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China and the West, Asia and the Rest

In: China Rising: Will The West Be Able To Cope? The Real Long-Term Challenge of the Rise of China — and Asia in General

Author

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  • Jan Willem Blankert

    (Lee Kuan Yew School of Public Policy, National University of Singapore, Singapore)

Abstract

China and Asia's “climbing the ladder” is today's big story. We have seen that over the last two centuries country after country have climbed the economic development ladder. Perhaps I have not reminded the reader sufficiently that onward improvement are not guaranteed. In the early decades of the 20th century Argentina and other South American countries were on par with Western Europe, but subsequently saw serious setbacks. Emerging countries are initially seen as a threat, but, subsequently, they join the others “up there”. History often repeats itself, and, as always, politicians and lobbies in countries higher up the ladder will try to block emerging economies in their development path…

Suggested Citation

  • Jan Willem Blankert, 2009. "China and the West, Asia and the Rest," World Scientific Book Chapters, in: China Rising: Will The West Be Able To Cope? The Real Long-Term Challenge of the Rise of China — and Asia in General, chapter 4, pages 101-111, World Scientific Publishing Co. Pte. Ltd..
    • Handle: RePEc:wsi:wschap:9789812837967_0004
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    Keywords

    China; Economic Growth; Competition; Jobs; EU Economy; US Economy; Pollution;
    All these keywords.

    JEL classification:

    • I10 - Health, Education, and Welfare - - Health - - - General

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