Asia needs ASEAN-ization not Pakistanization of its continent
Why is (the Korean peninsula and East) Asia unable to capitalize (on) its success
Fachartikel 631
Fachbereich
Volkswirtschaftslehre
Volkswirtschaftslehre
Fachrichtung
Volkswirtschaftspolitik
Volkswirtschaftspolitik
Arbeitsbericht
2014
2014
Sprache
deutsch
deutsch
Beschreibung
Why is it so?
How to draw the line between the recent and still unsettled EU/EURO crisis and Asia’s success story? Well, it might be easier than it seems: Neither Europe nor Asia has any alternative. The difference is that Europe well knows there is no alternative – and therefore is multilateral. Asia thinks it has an alternative – and therefore is strikingly bilateral, while stubbornly residing enveloped in economic egoisms. No wonder that Europe is/will be able to manage its decline, while Asia is (still) unable to capitalize its successes. Asia – and particularly its economically most (but not yet politico-militarily) advanced region, East Asia – clearly does not accept any more the lead of the post-industrial and post-Christian Europe, but is not ready for the post-West world.