Lesson 7 The Asian Integration
Lesson 7 The Asian Integration
This lesson looks at the mechanism of unique integration of the world’s biggest land
mass and population – the Asian region and how nation-states approach
contemporary challenges.
Learning Outcomes
At the end of the lesson, you should be able to:
1. differentiate between regionalization and globalization:
2. identify the factors that lead to a greater integration of Asian regions; and
3. analyze how different Asian states confront the challenges of globalization,
regionalization, and COVID-19.
Today we shall look closely at the unique integration mechanism of the Asian
region and how nation-states therein approach the contemporary challenges and
facets of world homogenization, division, and pandemic. The lesson will conclude on
the level of reflective students’ personalization.
Critical Reading
Edward D. Mansfield and Helen V. Milner state that economic and political
definitions of regions vary, but there are certain basic features that everyone can
agree on. First, regions are “a group of countries located in the same geographically
specified area” or are “an amalgamation of two regions [or] a combination of more
than two regions” organized to regulate and “oversee flows and policy choices.”
Second, 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.”
Countries form regional associations for several reasons. One is for military
defense. Countries also form regional organizations to pool their resources, get
better returns for their exports, as well expand their leverage against trading
partners. Moreover, there are countries that form regional blocks to protect their
independence from the pressures of superpower politics.
Even “isolationist” North Korea is part of the Regional Forum, which discusses
security issues in the region. (Lisandro E. Claudio and Patricio N. Abinales)
Globalization and regionalization are the same for they refer to integration. Their
difference lies on the scope. Globalization is worldwide while regionalization focuses
on a specific geographical region. As a response to world homogenization and
division, regionalism that comes in various forms of regional alternatives to
globalization spawned within and among regions in Asia.
Asian integration did not happen based on one historical event for there were
different factors that led to this alliance. Asian regionalism is a new concept among
the continental communities. New to cooperation and collaboration goals, it has the
50-year-old ASEAN group and the failed East Asia Economic Group (EAEG). The
ASEAN community is comprised of three pillars – political security community,
economic community, and socio-cultural community. ASEAN has also partnered with
three EAST Asian countries – China, Japan, and South Korea. It is called the
ASEAN + 3. Its goal is to address the 1997 Asian financial crisis and help each other
cope with the crisis. In this context, ASEAN has concretized regionalism in the Asian
region.
There are some aspects that led to a greater Asian integration. First,
integration has been market-driven. Within Asia, there are a variety of systems,
institutions, procedures, social relations, and infrastructures that are put in place for
countries to engage in exchange. Second, formal institutions such as the Asian
Development Bank (ADB) were established. Conceived in the 1960, ADB promotes
social and economic development in Asia. Third, economic grants and overseas
development assistance are made available by better Asian economies. For
example, the Japanese International Cooperation Agency (JICA) aims to work on
human security and quality growth. Fourth, production networks have expanded.
Economies are mainly on comparative advantage through the regional division of
labor. Fifth, cooperation among the ASEAN and East Asian countries ensued the
ASEAN + 3 Financial Ministers’ Process that established two economic structures –
the Chiang Mai Initiative and the Asian Bond Markets Initiative.
The process aims to strengthen policy dialogue, coordination, and
collaboration on common financial, monetary, and fiscal issues. (Tumoroh C.
Brazalote, Ryan M. Leonardo, and Bernardino C. Ofalia)
ACTIVITY
Write your answer on the paper.
1. Differentiate regionalization from globalization.
2. What are the factors that lead to a greater integration of Asian regions? Give
examples for each.
3. How do Asian states confront the contemporary challenges of globalization,
regionalization, and pandemic?
ESSAY
Write your essay on the paper.
Identify the strengths of the Philippines that may contribute to a sustainable ASEAN
integration in meeting the COVID-19 challenge.
Prepared by:
Reference: