Asian dynasties re-emerge, while women take a back seat

South Korea's president-elect Park Geun-Hye is a president's daughter (photo:dpa)
South Korea's president-elect Park Geun-Hye is a president's daughter (photo:dpa)

While many Asian countries are moving forward economically and outperforming those in the West, their social and political make-up appears to be moving backwards. Few women make it to the top in business and politics in Asian countries, and an increasing number of familiar names from family dynasties are being elected.

MOST macroeconomic predictions agree that Asia will account for more than half of global GDP at some point in the next 10-20 years.

According to a widely-accepted estimate by investment bankers, Goldman Sachs, China is poised to overtake the United States as the world’s largest economy by 2027.

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