Why is the West becoming the most close-minded corner of the world, Mahbubani wonders?

Question: What does Asia not understand about the West? 

Kishore Mahbubani: : Well I think, the one of the paradox is about the times we live in by the way is that the best educated societies and the best informed societies in terms of the flows of information are the West, but the West lives in a cocoon. There is an incestuous dialogue that takes place among Western intellectuals. They talk to each other, reinforce each other's notions and they think that their view of the world is real view of the world, but it represents the perception of 12% of the world's population. The 88% who live outside the West have a much better understanding of the realities of the world than the West does, and this is one of the great paradoxes of our time. The people outside the West understand clearly what the strengths and weaknesses of Western societies are. The good that Western societies are doing and the harm that Western societies are doing: all that is also very well known in the rest of the world. So, I think this is the paradox that we face, that the West which is suppose to be representing the most open society, is the most open civilization, is progressively becoming closed-minded and its approach to rest of the world.