June 14, 2007
Globalization Is NOT About The West--Why Is No One Prostesting Asian Globalization?
Here's my most recent piece at the Acton Institute. If you know people who are actually believe the American culture and the Western culture is taking over the world, after you chuckle, the most gracious thing you should call them is "uniformed about international economic realties."
China’s Stealthy Globalization
by Anthony B. Bradley, Research Fellow, Acton Institute
One of the pervasive myths of globalization critics, and G8 protestors, is the idea that the West alone is globalizing the world. This year’s G8 summit outreach proved that China is not only the world’s greatest producer of greenhouse gases but is globalizing the world without much notice. China’s economic aggression in the Caribbean and Africa are two such examples of Asian globalization that may trump the West in years to come.
Leaders of the Group of Eight (G8) industrialized nations had two outreach sessions at this month’s summit with five developing countries -- Brazil, China, India, Mexico and South Africa -- demonstrating that globalization is exactly that -- global. This year’s outreach marks the fourth time that Chinese President Hu Jintao attended the meeting as China's economy has grown at an impressive pace of more than 10 percent for five straight quarters with a GDP topping US$2.2 trillion in 2005, according to the World Bank.
You can read the rest here.
Posted by anthony at June 14, 2007 09:29 AM | TrackBackI like to think about Korea's influence on globalization through their shipbuilding industry. Every day is becomes cheaper and cheaper to trade with the world and to realize others' comparative advantages. Would that the protectionists had to grow their own food and make their own shoes for a year before recommending any new tariffs or fences.
Posted by: jurisnaturalist at June 14, 2007 10:34 AMMan, very interesting... I would highly recommend Thomas P.M. Barnett's book, "The Pentagon's New Map." He is a retired professor of economics and defense at Annapolis, and now does International investment consulting on Wall Street. The Chinese economy, largely due to their aggressive globalization, may soon become the new standard (if it hasn't already).
Also, very credible sources have released several papers written by top Chinese generals that espouse the new strategy for defeating the "American enemy," which is a gradual but steady buying out of vital American companies. Companies like Tyco, Frigidaire, auto parts manufacturers, and other very common companies have already been bought up. It's very Sun Tzu.
Posted by: Brad at June 14, 2007 11:16 AMI have a couple friends that work at coptixs...funny that you konw them...
Posted by: Jake C at June 14, 2007 10:20 PMIn today's IHT they have a story that supports your understanding of china in Africa.
http://www.iht.com/articles/2007/06/14/africa/letter.php