Category: Economic Systems

Two Economic Systems Reflected in Housing Policies


To reiterate, the People’s Republic of China (PRC) and Hong Kong, China are under different economic systems. The PRC is basically socialism with more planned economy features, while Hong Kong, China is basically capitalism with more free market features.

The Future of Public-Private Partnerships in ASEAN Countries


Discussions I’ve had around public-private partnerships (PPPs) in Asia have typically focused on India and the PRC because of their strong deal volumes. Having listened to and interacted with agencies in several ASEAN countries, I believe ASEAN is at an inflection point that could soon make it the bustling PPP market ADB has long been working toward. Here are three reasons why I’m excited about ASEAN: