Paper Summary:

This paper looks at the rise of Japan to the position of an economic superpower and discusses how the Japanese economic expansion has changed its relations with other nations on the Pacific Rim. It also examines how optimal productivity and profitability will best be achieved through a foundation of cooperation and collaboration of the Pacific Rim countries that emphasize the creation of democracies in the region and an adherence to human rights.

Outline
Statement of Thesis
Introduction
Pacific Rim Countries
Key Issues in Asia Empowerment
Recession and Productivity Factors in Japanese Economy
Industrial Policy as an Economical Factor
Summary & Conclusion
Recommendations of the Study

From the Paper:

"'Japan has the largest car industry worldwide. The agriculture sector is one that is smaller and stated to be "in decline" with "far fewer people...involved in growing food now than a few decades ago and crop production is falling." The most important of all Japan's economics sectors is that of industry with 30 percent of the workforce being employed in the automotive industry. This is a problem due to heavy reliance on imports in terms of raw material and fuel. (Twenty-First Century Online, 2005) Japan's growth rate of 5 percent is the highest among the G7 countries. Japan is expected by many authorities to replace the United States as the pre-eminent economic superpower in Pacific Asia."

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