Development of Concept
An earlier, influential concept was the geographically smaller version called New Order in East Asia (東亜新秩序 Tōa Shin Chitsujo), which was announced by Prime Minister Fumimaro Konoe on 22 December 1938 and was limited to Northeast Asia only.
The original concept was an idealistic wish to free Asia from colonizing powers, but soon, nationalists saw it as a way to gain resources to keep Japan a modern power, and militarists saw the same resources as raw materials for war. Many Japanese were drawn to it as idealistic. Many of them remained convinced, throughout the war, that the Sphere was idealistic, offering slogans in a newspaper competition, praising the sphere for constructive efforts and peace.
Konoe planned the Sphere in 1940 in an attempt to create a Great East Asia, comprising Japan, Manchukuo, China, and parts of Southeast Asia, that would, according to imperial propaganda, establish a new international order seeking "co prosperity" for Asian countries which would share prosperity and peace, free from Western colonialism and domination. Military goals of this expansion included naval operations in the Indian Ocean and the isolation of Australia. This would enable the principle of hakkō ichiu.
This was one of a number of slogans and concepts used in the justification of Japanese aggression in East Asia in the 1930s through the end of World War II. The term "Greater East Asia Co-Prosperity Sphere" is remembered largely as a front for the Japanese control of occupied countries during World War II, in which puppet governments manipulated local populations and economies for the benefit of Imperial Japan.
To combat the protectionist dollar and sterling zones, Japanese economic planners called for a "yen bloc." Japan's experiment with such financial imperialism encompassed both official and semi-official colonies. In the period between 1895 (when Japan annexed Taiwan) and 1937 (the outbreak of the Second Sino-Japanese War), monetary specialists in Tokyo directed and managed programs of coordinated monetary reforms in Taiwan, Korea, Manchuria, and the peripheral Japanese-controlled islands in the Pacific. These reforms aimed to foster a network of linked political and economic relationships. These efforts foundered in the eventual debacle of the Greater East-Asia Co-Prosperity Sphere.
The negative connotations that still attach to the term "Greater East Asia" (大東亜) remain one of a number of difficulties facing the annual East Asia Summits, begun in 2005 to discuss the possibility of the establishment of a stronger, more united East Asian Community.
Read more about this topic: Greater East Asia Co-Prosperity Sphere
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