Levers For Change: Philanthropy In Select Southeast Asian Countries
Explosive economic growth in Southeast Asia has resulted in unparalleled wealth creation. While the region’s emerging economies report hopeful signs of a broadening middle class, income inequality is rising faster than living standards for the majority. While philanthropic giving is rising to tackle this, key questions remain unanswered:
- Will philanthropic giving match the fast pace of wealth accumulation?
- Will philanthropy be strategic and targeted enough to address the critical social issues of the day?
This report examines public policies influencing those charitable decisions in four roaring economies: Indonesia, the Philippines, Singapore, and Thailand. It assesses how these policies help or hinder the growth of philanthropy, and reveals challenges in the environment for philanthropy in this region.