Asia's Next Revolution  

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[s.n]

Jenis: Article from Bulletin/Magazine
Dalam koleksi: The Economist (http://search.proquest.com/) vol. 404 no. 8801 (Sep. 2012), page 11-12.
Topik: Regions; Government; Economic Growth; Welfare; Policy Making

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Perpustakaan Pusat (Semanggi) Nomor Panggil: EE29.73 Non-tandon: 1 (dapat dipinjam: 0) Tandon: tidak ada

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Thanks to years of spectacular growth, more people have been pulled from abject poverty in modern Asia than at any other time in history. But as they become more affluent, the region's citizens want more from their governments. Across the continent pressure is growing for public pensions, national health insurance, unemployment benefits and other hallmarks of social protection. As a result, the world's most vibrant economies are shifting gear, away from simply building wealth towards building a welfare state. The speed and scale of this shift are mind-boggling. The creation of Europe's welfare states took more than half a century. At a time when governments in the rich world are failing to redesign states to cope with ageing populations and gaping budget deficits, this could be another area where Asia leapfrogs the West. History offers many lessons for the Asians on what to avoid. Asia's governments are acutely conscious of all this. They have little desire to replace traditions of hard work and thrift with a flabby welfare dependency. Asia also faces a number of peculiarly tricky problems. One is demography. Different countries will, and should, experiment with different welfare models.

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