Asian Regionalism

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ASIAN

REGIONALISM
ASIAN REGIONALISM
is the product of economic
interaction, not political planning.
As a result of successful, outward-
oriented growth strategies, Asian
economies have grown not only
richer, but also closer together.
GLOBALIZATION
REGIONALISM
• is a political and economic
phenomenon
• a process, and must be treated as
and “emergent, socially
constituted phenomenon”
• regional concentration of
economic flows
REGIONALIZATION
• the process of dividing an area
into smaller segments called
regions.
• is the tendency to form
decentralized regions
• a political process characterized
by economic policy cooperation
and coordination among
countries
REGIONS OF ASIA
Western Asia
Georgia
Armenia
Azerbaijan
Turkey
Cyprus
Syria
Lebanon
Israel
Palestine
Jordan
Iraq
Iran
Kuwait
Bahrain
Qatar
Saudi Arabia
Southeast Asia
Brunei
Cambodia
Indonesia
Laos
Malaysia
Myanmar
Philippines
Singapore
Thailand
Timor Lester
Vietnam
Christmas Island
Cocos Islands
South Asia
Sri Lanka
Bangladesh
India
Afghanistan
Pakistan
Bhutan
Nepal
Maldives
East Asia
China
Mongolia
North Korea
South Korea
Japan
Hong Kong
Taiwan
Macau
Central Asia
Tajikistan
Uzbekistan
Kazakhstan,
Turkmenistan
Kyrgyzstan
regionalization is characterized “as
development of economic, political and
other relations between the region and
the states which are included in one region;
formation of regional state
associations”, and regionalism is considered
as “an approach to consideration
and solution of economic, social, political
and other issues in terms of this or that
region interests and needs” (Azriliyan, 1999)
DIFFERENCE
Globalization affects economic,
political processes at the global
level, but regionalization involves,
first of all consideration of various
events and the needs of specific
areas of the country.
REGIONAL
ASSOCIATIONS
NORTH ATLANTIC TREATY
ORGANIZATION (NATO)

• most widely
known defense
group
• formed during
Cold War
ORGANIZATION OF THE PETROLIUM
EXPORTING COUNTRIES (OPEC)

• establish in 1960 by Iran,


Iraq, Kuwait, Saudi
Arabia, and Venezuela
• 1970s- member
countries took over
domestic production
and dictated crude oil
prices in the world
market
NON-ALIGNED MOVEMENT
(NAM)
• created by
presidents of
Egypt, Ghana,
India, Indonesia,
and Yugoslavia
in 1961
CONTEMPORARY
CHALLENGES TO
REGIONALISM
• resurgence of militant nationalism and
populism
• continuing financial crisis of regions
• ASEAN members continue to disagree
over the extent to which member
countries should sacrifice their
sovereignty for the sake of regional
stability
• differing vision of what regionalism
should be for
FACTORS THAT
AFFECT
INTEGRATION
TRADE
The world economy is intertwined
with each other whether we like it or
not. We all want or need something
from another part of the world, and
global trade facilitates that.
SIMILAR CULTURE
The cultures of Asia is diverse but
they do share many things. This
makes it an easier fit during times of
negotiations.
COMMON GOALS
The Asian region recognizes the
mutual benefit of a slow integration.
The territories involved are not far
from each other and the
industriousness of its population can
work as a powerful negotiating
block against those from other parts
of the world.

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