Rapid progress towards the Bogor targets is feasible. since many of the proposals for co-operation are. Indeed. positive sum games. The process of opening all APEC economies to greater competition through the dismantling of impediments to International economic transactions is a positive-sum game which will lead to tangible net benefits to all participants. Economic theory and probably more importantly for the success of APEC. recent experience especially in East Asia. Indicate that most of the proposals for co-operation needed to achieve the historic Bogor commitments are, indeed, positive-sum games.