(CNN) -- Asia's rapidly growing economies have sparked an increase in demand for executive education -- and business schools throughout the world are responding with gusto.

Many have established relationships with universities in the region while others are going it alone, setting up remote facilities linked to their home campuses. Offerings range from traditional MBA degrees to short courses focused on the particular requirements of local companies.

Faced with continuing globalization, Asian educational institutions in the region are acutely aware they need to offer courses that provide participants with both business and cultural insights from other parts of the world.

Executive education participant numbers are expected to remain strong, thanks to healthy competition between Asian companies to recruit and retain talented staff.