kenjilew Pacific Rim and Economic Tigers
By Matt Rosenberg, About.com Guide
Many of the countries surrounding the Pacific Ocean have helped to create an economic miracle that has become known as the Pacific Rim.
In 1944 the geographer N.J. Spykman published a theory about the "rim" of Eurasia. He proposed that the control of the rimland, as he called it, would effectively allow control of the world. Now, more than fifty years later we can see that part of his theory holds true, since the power of the Pacific Rim is quite extensive.
The Pacific Rim includes countries bordering the Pacific Ocean from North and South America to Asia to Oceania. Most of these countries have experienced major economic change and growth to become components of an economically integrated trade region. Raw material and finished goods are shipped between Pacific Rim states for manufacture, packaging, and sale.
The Pacific Rim continues to gain strength in the global economy. From the colonization of the Americas to just a few years ago, the Atlantic Ocean had been the leading ocean for the shipment of goods and material. Since the early 1990s, the value of goods crossing the Pacific Ocean has been greater than the value of goods crossing the Atlantic. Los Angeles is the American leader in the Pacific Rim as it's the source for the most trans-Pacific flights and ocean-based shipments. Additionally, the value of United States imports from Pacific Rim countries is greater than the imports from NATO (North Atlantic Treaty Organization) member in Europe.
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