Publisher's Synopsis
The Asia-Pacific region has, in the eyes of most observers, the potential to become the engine of global economic growth in the 21st century. Whether it does will largely depend upon the willingness of the region's nations to pursue economic co-operation and peaceful reconciliation of differences. In this volume, scholars, policy experts, and representatives from business examine the issues that could reverse favourable prospects for economic development and create serious security concerns throughout the region.;The authors examine political-military instability in Cambodia and Korea, US fears of Japanese economic domination and resulting protectionist impulses, traditional Southeast Asian suspicions of the Japanese, and Japanese reluctance to take on the international responsibilities appropriate to a global economic power. The discussions offer the background and analysis necessary for policymakers in the capitals of all the Pacific nations to make informed decisions that will ensure continued economic progress.