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The New Asian Hemisphere: The Irresistible Shift of Global Power to the East by Kishore Mahbubani (Paperback, 2009)

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Author: Kishore Mahbubani. That era is over. By 2050, three of the world's largest economies will be Asian: China, India, and Japan. The West, he says, must gracefully share power with Asia by giving up its automatic domination of global institutions from the IMF to the World Bank, from the G7 to the UN Security Council.