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Posted: January 15, 2008
Seminar: The Power Shift to the East: The American Century Is Ending
(Nanowerk News) A seminar on January 16, 2008 from 7:00 - 9:00 pm at the London School of Economics addresses the rapidly changing world economic landscape: "The Power Shift to the East: The 'American Century' Is Ending" by Dr Bülent Gökay, Keele University.
The world economic landscape is rapidly changing and a very different world is emerging. There seems to be satisfactory evidence for a great and rapid shift of wealth and power to China and India. The transfer of power from the West to the East is gathering pace since the late 1990s, and Washington think-tanks have been publishing thick white papers charting Asia's, and China's in particular, rapid progress in microelectronics, nanotech, and aerospace, and printing gloomy scenarios about what it means for America's global leadership.
By the year 2020, the U.S. National Intelligence Council (NIC) predicts, China will be an economic powerhouse, vying with the United States for global supremacy. Asia 's rise is just beginning, and if the regional great powers can remain stable while improving their policies, rapid growth could continue for decades.
In the coming decades, how these Asian giants integrate fully with the world economy will largely shape the 21st century global order. All these powerful trends may soon be followed by increasing concentration of geopolitical strength in Asia as well. Winds of change are blowing everywhere. The rise of China and India as major economic powers is changing the shape and the pattern of the world system.
The world today is too complicated for any single power to dominate it, and the US is trying to maintain its hegemony by relying on diminishing assets.
About the speaker:
Bülent Gökay is a Reader in International Relations and the Director of Master Programmes in Keele University. Bülent Gökay came to Keele in 1996 from Wolfson College, Cambridge, where he had been a Research Fellow for the previous three years. He has been a tutor at the Birkbeck College-London (1993-1994) and a lecturer at the University of North London (Spring 1995 and 1996) and supervisor and part-time lecturer at the University of Cambridge (1994-96).He is the author or co-author of many works in world politics, including The Politics of Caspian Oil (2001), The Politics of Oil. A Survey (2006), Kosovo: Politics of Delusion (2001), 11 September 2001: War, Terror and Judgement (2003), and The New American Imperialism (2005).