While the AEMEs are not homogenous in their economic systems, structure and size, it may be useful to consider some generalisations in the current context recognizing the severe limitations of such generalizations whenever a country-context becomes the focus.
Developments in the Japanese economy are very critical to the AEMEs and there is scope for considerable applied research in this area, recognising the signs of resurgence in the Japan’s economy. The narration that follows essentially relates to the AEMEs, commencing with favourable factors. First, they currently enjoy strong global demand for their exports, favourable terms of trade and easy access to external financing.