Monday, March 26, 2007

The Drama of Asian Globalization: from Malacca to Memphis

This seminar argues that "calls to shut down globalization are pointless, because nobody is in charge," while at the same suggesting ways in which "we can attempt to nudge our rapidly integrating world toward a more harmonious course."
In the eyes of many observers of globalization today, its origins are recent and Western. In fact, Indians, Chinese, and Southeast Asians pioneered globalization long before the colonial era. In the 1st century CE, discovery of the monsoon wind brought increasing number of Indian, Roman, and Arab traders to Southeast Asia in search of spices and precious metals. In the 16th century, the port of Malacca emerged as a crucial nexus - the vital transshipment point of commerce between the Indian and Pacific Oceans. The discovery of the New World and the ensuing boom in silver bound Southeast Asia even more tightly with India and Europe in triangular trade. Malacca's early importance as an entrepot is akin to the role that Memphis, Tennessee, plays today as the global air-cargo hub for Federal Express. Against this rich background, Nayan Chanda will contend that "calls to shut down globalization are pointless, because nobody is in charge," while at the same suggesting ways in which "we can attempt to nudge our rapidly integrating world toward a more harmonious course."

Nayan Chanda is director of publications at the Yale Center for the Study of Globalization and editor of YaleGlobal Online. In April 2007 Yale University Press will publish his new book on globalization, Bound Together. In 2005 Stanford and Harvard Universities awarded him their joint Shorenstein Prize for Excellence in Journalism on Asia. In 1990-92 he edited the Asian Wall Street Journal Weekly. His many writings include a widely admired book on Indochina, Brother Enemy: The War After the War (1986). Earlier in his career he worked for the Hong Kong-based Far Eastern Economic Review as its reporter, diplomatic correspondent, and editor.

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