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.

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.

Before the spectacular economic catastrophes that have recently befallen the newly-emergent economies of Asia - notably those of Korea and Thailand - it was fashionable amongst economists to speak of an impending Asian century in which the Asia-Pacific region would supplant America as the centre of gravity for world affairs. Conventional wisdom held that the high growth rates enjoyed by the Asian tiger economies would continue relentlessly, even spreading within the region, while Western institutions, by contrast, would decline irreversibly.

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.

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.

The "rise of Asia" is something of a myth. During 1990-2005 China accounted for 28 percent of global growth, measured at purchasing power parity (PPP). India accounted for 9 percent. The rest of developing Asia, with nearly a billion people, accounted for only 7 percent, the same as Latin America. Hence there is no general success of Asian developing economies. China has grown better than its developing neighbors because it started its reform with a better base of human capital, has been more open to foreign trade and investment, and created good investment climates in coastal cities. China's success changes the equation going forward: its wages are now two to three times higher than in the populous Asian countries (Bangladesh, India, Indonesia, Pakistan, and Vietnam), and China will become an ever-larger importer of natural resource and labor-intensive products. Developing countries need to become more open and improve their investment climates to benefit from these opportunities. China itself faces new challenges that could hamper its further development: unsustainable trade imbalance with the United States, energy and water scarcity and unsustainable use of natural resources, and growing inequality and social tension. To address the first two of these challenges, good cooperation between China and the United States is essential. The author concludes that we are more likely to be facing a "multi-polar century," than an Asian century

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. This work was published by Saint Philip Street Press pursuant to a Creative Commons license permitting commercial use. All rights not granted by the work's license are retained by the author or authors.

In this collection of essays, we reflect on what it means to practise the social sciences in the twenty-first century. The book brings together leading social scientists from the Asia-Pacific region. We argue for the benefit of dialogue between the diverse theories and methods of social sciences in the region, the role of the social sciences in addressing real-world problems, the need to transcend national boundaries in addressing regional problems, and the challenges for an increasingly globalised higher education sector in the twenty-first century. The chapters are a combination of theoretical reflections and locally focused case studies of processes that are embedded in global dynamics and the changing geopolitics of knowledge. In an increasingly connected world, these reflections will be of global relevance

This volume explores the defining features, critical approaches, challenges and opportunities for public policy in the ‘Asian Century’. This is the first book to systematically analyse the key institutions and practices that comprise public policy, administration and governance to investigate how they are changing in the context of increasing Asian influence. Its authors argue that the Asian Century holds the potential to generate a paradigm shift equivalent to the impacts of neo-liberalism and the New Public Management of the late 20th century. Divided into three parts, this volume interrogates the theories underpinning contemporary public policy; explores case studies from different policy arenas across the Asian region; and imagines what a future of globalised public policy might look like. It examines the implementation measures necessary to support policy and administration in an era of transnational governance networks, tightly linked economic markets and progressively fluid cultural exchanges. This book provides the concepts and tools necessary to navigate these shifting sands successfully. It is essential reading for scholars of public policy, public management, international relations, and politics and social sciences, as well as for administrators and public servants.