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Business

The bottom line? Bigotry is bad for business

Paul Donovan

Respecting the rights of minorities is now considered by many not only a matter of defending basic human rights, but also a key to business success. The Nikkei Asian Review sat down with Paul Donovan, a global economist at UBS Investment Bank, who argues that fighting prejudice would benefit Asia's economies. 

Asian societies seem to have become more accepting of minorities.   This is going to be one of the most important points in the next 15-20 years. With technology, with robotics, with artificial intelligence, the real value in an economy is going to be human capital. You'll have to be able to adapt because of what the World Economic Forum is calling the "Fourth Industrial Revolution." This is going to change society and the way we work and do business -- things like the growing trend of self-employment -- people will be able to work from home.

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