JAPAN'S ROLE IN ASIA-PACIFIC COOPERATION

In: The annals of the American Academy of Political and Social Science, Band 513, S. 25-37

Abstract

THE ASIA-PACIFIC COUNTRIES ACHIEVED RAPID ECONOMIC GROWTH WITH THE FLYING-GOOSE MODEL IN THE 1980'S--GROWTH BUTTRESSED BY EXPORT-ORIENTED DEVELOPMENT STRATEGIES AND THE POLICY CULTURE. WHILE JAPAN AND THE OTHER ASIA-PACIFIC COUNTRIES STILL HAVE STRONG GROWTH POTENTIAL, MANY PROBLEMS REMAIN, INCLUDING TRADE IMBALANCES WITH THE UNITED STATES AND THE RISE OF U.S. PROTECTIONISM, THE ASIA-PACIFIC ECONOMIES' VULNERABILITY, AND THE NEED TO CONSOLIDATE THE INFRASTRUCTURE FOR GROWTH. IT IS IMPERATIVE THAT JAPAN CONTRIBUTE TO THE DEVELOPMENT OF THE REGION BY RESPONDING EFFECTIVELY TO THESE ISSUES AND THAT IT STRENGTHEN THE INTERNATIONAL TRADING ARRANGEMENTS BY PROMOTING ASIA-PACIFIC COOPERATION PREMISED ON OPENNESS. GIVEN THE REGION'S GREAT INTERNAL DIVERSITY, ASIA-PACIFIC ECONOMIC COOPERATION COULD SERVE AS A MODEL FOR INTERNATIONAL ECONOMIC COORDINATION.