Homosexuality, as a sexual orientation, encompasses individuals who experience love and sexual desire exclusively towards individuals of the same sex. Those who identify with this sexual orientation are referred to as homosexuals. Recognizing that various sexual orientations are equally valid, it is important to understand that homosexuality is a complex phenomenon. This paper aims to shed light on the current state of homosexuality in China. It holds universal significance not only for promoting cultural diversity, protecting human rights, strengthening the legal framework, and advancing society, but also for the well-being and livelihood of this vulnerable group.
The world economy needs a growth-lifting strategy, and infrastructure financing seems to hold the key. Based on the New Structural Economics (Lin, 2010; 2012) we discuss the heterogeneity of capital focusing on the long-term versus short-term orientation (STO). Traditional neoliberalism assumes that capital is homogenous, complete capital account liberalization is “beneficial”. However, previous studies have found evidence of long-term orientation (LTO) in the culture of many Asian economies (Hofstede, 1991). In this exploratory paper, we suggest that the LTO can be considered a special endowment which, under certain circumstances, can be developed into a comparative advantage (CA) in patient capital. If these countries can turn their latent CA into a revealed CA in patient capital, and develop the ability to “package” profitable and non-profitable projects in meaningful ways, they would have a “revealed” competitive advantage in infrastructure financing. The ability to “package” public infrastructure and private services is one of the key institutional factors for success in overseas cooperation.
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