Pacific Century

The Pacific Century (and the associated term Asia-Pacific Century) is a term that has been used to describe the 21st century through analogy with the term American Century. The implicit assumption underlying the usage of the term is that the 21st century will be dominated, especially economically, by the states in the Asia-Pacific region, in particular China, Japan, India, South Korea, Taiwan, the ASEAN members (particularly Indonesia, Vietnam, Philippines, Thailand, Malaysia and Singapore), Australia, Russia, Canada, Mexico, and the United States. This idea can be compared to the historical Eurocentric/Atlantic viewpoint, which has dominated for the past 5 centuries.

The term Asian Century is a more popularized term, shifting greater emphasis towards Asia, especially on the potential superpowers of China and India. Cities in those countries, such as Tokyo, Mumbai, Beijing, Kuala Lumpur, Jakarta, Manila, Singapore, Hong Kong, New York, Los Angeles, Shanghai, Manila, Vancouver, Mexico City, Vladivostok, Sydney, Delhi and Bangkok are increasingly gaining power as financial centres, displacing cities in Europe. However, critics of this associated term believe it incorrectly describes the 21st century and overstates the importance of the states around the Indian Ocean. Up until 2011, this was proving to be true, as India had shown very promising growth, despite nagging infrastructure concerns. But with the continual unrest in Palestine and associated ultra critical Suez Canal, the Euro crisis, along with India's and Brazil's growth concerns, and Russia's new look East policy, the Pacific century is in fact more accurate term than the Asian century. Note the United States, Canada, and Mexico in particular are dual powers, both Pacific and Atlantic, however the West Coast of North America stands to benefit the most from the Pacific Century visavis the East Coast of North America.

A 10 hour documentary entitled The Pacific Century was aired on PBS in 1993, which covered the history of modern Asia and the West, as well as the future of the region .

In a November 2011 article for Foreign Policy, the term was recast as America's Pacific Century by US Secretary of State Hillary Clinton to succinctly describe the leading US foreign-policy goal of the 21st century. Acknowledging discussion of the rising threat to American power in the region from rapidly developing Pacific nations, most obviously China, Clinton said: "One of the most important tasks of American statecraft over the next decade will therefore be to lock in a substantially increased investment—diplomatic, economic, strategic, and otherwise—in the Asia-Pacific region." President Barack Obama also toured various countries that month to bolster security alliances and work on a new trade bloc called the Trans-Pacific Partnership, from which China is excluded. The US was ASEAN's largest trading partner in 2004; by 2012 China was the biggest trading partner of ASEAN by far, as well as the biggest of Japan, Korea, India and Australia.

Clinton's remarks were translated into official policy at the start of 2012, as the Obama administration outlined a new China-centric military strategy. The preceding year, Clinton had already "grabbed Beijing's lapels" by declaring the South China Sea as a vital American interest. The policy shift was denounced by Chinese state media, which declared that the Americans should not "recklessly practice militarism", nor engage in "war mongering". Unease from SE Asian countries at the militaristic rhetoric from the US led to a trip by Clinton in July 2012, which aimed to extend economic ties to South East Asian countries that are becoming increasingly bound by trade with China, being spun as an adjustment to focusing more on economic issues. One indication of the comprehensiveness of the new American effort was Clinton's visit to Laos, the first by a US Secretary of State since John Foster Dulles in 1955.

Other articles related to "pacific century, pacific":

Bank Of Hawaii - History - Name Change
... In 1997 Bancorp Hawaii changed its name to Pacific Century Financial Corporation (PCFC) ... Other Pacific Century subsidiaries included First Federal Savings and Loan Association of America (in Hawaii-later merged into BoH), and Pacific Century Bank and Pacific Century Savings ...
Pacific Century Group - Companies of The Group
... PCCW Limited (http//www.pccw.com) Pacific Century Regional Developments Limited Pacific Century Insurance Holdings Limited (http//www.pcihl.com) Pacific Century ...
The Pacific Century
... The Pacific Century was a 1992 PBS Emmy Award winning ten part documentary series narrated by Peter Coyote about the rise of the Pacific Rim economies ... for the series, and Frank Gibney, his father, wrote the companion trade book, The Pacific Century America and Asia in a Changing World ... The companion college telecourse, Pacific Century The Emergence of Modern Pacific Asia, was written and edited by Mark Borthwick ...

Famous quotes containing the words century and/or pacific:

    The crow does not hide its prey, but calls for others to share it;
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    We, the lineal representatives of the successful enactors of one scene of slaughter after another, must, whatever more pacific virtues we may also possess, still carry about with us, ready at any moment to burst into flame, the smoldering and sinister traits of character by means of which they lived through so many massacres, harming others, but themselves unharmed.
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