Thursday, 24 January 2008

The end of 'the end of history'

Jan 25, 2008

The end of 'the end of history'
By Nathan Gardels


TAKING OFF: Customers in a Beijing department store. Some analysts believe the emerging economies, China in particular, can become the 'locomotive of the global economy the US once was'. -- PHOTO: REUTERS

IN DAVOS (SWITZERLAND) - AS THE global elite gather here to ponder how 'Collaborative Innovation' - this year's theme - might bring the world closer together, there is a set of deep and broad challenges that suggests the trend is moving in a very different, if not opposite, direction.

First, we are witnessing the end of 'the end of history' as a distinct pattern of 'non-Western modernisation' is beginning to take shape. Second, two decades after the defrosting of the Cold War order, the world is once again dividing into democratic and non-democratic camps. Third, it is increasingly clear that export-oriented emerging markets such as China and Brazil are achieving a sufficient level of domestic consumption that they can 'decouple' from the rich economies, continuing to grow even as the United States teeters towards recession.

The most prominent chronicler of non-Western modernisation is Professor Kishore Mahbubani, the irascible former envoy of Singapore to the United Nations and now dean of the Lee Kuan Yew School of Public Policy.

In his just-published book, The New Asian Hemisphere: The Irresistible Shift Of Global Power To The East, Prof Mahbubani writes: 'Many in the West want to believe that this current bout of anti-Americanism is just a passing phase caused by the harsh and insensitive policies of one administration. When Bush leaves, all will change and the world will go back to loving America. The West will be revered again. All will be well. This is a mirage.'

Where once the Chinese, the Muslims and the Indians 'happily borrowed Western lenses and Western cultural perspectives' to see the world, now 'with growing cultural self-confidence, their perceptions are growing further and further apart'.

As evidence of this shift, Prof Mahbubani not only marshals the well-known economic statistics about growth in India and China, but also cites the increasing quality and number of world-class Asian universities and the credible rise of the 'Chinese dream' as a model for the developing world. He notes as well the eclipse of the once-ubiquitous American I Love Lucy or Dallas-type TV entertainment by Qing dynasty dramas, wildly popular modern-day Korean soaps or Bollywood epics, which are attractive in the Muslim world because of 'the spirit of inclusiveness and tolerance' that pervades the Indian mindset.

While the West sees the world in black-and- white 'evil empire and axis of evil' terms, he writes, 'the Indian mind is able to see the world in many different colours', making Easterners more properly 'the custodians of human civilisation' than Westerners.

The road to this new East may well have been through the West, but now that the East has arrived at its destination, the future will be built on its own terms. In one of his most insightful passages, Prof Mahbubani writes: 'The great paradox about failed Western attempts to export democracy to other societies is that, in the broadest sense of the term, the West has actually succeeded in democratising the world.'

For this Singaporean diplomat, even China, which the West considers undemocratic, has empowered its citizens and made them 'masters of their own destiny' thanks to new economic liberties. Yet, instead of celebrating this 'democratisation of the human spirit', the West berates them 'for imperfect voting practices' because it fears the inevitable: Real democracy on a global scale would topple the West from its reigning perch.

Obviously, much turns here on the differences between liberal and illiberal democracy, but Prof Mahbubani is certainly right on the broader historical shift taking place.

Closely related to the new cultural self-assertion of the East is what former US secretary of state Madeleine Albright sees as 'the hardening of the cement between democratic and non-democratic worlds'.

'The phony democracies or autocracies of Putin and Chavez,' she lamented in a recent conversation, 'may point the way to the future rather than the likes of a Walesa, Havel or Mandela, who were harbingers of democracy in their time'.

For now, oil is the ingredient that is hardening the cement, but one wonders, as the futurist and writer Alvin Toffler did a few weeks ago on a visit to Moscow, how Russia can advance through centralising the state and restoring the nomenklatura in an information age where distributed power and decentralisation are the keys to success.

In any case, Mrs Albright's answer to stemming this new global rift is to reinvigorate US-European alliances in promoting democracy 'because we have the most in common'. For Russia and China, the whole point of the Shanghai Cooperation Organisation, which now ties them together, is to stand firm against such initiatives by the fading hegemon and its formerly colonialist allies trying to hold on as power moves east.

Finally, anyone crying over his sorry portfolio returns from US versus international markets cannot but note the growing differential between slowdown and takeoff. The World Bank forecasts that growth in the high-income countries this year will be 2.2 per cent. Developing countries will grow by 7.1 per cent, South Asia by 7.9 per cent, East Asia by 9.7 per cent and China by 10.8 per cent.

Based on this data, several Hong Kong investment analysts argue that China has passed a critical threshold where it can 'decouple' its economic fate from the West's financial tribulations, sustaining its pace of growth and investment despite a looming recession in the United States.

Some go further, believing the emerging economies, China in particular, can become the 'locomotive of the global economy the US once was'. This new reality describes yet another tectonic plate shift as the 21st century unfolds.

