This expert analysis looks at what the increasing economic and political prominence of China and other Asian nations means to the West and the rest of the world. Asia's Rise in the 21st Century is a wake-up call to the West, offering a sophisticated assessment of a group of nations that are becoming essential markets for U.S. trade, industry, and finance, even as they increasingly represent fierce competition for global markets. The work traces changes that launched the region down the path to potential economic and political ascendancy, and it looks at various factors, from politics to economics to demographics that affect Asia now and will continue to do so in the future. China's prominence is explored in the context of how it complements and competes with the rest of Asia, especially Japan and India, and how it interacts with other major emerging-market countries, such as Brazil, Russia, and Turkey. The book also looks at the challenge China's ascendancy poses to the assertion that a successful capitalist system must be accompanied by political democracy. Finally, the authors suggest ways in which Asia's rise can be accommodated in the West and elsewhere and offer thoughts on where Asia, and especially China, will be in 2030.

This open access book consists of essays written by Kishore Mahbubani to explore the challenges and dilemmas faced by the West and Asia in an increasingly interdependent world village and intensifying geopolitical competition. The contents cover four parts: Part One The End of the Era of Western Domination. The major strategic error that the West is now making is to refuse to accept this reality. The West needs to learn how to act strategically in a world where they are no longer the number 1. Part Two The Return of Asia. From the years 1 to 1820, the largest economies in the world were Asian. After 1820 and the rise of the West, however, great Asian civilizations like China and India were dominated and humiliated. The twenty-first century will see the return of Asia to the center of the world stage. Part Three The Peaceful Rise of China. The shift in the balance of power to the East has been most pronounced in the rise of China. While this rise has been peaceful, many in the West have responded with considerable concern over the influence China will have on the world order. Part Four Globalization, Multilateralism and Cooperation. Many of the world's pressing issues, such as COVID-19 and climate change, are global issues and will require global cooperation to deal with. In short, human beings now live in a global village. States must work with each other, and we need a world order that enables and facilitates cooperation in our global village.

Maritime power has been a key defining parameter of economic vitality and geostrategic power of nations. This book explores how the first decade of the 21st century has witnessed the rise of China and India as confident economic powers pivoting on high growth rates, exponential expansion of science, technology and industrial growth.

First published in 1997, this volume reflects an attempt to put order in the place of what appears to be chaos amidst East Asia’s rapid dash toward economic development. With experiences of Turkey during and after martial law, Italy during the Red Brigade, England during the ‘Winter of Discontent’, post-Franco Spain’s stumbling embrace of democracy, Poland in the beginning of the solidarity movement, South Africa in the crumbling of apartheid, China during the early student protests and Europe when the Iron Curtain was lifted, Christopher Lingle applies these ideas to modern developments in East Asia, providing an intriguing, counter-intuitive, refreshing take on its economies.

This book is open access under a CC BY 4.0 license. This book delves into the widely held belief that the 21st century will be the "Asian Century" by examining the Asia's rapid economic development in the post-war era and the challenges it faces in forging ahead of world leaders in the West. The impact of the current turbulent global political climate on Asia is critically analyzed, employing a holistic and multidisciplinary approach, combining economic, social, political and geopolitical perspectives. Written in an accessible style, the book offers students, business, government, and civil society players powerful insights on Asia.

Is This the Asian Century? comprises 25 articles which the author has published on the Project Syndicate website since 2012. These articles are grouped into four broad topics: (1) Growth and Structural Adjustment, (2) Economic Integration and Cooperation, (3) Business, Money, and Finance, and (4) Education and Society. Through these selected works, the author explores whether the Asian Century is coming to pass or not and how Asian economies prepare for such century. The author also presents his analyses of Asia's economic transformation as well as social and cultural changes, and suggests the ways that Asian economies can overcome major economic and social challenges to continue their path towards a more balanced and sustainable growth in the 21st century.This book serves as a useful reference text for those who seek to understand the Asian economies, and contributes to ongoing policy debate on Asia's economic future.

As the Indo-Pacific emerges as the world’s most strategically consequential region and competition with China intensifies, the United States must adapt its approach if it seeks to preserve its power and sustain regional stability and prosperity. Yet as China grows more powerful and aggressive and the United States appears increasingly unreliable, the Indo-Pacific has become riven with uncertainty. These dynamics threaten to undermine the region’s unprecedented peace and prosperity. U.S. Strategy in the Asian Century offers vital perspective on the future of power dynamics in the Indo-Pacific, focusing on the critical roles that American allies and partners can play. Abraham M. Denmark argues that these alliances and partnerships represent indispensable strategic assets for the United States. They will be necessary in any effort by Washington to compete with China, promote prosperity, and preserve a liberal order in the Indo-Pacific. Blending academic rigor and practical policy experience, Denmark analyzes the future of major-power competition in the region, with an eye toward American security interests. He details a pragmatic approach for the United States to harness the power of its allies and partners to ensure long-term regional stability and successfully navigate the complexities of the new era.