Asia–Pacific

The Asia–Pacific (APAC) also known as Indo-Pacific is the region of the world adjoining the western Pacific Ocean and consisting of the second half of the Old World. The region's precise boundaries vary depending on context, but countries and territories in Australasia, East Asia, and Southeast Asia are often included. In a wider context, Central Asia, North Asia, the Pacific Islands, South Asia, West Asia, and even Pacific-adjoining countries in the Americas can be included. For example, the Asia-Pacific Economic Cooperation (APEC) includes five economies in the New World. The term has become popular since the late 1980s in commerce, finance, and politics. Despite the heterogeneity of the regions' economies, most individual nations within the zone are emerging markets experiencing significant growth. Sometimes, the notion of "Asia–Pacific excluding Japan" (APEJ) is considered useful.