I was recently at Waterloo, a small university town about an hour’s drive from Toronto, Canada where my friend John English has recently established the Center for International Governance Innovation (CIGI) with support from Jim Balsillie, founder of the Blackberry communication system. The occasion was a CIGI conference on emerging powers.

While the academicians at the conference, signalled the arrival of India, Brazil, South Africa and Mexico as the new powers, based on their share in global GDP and military expenditures, they missed what was happening around them. (The academicians also mentioned China but I believe that China is not an...

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