The New Asian Hemisphere
IN THIS SUMMARY
Over the past twenty years, the world has experienced some of the greatest changes in human history. The biggest result of any great advancement in the technological and scientific realms is that the 88 percent of the world that is not based in the West have stopped being objects of history and have begun to be the subjects of their own success. The myth that Western economies are better prepared to handle crises has been disproven by the current financial problems in the West. While the West is fighting to regain their economic foothold by continuing to practice their Western ideals, Asian countries are practicing a pragmatic approach to economic growth and development. Even though Asian economies are experiencing growth and stabilization, they are not ready to replace Western economies. Asian economies depend on Western consumers; Western and Eastern countries need to begin to work in tandem to create a great and stable global environment.