What’s keep philanthropy from flourishing in Asia with Rajiv Louis
In Rajiv Louis‘s perspective, several obstacles need to tackle in order to nurture philanthropy in Asia the lack of a tax scheme is what prevents philanthropy from flourishing in Asia. With little or no tax benefit, the society as a whole loses the incentive to give out. Also, same as from a commercial perspective, you can’t look at Asian countries as a bundle, each jurisdiction has its own unique perspectives and set of issues and why there is more or less philanthropic giving. Setting philanthropy back on track in Asia can be a painstaking effort and an art in itself. But ultimately, Asian families thrive on and value relationships and this is what must be focused upon.