AP Map The Asia Pacific Region (The importance of the Bottom-of-the…
The Asia Pacific Region
The dynamic growth in the region
Asia has been the fastest growing area in the world for the past three decades, and the prospects for continued long-term economic growth are excellent. Asian countries along the Pacific Rim are beginning to move forward.
The Greater China
People’s Republic of China (PRC)
The Republic of China (ROC) or Taiwan
The importance and slow growth of Japan
Japan's economy slowed sharply in the 1990s for four reasons
Faulty Economic Policies
Inept political organization
Disadvantages due to global circumstances
However, it is considered a model for policymaking, Japan was the first to manage a big recession and its fast-graying population by strategically growing its government debt.
The Four “Asian Tigers”
This was the name of the fastest growing economies in this region during the 1980s and 1990s
:star: Hong Kong
:star: South Korea
The importance of the Bottom-of-the-Pyramid Markets
C. K. Prahalad and his associates introduced a new concept in the discussion of developing countries and markets
The Base of the Pyramid (BOPM) markets, consisting of the 4 billion people worldwide with annual incomes of less than $ 1,200
These markets are not necessarily defined by national borders but rather by pockets of poverty in the countries.
The diversity across the region
The Asia Pacific region is preparing for the next economic leap driven by trade, investment and technology, with the help of others in the region.
The interrelationships among countries in the region
Association of Southeast Asian Nations -ASEAN
Asia-Pacific Economic Cooperation - APEC
These are two important groups that contributed to the economic growth of the region.
The diversity within China
Northeast China: Longtime Industrial Heartland
Differences in Business Negotiation Styles Within The Greater China
Marketing Opportunities in The Greater China