Summary/Abstract |
Global power shifts are strategically and politically significant. It tends to displace or restructure existing international order. The global strategic, political and financial structures have been dominated by the U.S. and Europe. Asia remained dominated by European colonization for two centuries and was there after dominated by the U.S. strategically for one more century. Asia’s economic resurgence and cumulative financial strengths over the last two decades have substantially contributed to the global shift of power to Asia.
|