Practical analysis for investment professionals
28 April 2014

Asia or the West: Who Will Dominate the 21st Century? (Video)

Posted In: Economics

Kishore Mahbubani explains why he believes that Asia will dominate the 21st century. He argues that the West will have to manage a decline relative to Asia and that the United States is better positioned for the 21st century than Europe is. Mahbubani also contends that China and India are poised for growth in coming years, despite the negative news about their economic prospects.

This episode of the Take 15 Series was originally released on 17 April 2014.


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About the Author(s)
Usman Hayat, CFA

Usman Hayat, CFA, writes about sustainable, responsible, and impact investing and Islamic finance. He is the lead author of "Environmental, Social, and Governance Issues in Investing: A Guide for Investment Professionals;" the literature review, "Islamic Finance: Ethics, Concepts, Practice;" and the research report "Sustainable, Responsible, and Impact Investing and Islamic Finance: Similarities and Differences." He is interested in online learning and has directed three e-courses for CFA Institute: "ESG-100," "Islamic Finance Quiz," and "Residual Income Equity Valuation." The other topics he writes about are macroeconomics and behavioral finance. He has experience working in securities regulation and as an independent consultant. His qualifications include the CFA charter, the FRM designation, an MBA, and an MA in development economics. He has served as a content director at CFA Institute. He is a former executive director at the Securities and Exchange Commission of Pakistan (SECP) and former CEO of the Audit Oversight Board (Pakistan). His personal interests include reading and hiking.

1 thought on “Asia or the West: Who Will Dominate the 21st Century? (Video)”

  1. Reid says:

    Yep, definitely agree with everything here (even a few years later). I do think a lot of focus is being given to China and India though, while not enough is being given to countries such as Malaysia, Indonesia, Vietnam, etc.

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