In the 19th century, the world was Europeanized. In the 20th century, it was Americanized. Now, in the 21st century, the world is being irreversibly Asianized. The “Asian Century” is even bigger than you think. Far greater than just China, the new Asian system taking shape is a multi-civilizational order spanning Saudi Arabia to Japan, and Russia to Australia—linking five billion people through trade, finance and infrastructure networks that together represent 40 percent of global GDP. China has taken a lead in building the new Silk Roads across Asia, but it will not lead it alone. Rather, Asia is returning to the stable multipolar order that existed long before European colonialism and American dominance, with India and Southeast Asia coming into their own as economic and strategic hubs. Large but dormant societies from Iran to Indonesia are finally emerging, teeming with young and urban, ambitious and entrepreneurial youth, while from Saudi Arabia to Vietnam, privatization is unlocking a new wave of growth. Asians are sharing economic and governance models as never before, and their
confident outward push is reshaping business and culture life across North America and Europe, South America and Africa. From investment portfolios and trade wars to Hollywood movies and holiday travels, no aspect of life is immune from Asianization.
Parag Khanna is Founder & Managing Partner of FutureMap, a data and scenario based strategic advisory firm, and a Young Global Leader of the World Economic Forum. He is the international bestselling author of six books, and holds a PhD from the London School of Economics. Parag’s newest book is “The Future is Asian: Commerce, Conflict & Culture in the 21st Century” (2019).