European Crisis and Asian Development — Valdai Club

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Over the past decades, one of Europe’s most striking obsessions has been to reclaim the essential features of being a ‘central zone’ to international politics and the global economy. Every year, as the European powers became entangled in their problems, the likelihood of such a development of history has looked less tangible – Asia has become the centre, not only of production progress, but also of consumption, the main centre of innovation and a source of news which is significant for the whole world. Led by China’s fantastic economic growth, which has boosted its global influence, since the beginning of the last decade, Asia has not only been at the forefront of our imagination, but also left no doubt that we will allow historians of the future to define call this the “Asian  century”.

Moreover, over the past 15-20 years, Asia and Europe have acquired stable connotations in the popular scientific discussion,…

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