Economist Weekly – Health Care, Tourism and Globalisation

The ASEAN region is famous for its tourism, sandy beaches and colourful temples. But a new trend is emerging over the past few years where occidentals get on the plane not to enjoy hot sand and clear blue water – at least not in the first place – but to get treated here. Many hospitals in Thailand, Singapore and Malaysia are seeing an influx of tourists, especially Americans in their world class hospitals. You even have websites like www.malaysiahealthcare.com which purpose is to promote this trend !

To discover more on this very interesting phenomenon, I recommend the following read Operating profit. Of course, you know me, it is from the Economist. Otherwise this section would have a different title!

What I love about this is that it really embodies the power of liberalism and competition. The US system, which became inefficient and over-priced, better adapt or it will start feeling the heat!