First to what is right about the book. The author argues that the world is undergoing a seismic shift in power, wealth and influence away from the 'West' (more on this term later) to the 'East', or the Asian hemisphere, and that this rebalancing is going to be the most dominant story of our time. This central premise is no doubt correct and the author provides many interesting examples, statistics and anecdotes to support his argument. Perhaps one of the most striking statistics is that the standard of living of Asia could improve by 10,000 % in one human lifetime! Truly amazing!
Unfortunately this book is undermined by the authors constant generalisations and, for want of a better word, bigoted arguments. It is ironic that the author lets himself down by using language which suggests he sees the 'West' from almost the exact same negative viewpoint that the 'West' supposedly sees Asia (and of which he is so critical of). A classic example of this divisive language, and unfortunately Mahbubani's book is littered with such dross, is "Another deficit of the Western mind"...What exactly is this 'Western mind' that the author speaks so knowingly about?
Perhaps the best review of the book I have read is the one the author mentions in his preface, from the Economist, which labels the book 'an anti Western polemic'.