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He said that it’s of great importance to promote such philos

philosophies to enhance the exchanges and mutual learning of diverse civilizations. Frederick W. Russell-Rivoallan, a program specialist and head of social and human sciences for UNESCO, hailed the dialogue of Asian civilizations. “It’s a great way to concentrate in this part of world, but it’s also a global inspiration – bringing countries together, understanding other…

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Only toward the end of the last century, global econom

 integration-trade, investment and finance-began benefiting large emerging and developing econ omies. To be sustainable, globalization cannot serve just a few wealthy advanced economies. It m ust also serve poorer and faster-growing economies, which today account for most of the global growth. So, by flirting with trade protectionism and punitive tariffs on imports, adva nced economies…

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Chris Rowley, a visiting professor from Oxford Unive

rsity’s Kellogg College in England, called opening to more foreign investment a very important development. “Of course this will expose both inward investors and indigenous organiza tions to some stark differences in management and doing business between them, which in tu rn requires more globally effective leaders who are less ethnocentric and more culturally aware,”…

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