The New North

Book excerpt: The New North is a book that turns the world literally upside down. Analysing four key 'megatrends' - population growth and migration, natural resource demand, climate change and globalisation - UCLA professor Larry Smith projects a world that by mid-century will have shifted its political and economic axes radically to the north. The beneficiaries of this new order, based on a bonanza of oil, natural gas, minerals and plentiful water will be the Arctic regions of Russia, Alaska and Canada, and Scandinavia. Meanwhile countries closer to the equator will face water shortages, aging populations, crowded megacities and coastal flooding. Smith draws on geography, economics, history, earth and climate science, but what makes his arguments so compelling is that he has spent many months exploring the region, talking to people in once-inaccessible Arctic towns, noting their economies, politics and stories.