Geopolitical and Economic Backgrounds for Japan’s Participation in International Associations at the Present Stage

Abstract

Japan is one of the undisputed economic leaders in the Asia-Pacific region, despite the fact that in a number of macroeconomic indicators (for example, in nominal GDP) it gave the primacy to China in the late 2000s. Nevertheless, the positions of Japanese financial and industrial groups in the automotive and shipbuilding sectors, information technology, telecommunications systems, and power equipment manufacturing are still strong in the world markets. Tokyo also feels confident in the international political space - most regional problems are solved with the active participation of Japan. Accordingly, the Japanese government has all the possibilities to conduct a clear and consistent foreign policy with a maximum consideration for its own interests, as well as it has opportunities to attract a wide range of overseas partners to mutually beneficial cooperation within the framework of multilateral agreements. However, nowadays in the Asia-Pacific markets, Japanese corporations face increasing competition from Chinese and South Korean companies, which forces Japan to take into account new geopolitical situations and strive to softly promote its vision of regional development. The purpose of the study is to analyze Japans approaches to participation in current international associations and to assess the overall impact of these approaches on the geopolitical and economic space of the Asia-Pacific region. The research methodology is based on the apparatus of social sciences (comparative analysis, content analysis, economic and statistical analysis, synthesis, historical and logical methods), and is supplemented by a systematic approach to the research topic through the search and interpretation of the appropriate information.