Saturday, October 07, 2006

“We've had a couple of hundred bad years, but now we're back."

Clyde Prestowitz of the Economic Strategy Institute has a fascinating post of his blog concerning the “Return of Asia”.

”If we look back at history, it seems that there are often long periods when nothing seems to change. And then at particular moments an unexpected shift occurs. A previously unknown gate swings open, and everything changes very quickly….The big question of our time is whether the leaders of the major countries and mankind in general will have the wisdom, foresight, and patience to adapt to these unprecedented changes.”

Prestowitz is the author of Three Billion New Capitalists: The Great Shift of Wealth and Power to the East.

1 comment:

macromind said...

I recently discovered that Prestowitz gave a talk at MIT in June 2006 called “The World Turned Upside Down: The Impact of the Return of India and China to their Historical Global Weight” which you can listen to a webcast at: