Tuesday, February 19, 2013

Will The Asian Century Also Be A Century Of Conflict?

Graph from Brookings

Asian Century Marked by Rising Conflict -- Rory Medcalf, Real Clear World/The Australian

Armed tensions in the South China Sea, China and Japan edging to the brink of war, and now a North Korean nuclear test - welcome to the Asian century.

This is not the Asian century economist Ken Henry and the Australian government had in mind when they released their hopeful report of the same name just a few months ago.

That document was mostly about how Australians might best prepare for the opportunities of unstoppable economic growth and middle-class aspiration in Asia's rising powers, especially China and India.

Read more
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My Comment: This commentary is from an Australian perspective .... but it holds true for everyone else. Asia is undergoing extraordinary economic growth and development .... but the old historical and nationalistic "demons" are still there, and it is going to take more than sound economic development to excise this mindset.

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