Unlocking Cross-Border Philanthropy in Asia
“While Asia has seen enormous economic growth and development in recent decades, income disparity remains and with millions across the continent continuing to live in poverty. As the number of high-net-worth individuals in Asia increases, so is cross-border giving, as wealthier Asians communities look beyond the needs of their own economy.
Give2Asia’s new report identifies some of the impediments to cross-border giving, such as donor preference, regulatory hurdles and lack of institutional readiness. The report describes an “overall stringent regulatory environment” with “varying levels of enabling policies regarding cross-border giving.” Much of this comes down to restrictions placed by individual economies on the sending and receiving of donations across borders.”
English version available here.
日本語: Japanese translation (abridged) available here.