Group 6 Asian Regionalism
Group 6 Asian Regionalism
Group 6 Asian Regionalism
ASIAN
REGIONALISM
MODULE 3.2
Intended Learning Outcomes
JAPAN
•Was able to adapt its policies to the dictates of the West and
consequently incorporated itself to the global economy after the
Second World War.
SINGAPORE
• is the expansion and intensification of social relations and consciousness across world-
time and world-space.
• borderless (It happens around the world.)
Regionalization
• is "the growth of societal integration within a region and to the often undirected processes of social
and economic interaction” (Hurrel, 1995).
• happens only in a specific geographical region.
• Social and economic reciprocal actions of regionalization are undirected because of diversity.
This diversity comes in different levels (Richter &
West, 2014)
• refers to a political process by economic policy if cooperation and coordination are present among
countries (Mansfield & Wilmer, 1993).
Regionalism
• refers to the regional concentration of economic flows (Mansfield & Wilmer, 1993).
• pertains to the process of intergovernmental collaborations between two or more states (Eliassen &
Arnadottir, 2012).
gives importance to human rights, drugs, foreign relations, defense, law, and transnational crimes.
ECONOMIC COMMUNITY
adheres to significant roles of monitoring-economic ministers, finance ministers, central bank governors, free trade area, investment area,
agriculture and forestry, transport ministers, telecommunications and information technology ministers, science and technology, energy,
minerals, tourism, free trade agreements with dialogue partners, and sectoral bodies
SOCIO-CULTURAL COMMUNITY
there is an avenue for cooperation among the ministers responsible for culture and arts, sports, disaster management,
education, environment, health, information, labor, rural development and poverty eradication, women, youth, and
civil service matters.
Several reasons why countries form Regional Association
Military Defense
One of the most widely known defense grouping is the North Atlantic Treaty Organization (NATO). It was formed during the cold
war when several Western European countries plus the United States agreed to protect Europe against the threat of the Soviet Union.
Economic development
Countries form regional organizations to pool their resources, get better returns for their exports, as well as expand their leverage
against trading partners. For instance, the Organization of the Petroleum Exporting Countries (OPEC) was established in 1960 by
Iran, Iraq, Kuwait Saudi Arabia, and Venezuela to regulate the production and sale of oil.
3. Availability of economic
2. Establishment of formal
1. market-driven grants and overseas
institutions such as the
development assistance by
integration Asian Development Bank
better Asian economies.
(ADB).
5 .Establishment of two
6. ASEAN follows a
4. Expansion of economic structures.
a. the Chiang Mai Initiative consensus rule as an
production b. the Asian Bond Markets approach to decision
Initiative
networks making
Regional Alternatives
SMALL GROUPS
LOCAL COMMUNITIES
Conclusion
• Globalization and regionalization are the same for they refer to integration.
Their difference lies on the scope. Globalization is worldwide, while
regionalization focuses on a specific geographical region.
• As a response to world homogenization and division, regionalism that comes
in various forms of regional alternatives to globalization spawned within and
among regions in Asia.
• Asian integration did not happen based only on one historical event for there
were different factors that led to this alliance.
Thank you!