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Wednesday, April 23, 2014

Asia's Giants Under New Management

http://www.project-syndicate.org/commentary/kishore-mahbubani-assesses-the-enormous-global-impact-implied-by-leadership-shifts-in-india--indonesia--and-china 

Asia's Giants Under New Management
By Kishore Mahbubani
Project Syndicate
April 21, 2014

BALI - More than one-third of the world's population lives in just three countries: China, India, and Indonesia. With all three undergoing significant political transitions - whether electing a new leader or experiencing a recently installed leader's first key decisions - this is a decisive moment in shaping the global economy's future. If Narendra Modi and Joko "Jokowi" Widodo win the upcoming elections in India and Indonesia, respectively, they will join Chinese President Xi Jinping in spurring regional economic growth - likely causing Asia's rise to global economic preeminence to occur faster than the world ever imagined.

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