ACTIVITY: TRIP AROUND THE
WORLD
• You won a ticket – Trip Around the
World
• But you can only choose 3 people that is
in this room.
• No negotiations.
• Only 3 people in this room
GLOBALIZATION AND
REGIONALIZATION
OBJECTIVES
• The students are expected to be able to
• Differentiate between regionalization
and globalization
• Identify the factors leading to a greater
integration of the Asian region
•Globalization
•Regionalization
•What words can you associate
with the words above?
SEEMS CONTRADICTING.
• The very nature of globalization is
by definition global
• Regionalization is naturally regional.
REGIONALIZATION
• Processof dividing an area in
smaller segments called region
GLOBALIZATION
• The process of international
integration arising from the
interchange of world views,
products, ideas and other aspects
such as technology.
WHAT IS THE DIFFERENCE OF
•Globalization
•Regionalization
• Globalization promotes the
integration of economies across state
borders all around the world while
• Regionalization is precisely the
opposite because it is dividing an
area into smaller segments
REGIONALIZATION AS COUNTER-
GLOBALIZATION
• The regionalization of the world system and economic
activity undermines the potential benefits coming out
from a global economy
• Regional organizations prefer regional partners over
the rest.
• Regional organizations respond to the states’ attempt to
reduce the perceived negative effects of globalization
• Regionalization is sort of counter-globalization
GRADUAL DEVELOPMENT OF
INTER-REGIONAL RELATIONS
• Association of South East Asian
Nations (ASEAN)
• European Union (EU)
• Mercosur
ASEAN
• Association of Southeast 1. Myanmar
Asian Nations
2. Thailand
• 10 states:
3. Vietnam
1. Brunei
4. Philippines
2. Cambodia
5. Singapore
3. Indonesia
6. Papua New Guinea-
4. Laos Observer
5. Malaysia
ASEAN OBJECTIVES
1. Accelerate the economic growth, social progress and
cultural development in the region through joint
endeavors
2. To promote regional peace and stability through
abiding respect for justice and the rule of law in the
relationship among countries in the region and
adherence to the principles of the United Nations
Charter.
• “Cooperate peace and shared prosperity shall be the
fundamental goals of ASEAn”
FUNDAMENTAL PRINCIPLES OF
ASEAN
1. Mutual respect for the independence, sovereignty, equality,
territorial integrity and national identity of all nations
2. Right of every State to lead its national existence free from
external interference, subversion and coercion
3. Non-interference in the internal affairs of one another
4. Settlement of differences or disputes by peaceful manner
5. Renunciation of the threat and use of force
6. Effective cooperation among themselves.
• ASEAN states cooperate mainly on
economic and social issues
• The organization has a security
function
• Establish a nuclear-weapon-free zone
in Southeast Asia
•A sort of ‘contagion’ effect has spread
during the past years.
• Regionalization in one part of the world
encourages regionalization elsewhere
• Imitation
• Defensive reaction – Mercosur’s
establishment as response to NAFTA
NAFTA
• North American Free Trade Agreement
(NAFTA)
• United States
• Canada
• Mexico
• United States and Mexico- clash
MERCOSUR
• Is an economic and • Uruguay
political bloc • Venezuela
• Brazil • Created in 1991 when
• Argentina Argentina and Brazil,
Paraguay and Uruguay
• Paraguay Sign the Treaty of
Asuncion
• Accord calling for the free
movement of goods,
services and factors of
MERCOSUR
• Mercado Comun del Cono Sur
(Southern Cone Common Market)
EUROPEAN UNION (EU)
• The EU’s members are (28 European Countries)
• Austria, Belgium, Bulgaria, Croatia, Cyprus, the Czech
Republic, Denmark, Estonia, Finland, France,
• Germany, Greece, Hungary, Ireland, Italy, Latvia
• Lithuania, Luxembourg, Malta,
• Netherlands, Poland, Portugal, Romania, Slovakia,
• Slovenia, Spain, Sweden, and the United Kingdom
• The EU was created by the Maastricht Treaty, which
entered into force on November 1, 1993.
• Designed to enhance European political and economic
integration by creating a single currency (the euro), a
unified foreign and security policy, and common
citizenship rights and by advancing cooperation in the
areas of immigration, asylum, and judicial affairs.
REGIONALIZATION ENCOURAGES
REGIONALIZATION ELSEWHERE
• Regionalization in one part of the world
encourages regionalization elsewhere
• Imitation or defensive reaction
• According to this, regionalization and
development of interregionalism would
indeed be global in nature.
• Globalization as the increased flows of goods, services, capita, people
and information across borders
• Region- group of countries in the same geographically specified area
• Regionalization- societal integration and the often undirected process of
social and economic interaction
• Economic process – market integration associated with the cross border flow
of capital, labor and technology within a specific area/region
• Regionalism- true formal process of intergovernmental collaboration
between 2 or more states.
• Political process- cooperation among states to create institutions to help bring
about or support economic integration in a region
MOTIVATIONS FOR
REGIONALIZATION IN ASIA
• Complex mixture of factors
• Concern for security- to ensure peace
and stability
• Economic cooperation within a
region
ECONOMIC MOTIVATIONS
• Main motivation behind contemporary
regionalization
• Asian states may regain some control over flows of
capital
• Domestic companies may benefit from belonging
to a regional market big enough to allow them scale
economies while being protected from global
competitions.
ASSIGNMENT: SHORT BOND PAPER
• What are the factors leading to a greater
integration of the Asian region?
• Be brief but concise
• Reference in APA format
• Arial, 12, normal spacing, justified
• Name, Course, Date, SSP 113 Time Sched
