I think it's not misguided as a way to obtain traction. If, say, Singapore unilaterally opened its borders, it would be overwhelmed by people from ID, PH, TH, etc. But, if they slowly opened borders bilaterally with say, MY, their economies would have time to adjust, as they adjust they can then extend their borders to VN, let's say. It gives economies a way to adjust without the economic shakeout disrupting the locals too much.
Look at Mexico, it clamors for the US to open its borders to Mexico, if they believed open borders were beneficial and without repercussions, they would open their borders to Guatemala and Honduras, among others -but they don't because of labor protectionism (ethnically they are very similar, so it's not so much ethnic antagonism0.