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The Newsletter 34 Summer 2004

Asia accounts for more than half of the world’s population. China is the only Asian nation with a permanent seat on the Security Council. Japan, a member of the G8 and a major contributor to the UN, the IMF and the World Bank, is completely under-represented in their leadership. Asian nations are virtually excluded from the ranks of those thought to underwrite global order and stability. The setting of ‘global standards’ seems to be the preserve of non-Asian powers.