Asian Values: Do they exist? Essay examples -- Economics

Asian Values Do they exist?On the face of it, the institution of Asian Values seems illusory.After the humiliation of the 1998 Asian Financial Crisis, the soundingof the death knell for the Asian-values debate seemed imminent. Yetwith the recent ascension of China as an economic superpower andsimilar economic miracles in the East, some began to speculate aboutAsian Values and its inherent superiority in the political, economicand societal structures in countries.Asian values can be termed as a set of values shared by people ofmany different nationalities and ethnicities backup in East andSoutheast Asia. Often seen in the context of religion, Taoism, Islamand Buddhism have fashioned or persuaded the basis of many values.Despite some minor differences in the value systems of thesereligions, they generally agree on certain areas. These include astress on the community rather than the individual, a reliance on the object lesson fabric of human relations and conventions, a particular emphasison thriftiness and hard work, and a respect for political leadershipamongst others. In assign to examine whether these Asian values stillhave credence in todays world, we must look at four areas of studythe influence of globalization, the policies of government, adoptionof Asian values into economics, and the changing social fabric ofAsia.There can be no doubt that globalization in the past decades has had aprofound influence on the traditional v...