05/17/2011, 00.00
ITALY-ASIA

Asian nations face challenge of economic transition

An international conference organized by Acton Institute in Rome tomorrow to answer questions like: "What kind of reform and what new procedures are needed to promote integral human development that includes, but is not limited to raising the quality of life only from a material point of view? What can other countries learn from the experience of industrialized countries in Asia? "

Rome (AsiaNews) - The challenge now facing Asian countries, the transition from an economy primarily based on family businesses to an economic model more focused on free enterprise and human development is the issue that is dealt with by the International Conference " Family-Enterprise, Market Economies, and Poverty: The Asian Transformation”.

The meeting, scheduled for tomorrow, May 18, from 10am to 5pm, at the Centro Congressi Roma Eventi-Fontana di Trevi, at the Pontifical Gregorian University, is organized by the Acton Institute.

Kishore Jayabalan, Acton Institute director, in charge of organizing the international conference, in a statement shows that "many Asian economies have grown enormously in recent decades and have freed millions from poverty, and future forecasts indicate this will continue to be the case. The core of this transformation has undoubtedly been the liberalization of the economy. But factors such as political stability as well as the religious and cultural aspect of these countries challenges the way we see the economy and wellbeing. "

"What kind of reform and what new procedures do we need to promote an integral human development that includes but is not limited to raising the quality of life from a material point of view? What can other countries learn from the experience of industrialized countries in Asia? We hope that the international character of the city of Rome, home to the leadership of the Catholic Church and international bodies who are dedicated to agriculture and development, will enrich discussions on Asia from our experts".

The conference will bring together policy experts, academics and business people to discuss important issues and critical questions for a free and moral growth of the economy: What role does free enterprise play in Asian economies? What is the meaning and what are the implications of freedom in societies that are so different from Western ones? Expert speakers include: S.E. Thomas Han, Ambassador of Korea to the Holy See, Father Bernardo Cervellera, Director, AsiaNews, Dr. Charles Gave, Chairman, GaveKal, Dr. Siegfried Herzog, Regional Director, India South Asia Office, Friedrich-Naumann-Stiftung für die Freiheit; Dr. Michael Hintze, Chief Executive Officer, CSQ Management, Prof. Kim Tan, Chairman, SpringHill Management; Dr. Prachuab Trinikorn, Director of Administration, Banpu Public Company Ltd. and Prof. Raquel Vaz-Pinto, Researcher, Catholic University of Portugal.

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