The Asian American community is often referred to as the model minority, but that stereotype

glosses over a group dealing with its own inequalities and challenges.

The data show that the bamboo ceiling, sort of the under-representation of the group in senior management and leadership positions, is large and surprisingly persistent.

I'm Allison Nathan, and this is exchanges at Goldman Sachs. The Asian American community has seen marked success in education, income, and innovation,

but remains underrepresented in managerial and executive positions, according to new research from Goldman Sachs's

Global Investment Research Division.

To discuss the contributions and challenges of the Asian communities in the US

and countries across the globe, I'm sitting down with Wei Shan, Goldman Sachs's

chief China economist and Dan Stroven, senior global economist in Goldman Sachs

research about their latest report, Asianomics in America, contributions and challenges.

Way, Dan, welcome back to the program.

Glad to be here.

Thanks, I was excited to be here.

So let me first ask what prompted you to focus on this segment of the community and what did you hope to cover with this research?

Way, maybe you can kick it off.

Sure, the sad reality was that between 2020 and 2021, we saw a sharp increase in anti-Asian

hate crimes in the US.

And we care about our communities and we had, I think GIR had a town hall on this topic, talking to our Asian American colleagues. And we're asking ourselves, what can we do what can we do to bring to the

discussion to help bring awareness and as economists I think we're good at looking at the data analyzing the data and that's an important part of if you ever want to do policy making then evidence-based policymaking need to find look at the data look at the pattern look at the analytics so that was really

the origin of this piece that we try to look at the sequester

asian economics contribution of Asian Americans to the society and to the

economy in a comprehensive way. And by the way I for one am so happy that economists

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