NPR aired a detailed review of three books whose very titles make western governments cringe, that you should immediately add to your reading list; “Billions of Entrepreneurs: How China and India are Reshaping their Futures and Yours,” by Tarun Khana, “Rivals: How the Power Struggle Between China and India and Japan Will Shape Our Next Decade,” by Bill Emmot, and “The New Asian Hemisphere: The Irresistible Shift of Global Power to the East, by author Kishore Mahbubani.”
All of these books point to just one fact, The decisions that India and China will largely shape the world picture in the years ahead. The quickly expanding cultural influence and economic power of these ancient nations is seemingly unstoppable. The only questions that remain for the west and U.S. (formerly the world’s only superpower) is, what will be the nature of our relationship with India and China , and what policies will shape the national identity and global perception of the world’s 2 most populous nations.
The immediate reaction from the west is fear, but is that fear well founded? In the book,” New Asian Hemisphere,” author Kishore Mahbubani makes a compelling argument that western powers have little to fear from the rise of Asia,” Asians have become among the greatest beneficiaries of the open multilateral order created by America and the victors of World War II in 1945. Few Asian societies today want to destabilize a system that has helped them.” I wish that I could go into a detailed discussion of the topics covered in each of these books, but the best thing for you and your business is for you to read them yourselves and come to your own conclusions.
There is no easy way to predict what the future may hold, but understanding the different ways that India and China will, for better or worse, change our future, will be of growing importance in the years to come. Conceding power is never easy, but as we may have no other good option, we should focus on creating policies and relationships that will allow us to benefit from their growth.