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Leon Guinto Memorial College, Inc 443 Mabini Street Atimonan, Quezon (Recognized by The Government) No. 010 S. 1986

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23 views

Leon Guinto Memorial College, Inc 443 Mabini Street Atimonan, Quezon (Recognized by The Government) No. 010 S. 1986

journal

Uploaded by

Paula Almeyda
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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LEON GUINTO MEMORIAL COLLEGE, Inc

443 Mabini Street Atimonan, Quezon


(Recognized by the Government)
No. 010 s. 1986

…teaching minds …changing lives …moving forward

Name:Mariah Paula M. Almeyda Subject: The Contemporary World

Year and Course: 3rd-BCAED B

ASIAN REGIONALISM:A STYLE OF IT’S OWN

What is Regionalism?

So let’s start this discussion by defining regionalism what do we mean by


regionalism a political ideology that favors a specific region over a greater area and it
usually happened because of to political separations, religion, geography, cultural
boundaries, linguistic regions and managerial divisions. In short it’s the economic
cooperation and economic arrangement of group of countries aimed at facilitating or
enhancing regional integration.

Regionalization vs. Globalization

What’s the difference of regionalization and globalization, I assume that you are
already familiar with the definition of globalization. So when we say regionalization it’s a
process of dividing area into smaller segments called regions. It’s the division of area and
then we say globalization it’s a process by which people of the world are unified into a
single society and function together.

Regionalism and Regionalization

So basically when we say globalization there is interconnected of a people. There


is interrelation there is association. Another concept is regionalism, what is regionalism it
is the theory or practice of regional rather than central systems of administration of
economic cultural or political affiliation, their goal here is to increase their political
power and influence in other regions. So instead of having a centralized government ,
instead of having centralized administrations regionalism kasi merong iaasigned or
merong head, merong designated head sa bawat region and we have also have
regionalization, when we say regionalization it’s the division of a nation into states or
provinces.

Why countries form regional organization

Now the question, why countries form regional organizations? They form
regional organization as a way of coping with the challenges of globalization.

Asian Regionalism

What is Asian Regionalism is a product of economic interaction that focus on


exporting products to develop country markets, as a result Asian economy
successfully grows faster and more affluent-having a lot of money.Asia regional
integration center argues that Asian regionalism could bring considerable benefits to Asia
and the hole world, further it helps to sustain regional growth and underpins with the
right policies to scale back inequalities. There are two examples pertains in Asian
regionalism. First we have Asian Europe Meeting, according to wikipedia further asserts

1
LEON GUINTO MEMORIAL COLLEGE, Inc
443 Mabini Street Atimonan, Quezon
(Recognized by the Government)
No. 010 s. 1986

…teaching minds …changing lives …moving forward

that Asian Europe meeting is an Asian political dialogue forum that enhances relations
with various sorts of cooperation between partners like Australia,Austria , Bangladesh,
France and many more. Along the way Asian-Pacific Economic Cooperation is an
example of Asian regionalism APEC or Asian Pacific Economic Cooperation was
concerned with big trade through pacific regions some scholars argue that it is an
intergovernmental forum for 21 countries those members in APEC are Philippines,
Thailand, China, Hong Kong and many more. The main focus of Asian Regionalism is
to sustain our economic stability and to sustain global relationship we will different
risks and benefits of Asian regionalism.

As a result of successful outward orientation growth strategies of these Asian


countries, Asian economies have grown not only richer but also closer together as they
say there is unity in diversity. Example of unity in diversity is the ASEAN or the
association of Southeast Asian Nations. So why Asia considered the continent of
diversity , because people in Asia have different cultures,they have different customs and
traditions, they have different religions and beliefs, they have different government and
many more. So Asia’s economies have grown larger and more complex they also have
become more integrated. Through trade, financial flows , direct investments and other
forms of economic and social exchange. In recent years, new technological trends have
further strengthened ties among them, as have the rise of the China and India and the
region’s growing weight in the global economy, however nagkaroon din ng
misfortune,nagkaroon din ng difficulties and one of the difficulties they have encountered
is that the 1997/1998 financial crisis dulled a severe setback too much of the region,
highlighting Asia’s shared interests and common vulnerabilities and providing an impetus
for regional cooperation.In the early stages of Asia’s economic takeoff, regional
integration proceeded slowly. East Asian economies focused on exporting to developed
country markets. They just focus on exporting of their goods and services rather than
selling to each other initially they specialize in simple labor-intensive manufacturers. The
Japanese economist Akamatsu (1962) famously compared this pattern of development to
flying geese- gansa. In In this model, economies moved in formation not because they
were directly linked to each other, but because they followed similar paths. Since this
development paths hinged on sequential and sometimes competing they did not initially
yield strong economic links within asia itself.

Now, Asian economies are becoming closely intertwined. When we say


intertwined ay magkaugnay. This is not because the region’s development strategy has
changed it still remains predominantly, non-discriminatory and outward oriented what
then is the reason behind this 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.

