Managing personal finances wisely for financial stability and
PacificRim- APW2.pptx Recorrido por las economías asiáticas
1. Unit Essential Questions:
To what extent have Pacific Rim nations reshaped the
global economy since World War II?
Which of these nations will play the most significant role
in global history in the 21st century.
2. Pacific Rim: Region including Japan, the Korean Peninsula,
Singapore, Hong Kong, Taiwan; typified by rapid growth rates,
expanding exports, and industrialization; either Chinese or
strongly influenced by Confucian values; considerable reliance
on government planning and direction, limitations on dissent.
3. Imagine if this was life in the
United States:
The most played song in North Korea
“No Motherland Without You”
6. Kim Jong-un- In power since 2011
Son of Kim Jong-Il
Is thought to have executed at least 70
government and military officials since 2011.
An estimated 200,000 prisoners in forced labor
camps.
Routinely threatens the security of the United
States with threats of nuclear weapons use.
https://www.nytimes.com/2019/02/28/world/asia/trump-kim-vietnam-
summit.html
https://www.cnbc.com/2019/03/01/north-korea-spent-most-of-trumps-
first-year-in-office-perfecting-its-nuclear-arsenal-here-is-a-
timeline.html
His Cult of Personality:
• Referred to as “The Great Person Born of
Heaven.”
• “We vow with bleeding tears to call Kim Jong-
un our supreme commander, our leader.”
• A half-mile long propaganda message is carved
into a mountain reading, “Long live General
Kim Jong-un, the Shining Sun!”
• Learned to drive at age 3.
• At age 8, could maneuver dirt roads at speeds
of 75 mph
• Finished a Rubik cube in 30 seconds at the age
7. After the Korean War ended in 1953, the 38th parallel separates
communist North Korea from capitalist and democratic South Korea.
In the years following the 1953 cease-fire, South Korea has emerged as an
powerhouse, and one of the world’s fast growing economies. Its per-capita
20x larger than North Korea’s. Conversely, North Korea created its own brand of
It remains a military state economically, and socially isolated
8. China intervened in the Korea conflict,
pushing United Nations forces back to
the 38th parallel. No formal peace-
treaty was ever agreed to, meaning
that a state of war still exists between
the two countries?????
https://abcnews.go.com/International/north-korea-south-korea-agree-end-
agree-end-war-denuclearize/story?id=54774515
South Korean soldiers guard the
border between North and South
Korea, one of the most heavily
guarded borders in the world.
9. Kim Il-sung
Supreme leader from 1948-1994
• The North Korean constitution
was written to refer to him as the
“Eternal President.”
• Commonly called “The Great
Leader.”
• His birthday is a public holiday in
N. Korea.
• Newly weds must pay tribute at
statues of him after weddings.
• Responsible for over 1 million
deaths (concentration camps,
forced labor, public executions).
• People were made to publically
mourn his death otherwise face
execution.
10. Kim Jong-il
(In power 1994-2011)
• Son of Kim Il-sung
• Many North Koreans believe he
had the ability to control the
weather based on his moods.
• A 2010 media report in North
Korea stated that Kim’s distinctive
clothing sparked world wide
fashion trends.
• Hired Chinese actors to pose as
North Korean fans at the 2010
Soccer World Cup.
• Birthday is known as “The
Greatest Holiday of the Nation”
and “The Day of the Shining Star.”
• An estimated 200,000 political
prisoners under his reign.
• Government created famine in the
1990s led to the deaths of 400,000-
1,000,000 individuals.
13. Unit Essential Questions:
To what extent have Pacific Rim nations reshaped the
global economy since World War II?
Which of these nations will play the most significant role
in global history in the 21st century.
14. Analyze the
political
cartoon and
using the
historical
reasoning
skills –
provide a
Contextuali-
zation
and a
causation.
http://statisticstimes.com/economy/projected-
world-gdp-ranking.php
18. Japan
Government Incentives
• improved parental leave (1 yr. @ 66.7%)
• local govn’ts (rural) cash bonuses
• monthly allowance (~ 300/child)
• New Angel Plan (more available daycare & less working hours)
• free pre-natal care and deliveries
Companies are urged to have family-friendly packages
• monthly payments (Matsushita)
• shorter hours (Nippon Telegraph & Telephone)
• fertility treatments paid for (Canon)
• $400 (1st) - $40,000 (5th) (Softbank)
• $1000 – 1st, $2000 – 2nd, $20,300 for 3rd + (Koei Tecmo )
19. South Korea
Hong Kong
Taiwan
Singapore
Four “Asian Tigers”: These nations and areas were notable for maintaining exceptionally
high growth rates and rapid industrialization from decolonization beginning in the 1950s
through the 1990s. By the 21st century, all four had developed into advanced and high-
income economies, world leaders as international financial centers, and world leaders in
manufacturing information technology. Their economic success stories have served as
role models for many developing countries.
20. South Korea
Hong Kong
Taiwan
Singapore
Neoliberalism: highly free-market; supports extensive laissez-faire,
deregulation, free trade, reductions in government spending, and
the enhanced role of the private sector of the economy.
21. The Four Asian Tigers
• Singapore and Hong Kong, British colonies until 1965 and 1997, respectively, have
virtually no natural resources.
• Both comprise large cities surrounded by very small amounts of rural land.
• South Korea and Taiwan have traditionally taken their lead from Japan.
• Lacking natural resources, the four tigers promoted development by concentrating
on producing a handful of manufactured goods, especially clothing and electronics
• Low labor costs enable a higher profit margin
22. The Trans-Pacific Partnership (TPP) is a trade agreement among twelve Pacific
Rim countries signed in February 2016 in Auckland, New Zealand, after seven
years of negotiations. The goal is to promote economic growth by lowering trade
barriers; support the creation and retention of jobs and competitiveness; raise
living standards; reduce poverty in our countries; and labor and environmental
protections.
23. • The TPP was between Australia,
Brunei, Canada, Chile, Japan, Malaysia,
Mexico, New Zealand, Peru, Singapore, the
United States, and Vietnam. The countries
involved produce 40 percent of the world's
total gross domestic product of $107.5 trillion.
They supply 26 percent of global trade
and 793 million of the world’s consumers.
24.
25. Summary Questions:
• A) How does the legacy of the Cold War on
the Korean Peninsula impact global politics
today?
• B) How do you think the emergence of the
Asian Tigers will effect global politics and
economics in the Pacific Rim? (Try to include
China and the United States in your
response).
26. By the 1980s, the dynamism of the Pacific Rim has since spilled over to
neighboring parts of Southeast Asia. “Little Tigers” (“Tiger Cubs”) such as
Indonesia, Malaysia, Thailand, and arguably the Philippines have begun to
experience rapid economic growth along with expanding cities.
27. REVIEW
Separate paper into 8 boxes. For each box you will include
a visual and 2-3 sentences summarizing the following
information:
1- Sun Yatsen and the Beginning of the Chinese Republic
2- Mao Zedong’s Communist Revolution
3 – Mao Zedong’s Great Leap Forward
4 – The Cultural Revolution
5- Deng Xiaoping’s change in the economy – the 4
Modernizations
6- The Tiananmen Square Massacre and the lack of
political reforms
7 – Current issues in China
8- Japan’s economic success and its impact on the Asian
Tigers
