A World Led By India And China -- A Commentary

From Forbes:

What would an ''Eastphalian'' geopolitical order look like?

Numerous experts have argued that the deepening global financial crisis has significantly damaged U.S. power, influence and credibility in the world and perhaps even signals the end of two centuries of U.S. and European dominance of international affairs.

As many have observed, the global order that is emerging has a distinct Asian tilt because of the rise of China and India as geopolitical forces. The two countries' growing power may stimulate an "Eastphalian" order that challenges the Western-led approaches that dominated the Age of Imperialism, the Cold War and the post-Cold War period.

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