10 Updates
Asian Immigrants Still Climbing in America
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Asian Immigrants Still Climbing in America

Apr 2 2014, 5:10pm CDT | by

Publication in the U.S. this year of a book, The Triple Package , has opened a door for recognition of an obvious but impolite truth: Asian immigrants to America constitute one of the most amazing...

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16 weeks ago

Asian Immigrants Still Climbing in America

Apr 2 2014, 5:10pm CDT | by

Publication in the U.S. this year of a book, The Triple Package , has opened a door for recognition of an obvious but impolite truth: Asian immigrants to America constitute one of the most amazing economic and social success stories of modern times.

It’s impolite to recognize this general fact because of sensitivity that this indicts other groups that have not kept pace. Indeed, many Asian-Americans themselves bridle at being a “model minority” and may point out that any number in their ranks do lag. (Indeed it’s wrong to idealize decades of struggle for early arrivals, as noted in works like Iris Chang’s The Chinese in America .) The Triple Package’s husband-and-wife authors from Yale Law School, Jed Rubenfeld and Amy Chua, were careful to single out other groups besides Asians, although Chua, who earlier published Battle Hymn of the Tiger Mother about Chinese parenting, can’t escape the obvious results.

What’s apparent, and what Americans as well as Asians should be celebrating, is that millions of people could uproot themselves from thousands of miles away, come to a place while often without money or language skills, and within one or two generations gain a firm foothold in the upper middle class. In terms of their numbers relative to the size of the U.S. at the time, this phenomenon compares only with that of the eastern European Jews who arrived roughly a century before.

For the earlier period, economic history from Thomas Sowell provides a good picture. In the current instance, U.S. Census surveys bear out that among 4.7 million “Asian” households there is a steady upward movement in income category through the 2012 data. And this is not just a maturation factor–the younger cohorts are showing faster ascents year by year. That’s consistent with attainment of higher scholastic and social status. Business formations and earnings from them also speak to this.

These data aren’t as complete as you’d like and East Asian and South Asian immigrants often get lumped together. But their experiences appear similar.

Some, including the Triple Package authors, suspect that outperformance is not carrying into the third generation of Asian immigrants. Data are even sketchier about that. It’s true that many of the source nations for this influx have grown richer, which theoretically would reduce the flow of hungry talent. But if business opportunities back in Asia have improved, that may only further enhance the prospects for immigrants who can bridge two worlds.

In a world of so many woes, desperate migrations among them, this is one enormously joyous outcome.

 
Update
10

7 weeks ago

RM47mil KWSG contributions still unclaimed

Jun 9 2014 7:54am CDT | Source: Business Times Malaysia

KUALA LUMPUR: About RM47 million of contributions in the Teachers Provident Fund (KWSG) still remain unclaimed, the Dew ...
Source: Business Times Malaysia   Full article at: Business Times Malaysia
 

 
Update
9

7 weeks ago

Gold shop lost almost RM1mil

Jun 9 2014 3:50am CDT | Source: Business Times Malaysia

KANGAR: A gold shop owner lost almost RM1 million after after the safe on in his shop was broken into by robber ...
Source: Business Times Malaysia   Full article at: Business Times Malaysia
 

 
Update
8

7 weeks ago

Motion to debate MAS losses in Dewan Rakyat rejected

Jun 9 2014 3:39am CDT | Source: Business Times Malaysia

KUALA LUMPUR: AN emergency motion to debate the losses incurred by Malaysia Airlines last year, amounting to RM1.2 billion was rejected by the Dewan Rak ...
Source: Business Times Malaysia   Full article at: Business Times Malaysia
 

 
Update
7

7 weeks ago

MH370 Tragedy: Hisham: RM27.6 mil spent on 1st phase of SAR

Jun 9 2014 2:11am CDT | Source: Business Times Malaysia

KUALA LUMPUR: Malaysia spent some RM27.6 million in its first phase of the search operations for missing Malaysia Airline flight MH370, said Acting Transport Minister, Datuk Seri Hishammuddin ...
Source: Business Times Malaysia   Full article at: Business Times Malaysia
 

 
Update
6

7 weeks ago

9.1m litres of diesel seized in a month

Jun 8 2014 1:11am CDT | Source: Business Times Malaysia

PUTRAJAYA: The Domestic Trade, Cooperatives, and Consumerism ministry has seized some 9.1 million litres of diesel and property worth RM58 million since mounting ‘Operasi Diesel Selatan ...
Source: Business Times Malaysia   Full article at: Business Times Malaysia
 

 
Update
5

7 weeks ago

Girl, 9, awarded RM2.78m compensation for medical negligence

Jun 6 2014 4:56am CDT | Source: Business Times Malaysia

KUALA LUMPUR: A nine-year-old girl who suffered brain damage during her birth at a government hospital was awarded over R ...
Source: Business Times Malaysia   Full article at: Business Times Malaysia
 

 
Update
4

7 weeks ago

Malaysia's total trade in April up 12pc

Jun 5 2014 11:52pm CDT | Source: Business Times Malaysia

KUALA LUMPUR: Malaysia's total trade in April 2014 rose by 12 per cent from a year ago to RM123.86 billion due to growing trading activities, International Trade and Industry Minister Datuk Seri ...
Source: Business Times Malaysia   Full article at: Business Times Malaysia
 

 
Update
3

7 weeks ago

Works Ministry to spend RM20m for upgrading works at 50 accident black spots

Jun 4 2014 11:35pm CDT | Source: Business Times Malaysia

JOHOR BARU: The Works Ministry will implement upgrading works at 50 accident prone locations in the country that have been identified this year involving an allocation of RM20 millio ...
Source: Business Times Malaysia   Full article at: Business Times Malaysia
 

 
Update
2

7 weeks ago

Najib launches loan scheme for Ramadan traders

Jun 4 2014 10:24pm CDT | Source: Business Times Malaysia

PUTRAJAYA: Prime Minister Datuk Seri Najib Razak today launches RM45 million Ramadan Bazaar Scheme ...
Source: Business Times Malaysia   Full article at: Business Times Malaysia
 

 
Update
1

7 weeks ago

Residents bring up objection against Kidex to Suhakam

Jun 4 2014 4:49am CDT | Source: Business Times Malaysia

PETALING JAYA: A group of 20 Petaling Jaya residents held a meeting with the Human Rights Commission of Malaysia (Suhakam) over their objection against the proposed RM2.2 billion Kinrara Damansara Skyway (K ...
Source: Business Times Malaysia   Full article at: Business Times Malaysia
 

 

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