If the twentieth century could be characterized as the “Trans-Atlantic Century,” the twenty-first century may well become known as the “Trans-Pacific Century.” According to some projections, the majority of all global economic activity could take place within Asia by 2050. Military might often follows economic power, and Asian countries are already spending more than European states on defense. Both of these developments reflect a broader shift in global power from West to East.

 

Related Experts: Miyeon Oh and Matthew Kroenig