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Triangular relationship is a unique relation among three nations which is exclusive of the mutual relationship between any two nations of the three. According to Adelman (2001), the nations involved in triangle must have significant regional influence and any shift in the position by any nation can alter this balance of power. This essay talks about two such triangles in the wider Asia-Pacific region. The objective of this essay is to understand the interaction between the three sides and how it determines the balance of power in the region.   One such triangle exists between China, India and Pakistan. There is a mutual mistrust between India and China since the brief border war between the two nations in 1962. India and Pakistan share a more acrimonious relationship as they have fought four wars since they became independent in 1948. The relationship between China and Pakistan has been friendly for a long part of their histories. The triangu...

Thanks to the global financial crisis, the concept of global business is past. Businesses in our country should now focus on regional opportunities . Given the current economic environment, this essay aims to disseminate the arguments both for and against this statement. Since the day, liberalization and globalization came into being, doing business as in more than just the local country has been the trend. Local businesses have been fascinated of opening operations across the globe to benefit from the globalization. However, as the recent recession crept into one region, it spread to all the parts of the world due to this globalization only. Now, when the world has come out of the recession it is facing a tough challenge of growth momentum and it is here that this topic plays an important role. It does not always happen that a business flourishes just on the basis of regional opportunities (Hill, 2004). A balanced dependency on exports should also be...