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The capital of Asia: Capital Services Group talked to J@pan Inc about how their business has grown from Japan to the whole of the Asia region and about resetting the agenda in integrated loan servicing, real estate asset management and servicing technology solutions.(Capital Services Group)

Asia at the center

Writing in the aftermath of the Asian Financial Crisis in a paper published by the Harvard Institute for International Development, authors Jeffrey Sachs and Steven Radelet comment, "History, Nehru observed, is written by the victors. Financial history, it seems, is written by the creditors."

They refer to the fact that the debtors, lumped together as the Asian capitalist economy, were blamed for the region-wide slump and financial chaos of summer 1997. Whether this is a just verdict or not, the legacy of the crisis was such that in Japan and other Asian countries, reforms were implemented and efforts were made to render the regulatory systems and ...

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