Asia’s Resource Scramble
Asia is the world’s most resource-poor continent, and its overexploitation of the resources that it does possess has created an environmental crisis that is contributing to regional climate change. This could have significant implications for Asia’s ostensibly unstoppable rise – and thus for the West’s supposedly inevitable decline.
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NEW DELHI – Competition for strategic natural resources – including water, mineral ores, and fossil fuels – has always played a significant role in shaping the terms of the international economic and political order. But now that competition has intensified, as it encompasses virtually all of Asia, where growing populations and rapid economic development over the last three decades have generated an insatiable appetite for severely limited supplies of key commodities.