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Globalization of The Asia Pacific and South Asia
Globalization of The Asia Pacific and South Asia
Asia Pacific
and
South Asia
Differentiate between regionalization to
globalization
What is GLOBALIZATION ?
Process of closer economic
integration of countries within a
region that divides into area called What is REGIONALIZATION?
segments
is generated by globalization, and at
the same time regional blocks
formation interferes with
globalization processes.
Effects of Regionalization
Provincial Improvements
Growth of Domestic Products
Monopolize System
Asia-Pacific
- Widely Yes
Globalization in Asia-Pacific Region
Countries respond
economically and politically to
globalization in various ways.
WHY?
Resources
Location
CHINA
SINGAPORE
REGIONAL ASSOCIATION
Reasons why Countries form Regional Association
• Military defense
• Pool resources
• Get better returns for their exports.
• Expand their leverage against trading partners.
• Protect their independence from the pressures of
superpower politics.
NORTH ATLANTIC TREATY ORGANIZATION
(NATO)
• Founded on 1945
• Help ensure stability in the international system.
• Thai economy collapsed in 1996 and IMF tried to reverse
the crisis.
NON STATE
REGIONALISM
1. Primary power lies in their moral standing and their ability to combine
lobbying with pressure politics. Unfortunately, some are poorly financed.