'Global ethic' means a basic consensus about existing binding values, irrevocable standards and fundamental personal attitudes amongst people of various religions, regardless of their otherwise profound differences. Those who occupy positions of responsibility in the world of politics and business also need to be aware of the importance of the world's religions in society. To reflect on the situation of the world's religions in the age of globalization means drawing attention to two basic facts: globalization goes hand-in-hand with fragmentation; and globalization goes hand-in-hand with resistance to homogenization. Civilizations and cultures that have evolved and proved themselves over thousands of years retain their identity precisely because of their profound religious and ethical dimension. It is small wonder that in the strategic debates taking place in the West serious consideration is being given to the potential threat of a 'war of civilizations' in the twenty-first century.