The Irresistible Rise of the Rest
Even as China and soon India overtake the US in terms of GDP, the West remains “blinded by pre-eminence,” as Hugh Peyman puts it, and unwilling to acknowledge its waning power. But, with 90% of the world's population, non-Western countries will no longer accept being excluded from global decision-making.
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HONG KONG – Will the United States be number three in the new world order? In his forthcoming book, former journalist Hugh Peyman argues that it will: China’s economy has already surpassed that of the US by some measures, and India’s will do the same by mid-century. He also argues that “the Rest” more broadly will pose a growing challenge to the West, which in turn continues to underestimate the challengers.