Pop, Ana Monica; Pop, Dana
November 2007
International Journal of Business Research;2007, Vol. 7 Issue 6, p105
Academic Journal
In this paper we will try to make an analysis of the evolution of the relations, mainly from an economic point of view, between Japan and the ASEAN countries in the context of globalization. ASEAN -- the Association of Southeast Asian Nations -- was formed in August 1967 in Bangkok. The Bangkok Declaration (1967) stipulated that the Association was open to all Southeast Asian countries. Today, ASEAN region has a population of approximately 500 million, an area of 4.5 million square kilometres, a combined GDP of around USD 737 billion and a total trade of approximately USD 720 billion. The dialogue between Japan and ASEAN covers a wide range of meetings at summit, ministerial and official level. After the establishment of ADB -- Asian Development Bank -- in 1966 by Tokyo, the framework for entering in economic affairs was settled. After introducing the new Japanese policy in1977, Japan has been the largest provider of economic assistance for ASEAN. Recently, some analysts considered that Japan's pre-eminence in the ASEAN region has been erodeddue to the economic rise of China. However, we believe that ASEAN countries will still welcome Japan as a counterweight to China and a major economic player.


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