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Can the East Save the West?
Asia’s emergence as the world’s geopolitical and economic center has lent global prestige to a new paradigm for achieving sustainable growth alongside social solidarity. With many other countries already studying the Asian playbook, the United States and Europe could benefit from doing the same.
SINGAPORE – The past two decades have been either the best of times or the worst of times, depending on where you are sitting. Just when the global East was converging economically with the West, the two regions began to diverge psychologically. While America and Europe turned inward, toward pessimism and despair, Asia embraced globalization with growing confidence and optimism.