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Implications for the West: A New Center of Gravity

In: The New Silk Road

Author

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  • Ben Simpfendorfer

Abstract

The events related in this book are the early tremors of a historic global rebalancing. However, it is not governments and multinational corporations but rather thousands of individual Arab and Chinese traders that represent the first tremors of change. It is a change occurring at the grassroots level. The distinction is important. Who notices the activities of an Arab trader in Yiwu or a Chinese trader in Damascus? It isn’t obvious how their activities have a meaningful impact on life in America and Europe. But these traders are symbolic of more powerful tides that are reshaping the global economy. The challenge is trying to identify the forces at work as the center of gravity starts to shift away from the West toward the East.

Suggested Citation

  • Ben Simpfendorfer, 2009. "Implications for the West: A New Center of Gravity," Palgrave Macmillan Books, in: The New Silk Road, chapter 0, pages 154-173, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-23365-2_9
    DOI: 10.1057/9780230233652_9
    as

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