This paper seeks to identify whether or not a relationship exists between openness towards a social concept, in this case, foreigners, and market openness. For the purpose of this paper, “foreigners” will be defined as the three largest groups of mobile foreigners: students, workers, and tourists. These two categories of openness are measured across seven major Asia-Pacific economies. In addition, it compares the seven economies across these variables. The study finds that there is indeed a strong correlation between openness towards the all of the aforementioned foreign populations and market openness, with the exception of foreign workers. It also discovers that while differences exist between each economy, all economies follow a trend of becoming more open towards foreigners.
This paper seeks to identify whether or not a relationship exists between openness towards a social concept, in this case, foreigners, and market openness. For the purpose of this paper, “foreigners” will be defined as the three largest groups of mobile foreigners: students, workers, and tourists. These two categories of openness are measured across seven major Asia-Pacific economies. In addition, it compares the seven economies across these variables. The study finds that there is indeed a strong correlation between openness towards the all of the aforementioned foreign populations and market openness, with the exception of foreign workers. It also discovers that while differences exist between each economy, all economies follow a trend of becoming more open towards foreigners.