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经历了金融危机的亚洲各国，为了吸引更多的外资流入，纷纷增加其产业的自由化程度，并放松了对跨国并购的限制。1999年印度尼西亚、马来西亚、菲律宾、韩国和泰国五国借助跨国并购吸收的外资达150亿美元。事实上，并购已成为跨国公司在该地区投资的主要方式之一，1997-1999年以这种方式平均每年投资200亿美元，而在1994-1996年仅为70亿美元。这次跨国并购浪潮对于各国产权的变更和在国际分工当中的地位，尤其是发展中国家的地位必将产生深远的影响。
In order to attract more inflows of foreign capital, Asian countries that have experienced the financial crisis have all increased their degree of industrial liberalization and relaxed their restrictions on cross-border mergers and acquisitions. In 1999, Indonesia, Malaysia, the Philippines, South Korea and Thailand absorbed foreign investments of 15 billion U.S. dollars through cross-border M & A. In fact, mergers and acquisitions have become one of the major ways in which multinationals invest in the region. In 1997-1999, they invested an average of 20 billion U.S. dollars annually in this way, up from only 7 billion U.S. dollars in 1994-1996. The wave of transnational mergers and acquisitions will surely have a profound impact on the changes of property rights in various countries and their status in the international division of labor, especially the developing countries.