December 25, 2012

The Asian Century Crumbles

Devin Stewart, Huffington Post

AP Photo

Nor does Asia have an existing model state. In interviews I have conducted in Asia over the past decade, China, Japan, and Singapore are often cited as possible models for emulation, but each presents its own problems. China has enjoyed rapid growth over the past decades but it is uncertain whether its state capitalist system can survive rampant corruption, popular protests, and environmental degradation. Japan is a leading Asian democracy but its recent elections have re-instated something closer to a one-party state than a pluralistic democracy. Singapore offers one of the best business environments in the world but to present a tiny city-state as a model for an Asian country like China is analogous to saying New York City could be a model for Brazil.

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TAGGED: Burma, Singapore, Japan, Park Geun-hye, South Korea, China, United States, Asia


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