It has been argued that economic reform measures including trade liberalisation, have been contributing to bringing the Asian economies under the folds of globalisation. Do you agree? Explain your arguments with relevant evidence from at least one Asian economy (for example, Korea). (Major issues that need to be addressed are economic reform measures currently in place, indicators of globalisation particularly, trade, finance and 'new-economy' indicators, macroeconomic performance in the current global crisis, etc.). Do you think the present global financial crisis (GFC) would affect the country of your choice and what prospects for its speedy recovery?