The Shanghai Accord, which was produced by the leaders meeting of APEC 2001 in China, can be interpreted as an effort to move forward the APEC to the Bogor Declaration. Major agenda of the Shanghai Accord are as follows; 1) broadening APECs vision for the future by identifying a conceptual and policy framework to guide APEC in the new century, 2) Clarifying APECs roadmap for achieving the Bogor Goals on schedule, 3) Strengthening APECs implementation mechanism by strengthening the Individual Action Plan Peer Review process reinforcing Ecotech and capacity building efforts. The Shanghai Accord is a substantial progress because it provides a clearer definition of the Bogor goals and the methods of implementation. However, more practical measures need to be developed if the Shangai Accord is able to provide a meaningful momentum to achieve the Bogor Goals. (The rest is omitted.)

Ⅰ. Introduction

Ⅱ. Open Regionalism and the Shanghai Accord
1. An Interpretation of the Open Regionalism
2. An Assessment of the Shanghai Accord

Ⅲ. Understanding the current situation of APEC
1. Modelling APEC
2. An Analysis of APEC subgroups' attitude toward APEC and TILF

Ⅳ. Achieving Bogor Objectives.
1. Basic Directions
2. Clarifying the Bogor Goals and Implementation Mechanism