Pacific Rim

AAA

DEFINITION of 'Pacific Rim'

A geographic area surrounding the edges of the Pacific Ocean. The Pacific Rim covers the western shores of North America and South America, Australia, eastern Asia and the islands of the Pacific. Much of the world's shipping goes through the Pacific region, especially between China and the United States.

INVESTOPEDIA EXPLAINS 'Pacific Rim'

Many Pacific Rim countries have rapidly modernized their economies in recent years, earning nicknames such as the Four Asian Tigers (Hong Kong, South Korea, Singapore and Taiwan) and the Tiger Cubs (Indonesia, Malaysia, Philippines and Thailand).

RELATED TERMS
  1. Gulf Tiger

    A colloquial term for the glittering city and emirate of Dubai ...
  2. International Investing

    The strategy of selecting globally-based investment instruments ...
  3. Development Economics

    A branch of economics that focuses on improving the economies ...
  4. Developed Economy

    While there is no one, set definition of a developed economy ...
  5. Emerging Market Economy

    A nation's economy that is progressing toward becoming advanced, ...
  6. Tiger Economy

    A nickname given to the economies of Southeast Asia. Some of ...
Related Articles
  1. Economics

    Introduction To Asian Financial Markets

    We look at the history of Asia's financial development and how investors can get involved in these growing markets.
  2. Forex Fundamentals

    What Causes A Currency Crisis?

    Find out what can cause a currency to collapse, and what central banks can do to help.
  3. Mutual Funds & ETFs

    Go International With Foreign Index Funds

    As global trade continues to expand and the world's economies grow, spice up your portfolio with these exciting opportunities.
  4. Bonds & Fixed Income

    Dragons, Samurai Warriors And Sushi On Wall Street

    From samurai to sushi, there's no denying the East Asian influence on investing terminology.
  5. Credit & Loans

    On This Day In Finance: July 2 - Asian Financial Crisis

    in 1997, the Asian financial crisis gains traction as the Thai baht begins to float.
  6. Economics

    Profiting From China's Breakout: The Right Funds

    China's prospects for growth, and for rewarding investments, can't be debated. Here are some worthwhile funds to invest in, and the smart way of doing it.
  7. There are many ways to rank the word's most powerful companies. Looking at market value, brand value or sales revenue are all methods used to rank the biggest companies in the world.
    Economics

    Most Powerful And Influential Public Companies In 3 Metrics

    There are many ways to rank the word's most powerful companies. Looking at market value, brand value or sales revenue are all methods used to rank the biggest companies in the world.
  8. What's a Multinational Corporation?
    Investing

    What's a Multinational Corporation?

    A multinational corporation is just that – a corporation that operates in multiple nations, with a home office that coordinates global management. Being a multinational corporation is a complicated ...
  9. What does Free Carrier Mean?
    Investing

    What does Free Carrier Mean?

    Free carrier is a trade term requiring the seller to deliver goods to a named airport, terminal, or other place where the carrier operates. Costs for transportation and risk of loss transfer ...
  10. A look at China's plan to control population growth and how it could change going forward.
    Economics

    China's One-Child Policy Explained

    A look at China's plan to control population growth and how it could change going forward.

You May Also Like

Hot Definitions
  1. Multinational Corporation - MNC

    A corporation that has its facilities and other assets in at least one country other than its home country. Such companies ...
  2. SWOT Analysis

    A tool that identifies the strengths, weaknesses, opportunities and threats of an organization. Specifically, SWOT is a basic, ...
  3. Simple Interest

    A quick method of calculating the interest charge on a loan. Simple interest is determined by multiplying the interest rate ...
  4. Special Administrative Region - SAR

    Unique geographical areas with a high degree of autonomy set up by the People's Republic of China. The Special Administrative ...
  5. Annual Percentage Rate - APR

    The annual rate that is charged for borrowing (or made by investing), expressed as a single percentage number that represents ...
  6. Free Carrier - FCA

    A trade term requiring the seller to deliver goods to a named airport, terminal, or other place where the carrier operates. ...
Trading Center