Easternization: Asia's Rise and America's Decline From Obama to Trump and Beyond, by Gideon Rachman, is an examination of the growing shift in geopolitical power from the traditional West (Europe, and above all, the United States) to the East. Rachman devotes much of the book to the examination of the rise of China, which has recently taken over as the world's largest economy (in GDP at PPP), is the world's largest exporter, and has the world's largest population. These factors have seen a significant increase in the reach of China as a world power. Even so, China is still eclipsed by the United States, which remains the world's largest military power (by spending, technological prowess, and reach), and the world's largest economy overall. The United States is everywhere, with a sophisticated alliance network, both bilaterally, and through NATO. They are also the main financier and backer of many important world institutions, such as the IMF, World Bank and so on. They are also home to the headquarters of the United Nations, and sit on the UN Security Council, with veto power. The United States has trade agreements and embassies with almost every nation in the world, and has military bases and ports of call dotting the globe.
China on the other hand, has not yet achieved the status of a true global power, although trends seem to confirm this is changing. China's economic clout continues to increase. China, fed up with its lack of voting weight from global financial institutions, has created its own - the Asian Infrastructure Investment Bank (AIIB). This has been a major point of contention for the United States, and even more so as many of its allies, including the UK and Germany, have eagerly signed on. China has opened up its first overseas military base in Africa - Djibouti specifically. It is also engaged in a massive diplomatic and economic push across the globe. Chinese investments and trade deals have been created in rapidly on every continent. From Ethiopia, (where China has financed a new metro system in Addis Ababa, as well as the construction of the new AU building), to Brazil (where China has signed commodities trading deals and invested heavily in Brazilian companies), to Central and South Asia (where China has constructed ports, roads, power and telecommunications infrastructure and much more) this push is truly global. And with Western backers who frequently put neoliberal conditions on loans and development funds - such as economic restructuring, and sweeping political changes - Chinese investment is looking increasingly more obtainable.
The book talks much of the shifting balance of power - with the US seemingly reducing its clout as China raises its own. Even so, Easternization talks about more than just the US and China. It looks at the shifting trends in geopolitics and economics, as many nations begin to turn to Asian economies and investment for development and infrastructure dollars. It shows that the corridors of power may be moving east, and a unipolar world controlled by the West - the norm since after the collapse of the USSR, may not be sustainable. It examines political trends in the US, China, South Asia (Thailand, Singapore, Indonesia, Malaysia etc.) Korea, Japan, India and Pakistan, Africa and Europe, as well as Russia, Hungary and so on.
Many nations are beginning to look to nations like China, Singapore and Japan for development models. These models often include greater government control over economic development, an increase in authoritarianism, and nationalism. Even states like the US and UK, the core of the western alliance system, seem to be moving in this direction. The increasing market share of other nations is concerning to Western politicians, who fear losing their privileged place in the world. Nations that require development funds and improved institutions, like Hungary, Poland, Turkey, Egypt, and even larger nations like Russia and India, appear to be utilizing aspects of the Asian growth model.
Rachman also notes that, as the US loses market share, its economic dominance begins to falter. This leads to a necessary push in the US to ensure its allies pay a greater share of the bill for its own global dominance. Other Western nations, like Germany, France, UK, Australia, Canada and so on, all rely on the US-led global system to function, and the US expects them to pay for it. Even so, many of these nations remain aloof. It is difficult to force allies to pay the bill for a system they may benefit from, but have little control over. Many of the smaller partners in the NATO/Western system may not enjoy the lack of freedom of choice they have over their own destinies. The US too, it seems, is increasingly frustrated by its own global alliance system. As the ability to choose other options increases for many nations, they will look less and less to the US for advice, political support, or economic and military support. Instead, they may be able to receive investment dollars from China, Japan, India or other growing powers looking to increase market share and their diplomatic reach.
Rachman goes into detail describing these events from the viewpoint of many nations around the world, and how the East is increasingly coming to play the pivotal role in international affairs. Events in the East will increasingly become major events in capitals from D.C. to London. The West may lose its monopoly of control over global events. This leads to theories of the Thucydides trap, where an established power and a rising power more times than not end up at war. Rachman notes the increasing friction between the United States and China, and the increasing ambivalence of partners on both sides. Whatever the case, Rachman has done an excellent job chronicling the shifting balance of power between the West and East. The book is fairly timely (barring modern stuff, like recent Trump news, political changes in Saudi Arabia and Brazil, and so on), and it discusses greater geopolitical trends from many nations perspectives. A very interesting read, and still worthwhile for geopolitical junkies -although I assume events within the next few years (2019 on) may negate some of the prognosis. Regardless, a worthy read.