Regional economic integration of Japan and Asia. The economic role of Japan in the Asia-Pacific region is of particular interest and relevance, but rather little known in the West, particularly when the implications for European or German business are considered. Japan has fostered economic integration within East as well as with Southeast Asia, and beyond in the wider Asia-Pacific region. This has led to dense economic and business linkages in the area, also involving deep production networks along the value chain. Japanese enterprises actively proceed to develop further trade linkages and investment projects. It can be said that Japan contributes quite significantly to the economic development of the Asia-Pacific area through fostering economic integration.
Alternatively, the term sometimes comprises all of Asia and Australasia as well as Pacific island nations Asia Pacific and Australian continent —for example, when dividing the world into large regions for commercial purposes e. On the whole, there is no clear-cut definition of "Asia Pacific", and the regions included change depending on the context. The term has become popular since the late s in commerce, finance and politics. Despite the heterogeneity of the regions' economies, most individual nations within the zone are emerging markets experiencing rapid growth. From Wikipedia, the free encyclopedia. Retrieved on October
Internationalization of the Yen for the 21st Century
Japan modernized rapidly after the Meiji Restoration of , often using German models through intense intellectual and cultural exchange. Japan declared war on the German Empire in and seized key German possessions in China and the Pacific. In the s, both countries adopted aggressive militaristic attitudes toward their respective regions. This led to a rapprochement and, eventually, a political and military alliance that included Italy: the " Axis ".
East Asia is the eastern subregion of Asia , defined in both geographical  and ethno-cultural  terms. The region was the cradle of various ancient civilizations such as ancient China , ancient Japan , ancient Korea , and the Mongol Empire. For thousands of years, China largely influenced East Asia as it was principally the leading civilization in the region , exerting its enormous prestige and influence on its neighbors.