NEW DELHI, May 18 -- The Asian resurgence is one of the most significant developments of our time. The rise of Asia began with the extraordinary economic progress of Japan in the 1950s and 60s; was followed by the remarkable advance of the Asian Tigers Hongkong, Taiwan, South Korea and Singapore and other countries of South East Asia; and now, the impressive growth of China and India.

The Twenty First century will reportedly be the Asian century just as the Twentieth was the American century and the Nineteenth the European century. By 2050, China is expected to be the largest economy in the world. By that time Asia might hold seven of the ten leading national economies.

Samuel Huntington in his seminal work "The Clash of Civilizations an...