The End of the Asian Century War, Stagnation, and the Risks to the World's Most Dynamic Region Michael R. Auslin

Format:
Hardback
Publication date:
03 Jan 2017
ISBN:
9780300212228
Imprint:
Yale University Press
Dimensions:
304 pages: 235 x 156 x 27mm
Illustrations:
15 b/w illus.

An urgently needed “risk map” of the many dangers that could derail Asia’s growth and stability

Since Marco Polo, the West has waited for the “Asian Century.” Today, the world believes that Century has arrived. Yet from China’s slumping economy to war clouds over the South China Sea and from environmental devastation to demographic crisis, Asia’s future is increasingly uncertain. Historian and geopolitical expert Michael Auslin argues that far from being a cohesive powerhouse, Asia is a fractured region threatened by stagnation and instability. Here, he provides a comprehensive account of the economic, military, political, and demographic risks that bedevil half of our world, arguing that Asia, working with the United States, has a unique opportunity to avert catastrophe – but only if it acts boldly. Bringing together firsthand observations and decades of research, Auslin’s provocative reassessment of Asia’s future will be a must-read for industry and investors, as well as politicians and scholars, for years to come.

Award-winning author Michael Auslin is a resident scholar at the American Enterprise Institute for Public Policy Research in Washington, DC. A former history professor at Yale, he is a regular contributor to the Wall Street Journal and a global media commentator.

"Auslin argues powerfully for a dose of reality when assessing the current situation in Asia and its future problems and prospects."—George P. Shultz, former U.S. Secretary of State and Secretary of the Treasury, and Distinguished Fellow, Hoover Institution, Stanford University

"What happens in Asia will determine much of what historians in the 22nd century say about our century.  Michael Auslin’s bracing book argues that it may be a sad story.  It is a powerful antidote to the Asiaphoria that dominates conventional wisdom.  Agree or disagree, Auslin’s argument deserves serious reflection."—Lawrence H. Summers, former U.S. Secretary of the Treasury and President Emeritus, Harvard University

“Michael Auslin provides and impressive review of Asian fault lines that could soon break into open conflict despite the region’s interwoven economies. The End of the Asian Century is a unique analysis, and likely prescient, of the world’s most vibrant region.”—Frederick W. Smith, Chairman and CEO, FedEx Corporation

“Michael Auslin’s book, The End of the Asian Century: War, Stagnation, and the Risks to the World’s Most Dynamic Region, gives the reader a pragmatic look at the risks inherent in the Asia region. It is an excellent guide for anyone interested in the prospects for Asia, whether you are an investor, policymaker, or executive. It is full of practical examples of what is working well, and what one has to be aware of.”—Henry R. Kravis, Co-Chairman and Co-CEO, KKR

“I and many of my colleagues worry more about Chinese weakness than we do Chinese strength; we fret more over Asian failure than we do Asian competitive success. Michael Auslin's thoughtful new book explains why.  It's a must-read for anyone who wants to go beyond today's oversimplified sloganeering.”—General (Ret.) Michael V. Hayden, former Director of the Central Intelligence Agency and National Security Agency

"The End of the Asian Century is the most complete and realistic book on the subject I have read in a long time. It demonstrates in bold and specific terms how we must not take Asian stability for granted and how Asia may have unpleasant surprises for us in the years ahead."—Robert D. Kaplan, author of Monsoon and Asia's Cauldron, senior fellow at the Center for a New American Security

"The End of the Asian Century provides a sober corrective to the conventional wisdom of Asia's inevitable rise, pointing to the real dangers of nationalism, conflict, and slowing economic growth that will present huge challenges for everyone in the region."—Francis Fukuyama, Olivier Nomellini Senior Fellow at the Freeman Spogli Institute for International Studies, Stanford University, and author of The End of History and the Last Man

“Too much contemporary analysis is based on the mistaken belief that human progress is effortlessly certain. But as we discovered in Russia, nothing should be taken for granted. There is no destiny, only courage and hard work and vigilance. It is fine to be an optimist, but ignoring potential crises only makes them more likely. The End of the Asian Century reminds us that positive change isn’t easy or inevitable. Half the world lives in Asia and the region’s rise or fall will have a huge impact on the other half. Auslin clearly explains the weakest links in the many globalized connections between Asia and the rest of the world, as well as the possible crisis points across the entire region. This focus on the details provides the context needed to understand the big picture.”—Garry Kasparov, Chairman of the Human Rights Foundation and author of Winter Is Coming: Why Vladimir Putin and the Enemies of the Free World Must Be Stopped

"Michael Auslin combines an historian's perspective with the art of diagnosis to map Asia's possible futures. The surprising result is anticipatory, cautionary, and contrarian. Written with verve and a readable style, Auslin urges us to weigh the wide-ranging implications of these risks for America and the rest of the world."—Robert B. Zoellick, former President of the World Bank, US Trade  Representative, and U.S. Deputy Secretary of State

