Latest Asia Economic Exclusives - Exclusive Asia Economic Facts & Events
Economic Solutions to Thai Human Trafficking
The images of human trafficking that most often come out of areas such as Thailand are those that are the most shocking. Media stories usually focus on very young girls kidnapped from their rural villages and enslaved in the sex industry in Bangkok. These instances certainly occur, and are absolutely reprehensible; however, they are far from the majority.
1 The story ...Read Full Article
The Impact of Higher Education on China
Because the people in China strongly believe that education ensures not only the future and development of the individual but also the economy and the country as a whole, a good education has always been highly valued in China. Passed down from ancient times, the great master Confucius once boldly stated, “It is a pleasure to learn something and to try it out at ...
The Asian Mortgage Conundrum: What Will the Catalyst(s) Be for a True Housing Finance Boom?
Unlike their Western counterparts, the major Asian economies have thus far resisted the complete metamorphosis of their mortgage markets into the classic Anglo-American model. The American system, as highlighted in a recent media blitz, is replete with intermediaries (“brokers” as we know them), non-bank entities (mortgage banks like Countrywide, Indymac, and GMAC), and a vast – albeit rapidly ...Read Full Article