Jan 03 2005
Not in America’s Image
Within 10 years, no one on the planet will confuse globalization with Americanization. That’s because several new superpowers are rising across the landscape, offering distinctively different faces to the often-demonized globalization process. Here’s a quick preview.
The European Union will emerge as a financial superpower based on the rising importance of the euro as a global reserve currency that competes with our dollar. China is well on its way to emerging as the manufacturing superpower of the global economy, with design superpower Japan acting as its natural mentor. Then there’s India, the information technology superpower, Brazil, the agricultural superpower, and Russia, the natural gas superpower for the impending hydrogen age.
All of these rising powers will inevitably remake the face of globalization, giving it a host of features not easily recognized as American…
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