A WORLD OF
REGIONS
• Regionalism is often seen as a political and economic
  phenomenon.
• It is a phenomenon in international trade where states create
  groups for the purposes of trade and to collectively reduce
  barriers of trade among the members of a group. Most of this
  phenomenon appears in the form of Regional Trade
  Agreements (RTA)
• REGIONALISM is a process, and must be treated as an “
  emergent, socially constituted phenomenon”. it means that
  regions are not natural or given, rather, they are constructed
  and defined by policymakers, economic actors, and even
  social movement.
Basic Features of Regions
1. Regions are “a group of countries located in the same
   geographically specified area” or are “an amalgation of two
   regions or a combination of more than two regions”
   organized to regulate and oversee flows and policy choices.
2. The words regionalization and regionalism should not be
   interchanged, as the former refers to the “Regional
   concentration of economic flows” while the latter is “a
   political process characterized by economic policy
   cooperation and coordination among countries.”
Regionalization is defined as an increase in the cross-border flow
of capital, goods, and people within a specific geographical
area. In contrast, regionalism is defined as a political will (hence
ism is attached as a suffix) to create a formal arrangement
among states on a geographically restricted basis.
Countries Form Regional Associations for Several Reasons
1. For military defense
2. To pool their resources, get better returns for their exports, as
well as expand their leverage against trading partners.
3. To protect their independence from the pressures of
superpower politics.
4. Economic crisis compels countries to come together.
NON – STATE REGIONALISM
• It is not only states that agree to work together in the name of
  single cause. Communities also engage in regional
  organizing.
• This “New Regionalism” varies in form. They can be “tiny
  Associations that include no more than a few actors and
  focus on a single issue, or huge continental unions that
  address a multitude of common problems from territorial
  defense to food security.
• Organizations representing this “New Regionalism” likewise
  rely on the power of individuals, Non – Governmental
  Organizations (NGO’s), and association to link up with one
  another in pursuit of a particular goal.
North-South
  Divide
BRANDT LINE
The Brandt Line is a visual depiction of the North-South divide
between their economies, based on GDP per capita, proposed
by Willy Brandt in the 1980s. It encircles the world at a latitude of
30° N, passing between North and Central America, north of
Africa and India, but lowered towards the south to include
Australia and New Zealand above the line.
NORTH-SOUTH DIVIDE
• The North-South Divide (or Rich-Poor Divide) is the socio-economic and
  political division that exists between the wealthy developed countries,
  known collectively as “the North,” and the poorer developing countries
  (least developed countries), or “the South.”
• Although most nations comprising the “North” are in fact located in the
  Northern Hemisphere, the divide is not primarily defined by geography.
• “The North” mostly covers the West and the First World, with much of the
  Second World.
• The expression “North-South divide” is still in common use, but the terms
  “North” and “South” are already somewhat outdated.
• As nations become economically developed, they may become part
  of the “North,” regardless of geographical location, while any other
  nations which do not qualify for “developed” status are in effect
  deemed to be part of the “South.”
• The North is home to four out of five permanent members of the United
  Nations Security Council and all members of the G8.
GLOBAL SOUTH
• The Global South is a term that has been emerging in the
  transnational and postcolonial studies to refer to what may
  also be called the “Third World,” “developing countries,” “less
  developed countries,” and “less developed regions.”
• It can also include poorer “southern” regions of wealthy
  “northern” countries.
• Global South is more than the extension of a “metaphor for
  underdeveloped countries.”
• In general, it refers to those countries’ “interconnected
  histories of colonialism, neo-imperialism, and differential
  economic and social change through which large inequalities
  in living standards, life expectancy, and access to resources
  are maintained.’
• Both a reality and provisional work in progress
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.
• East Asian economies, in particular, focused on
  exporting to developed country markets rather than
  selling to each other.
• Economies moved in formation not because they
  were directly linked to each other, but because they
  followed similar paths.
• Interdependence is deepening because Asia’s
  economies have grown large and prosperous enough
  to become important to each other, and because
  their patterns of production increasingly depend on
  networks that span several Asian economies and
  involve wide ranging exchanges of parts and
  components among them.
REGIONALISM VS GLOBALIZATION
REGIONALISM VS GLOBALIZATION
Regionalism is the process of dividing an area into
smaller segments called regions. Example is the division
of nation into states or provinces.
On the other hand, globalization is the process of
international integration arising from interchange of
world views, products, ideas, and other aspects, such as
technology, etc.
•   As to nature, globalization promotes the integration of economics
    across state borders all around the world but regionalization is
    precisely the opposite because it is dividing an area in smaller
    segments.
•   As to market, globalization allows many companies to trade on
    international level so it allows free market but in regionalized
    system, monopolies are likely to develop.
•   As to cultural and societal relations, globalization accelerate to
    multiculturalism by free and inexpensive movement of people but,
    regionalization does not support this.
•   As to aid, globalized international community is also more willing to
    come to the aid of a country stricken by a natural disaster but, a
    regionalized system does not get involved in the affairs of other
    areas.
•   As to technological advances, globalization has driven great
    advances in technology but advanced technology is rarely
    available in one country or region.
FACTORS LEADING TO THE GREATER INTEGRATION
           OF THE ASIAN REGIONS
• Regionalization integration is a process in which
  neighboring states enter into an agreement in order
  to upgrade cooperation through common institutions
  and rules.
• The objectives of the agreement could range from
  economic to political to environmental, although it
  has typically taken the form of a political economy
  initiative where commercial interests are the focus for
  achieving broader socio-political and security
  objectives, as defined by national governments.
• Regional integration has been organized either via
  supranational institutional structures or through
  intergovernmental decision-making, or a combination
  of both.
• Past efforts at regional integration have often focused
  on removing barriers to free trade in the region,
  increasing the free movement of people, labor,
  goods, and capital across national borders, reducing
  the possibilities of regional armed conflict, and
  adopting cohesive regional stances on policy issues,
  such as environment, climate change and migration.