Asia Reborn unveils the story of Asia’s resurgence over the past century. In the first single chronicle of the modern economic and political history of the whole continent, Prasenjit K. Basu weaves together a compelling account of how Asia’s nations overcame European domination in the twentieth century—and its legacies of war and famine—to begin the long climb to economic dynamism.
Asia Reborn shows British, Dutch and French colonies to have had scant infrastructure or modern industry and to have consequently been far behind Taiwan, Manchuria and Korea in social indicators such as literacy and life expectancy by mid-century. In West Asia and Burma, the brief European imprint created the ethnic conflicts that still plague these regions. The British Indian Army held the edifice of empire together. Ultimately, it was the undermining of its legitimacy by the armies of Subhas Bose, Sukarno, Ho Chi Minh and Aung San that helped end the ravaging of Asia during the first half of the twentieth century. By the end of the century, the eastern part of the liberated continent, had emulated Japan and Singapore in transforming itself into an industrious, dynamic and increasingly creative force finally capable of taking its people to new heights in an Asian twenty-first century.
About the Author
Prasenjit K. Basu has spent the past twenty-five years analysing Asia’s economies for the clients of Wharton Econometrics, UBS, Credit Suisse First Boston, Khazanah Nasional, Daiwa Securities, Macquarie and Maybank. He has been a regular commentator on several news channels and has written op-eds for the Financial Times, International Herald Tribune, Business Times (Singapore), among others; and co-authored India as a New Global Leader. He is now an adjunct professor of Economics and Global Affairs at the SP Jain School of Global Management (in Singapore and Dubai).