- 14 Mar 2002
- 21,053
- 18,907
Japan has slipped to fourth place in a recent assessment of Asia's most powerful nations, marking a significant decline in regional influence. For the first time, India has overtaken Japan in the annual Asia Power Index, reflecting Tokyo's waning economic strength. The 2024 index, published by the Lowy Institute, underscored the shifting power dynamics in Asia. While the United States remains dominant, it faces increasing military pressure from China. Despite China's military gains, its overall influence has plateaued. Japan's decline is attributed to rising competition, particularly in areas where it once held a technological edge. South Korea, China, and Taiwan have made significant strides in advanced manufacturing, eroding Japan's competitive advantage.
www.japantimes.co.jp
power.lowyinstitute.org
Japan's declining productivity can be attributed to "redirected foreign investment away from the Japanese technology sector" coupled with demographic challenges, according to the analysis. Tokyo, however, also gained points in the ranking as it takes on a more prominent role in the defense and security sphere, with the report noting increased collaboration with Washington and other regional partners. Japan also surpassed the U.S. in diplomatic influence — defined as the ability to exercise influence and leverage through economic interdependencies, including trade relations, investment ties and economic diplomacy. Japan now ranks second in this regard, with the U.S. in third place and China remaining at the top. Tokyo's diplomatic influence has reached its highest point since 2020 under then-Prime Minister Shinzo Abe, emerging as the most active diplomatic player last year, conducting 96 bilateral meetings, 47 of which were at the leader level, the survey said.
Japan falls behind India to No. 4 in new Asia power survey
The 2024 Asia Power Index highlights shifting power dynamics in the region, with the U.S. still dominant but facing rising military pressure from China.
Map - Lowy Institute Asia Power Index
Map the distribution of power across 27 countries in the Asia-Pacific with @LowyInstitute Asia Power Index
