As a share of exports, for example, Latin America's external debt is more than twice as high as Asia's.
The rest of high-saving Asia will slowly begin to join them as global fund-management houses cobble together their sales networks.
ECONOMIST: A survey of fund management: Investors, unite | The
The Apec summit, a high profile meeting between Asia-Pacific leaders, will take place there next year.
High growth came from Asia Pacific where iPhone unit sales grew 474% year-over-year, Japan grew 183%, and Europe grew 133%.
There, American teachers provide real-time video English lessons to thousands of students in classrooms across Asia via high-speed fiber optic networks.
Sustained by its high growth rates, Asia has time yet before the cost of health and aged care becomes an overwhelming force and threatens a Eurozone-style crisis.
While excess supply is sloshing around the rest of Asia, high import tariffs and heavy transportation costs have so far discouraged outside oil from flooding the Indian market.
The shopping malls popular in provincial America and Europe and in the new high-rise cities of Asia are unappealingly uniform.
Higher energy demand and rising oil prices boosted oil-producing countries, while the continuing surge in high-tech demand benefited Asia and North America.
The son of an American Foreign Service member and a Voice of America journalist, Heinecke grew up in cities across Asia and attended high school in Thailand.
FORBES: American Born Entrepreneur Becomes Billionaire In Thailand
As a result, much of Asia's plentiful high-tech money is sitting idle for lack of talent.
But it will also act as a complement to the rich service-sector economies of the OECD and the high-tech economies of East Asia.
The British Prime Minister Tony Blair has announced EU plans to send high-level business missions to Asia to demonstrate faith in the economic future of the region.
At the close of the ASEM meeting of European and Asian leaders, British PM Tony Blair promised high-level business missions to Asia to encourage investment in the region.
They tend to be more resilient in times of stress, while retail investors typically flee when markets turn sour, said Luke Garner, co-head of high-yield capital markets in Asia, excluding Japan, at J.
But such forward thinking has transformed South Korea from one of the poorest countries in Asia to an advanced high-tech economy that's home to major tech firms like Samsung and LG, as well as the most wired population on the planet.
The event brought together more than 20 executives from a range of different companies that shared a common pain point: high attrition among key local talent is a major impediment to achieving the aggressive growth expectations that have been set for companies not just in Asia, but in high-growth emerging markets globally.
But strong growth in Asia should keep metals prices high for years, while a shortage of engineers and equipment is hampering investment in new mines.
That does mean the high growth rates of mobile devices in Asia-Pacific, Latin America, Eastern Europe and the Middle East and Africa should not translate to the same monetary benefit for advertising revenue.
According to Reuters, the two-year U.S. interest rate swap spread--a gauge of financial system stress--was quoted at a record high 166.5 basis points in Asia, suggesting that concern about defaults among banking counterparties were worsening.
While Bangladesh currently supports relatively large populations of Ganges river dolphins and Irrawaddy dolphins, conservationists argue that it's crucial to address the threats they face now, while the potential for long-term survival of both species is still relatively high in comparison to other areas in Asia.
BBC: NEWS | South Asia | Bangladesh's majestic dolphins at risk
Asia is now home to more high-net-worth, or HNW, individuals than any other continent.
FORBES: Wealth Management for China's Richest: An Industry With a Great Future
All the talk in Asia is about whether electronics and high-tech exports will recover in 2002.
Japan may ultimately get its act together to become a high-value brand producer and player in Asia's new consumerism.
The company is assigning greater priority to investment of management resources in high-growth business sectors in general and Asia in particular.
Boao Forum for Asia (BFA) is a high-level forum modeled after the World Economic Forum and hosts meetings for heads of state and businesspeople.
But if Asia is to spawn its own high-tech culture, it must learn to foster and to keep such people in far greater numbers.
To be sure, Microsoft is spending money to develop high-speed Net services and content in Asia (it is teamed with Hong Kong's major phone company on a broadband portal).
应用推荐