New School Economic Review » Asia http://newschooljournal.com A student run economics journal and open blog Thu, 17 May 2012 22:32:48 +0000 en hourly 1 http://wordpress.org/?v=3.1.3 It’s the Asian Century, according to Britain http://newschooljournal.com/2010/01/its-the-asian-century-according-to-britain/ http://newschooljournal.com/2010/01/its-the-asian-century-according-to-britain/#comments Fri, 08 Jan 2010 08:26:32 +0000 Benjamin http://newschooljournal.com/?p=1146 The British Secretary of State yesterday pre-launched a strategy for growth in Britain, and today his department will publish the full strategy. Odds are there will be a lot of interesting initiatives, both from an economic and election point of view. In his speech yesterday though he said something very catchy:

“We [Britain] did well in the American century. We can take little for granted in the Asian century.” (p. 15)

It seems the old superpower – the 19th century is often referred to as the ‘British Century’ – is getting ready for yet another change in global conditions towards Asia. Yes, I know it may be old-hat that there is an on-going shift towards Asia, and that the term has been around since the 1980s but even so, it is interesting to see a government taking a stand and developing its policies in such a light.

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