Monday 6th January - 17:20 GMT
The Rise of the Rest
Is Western economic dominance finished?
Malcolm Rifkind, Isabel Hilton, Elizabeth Knup, Steve Tsang, Penny Mordaunt, Inna Sovsun
'"The West has lost its dominant global position," stated the World Economic Forum. As if to prove the point, last October the BRICS nations, seen by many as the alternative grouping to the G7, held a summit hosted by Putin. 36 governments and 22 heads of state attended, representing half the world’s output and more than half of the world's population. The summit underlined BRICS's ambition to shape an alternative multipolar world order. Meanwhile, new nations are applying to join BRICS, energy-rich countries like Saudi Arabia and Iran, and even the NATO member Turkey. It would appear that Western dominance is not only in decline, it is over. Faced with these radically changed circumstances it is unknown what the West's response should be.
Should the West strengthen internal ties to combat the rise of an alternative centre of power? Or is it too late to do so and Western nations need independence to form their own relations with the new powers? Or is the influence of the new powers exaggerated and the West can continue to dominate for some time to come?
Join us for an evening of events featuring former UK Foreign Secretary Sir Malcolm Rifkind, Yale Jackson School Senior Fellow Elizabeth Knup, and so many more.
You can join our world-leading events with either a pay-by-view ticket or by purchasing an Premium Live subscription. Click here to join.
Big ideas in your inbox.
Updates from the world's greatest minds - plus offers and discounts.