M7 THE GLOBAL DIVIDES
this are a group of countries located in the same geographically specified area. it can be a combination of two regions and can be a combination of two regions organized to regulate and oversee flows and policy choices.
regions
it is the process of dividing an area into smaller segments called regions. division of a nation into states or provinces. in the economic context it is a management tool.
regionalization
it is a process by which two or more nation states agree to co-operate and work closely together to achieve peace stability and wealth.
regional integration
why the countries form regional associations?
like NATO and warsaw pact
military defense
why the countries form regional associations?
like ASEAN, China, Japan and Korea
economic crisis
why the countries form regional associations?
OPEC - oil
resources
why the countries form regional associations?
like NAM - Non-Aligned Movement
protection of independence
it is the home of more than 1.4 billion people based in the 2018 population projection of the un in fact it is becoming one of the economic supergiants of the world.
china
it is the product of economic interaction, not political planning. as a result of successful, outward oriented growth strategies, asian economies have grown not only reach her but also closer together
asian regionalism
what are the four factors that led the asian region into greater integration
trade
similar culture
common goals
similar security needs
it is the biggest population of at least 2/3 of the worlds inhabitants, and the continent comprises 1/3 of the world's landmass.
asia
ASIA IN TERMS OF ECONOMY, emerging and developing asian countries and the ASEAN 5 countries (_,_,_,_,_) had an average of 6.3% and 5.1% gdp growth respectively compared to the world average growth of 3.5% as of 2016
indonesia
malaysia
philippines
vietnam
thailand
the inequalities or diversity comes in different levels in terms of
development
politics
economics
religion
the asean community is comprised of three pillars
security community
economic community
socio-cultural community
most countries want to have collaborations with _ and _ members because economic and political growths in this regions have started to shape up.
east asian countries
association of east asian nations
where and when was the asean established and now where _
august 8 1967 , bangkok thailand
jakarta indonesia
was the representative of the philippines when ASEA was founded
narciso ramos
it's goal is to address the 1997 asian financial crisis and help each other cope with crisis. it has concretized regionalism in the asian region
ASEAN
what country start the members of ASEAN
brunei, vietnam indonesia cambodia malaysia myanmar philippines and laos
in asean + 3 what are the three countries that was added
japan china south korea
in the asean +6 what are the countries that was added
japan china south korea australia india, new zealand
the meaning of the asean emblem
blue
yellow
circle
white
red
stalks of paddy
peace and stability
prosperity
asean unity
purity
courage and dynamism
hopes of the founding fathers of asean that the association is bound together in friendship and social solidarity
it refers to regional concentration of economic flows. it is also containing to the process of intergovernmental collaborations between two or more states (eliasen and arnadottir, 2012)
regionalism regionalism
it refers to formal economic cooperation and economic arrangements of a group of countries aim to facilitating or enhancing regional integration
regionalism
it is a new concept among the continental communities. new to cooperation in collaborations goals it has the 50 year old asean group and the failed east asia economic group (EAEG)
asian regionalism
asean foster's the spirit of regionalism and oneness of asian nations as a group it sets out in the asian declaration the following aims and purposes
to accelerate economic growth social progress and cultural development in the region
to promote regional peace and stability
to promote active collaboration and mutual assistance on matters of common interest
to aid each other in the form of training and research facilities
to collaborate more effectively or the greater utilization of their agriculture and industries
to expand trade improve their transportation and communication facilities and raise the living standards of their people
to promote southeast asian studies
to maintain close and beneficial cooperation
it is a free trade packed between canada and united states now including mexico was created to help reduce trading costs increase business investment and help north america be more competitive in a global marketplace
north american free trade agreement or nafta
it is a political and economic established to ensure free movement of people good services and capital within the EUs single market it has developed an internal single market through a standardized system of laws that apply in all member states in those matters and only those matters where members have agreed to act as one like using euros
european union EU
what pillar of asean community gives importance to human rights, drugs foreign relations defense law and transnational crimes. it is a region in which a large scale use of violence such as war has become very unlikely or even unthinkable it is related to a group of states that enjoy relations of dependable expectations of a peace
security community
what pillar of asean community
it's this association 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 ministry science and technology energy minerals tourism free trade agreements with dialog partners and sexual bodies in its arena
economic community
what pillar of asean community
it is an 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
socio-cultural community
what factor that led to a greater integration of asean regions.
there are variety of systems institutions procedures social relations and infrastructures that are put into place for countries to engage in exchange.
integration has been market-driven
what factor that led to a greater integration of asean regions
it was considered the 1960s and it promotes social and economic development in asia. compose of 67 members 48 of each are from the asia-pacific region the financial institutions aids its members and patterns by providing loans technical assistance grants and equity investments
formal institutions such as the asian development bank ADB were Established
what factor that led to a greater integration of asean regions
the _ aims to work on human security and quality growth the agency target is to promote international cooperation and the development of the japanese and global economy by supporting the socioeconomic development recovery or economic stability of developing regions
japanese international cooperation agency (JICA)
economic runs in overseas development assistance are made available by better asian economies
what factor that led to a greater integration of asean regions
economies are mainly on comparative advantage through the original division of labor the philippines major exports are electronic products and copper products to a name of you indonesia sells palm oil rubber and natural gas within the region south korea produces machinery products and motor vehicles
production networks have expanded
what factor that led to a greater integration of asean regions
it ensued the asean plus three financial ministers process that is established to economic structures the chiang mai initiative and the asian bond markets initiative the process aims to strengthen policy dialogue coordination and collaboration and common financial monetary and fiscal issues
cooperation among the asean and east asian countries
what factor that led to a greater integration of asean regions
asean follows a consensus rule of as an approach to decision making. This process prevents collision of cultural reliefs and economic policies that are understandably not easy to unite because of the religions diversity of archipelago lives
If EU is rules-based
_ that is more focus on asia in the pacific is a reaction to global economic integration. japan the forerunner of institutions believes that investments can be a factor of social development consequently japan is a major contributor to it.
asian development bank
what are the three countries that initiate concrete dialog in formulating vision shared goals and road maps for regional cooperation in asia
china india and japan
the reaction to globalization and the west
it also gave rise to tera groups like the _ which is spread to the muslim communities in southern philippines indonesia and malaysia and the combat global terrorism this country's mind use of their available resources to minimize and ultimately stop the effects on civilian victims such as displacement and suffering and they read the they need to conduct joint navy patrols with their boundaries to prevent the entry and exit of the terror group
islamic state of iraq and syria (ISIS)
other reactions of globalization came in the form of disengagement from globalization that transpired locally santi suk village in thailand created its own currency called _ that was regulated by essential bank in village this homemade currency can only be used in participating religious and cannot be exchanged for thailand's baht
bia
what are the challenges to regionalism
resurgence of militant nationalism and populism
continuing financial crisis
conflict between sovereignty and regional stability
differing visions of regionalism
globalism and regionalism are the same for they refer to integration the difference lies on the scope globalization is _ while regionalization focuses on a _
worldwide
specific geographical region