Magazines Archives - 2010 January

APEC Summit: Looking beyond economic recovery; charting a
new growth paradigm ... Part 2: What could go wrong for Asian retailers?
Story 1 - One Viewpoint

Part 1 of this article discussed the 17th APEC Summit that was held in Singapore last November, and examined the prognoses and roadmap that the APEC leaders charted. They were decidedly positive and cogent yet cautious and guardedly optimistic, given the vastly changed post-crisis landscape that the global economy was emerging into. Part 2 now takes a closer look at some of the key points of the Summit Declaration. What were the real substance
and deliverables behind the rhetoric that would have the potential of hard ground-level impact on Asian economies? How would it shape Asian consumer markets in the near term? Could things go wrong? Maybe yes; maybe no …

Steven HL Goh is the executive chairman of RETAIL ASIA. He is also CEO of The Business Company, a consulting firm advising multinational retailers on retail strategies and business development opportunities in the Asia-Pacific.

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