Can the world order catch up with the world?

New: Gift this subscriber-only story to your friends and family

The world turned a corner last year. The problem is that the world order didn't turn with it. This disconnect could have disastrous consequences.

The biggest global change has been the start of the "Asian Century". Today, Asia is home to three of the world's top four economic powers (in purchasing power parity terms): China, India and Japan. The region's combined gross domestic product exceeds that of the United States and of the European Union.

Already a subscriber? 

Read the full story and more at $9.90/month

Get exclusive reports and insights with more than 500 subscriber-only articles every month

Unlock these benefits

  • All subscriber-only content on ST app and straitstimes.com

  • Easy access any time via ST app on 1 mobile device

  • E-paper with 2-week archive so you won't miss out on content that matters to you

Join ST's Telegram channel and get the latest breaking news delivered to you.

A version of this article appeared in the print edition of The Straits Times on February 25, 2020, with the headline Can the world order catch up with the world?. Subscribe