An additional consequence of these trends towards greater longevity and a broadly healthier population has been that there is increasingly a convergence in the morbidity and mortality profiles of the Asian population towards those now observed in the industrial economies. These epidemiological trends will create pressures for increased spending on medical care in the coming decades.
There is also a comprehensive set of new legislation which aims to reform financial market regulation, covering not only the trading level, but also – for the first time – the infrastructure for clearing and settlement.