Geo-economics and the Hub and Spokes system

the Japanese case

Authors

  • Ricardo Vega Universidad Tecnológica de Mexico - Campus Ecatepec.

DOI:

https://doi.org/10.5752/P.2317-773X.2021v9n3p33-52

Keywords:

Japan, geo-economics, hub and spokes, bilateralism, international trade, econonomic integration

Abstract

This paper examines the reasons why Japan has been building a foreign trade policy based on a hub-and-spokes system. It will be argued that trade efficiency and exports promotion are assumptions that need a broader reconsideration through a geo-economics approach. What defines Japan’s pursuit of several bilateral trade agreements is assuring its relative economic hegemony whilst changes in the world balance of power are taking place. As Japan faces an uncertain and unforeseeable future, it needs to strengthen its trade policy to guarantee access to international markets. Japan’s trade policy goes beyond the efficiency scope and it entails a geo-economics elucidation.

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Author Biography

Ricardo Vega, Universidad Tecnológica de Mexico - Campus Ecatepec.

PhD in Economic Science. Professor at Universidad Tecnológica de México – UNITEC MÉXICO – Campus Ecatepec.

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Published

2021-11-30

How to Cite

Vega, R. (2021). Geo-economics and the Hub and Spokes system: the Japanese case. Estudos Internacionais: International Relations Journal of PUC Minas, 9(3), 33–52. https://doi.org/10.5752/P.2317-773X.2021v9n3p33-52