"At a time when Asia’s importance is matched only by its complexity and unpredictability, Michael Auslin has provided us a thoughtful, deeply researched, and engagingly written primer on how to think about the future of this vital region."—Robert Kagan, senior fellow, Brookings Institutions and author of The World America Made

"The conventional wisdom has long held that Asia is inexorably rising while America declines. In a bold and provocative book that is sure to spark debate, Michael Auslin challenges that old thinking by showing that Asia risks a calamitous descent into conflict and economic turmoil. Written with grace and insight, The End of the Asian Century is must reading for anyone interested not just in Asia but in geopolitics more broadly."—Max Boot, Jeane J. Kirkpatrick Senior Fellow for National Security Studies, Council on Foreign Relations and author of The Savage Wars of Peace: Small Wars and the Rise of American Power

"Moving from geography to economics and politics, Asia expert Michael Auslin draws an innovative risk map in this well researched new book. This thoughtful and skeptical challenge to consensus, with its caution that America must up its game in the region, is a must-read for any policy maker or businessperson thinking seriously about the world today."—Glenn Hubbard, Dean, and Russell L. Carson Professor of Finance and Economics, Columbia Business School

"Few other regions matter more for the world's future than Asia. Will the region be a global economic engine and a geopolitical stabilizer or an exporter of economic woes and dangerous conflicts? An urgent question to which Michael Auslin offers lucid—and often counterintuitive— answers. A must read for leaders in business and government as well as academics and journalists."—Moisés Naím, Distinguished Fellow, Carnegie Endowment for International Peace and author of The End of Power

"Many think of a Rising Asia – economically vibrant and politically stable – as the future of the international system.  Michael Auslin’s brilliant new book highlights the demographic, economic, political and diplomatic factors that make this brave new world far less likely. It is essential reading for all who want to understand the future of global order."—Eric Edelman, former Under Secretary of Defense for Policy

“In this important book, Michael Auslin who has studied and admired the accomplishments of Asia’s people for more than twenty-five years warns us not to assume too much and outlines five risk factors that threaten the future of what he prefers to call the “Indo-Pacific Region.” Though not a prophecy of gloom, it is a cautionary tale, about the risks that need to be managed if the progress of the last thirty years is to be sustained and a return to earlier tragic failures is to be avoided.”—Paul Wolfowitz, former president, The World Bank, and Deputy Secretary of Defense.

The End of the Asian Century is the essential user’s guide to the gathering risks in the dynamic Indo-Pacific crescent. Not since Robert D. Kaplan’s The Coming Anarchy and Samuel Huntington’s Clash of Civilizations has a study so originally and presciently captured the risks to the emerging international order."—James Kraska, Howard S. Levie Professor of International Law, U.S. Naval War College

"Do miracles have an expiration date? In The End of the Asian Century, Michael Auslin offers a much-needed corrective to the perma-bulls who wave away concerns about whether the planet's most important economic region can continue to be a dynamic one. Balanced, penetrating analysis."—James Pethokoukis, MSNBC contributor and economic analyst

"Michael Auslin has written a thought-provoking, contrarian, and insightful book on the world's most dynamic region. It should make all of us think again soberly about Asia's future."—Minxin Pei, Claremont McKenna College, author of China's Trapped Transition

"Michael Auslin has built a reputation as an astute and forward-looking observer. In his new book, Auslin paints a vivid picture of a region waiting to see the full extent of Beijing's ambitions while wondering how the United States will ultimately respond. Those wishing to understand the scale of the challenge posed by China's destabilizing behavior would be well-served by this timely book."—Congressman J. Randy Forbes (R-Va), Chairman of the House Armed Services Subcommittee on Seapower & Projection Forces and Co-Chairman of the Congressional China Caucus

"For years, many Americans have seen a rising Asia as a region of opportunity. But Asia scholar Michael Auslin has come to see it as a region of risks—military, economic, demographic. In The End of the Asian Century, he provides a 'risk map' of a region of great promise and great problems."—Michael Barone, resident fellow at the American Enterprise Institute and Washington Examiner senior political analyst

“Informative, thoughtful, and wide-ranging . . . well-researched, insightful . . . a wake-up call.”—Publishers Weekly

“In this impressive book, Michael Auslin pleads for us not to fall for the latest simplistic narratives about the so-called Asian century…  If America’s pivot to Asia is to mature into a meaningful long-term strategy, instead of a vague aspiration, it will require more books like this.”—John Bew, New Statesman

“[Auslin] argues persuasively that most predictions for Asia are unrealistically rosy.”—Tony Abbott, The Wall Street Journal

“Auslin has done us a great service, and his book deserves to be read.”—Peter Mattis, War On The Rocks