Investor Glossary-pacific rimInvestor Glossary-pacific rimInvestor Glossary-pacific rimInvestor Glossary-pacific rimInsightful stock market charts - Click here
investor
 # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z     
Term of the Day Email this Definition Link to this Definition

Pacific Rim


The Pacific Rim is a geographic concept that encompasses the countries that border the Pacific Ocean. Among the important nations of the Pacific Rim are Japan, South Korea, China, Taiwan, and Singapore; the Pacific Rim also includes smaller nations like Laos and New Zealand Although the United States and Canada are not considered Pacific Rim countries, they are members of the Asia-Pacific Economic Cooperation, an organization that promotes the economic interests of Pacific Rim nations. Indeed, more than any geographical conceit, the Pacific Rim represents the rise of the economies of what had been called the Orient. These include "economic dragons" like South Korea and Taiwan, which were barely significant players until the late 1980s. By the same token, the Pacific Rim represents a shift of power away from Europe. The rise of the Pacific Rim has had a powerful impact on the U.S. West Coast, which both economically and culturally has become more integrated with Asian nations.

Rate this Pacific Rim definition...

               


Where is the market headed? The answer may surprise you. Find out
right now with the exclusive & Barron's recommended charts of Chart of the Day.


Popular Terms: EBITDA, liquidity ratio, 401a, deferred tax, command economy, 144a, per diem, margin rate, deferred revenue, required rate of return, cancelled check, open position, stock split, ex-dividend, implied volatility, in escrow, irrevocable trust, limit order, quality assurance, risk management, 1035 exchange, Key Rate Duration, class C shares, current ratio, Zero Cost Collar, 1031 exchange, wholly-owned subsidiary, VIX, reverse mortgage, retained earnings, phantom income, option premium, minority interest, labor relations, ex-dividend date, covered put, real GDP, LIBOR, inflation, dividends payable, diluted share, debt service coverage, balance sheet, APR, equities, average price per share, FICO score, FTSE, stock market close


Home | Term of the Day | Tell a Friend | Suggest a Term | Edit Subscriber Detail
Accounting | Banking | Bonds | Brokers | Economy | Futures | Mutual Funds | Options | Real Estate | Retirement | Stocks | Taxes | Technical Analysis
©2004-2010 Investor Glossary - All rights reserved - Terms of Use