Kishore Mahbubani, a former UN ambassador and Indian from Singapore, educates his western audience about the current rise of the Asian hemisphere - it's background, causes, and likely political and economic implications.
I especially enjoyed the first half of the book where the author details the background of the modernization, why the east is rising now, and talking about why the west isn't celebrating. The second half of the book felt like a long list of things that the west has done wrong recently, and how unfair it is that the west is in charge of all international organizations.
Interesting stats/points:
The Asian hemisphere historically represented the majority of the world's GDP, until the west launched via the industrial revolution, creativity and their XXX core values. In the first century CE, Asia was 76.3 of global GDP. Western Europe was only 10.8 percent. This ratio became even more skewed by 1000 CE, and then rapidly flipped with the industrial revolution and 'offspring' of western europe (US, Canada, Australia).
The author highlights the impact his family's acquisition of a western bathroom made on his psyche when he was a young man. There's a big step in living standards when you step up into a flushing toilet.
Asia represents over 5.6 billion souls (88 percent of the world's population) that are striving for this level of living standards and are beginning to really live the western values.
The author describes the mission of the Japanese Meiji reformers who surveyed the great western civilizations in the 1860, importing the best of breed to a rapidly modernizing Japan. The 7 pillars they identified are the same pillars that the current asian tigers are using to lift their people into the modern age:
1) Free Market Economics,
2) Science and Technology,
3) Meritocracy,
4) Pragmatism,
5) Culture of Peace,
6) Rule of Law,
7) Education
A description of China before and after the start of modernization is especially vibrant in my mind, as I've only seen the current China - which I found to be EXTREMELY entrepreneurial and market based. My. Mahbubani says he visited Beijing in 1980, not long after Deng Xiaoping had launched his "Four Moderniations" program (agriculture, industry, science and technology, and the military). However, when the author left his hotel and approached the taxi stand, the 10 cab drivers argued... over which one would HAVE TO drive him, not which one would GET TO drive him. They explained that they all got paid the same no matter how many fares they took, so why work hard? The same thing happened with a barber shop, where the barber took an extremely long and careful turn on his hair.
This book was very interesting in the beginning as it gave more heft to my feeling that the east is rising quickly for good reason (and no fault of the west) and that it is not a "bubble." Recommended for those who are interested in where the world is headed over the next 50 years.