Houses of cards
Article Abstract:
The construction industry in Indonesia, South Korea, Malaysia and Thailand has been affected by financial crises in those countries. Public-sector infrastructure projects are likely to be reassessed as a result of the crisis. Private sector construction projects have been halted by the crisis, but basic infrastructure is less affected than residential projects. Hong Kong and Vietnam have been affected, though not as severely as the main countries hit by the crisis. The World Bank and other international institutions could help to provide security for infrastructure projects that are privately funded.
Publication Name: Far Eastern Economic Review
Subject: Business, international
ISSN: 0014-7591
Year: 1998
User Contributions:
Comment about this article or add new information about this topic:
Arthritic nation
Article Abstract:
Japan's aging population is having an effect on its economy because of the natural conservative tendencies of older people, who are reluctant to make changes to lift Japan out of the economic slump in 1998. The number of Japanese people over the age of 65 is expected to rise from 16% of the population in 1998 to 30% of the population by 2035. An increasing grey population is counterbalanced by a decline in the birth rate, which has left the number of young people lower than the aging population.
Publication Name: Far Eastern Economic Review
Subject: Business, international
ISSN: 0014-7591
Year: 1998
User Contributions:
Comment about this article or add new information about this topic:
Life on the line: insurers' crisis casts cloud over Tokyo stockmarket
Article Abstract:
There is a crisis in confidence throughout Japan's life insurance industry, following the collapse of Nissan Mutual Life Insurance, when policy holders discovered they would have to bear some of the debt. Japan's life insurance industry is the largest in the world, but some Japanese are now reviewing their insurance, which often carries heavy premiums. It is likely that more insurances will go bankrupt.
Publication Name: Far Eastern Economic Review
Subject: Business, international
ISSN: 0014-7591
Year: 1997
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: Beijing selects B shares. China's long march to privatisation. China stocks look overseas
- Abstracts: Los nuevos tigres. Portugal: charting a new course. Australia: looking up down under
- Abstracts: Western Europe. North America
- Abstracts: Long road ahead. Trading positions. Points to ponder
- Abstracts: A caring role. Greater concentration required