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Submitted by jbarrales on June 11, 2005
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Demographics and World Commerce Paper
Josephine L. Barrales
GEO 150
Mr. Bruce Lee
June 6, 2005
The recent development of the Internet has created a technological and commercial revolution throughout the world. By essentially shortening the distance between companies and consumers, the Internet has created a competitive global market unlike any other. Many countries are fighting hard to become major players in this potentially lucrative venue. Over the past five years, Western nations have had a considerable advantage in this race, since the concept of the Internet originated from the Western Hemisphere. Yet many Asian countries have a huge market potential for on-line
businesses, and have been steadily catching up to the West and are currently within striking distance of the West's lead. The world has been increasingly interested in the market potential of the Asian Internet, especially the various Asian nations themselves. In the past three years, a veritable battle has broken out amongst a handful of Asian nations that are all vying for the coveted position of becoming the "Asian Internet Superpower."
My paper will discuss the role of Japan, one of the four major e-commerce players (Japan, China, Hong Kong, and Singapore). Each country or region has unique strengths to aid them in the e-commerce race. For example, Japan has one of largest economies in the world, which means that it has the money and resources to create reliable infrastructures for the development of e-commerce. China is also likely to become the e-commerce epicenter of Asia with its rapidly growing economy, fast building infrastructure and immense human population. Hong Kong, a capitalist territory of China, is currently one of the strongest international finance and trading centers in the world. With its well-developed economic and technical...
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