MIDTERMS Flashcards
Concentration of economic flows
Regionalization
Has become necessary to prevent the negative effects of globalization
Regionalization
a group of countries situated in
the same geographical area
Region
a political process
characterized by economic policy
cooperation and coordination among
countries.
Regionalism
an organization,
the members (participants) of which are
national bodies (organizations) for
standardization of the states included in
the same geographical region of the world
Regional Organization
Give examples of Regional Organizations
AU
APEC
ASEAN
EU
OAS
NATO
It refers to the idea of global equalities by which the world is being categorized or divided into socio-economic and political classification
Global divide
Emphasizes the idea of “the people”
populism
refers to a supreme power or authority
sovereignty
pertains to local balance (peace) ; cooperation between members of the region
regional stability
refers to national consciousness exalting one nation above all others
nationalism
is an intergovernmental forum
dedicated to promoting free trade and
investment, economic growth and
development, and cooperation in the
Asia-Pacific region.
APEC
factors that influence regionalism
Geographic proximity
Historical ties
Ethnic diversity
(all of d above to sa quiz)
(1) to accelerate economic growth,
social progress and cultural development in the region
(2) to promote regional peace and stability principles of the United Nations Charter
ASEAN
ASEAN is primarily focused on?
Economic integration