. >> kelsey ross, master student at american university. you touched on this a little bit talking about asean and i was wondering sort of the big ten of ways to improve the asian financial system. how do you expect countries to work together on these or do you expect these reforms and improvements individual country made? and if so, how will those then work in a broader financial system? >> linney logie with the simpson center and wondering if you could comment on the 20 to 30-year perspective for hong kong and singapore. >> maybe one more? yeah. >> peter wogert from the german institutes of global studies. you mentioned briefly issue of increasing debt. i wrote an article asia was obviously in percent of gdp the clear master. all countries, malaysia, china, you name them where substantially above 150, 200% in total private sector debt. obviously, we just said external debt seems to have decreased. is in the book statistic showing that the internal debt increased because the private sector debt did not look very good to me. >> all right. i

. >> kelsey ross. >> student at american university.ou touch on this a little when talking about asean. i'm wondering about the big ten you had on ways to improve the asian financial system. how do you expect the countries to work together on these or do you expect these reforms to be individual countries and if so, how would these work in a broader financial system. >> i was wondering if you could comment on kind of the 20 to 30-year kind of perspective for hong kong and singapore? >> maybe one more? yeah. >> peter from the german instituteses of global studies. you mentioned increasing debt. i recently read in an economist article, asia was obviously in percent of gdp the clear master all countries, malaise yarks china, you name them, were substantially above 150, 200% in total private-sector debt. obviously we just said, external debt seems to have decreased, isn't the book the statistics on that showing that indeed the internal debt has increased, because the over private sector debt did not look very good to me. >> i think we can n

. >> kelsey ross, masters student at america university. you touch on this a little bit when talking about asean, but i was wondering sort of the big ten that you had of ways to improve the asian financial system, how do you expect countries to work together on these or do you expect these reforms and improvements to be individual country-made and if so how will then those work in a broader financial system? >> with the simpson and i was just wondering if you can comment on kind of the 20 to 30-year kind of perspective for hong kong and singapore. >> maybe one more. yeah. >> peter bogart from the german institutes of global and area studies. you mentioned briefly issue of increasing debt. i recently read an "economist" article that asia was in percent of gdp the clear master in all countries, you name them, were substantially above 150, 200% in total private sector debt. obviously we just said external debt seems to have decreased. does the book have statistics on that showing that indeed the internal debt has increased vis-a-vis the extern

. >> kelsey ross, master's student at american university. you touch on this a little bit when talking about asean but i was wondering sort of the big 10 that you had of ways to improve the asian financial system. how do you expect countries to work together on these or do you expect these reforms and improvements to be individual country made and if so how will those then work in a broader financial system? >> linea loggy with the simpson center. i was wondering if you could comment on the 20 to 30 year perspective for hong kong and singapore. >> maybe one more? >> peter wogart from the german institutes of global and area studies. you mentioned briefly issue of increasing debt. i recently read an economist article asia was in percent of gdp the clear master. all countries, malaysia, china, you name them were substantially above 150%, 200% in total private sector debt. obviously we just set external debt seems to have decreased. in the book, is there statistics on that showing that indeed the internal debt has increased vis-a-vis the exsnern