After the end of the Second World War, the Japanese realized that they had to modernize in order to keep up with the rest of the civilized world. A decision was made to reduce the powers of the emperor so that…
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Overall, Japan is considered a good place to do business because of its relatively stable economy and friendly local people. The Japanese economy has now slipped behind China in terms of GDP, although it is still considered a large economic force within Asia and the world as a whole.
China is a strange case because their governmental systems and economic choices do not necessarily match up. The Chinese government is very strictly Communist, although over the last couple of decades, the ruling party has seen the need to bring about capitalist reform in order to propel China to become an economic superpower. Today, China has a great deal of political clout in such organizations as the United Nations because of its tremendous size. Other countries have picked up on this and realize how important trade can be with China. As such, many countries choose not to go against many Chinese economic decisions. China was not always the way it is today though. After China fell to the Communists in 1949, Mao Zedong led China through an era that ultimately proved unsuccessful. Millions of people died of starvation through China’s eccentric Communist policies. It took a long time for those in power in China to realize that capitalism may be a better option for a number of reasons.
Korea used to be unified as one country; however, due to the Korean War in the early 1950’s, there is the Communist-backed North and the Democratic South. The economic differences between these two neighbors are vast and it can be put down to the difference between Communism and capitalism. The North Korean government is extremely secretive and rarely releases information to the outside world. On the other hand, South Korea can be considered as one of the success stories of Asia. In the late 1950’s, after the end of the Korean War, South Korea’s literacy rate was extremely high in conjunction with a very low average GDP per capita. It took a vast amount of modernization and new technology
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The Meaning of Sovereignty, and Its Extent in Contemporary Nation-States.
The early nineties saw the collapse of the Soviet Union and the rise of fifteen newly independent states. This event may be seen to parallel the Asian region in the forties and fifties when several former European colonies were granted their independence, and the African region a short time thereafter, for the same reason.
The main islands that make up Japan are, Kyushu, Hokkaido, Honshu and Shikoku. Japan is located in the Asian continent neighboring Korea, China and Russia. Japan has its southern most islands lying relatively at the same as Bahamas whereas its northern most islands geographically lies in similar latitude as Portland (kwintessential.co.uk).
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The main focus of this paper is to identify the recent trends in Economic Integration in the Asia Pacific Region, discuss their impact on Economic Development and discuss the future development of the region. With the use of research and study of the different articles, it is therefore realized that ASEAN, APEC, ADB and World Trade Organization has been making plans and ways to fight Asia's problem areas and through these organizations, the region has improved and became the worlds largest economic region.
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wned political analyst and founder of YSFK forums, Mike Silvia in one of his publication noted that this issue has less to do with politics but more with basic economics. Together with the evaluation of other people’s thoughts on reunification of North and South Korea, I will
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