The rise and fall of Brazil, Russia, India, and China, the so-called BRIC nations, is the great geo-economic story of the twenty-first century. In the early 2000s, these countries were tipped to redraw the economic map of the world. With a combined population of nearly 3 billion, they constituted roughly 40 percent of the world’s people. Throughout the first decade of the new millennium, they were among the fastest-growing countries in the world, sailing through the 2008-2009 global financial crisis in a way that made them the envy of the world. When the long-standing G-7 group of developed countries proved unable to meet the challenges posed by the crisis, the wider G-20—including all four BRICs economies—rose to the occasion. At a time when developed countries were talking austerity, the BRICs countries opened the taps on government spending. The crisis did not turn into the second Great Depression (though it looked as though it might in early 2009). For this, surely some of the credit goes to the swift action taken by the BRICs to stimulate domestic demand.
Category Archive: Non-fiction
Why do people still sit spellbound through works of musical theatre that are dozens of decades old, written in and about times that have long passed from living memory? There is of course the music and the wonder of the unamplified voice, but opera is also, critically, about the story. There is love, passion, betrayal, pathos, death, hope. There is tension combined with, frequently, impossible choices. Our heroines are asked to choose between their families and their hearts, between a duty to country and a duty to themselves. Opera often poses universal questions—universal because there are no answers—and in that universalità there is unity.
The rise of China in the wake of the slow relative decline of the United States has been the overarching narrative of global studies since the beginning of this century. Is this narrative correct? China’s growth is slowing as it reaches middle income status and the United States is still overwhelmingly more wealthy and powerful than China. If China will someday “overtake” the United States, it will not happen for decades or centuries, depending what is meant by overtaking. But even this more guarded account of US decline is colored by an outdated, state-centric view of human society. The twenty-first century world-system is centered on the United States but not contained within it; individuals all over the world participate in hierarchies of distinction that are fundamentally American in ideology and orientation. Whether or not they agree with US policy, support the US president, or are even able to enter the United States, success-oriented individuals choose to live in an American world—or accept global social exclusion. This is just as true in China as anywhere else, and perhaps even more true for Chinese individuals than for anyone else.
A couple of thousand years ago, or even longer depending on which book you read, the Mosuos, originally known as the Na people, walked from the high mountains in the north-west to where they are today, in search of a kinder climate. They must have trekked for years and years, passing over countless harsh mountain ranges before coming across a great plateau situated in a lower altitude, much more hospitable than their previous homeland.
Andrés de Urdaneta is a name that few other than specialist historians will immediately recognise. He was one of the last of the fifteenth- and sixteenth-century explorers and navigators from the Iberian peninsula whose voyages resulted in redrawing the globe in more or less the form we know it today. Christopher Columbus has a country and several cities named after him; Ferdinand Magellan has the famous straits. But Urdaneta has no such monuments.
Perhaps this is because Urdaneta didn’t discover how to get anywhere, but rather less glamorously but no less importantly discovered how to get back. Until 1565, no fleet had succeeded in sailing east from Asia back across the Pacific to the Americas. It was Urdaneta, a survivor of earlier expeditions, who first worked out the right winds and currents across the uncharted waters of this vast ocean. His discovery was called the tornaviaje, or ‘return trip’.