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23rd Globalisation Lecture with Kishore Mahbubani (1/3)

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Uploaded by on Nov 13, 2008

Lecture held by Kishore Mahbubani about his book 'The New Asian Hemisphere; the irresistible shift of global power to the East' during the '23rd Globalisation Lecture' on 3 November 2008 in Felix Meritis (Amsterdam).

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  • Currently reviewing the book, I found it a strong argument to the conventional reasoning of the Western perspective. The examples and anecdotal evidence given make you re-examine your basis of assumptions. It is unsettling and bewildering at first. Then, the words become probable and logically strong as your visceral mind calm.

    The distinction of Western 'Interests' vs. Western 'Values' are the utmost reason to read the book.

  • However, having read Rubin and Greenspan's books and thought processes during the Mexico and Asian Financial Crisis in 1997.

    I am not convince that the U.S. choose to be bias in its directing the banks to revoke the loans of Thailand/Indonesia vs. S.Korea and Mexico. The Fed/Treasury was assessing the crisis in light of the current account deficit of each country and its peg exchange rate policies. Credit was limited to stem the contagion/meltdown.

    Notwithstanding what happens in the U.S now.

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