In the midst of preparing for the upcoming Inter-Korea Summit in June, the South Korean government and many North Korea experts struggle with how to manage this historic opportunity for breakthrough in the Korean peninsula. What happened behind closed doors to reach this agreement to have the summit meeting and what uncertainties lie along the way? What issues will be discussed at the summit? What will some of the challenges be in the post-summit era, not only in inter-Korean relations but in neighboring countries' policies toward the Korean peninsula? These questions and more will be discussed during this seminar. Dr. Kil has worked for the last four years in the Washington bureau of the Korean newspaper, Joong Ang Ilbo, closely monitoring the U.S.-North Korea talks. He is currently on leave for research at the Tokyo Foundation. Dr. Kil has a Ph.D. in political science from Yale University.

12.00 p.m. Mr. Noriaki OZAWA (Ministry of International Trade and Industry, Japan) What is Japan? A Look at Japan's Changing Sociocultural Identity. 12.20 p.m. Mr. Nobutake SHIRAI (Ministry of Post and Telecommunications, Japan) Internet Business in U.S. and Japan: A Comparative Study. 12.40 p.m. Mr. Raita SUGIMOTO (Toyota Motor Corporation, Japan) Reorganization of the Automobile Industry and its Impact on the Asian Market. 1.00 p.m. Mr. Takeo TAKIUCHI (The Patent Office, Japan) Entrepreneurship through Technology Transfer in Silicon Valley. 1.20 p.m. Mr. Kenji UCHIDA (The Kansai Electric Power Co., Inc., Japan) Setting Up New Ventures In-house at Kansai Electric Power Company. 1.40 p.m. Mr. Zhi-Jie ZENG (CITIC Pacific, Hong Kong) China's WTO bid and the Effect on China's Internet Business. Research Introductions: Mr. Yong-Ky EUM (Hyundai Heavy Industry, Korea) Mr. Jiang FENG (People's Bank of China, PRC) Ms. Xiaohui ZHANG (People's Bank of China, PRC)

12.00 p.m. Mr. Hiroyuki FUNAGURA (Toyobo Co., Ltd., Japan) Digital Subscriber Line Research. 12.15 p.m. Ms. Reiko HAYASAKA (Sankei Shimbun, Japan) The Outlook of the Japanese Press Club. 12.30 p.m. Mr. Toshiya KOINUMA (Asahi Shimbun, Japan) Open Source Software Development and its Influence on the Software Industry. 1.00 p.m. Mr. Hidenori MITSUI (Ministry of Finance, Japan) Comparison of American and Japanese Law Fundamentals: Focusing on Tax Law. 1.20 p.m. Mr. Yoshihiko MURASAWA (The Tokyo Electric Power Co., Inc., Japan) Decision-Making Systems of Building Nuclear Power Stations in Japan. 1.40 p.m. Mr. Kiyoshi NOGUCHI (Yomiuri Shimbun, Japan) The Future of Japanese E-commerce.

The Asia Pacific Economic Cooperation forum completed its first ten years in 1999. It is appropriate to pause and look back at its evolution over this period, and look forward to assess its future role in the multilateral world of the World Trade Organisation (WTO). This paper attempts both of these tasks from a New Zealand perspective. The factors and forces behind regionalism, its points of confluence and conflict with multilateralism, and its future role in a globalised international economy are all addressed in this paper. How the forces of regionalism are shaping up in the Asia-Pacific region, and how New Zealand - a small open economy - is linking itself into it are anlysed to put New Zealand's recent economic reforms in an international perspective. To what extent New Zealand and other countries in the Asia-Pacific area can learn and benefit from the experiences of one another is brought into sharper focus in the paper. Professor Srikanta Chatterjee is a professor of international economics at Massey University in New Zealand. A native of India, Professor Chatterjee studied economics at the Universities of Calcutta, India, and Surrey and London, England, receiving his Ph D from the London School of Economics. Besides New Zealand, Professor Chatterjee has been on the full time faculty in universities in India, U.K., Australia, Japan and Fiji. He has also been on the visiting faculty in Australia, Bangladesh, Botswana, China, Italy, India, Japan, Korea, Malaysia, Mauritius, the Netherlands, Norway, Singapore, South Africa, Swaziland and Vietnam. In 1997, Professor Chatterjee was a Japan Foundation Fellow at the Tokyo Keizai University, and, in 1998, he spent a semester at the Kyoto Ritsumeikan University as a New Zealand Asia 2000 Foundation Visiting Professor of Asia-Pacific Studies. Currently a Fulbright Travelling Fellow, Professor Chatterjee is visiting Berkeley, and attending a conference in San Diego before going on give lectures at the University of Colima in Mexico. Professor Chatterjee's teaching and research interests include international economics, international business, the Asia-Pacific economies, inequality and income distribution, and the economics of the household.