The Asia-Pacific (APAC) is the geographical region of the world adjoining the western Pacific Ocean. It includes countries from East Asia to Southern Asia and Oceania. Its geographical spread is humongous. The Asia-Pacific region is home to 60 per cent of the world population – some 4.5 billion – and includes the world's most populous countries, China and India.
APAC has a rich diversity of both socio-economic, natural environmental and abundant natural resources including tropical rain forests and marine products. The term became popular since the late 1980s in commerce, finance and economic cooperation because the nations within APAC were gradually emerging as important markets despite the heterogeneity of the region's economies.
The United Nations Economic and Social Commission for Asia and the Pacific (ESCAP) provides a good example of a realistic perspective on the Asia-Pacific. It unambiguously identifies five major sub-regions of 51 countries making up the geographical region. They are (1) East and North East Asia (ENEA); (2) North and Central Asia (NCA); (3) South and South-West Asia (SSWA); (4) South East Asia (SEA/ASEAN) and (5) the Pacific.
The Asia-Pacific is largely an administrative construction of the region that complements other regional groupings within the United Nations (UN) system. Such groupings, for example, are used to report progress on the UN's Sustainable Development Goals even though the information provided remains limited.
This story is from the January 03, 2025 edition of The Statesman.
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This story is from the January 03, 2025 edition of The Statesman.
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