Professional Documents
Culture Documents
Globalization of Asia Pacific & South Asia)
Globalization of Asia Pacific & South Asia)
Globalization of Asia Pacific & South Asia)
Asia)
Asia it comes from the ancient Greeks
who categorized the world into three
continents, Europe, Africa, Asia.
• NATURE
• MARKET
• CULTURAL & SOCIATAL RELATION
• AID
• TECHNOLOGICAL ADVANCES
• NATURE
-Globalization promotes the integration of
economic across state boarder all around the world
while Regionalism is precisely the opposite because it
is dividing an area into smaller segments
• MARKET
-Globalization allows many corporation to trade on
the international level so it allows free market while
Regionalism system, monopolies are more likely to
develop.
MONOPOLY
The exclussive possession or control of the
supply or trade in a commodity or services
• CULTURAL & SOCIATAL RELATION
-Globalization accelerates to multiculturalism by
inexpensive movement of people when
Regionalization on does not support this.
• AID
-Globalization international community is also
more willing to come the aid of a country stricken
by natural disaster but, a Regionalized system not
get involved in the affairs of other areas.
• TECHNOLOGICAL ADVANCES
-Globalization has driven great advances in
technologies while Regionalization is the advanced
technology is rarely available in country or region.
Chalenges of
Regionalization
Challenges of
Globalization
FACTORS LEADING TO GREATER INTEGRATION OF
ASIAN REGION
• Regional Income
• Advances in productions
• Transportation Technologies
REGIONAL INCOME
REMOVAL OF TRADE BARRIERS
ADVANCES IN PRODUCTION
TRANSPORTATION TECNOLOGIES
-Compared with other regions such as the
European Union, Intraregional trade in Asia is
characterized by a high proportion of trade
parts, components and intermediate
products (Ando,2006; Kimura, 2007;)
HOW DOES THE ASIAN STATES CONFRONT THE
CHALLENGES OF GLOBALIZATION AND REGIONALISM