Globalisation cannot be stopped. It just changes its form, channels, and leaders. The volumes of goods, services and capital crossing borders continues to increase, and so do the numbers of people working outside their home country.
What we are really witnessing is not the halt of globalisation, but the rise of anti-globalisation sentiments spreading across America and Europe, but definitely not in Asia – the continent leading global economic growth.
In the vast majority of Asian countries, there is a strong desire in the political establishment and the business community to speed up globalisation, and to further liberalise international trade and investment. The ultimate goal is to build stronger national economies and raise living standards. By and large, the public accepts this stance, or at least does not show signs of resistance.