Tallahassee Journal

PREPARING ASIA FOR THE NEW CHALLENGES OF GLOBALIZATION

PREPARING ASIA FOR THE NEW CHALLENGES OF GLOBALIZATION

“Globalization needs to be managed and not abandoned. We need to pay greater attention to those who have been disadvantaged in globalization. We need world leadership who see that the advantages of globalization far outweigh the disadvantages. This is the core of what it will take for students to become successful business leaders in this new world climate,” said Prof Danny Quah, Professor of Economics at LKY School.
Globalization has historically been considered a positive attribute for world economic success. Unfortunately, in today’s ever-changing economic and political climate, many Western populations have lost faith in the benefits of globalization, making it harder for executives to conduct business in the usual ways.

Students, who will become the next generation of global leaders, will need to adapt to these challenges, and begin to achieve a more complex understanding of the culture of doing business in Asia.

At the Lee Kuan Yew School of Public Policy (LKY School) within the National University of Singapore, a new Master in International Affairs program was created to meet the needs of students internationally, to enable them to study the relationships between regions, countries and nations.  LKY School’s faculty encourages the world to accept globalization, while it may appear difficult in the light of Brexit, the results of the U.S. presidential election, and the rise of right wing movements in Europe. 

“Globalization needs to be managed and not abandoned. We need to pay greater attention to those who have been disadvantaged in globalization. We need world leadership who see that the advantages of globalization far outweigh the disadvantages. This is the core of what it will take for students to become successful business leaders in this new world climate – to acknowledge the challenges of this new world and constantly reinvent themselves,” said Prof Danny Quah, Li Ka Shing Professor of Economics at LKY School.

Prof Khong Yuen Foong, Li Ka Shing Professor of Political Science at the LKY School who returned to Asia after 27 years abroad as a professor at Oxford and Harvard advises students on the importance of gaining international perspectives.

According to Professor Khong, “Studying foreign policy in Asia exposes you to a debate of diverse views from people of different nationalities who have been at the receiving end of U.S. foreign policy. This diversity instills in students an ability to learn new skills and adapt to different dynamics which is crucial in today’s changing world.”

Asia’s imprint on the global economy, politics, trade and security are tremendous and growing. “It is important to step out of your comfort zone into Asia, a completely different region to decipher its changing economic-security dynamics and implications on the rest of the world,” added Prof Khong.  

The LKY School has extensive collaborations within the global academic community and has strategic partnerships with the Harvard Kennedy School, as well as with the Global Public Policy Network (GPPN), which includes Columbia University, London School of Economics and Political Science and Sciences Po. LKY School is located at the National University of Singapore. Located in the heart of Asia, Singapore is one of the most economically competitive countries with public policies studied by governments all over the world.

For more information on the Lee Kuan Yew School’s Master in International Relations program, visit http://lkyspp.sg/MIAProgUS.

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About the Lee Kuan Yew School of Public Policy

The LKY School is an autonomous, professional graduate school of the National University of Singapore. Its mission is to educate and train policy-makers and leaders, with the objective of raising the standards of governance throughout the region, improving the lives of its people, and, in so doing, contributing to the transformation of Asia and beyond. In addition to Masters and PhD programs, the LKY School offers high quality customized Executive Programs that cater to the needs of time-constrained senior managers and professionals, with the aim of delivering creative solutions to real management and leadership challenges.

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