They have also been more reluctant than others to cut interest rates or to let their exchange rates fall or less able, in the case of Hong Kong, whose currency is pegged to the dollar.

ECONOMIST: East Asia's economies

At least that's the case into the fall of 2007, as Argentina and Peru join traditional economic powers like the U.S., Canada and Hong Kong among the countries with the most robust job outlooks for the third quarter of the year.

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Hong Kong real estate prices have risen over 80% since the fall of Lehman Brothers in 2008, Knight Frank said.

FORBES: If Hong Kong Isn't A Housing Bubble, Then Nothing Is