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Will the 21st century be the Asian Century?
The Asian Century refers to the dominant role that Asia is expected to play in the 21st century due to its burgeoning economy and demographic trends. Asian economies are on track to become larger than the rest of the world combined in 2020, in purchasing power parity (PPP) terms.
Is the Asian Century coming?
At four billion people in the beginning of the 21st century, the Asian population is predicted to grow to more than five billion by 2050. While its percent of the world population is not expected to greatly change, North American and European shares of the global population are expected to decline.
Why does Asia belong to the 21st century?
Forthwith, the 21st century belongs to Asia. This multi-civilizational order bonds five billion people through business, finance, infrastructure, and diplomatic networks – representing 40 percent of global GDP creating a new Asian system. Japan stood as the first leader of the postwar Asian growth miracle.
Who is going to be the next superpower?
Citing an interview of Mike Orlando, the Acting Director of the National Counterintelligence and Security Center, Atlamazoglou wrote that “Chinese espionage costs the US between USD 200 to USD 600 billion a year in stolen intellectual property.
Why is Asia Named Asia?
Asia. The word Asia originated from the Ancient Greek word Ἀσία, first attributed to Herodotus (about 440 BCE) in reference to Anatolia or to the Persian Empire, in contrast to Greece and Egypt. It originally was just a name for the east bank of the Aegean Sea, an area known to the Hittites as Assuwa.
Will there ever be an Asian Century?
But an Asian century, defined as such, is also not in the cards because it simply cannot be the way the world is shaped in the 21st century. Why not? Because the 21st century will be like no other, due to the convergence of four major factors — factors that will require a very different look at how human progress is to be managed and defined.
What is the 21st century?
21st century:An Asian century. We are entering completely new era of world history.We must change our mental map.Burden is even greater on those who are in education field. Old world has disappeared and new world is emerging.Then question arises how to teach our young friends about this new world.
Will China dominate the world in the 21st century?
China will never dominate the world of the 21st century in the way that the United States did the world of the 20th century.
Is our way of looking at Asia archaic?
This way of looking at Asia is not only archaic, it is perverse. It constitutes a partial rejuvenation of almost colonial-era thinking — that Asian economies exist to preserve the economic dominance of the West, irrespective of the consequences to the region.