two countries through a complex political process involving a country, bilateral relations between countries, international organizations, regional alliances, and global agreements. in globalization era, improving quality of human resources and sustainable growth is required. however, under pressure of the international competition, indonesia poses a number of new challenges, economics as well as political. the indonesian economic challenge is in investment in commercial infrastructure support greater connectivity. the new vision to be the world maritime axis has been promoted from president joko widodo. it is momentum for indonesia to take advantage from APEC global agenda to strengthen indonesia role in sustaining national, regional, and international economic growth through infrastructure development in maritime sector. |
