Ch. 4 - Asian Regionalism Flashcards
When was the ASEAN born?
1968
Five original members of the ASEAN
Indonesia, Malaysia, Philippines, Singapore and Thailand
The primary goal of the ASEAN is to merge
Southeast Asian Countries
to fight against communism. This is an idea that was influenced by the United States of America,
who was engaged in the Vietnam War during
that time.
The ASEAN was an outgrowth of the
unsuccessful
SEATO (South East Asian Treaty Organization) idea, which was predicted as a type of Asian NATO (North Atlantic Treaty Organization) organization against communism
Asia Pacific Economic Cooperation (APEC)
was born through the strong support given by
the United States of America. In what year?
1989
The APEC meeting was institutionalized with
the aim of
monitoring and analysing regional
markets and institutions. To keep an eye on the
governing rules and norms for facilitating
transparent and efficient business transactions
in the region.
APEC focus was
economic and its style was technocratic (controlled by elite and technical experts)
The ASEAN plus Three was created
1997
Who was included in the plus three
Japan, Korea and China
In the 2000s, the tide of globalization swept
through East and Southeast Asia as well as the
rest of the world. The Three registered more
than ___ of their total trade as intraregional
and started to support all the countries within
the region.
50%
In order to adapt to the challenges of
globalization, the proposal of ASEAN plus Six
(Japan, Korea, China, India, Australia and New
Zealand) was formed thus creating the
EAST ASIAN SUMMIT
The East Asian Summit added two more
members, _____________ which initiated a new phase in the Asian Regionalism.
the United States of America and Russia
The East Asian Summit added two members in
2010
The year 2010 also marked great advances
made by two economic giants in the region
namely
USA and China
China started assertive maritime claims in East
and South China as well as the _______;
coupled with resource exploitations in
Vietnam, Myanmar Indonesia and India.
USA initiated dialogues and military
exchanges with Vietnam, Indonesia and India
which included scientific, tech
Bengal seas
Three propositions that would help understand the ideas of Asian regionalism
- Geographical Asia is too diverse for cultural
- Geographical Asia is too small for globalizing Asia
- Geographical Asia is too conflictual internally for strategic Asia
integration of social relations and consciousness across World-space and world-time
Globalization
societal integration within a region, and often undirected process of social and economic integration.
Regionalization
In terms of scope Globalization is
borderless
In terms of scope Regionalization happens in
a specific geographical portion of the world
Globalization refers to
.
tregional concentration of economic flows
Regionalism refers to
a political process by economic policy of cooperation and coordination among countries
Factors of Greater Asian Integration
- Driven by the market
- Establishment of formal institutions (ADB)
- Economic grants and overseas development assistance programs – Japan International
Cooperation Agency (JICA) - Production networks
- The Asian bond
