THE RISE OF CHINA AS THE LARGEST ECONOMY IN THE WORLD: GEOPOLITICAL IMPLICATIONS FOR JAPAN
Florin Bonciu
Romanian Economic Business Review, 2015, vol. 10, issue 2, 48-59
Abstract:
The paper attempts to evaluate some of the geopolitical implications for Japan resulting from the new position of China as the largest economy in the world in PPP terms. As the economic dimension is accompanied by similar aspects related to China’s military and research and development capabilities, the world economy is becoming more and more a multi-polar entity in which Japan has to play a new role. The emergence of Asia-Pacific cooperation structures as well as of international development banks belonging to Asian or BRICS countries requires Japan to make some strategic decisions for finding a balance between its special relation with USA and its geographical position.
Keywords: world order; geopolitics; Chinese economy; Japan geopolitical options; Japan – US relation (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:rau:journl:v:10:y:2015:i:2:p:48-59
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