It is now the received wisdom the dynamic centre of the global political economy is migrating from the North Atlantic to the Asia Pacific. Emblematic of this dramatic example of shifting power and influence is the likelihood of China’s economy surpassing that of both the US and the EU within the next decade or two.
And what might be said of Canada’s current approach to the countries and institutions of the Asia Pacific in the midst of this tectonic re-alignment?
This country has been mainly watching from the sidelines, spurned by key players, sometimes clapping, often pouting… and always hectoring.
This is not the stuff upon which durable relationships are constructed.
What went wrong?
A debilitating combination of bad luck, dismal timing, and serial misjudgement.
If could be characterized, it might be seen as a winding and bumpy road, leading mainly downhill.