Educational level, income, age, and occupational status determine financial literacy.
In Cambodia and Viet Nam, the more financially literate and educated people are, the more they save.
Many Asian economies are facing rapidly aging populations, which will dramatically raise pension and other old-age-related spending.
The more dependent on government transfers a province is, the higher the likelihood that it will go into deficit.
Asian economies must tackle several issues to enable fiscal decentralization that improves citizens’ welfare.
Smaller firms train workers less and are less inclined to view an inadequately skilled workforce as a major constraint.
Hiring more educated workers and providing them with additional training will contribute to improved firm productivity.
Past internationalization can affect the future process innovation of firms.