None of this means globalisation is coming apart at the seams, though the seams are becoming ever more apparent culturally and politically as well as economically. Certainly, common action on global warming, which affects everyone, would not be precluded. But the world order we see emerging is a lot different than the one Davos Man, as Harvard's Sam Huntington famously labelled the globalising elite who attend the World Economic Forum each year, has been used to envisioning.

Nathan Gardels is the editor-in-chief of NPQ and Global Services of Tribune Media Services. His forthcoming book with Mike Medavoy is entitled The Global Battle For Hearts And Minds: Hollywood, Public Diplomacy And America's Image.

COPYRIGHT: GLOBAL VIEWPOINT

Wednesday, 23 January 2008

Underpinning the Fundamentals of Tomorrow's Singapore




Raising, Rising, Reaming, Ramming, Ripping, Rubbing, Revealing, Pushing, Pressing, Protruding, Pinning, Parting, Penetrating, Pumping, Pounding, Pulling, Poking, Lubricating, Loading, Locking, Lengthening, Loosening, Jacking, Jerking, Joining, Grabbing, Grasping, Gripping, Opening, Holding, Hardening, Filling, Fingering, Flooding, Forcing, Vibrating, Tying, Trapping, Thickening, Thrusting, Thrumming, Touching, Teasing, Drilling, Driving, Denuding, Deflowering, Displaying, Deepening, Stiffening, Stripping, Sliding, Slipping, Socketing, Sheathing, Slotting, Stretching, Screwing, Shaking, Showering, Shooting, Spraying, Spreading, Splurting, Splaying, Shafting, Sucking, Impregnating, Coupling, Coating, Covering, Bonding, Banging, Binding, Blowing, Wrapping, Widening, Uncovering, Mastering, Manipulating, Massaging, Exploring, Easing, Exposing, Entering, Extending, Enlarging, Encasing, Engorging, Enveloping nice lovely Erections.

Tuesday, 25 December 2007

Singapore Property Updates (reposts / regular updates)

Looks like Singapore's hit another Number Wan.  It's the hottest property market in the world (after adjustment for inflation), edging out Shanghai and Bulgaria for top spot.

Will be posting regular Singapore Property News here.  (as well as some half-baked economic theories and predictions by the infamous AB)

Making this my full time job for the near forseeable future.  (Working like a dog your entire life won't get you anywhere near the financial gains of a well planned and well timed property sale.)

So let's properly chat property.

(All news articles are reproduced from, and remain the property of, The Business Times, The Straits Times, and ChannelNewsAsia.)

Christmas 2007




Tuesday, 18 December 2007

梁家 Dream Home




Was sorting out my storeroom lastnight when I found these.

Various sketches made in 2001/2 of my future proposed seaside-cliff-edge villa....

Sketches inspired by and drawn with Baobei/Niangzi in mind....

Basement
- Games Room/Family Theatre
- Balancing Tank
- Pump Room

1st Storey
- Living Room
- Dining Room
- Indoor Garden
- Music (Piano) Enclave/Atrium
- Guest Room
- Kitchen
- Family Hall
- Study/Library
- Swimming Pool
- Pool Terrace
- Seaview Balcony

2nd Storey
- Master Bedroom
- Study Room
- Bedroom 2
- Bedroom 3

Roof
- Roof deck
- Observatory

Friday, 7 December 2007

Lunar New Year of Wu Zhi 4705

Start:     Feb 7, '08
End:     Feb 21, '08
Happy Lunar New Year! It's the 4705 calender year of our celebrations!
Gongxi, gongxi fa cai!

This is it guys. Our biggest event of the year. Kam one kam all! Deck yourself in red and celebrate! Children will filially wait out the hour, ensuring their parent's longevity. Houses will be cleaned, the halls decked in merriment and well wishes for everyone. From near from far, no effort is spared. Families will gather for reunions with loved ones, to renew, restore, revitalise kinship ties, reunion dinners filled with traditional foods with their specific meanings and greetings to usher in another great year!

Light the firecrackers to usher in the new year. Let the kongming lanterns soar. Spread the joy of New Year with hongbao to young and old. A time of bonding around the card/mahjong tables and a time of good wishes to everyone for the year of the Rat.

Wednesday, 21 November 2007

Merry Xmas

Start:     Dec 25, '07
It's that time of year again.

It's that time of year when a scary fat man from his sweatshop in the frigid north, dressed from head to toe in blood red comes out at the stroke of midnight yelling Ho Ho Ho, rubbing his hands in glee, streaking across the freezing winter sky on a sleigh drawn by horned creatures, holding a list of little children's names, sneaking into people's homes to eat their cookies and drink their milk... while everyone huddles at home with their families, where not even a mouse dares stir... and little children hide under bed covers anticipating the sounds of his entry through the blackened fireplace and longing for the darkness to end and the sun to rise, while others congregate on holy ground within churches to pray to their saviour, seeking deliverance, singing loudly in fortitude, holding hands and lighting candles against the darkness....