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WHEF Regional Forum, South-East & East Asia
January 6, 2013 @ 2:00 am - January 7, 2013 @ 5:00 pm
Cooperation for Developing Economy
City:Kuala Lumpur, Malaysia
Venue: Berjaya Times Square Hotel, Kuala Lumpur
Historically the Hindu community was highly enterprising. The Hindu contribution to the world economy from the 1st to 15th century was more than 35% of world GDP. From the sixteenth to mid-eighteenth century, Hindu civilization slipped to the rank of second place, after China, although Hindu civilization still contributed 25% of the world’s GDP at that time. During the colonial period, when Bharat was dominated by European powers, Hindu civilization lost control of the means of production, trade, commerce, which led to a substantial destruction of the economic prowess of Hindu Civilization.
Major shifts have taken place in the world economy since the late 1960s. With greater emphasis on the creation of more open economic markets as well as transformation brought about by rapid technological advances that have led to greater integration of the world economy.
Hindus have kept up with the times by taking advantage of the new avenues of movement and economic opportunities.
Hindu Economy in South East Asia:
Hindus were historically dominant in this region. They were not only significant in the population, but were also dominant in business, trade and commerce. Hindus had developed great civilizations and mighty kingdoms in this region, such as Majapahit Kingdom, Srivijaya Kingdom, Champa Kingdom, Khmer Kingdom, etc.
In the medieval period Hindus lost their pre-eminence in politics and economy. And during the European colonial period Hindu traders and businessmen renewed their activities in commerce and industry in this region. Their contribution to business and the economy was significant. After WWII their position in business and the economy weakened. After 1960 it weakened further. However, there is a revival in Hindu business and economy in the region at present. This is the time to further strengthen Hindu business and economic activity in this region.
Therefore, WHEF Regional forum for South-East & East Asia is being organized on 6 and 7th of January, 2013 at Kuala Lumpur Malaysia.