Globalization and Change of Investment Environment in ASEAN
The more advanced is the country; the more it is profited by globalization. This is a true philosophical concept. However the less advanced ones must also embrace it unavoidably because only by that way it can achieve improvement and progress in very short time. One can’t be left in Stone Age. Finally, we will have to conclude and evaluate globalization as favorable on the conditions that it must be handled with great care and knowledge.
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- Arvind Panagariya, 2004.
"Miracles and Debacles: In Defence of Trade Openness,"
The World Economy,
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