The region offers great diversity, with the economic dynamism of Taiwan, Hong Kong and Singapore, the technical know-how of Japan and California, the natural resources of Australia and the Russian Far East, the human resources of mainland China and Indonesia and the agricultural productivity of New Zealand and Chile.
Some theorists opine that with the relative decline of the old centres of industrialism in Europe and eastern North America, the centre of world economic activity may re-focus on the Pacific Rim.
Compare the Asia-Pacific region; rim of fire, Pacific Ring of Fire.