deutsches-chief-economist-reports-on-asia

Deutsche's chief economist reports on Asia

Norbert Walter discusses Asia's on-going growth, the obstacles to further development, the subprime crisis, the bond market and the environment.
Norbert Walter, chief economist at Deutsche Bank, reports back from his fifteenth annual trip to Asia, sharing his observations on the region.

Among the main issues that booming Asian economies continue to face is recruiting and retaining talent, with wage pressures high across the board. Demographic issues, immigration, education remuneration systems and the quality of human resources are also major concerns, particularly in Shanghai.

Business concerns, therefore, focus on how to get hold of the necessary supply of labour and capital goods to meet demand. Even those countries facing military threats or political instability are displaying strong growth, and countries like the Philippines û which until recently suffered major fiscal problems û have made considerable...
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