confront them. If we are to understand the nature of major risks and uncertainties in the world, we must look squarely at the … political and economic dynamics of emerging states, such as China, India, Brazil, Russia, and ASEAN countries. Their rapid … economic development has changed the distribution of wealth and power in the world. Yet many of them have middle income status …

incorporated into the world economy as a periphery, could make a transition to the emerging state, capable of undertaking the task …