We have regionalization versus globalization, we defined what is regionalization


it’s the process of dividing an area into smaller segments called regions. Example is the
division of nation into provinces and a good example of this is the business they use
regionalization as a tool in management.Globalization is the process of international

2
LEON GUINTO MEMORIAL COLLEGE, Inc
443 Mabini Street Atimonan, Quezon
(Recognized by the Government)
No. 010 s. 1986

…teaching minds …changing lives …moving forward

integration arising from the interchange of world views, products, ideas and other aspects
such as technology and many more. To compare regionalization versus globalization in
terms of nature. 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 into smaller segments. Sabi nga natin before sa globalization it is
border less, walang hangganan. As to market ano pinagkaiba ni regionalization and
globalization, allows many companies to trade on international levels so it allows free
market, therefore is a globalization meron free market na tinatawag but in a regionalized
system, monopolies are likely to develop. When we say monopolies in economics a
monopoly is a single seller, so isa lang ang nagbebenta ng goods or services there is no
competition nan nangyayari. Ang example ng monopoly ay Railways, Google, . Kapag
sinabing Railways the government provides public services. Hence, they are a monopolist
because new partners or privately held Companies are not allowed to run railways.
However, the price of the tickets is reasonable so that most people can use public
transport.Google has become a household name and whenever we don’t know any
answer, probably googling is the answer. The biggest web searcher with their secret
algorithm controls more than 70% market share. The Company has grown into a web of
services interlinked like maps, Gmail, search engines, etc. The Company has left its
competitors – Yahoo and Microsoft- behind its innovation and technological
advancement.

As to cultural and societal relations globalization accelerate to multiculturalism by


free and inexpensive movement of people but regionalization does not support this. When
we say multiculturalism it’s the view that cultures races and ethnicity particularly to those
of minority groups deserve special acknowledgement of their differences within a
dominant political culture, na kabaliktaran naman sa regionalization hindi naman
inaacknowledge yung multiculturalism. As to aid naman 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. So
globalized or globalization they are willing to help pwede silang magbigay ng financial
aid particularly dun sa mga bansa na nagsuffer or nakaranas ng natural disaster, pero sa
regionalization kasi di sila nangingialam, di sila nag ooffer ng aid or ng tulong. As to
technological advances, globalization has driven great advances in technology but
advanced technology is rarely available in one country or region. Therefore sa
globalization, thereis technology is already advancement of technology pero sa
regionalization wala pa, for example di naman pwede na manila and lucena lang ang
may ganitong technology, kailangan buong pilipinas yung meron.

Factors leading to the greater integration of the Asian regions

Regional integration is a process in which neighboring states enter into a


agreement in order to upgrade cooperation through common institutions and rules. Sa
regional integration it’s a process by which two or more countries agree to cooperate and
work closely together to achieve peace, stability, and wealth. The objectives of the
agreement could range from economic to political to environmental, although it has
typically taken from of a political economy initiative. In this partner naman, commercial

3
LEON GUINTO MEMORIAL COLLEGE, Inc
443 Mabini Street Atimonan, Quezon
(Recognized by the Government)
No. 010 s. 1986

…teaching minds …changing lives …moving forward

interest are the focus for achieving broader social, political and security objectives.
Regional integration has been organized either via supranational institutional structures or
through intergovernmental decision-making, or a combination of both. So ho do we
define supranational institutional a supranational organization is an administrative
structure that goes beyond the boundaries of states it is a multinational union or
association in which member countries need authority and sovereignty or simply means
they surrender their power and sovereignty on at least some internal matters to the group
whose decision are binding on it’s members on the other hand when we say
intergovernmental or inter- governmentalism it refers to arrangements whereby the
nations or the countries in any situations and conditions they can control, they can make
decisions and cooperate with one another on matters of common interest so past efforts of
regional integration.

Regional integration have often focused on removing barriers to free trade,


pagtatanggal ng tariff, ng mga tax sa free trade in the region, increasing the free
movement of people, labor, goods, and capital across national borders, reducing the
possibility of regional armed conflict and adopting cohesive regional stances on policy
issues, such as the environment, climate change and migration. So these are they action
done by the regional integration.

Intra-regional trade refers to trade which focuses on economic exchange primarily


between countries of the same region or economic zone. There is trade or may
pakikipagpalitan ng kalakal beteen countries of the same region for example South East
Asia kabilang dito ang Pilipinas, Malaysia at Singapore. Kapag nagkaroon ng trading or
pakikipagkalakalan sa mga bansang ito, therefore there is intraregional trade. In recent
years, countries within economic-trade regimes such as ASEAN in Southeast Asia for
example have increased the level of trade and commodity exchange between themselves
which reduces the inflation and tariff barriers associated with foreign markets resulting in
growing prosperity. What is ASEAN it stands for Association of Southeast Asian Nations
and it is a regional grouping that promotes economic political and security cooperation
among it’s 10 members ano yung mga bansa na memebr ng ASEAN, we have Brunei,
Cambodia, Indonesia, Lao, Malaysia,Myanmar, Philippines, Singapore, Thailand and
Vietnam.

What is the purpose of ASEAN, is to promote economic and cultural exchange


among it’s member countries, maintain peace and stability in Southeast Asia and
establish relationships with foreign power with similar aims.

4
LEON GUINTO MEMORIAL COLLEGE, Inc
443 Mabini Street Atimonan, Quezon
(Recognized by the Government)
No. 010 s. 1986

…teaching minds …changing lives …moving forward

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