While I have been asked to present the Asian view, understandably the views expressed here are more based on the Indian Experience. In every respect, probably Asia is much more diversified than any other continent. A division in to developed and developing countries may be another way of looking at different perspectives. From this angle, Asia still belongs more to the developing world, baring Japan, Korea and Singapore, inspite of some spectacular economic growth rates in the recent past. Inspite of the variations, the points made in this presentation, I believe will apply to a majority of the population in Asia.