Primarily, preferential and discriminatory policies will become increasingly ineffective under an economic environment that is moving towards globalization. Economic agents and resources subject to unfair treatment by the government policy will move away to a more investor-friendly environment. In this way, government-led economic development strategies and policy instruments will also become less effective. It is easy to see how direct regulations to promote or protect targeted industries would eventually constitute obstacles to further economic development. Generally speaking. Globalization ensures that economic policy making and implementation will be guided on principles of non-discrimination and market mechanisms.