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The Asia-Pacific Academic Credit and Qualifications Bank: A Proposal to Sustain and Enhance Human Capital Mobility
International academic mobility demands certainty on the academic backgrounds of students, professors, scholars, researchers, experts and consultants. Frequently, institutions and authorities in charge of the recognition of qualifications have installed administrative processes to validate the authenticity of academic credentials and transcripts. This is also the case when it comes to qualification's recognition for professional matters. In some economies, the requisite of the "apostille" and/or the demand for other legalization requirements are seen as a possible route to guarantee authenticity. Still, in the information age, using printed documents might not necessarily be the best way to administer human capital mobility. This paper will discuss an initiative to look into the future in terms of how to improve efficiency and reduce the cost of recognition among the APEC economies: The AsiaPacific Academic Credit and Qualifications Bank.
