The shifts in global power that began in the late 20th century have accelerated since the onset of the world economic crisis in 2008 and the subsequent EURO crisis. As the Dean of the S. Rajaratnam School of International Studies, at Singapore’s Nanyang Technological University and friend of MD, Barry Desker reports from Singapore, few lessons are available for the Western decision-makers.
Written by: Elena Pavlova, Victor Chauvet
On April 22, a meeting of the Russian Security Council for the Arctic state policy took place in Moscow. In the next few years, Russia accordingly decided to push for the development of its Arctic areas, referring to the creation of new transport infrastructures, the implementation of large-scale mining programs and the strengthening of its military presence.
Balancing economic growth with demographic decline, calibrating brewing social expectations, tempting anti-politics of nationalism, all with the security dilemmas remains a fundamental issue for Beijing, but also for the most of Eurasia. Former Chairman of Morgan Stanley Asia, distinguished Yale University professor and friend of MD, Stephen S. Roach gives his highly interesting account on the topic.
English-language media completely ignored a noteworthy statement that led Der Spiegel's German-language website October 12, a call for China to "take on responsibility as a world power" in the Middle East.
Not too long ago, the economic invincibility of the developed world seemed immovable. But then BRIC (Brazil, Russia, India, and China) and now with the addition of South Africa becoming BRICS, are on the world stage as serious contenders.
Americans see individual pieces of geopolitical real estate in isolation, like hotels on the Monopoly board, while the Russians look at the interaction of all their spheres of interest around the globe.
Today at the Annual Meeting of the New Champions 2013, Lin Boqiang, Director, China Center of Energy Economics Research, said that 70% of global incremental energy demand over the next 20 years will come from Asia.
In August 2012 Boko Haram reportedly hacked the personnel records databases of Nigeria’s secret service. The individual who successfully compromised the covert-personnel data system indicated the breach was executed in the name of Boko Haram and as a response to Nigeria’s handling of interactions with the group