Use of Agency Theory for Economists

 S. The significance of environmental/health standards inside Asia-Pacific nation stem during the severe pressures being placed upon natural resources by overpopulation as well as the increasing threat of global disease pandemics.No peripheral interests might be idenitified for the Asia-pacific region.

There is a single major internal thing that will affect U.S. interests from the Asia-Pacific region: cultural nationalism. Cultural nationalism refers to the historical reaction by Asian-Pacific nations against perceived Western imperialism. This form of nationalism has its roots inside Western imperial domination of the country during the Nineteenth and early Twentieth Centuries. The military and political withdrawal with the West within the region during the latter decades on the Twentieth Century removed the impetus for political nationalism; however, the continued economic dominance of the West during this period has given a boost to cultural nationalism (Gill and Henley, 1996, pp. 8-9).

Although it nominally took the type of political nationalism during the middle decades of the Twentieth Century, cultural nationalism represents a a lot broader concept than political nationalism.

Another objective related for the open market interest is ensuring that trade routes aren't blocked by non-governmental forces, just like terrorists and pirates. Non-political terrorism has grow to be a serious dilemma throughout the world during the last twenty years. These new terrorists are typically motivated by religion or similar or other philosophical concerns not strictly related to politics. Consequently, terrorist acts have reached a higher magnitude than those committed during the 1960s and 1970s. Terrorists motivated by religion or cultural ideologies have begun using weapons and tactics capable of inflicting massive casualties, as from the Globe Trade Center and Oklahoma City bombings. Although few such acts had been committed during the Asia-Pacific region, the capacity for them is increasing. A single clear example was the nerve gas attack by a Japanese cult in the Tokyo subway. It need to also be remembered that Islamic terrorist groups are increasing their influence and activities from the region, a troubling but logical development in light in the reality that Indonesia may be the most populous Islamic country from the world. Indeed, terrorist acts could potentially threaten the freedom of shipping during the straits of Indonesia and Malaysia, a development that can have severe economic benefits throughout the region.

The primary threats to achieving this objective are posed by China and Japan. Both nations have dominated the nation at several times in the past and there appears to become some evidence that specific groups within both countries need to reassert dominance during the future. It must be noted that domination doesn't necessarily mean political or military domination, while that can not be out with the question. Economic dominance may be the higher threat in today's world.

 

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