Professional Documents
Culture Documents
Reviewer Contemporary World
Reviewer Contemporary World
Pull Factor
-Any human or nature factors that attract people to live -Significant role in privatization and regulation of public
in new residencial or location area. utilities and natural resources.
--engage people na pumunta sa ibang bansa
--Respect people diversity
--libreng offer ng education, healthcare, services
FUND
-From interest ng mga utang/ tubo
IMF (International Monetary Fund)
-189 countries ang meron nito MARKET INTEGRATION
(October 16, 2020- date na nadagdag) WHAT IS A MARKET?
-1945- natatag -Lugar kung saan nagaganap ang pagpapalitan ng goods
-Washington D.C (office) and services between consumer and buyer
-December 27, 1945- date na naging member ang -Any structure that allows buyers and sellers to
Philippines exchange any type of goods, services and information.
-Lend money, grant financial support
-It is an organization of 189 countries, working to foster WHAT IS A INTEGRATION?
global monetary cooperation, secure financial stability, -Process kung saan nagkakaroon ng combination ng
facilitate international trade, promote high employment economic between bansa or lugar
and sustainable economic growth, and reduce poverty -Is a set of affairs or a process of involving attempts to
around the world. combine separate national economic into larger
-The IMF's primary purpose is to ensure the stability of economic region.
the international monetary system—the system of
exchange rates and international payments that enables WHAT IS MARKET INTEGRATION?
countries (and their citizens) to transact with each -yung mga product na similar use, nagiging isang prodct
other. The Fund's mandate was updated in 2012 to kahit nasaan itong lugar.
include all macroeconomic and financial sector issues -Phenomenon in which markets of goods and services
that bear on global stability. are related to one another being to experience similar
patterns of increase or decrease in terms of the prices
THE MISSION OF INTERNATIONAL MONETARY FUND of those products and services.
1. SURVEILLANCE- Monitors the economic and financial -Prices of goods and services sold in a geographical
policies of its 190 member countries. location follow similar patterns.
2. LENDING- Provide loans to member countries -It is a situation in which separate markets for the same
experiencing actual or potential balance of payment products become one single market.
problems. Example: Ice Cream at Cone, Gasolina at Pamasahe,
-bansang nagkakaroon ng problema sa mga bayarin Barbie Dolls at Damit ng Barbie
3. CAPACITY DEVELOPMENT-Technical assistance and
training to the countries who struggle in economy
5 FORMS OF INTEGRATION
According to Koester (2017), the following are the forms
WHERE THE IMF GETS ITS MONEY of integration:
1. Pagbabayad ng quota galing sa sakop na
bansa/countries 1. Preferential Agreement
2. Multilateral Borrowing -Merong 2 or more countries na nag-agree na ibaba ang
3. Bilateral Borrowing- pwede sa mga private sector or taripa ng mga kalakalan
individual -Involves lower trade barriers between countries which
4. From sa tubo ng pinautang nilang pera have signed the agreement
-Resources for IMF loans to its members on non- -Considered as the first and smallest step on the road to
concessional terms are provided by member countries, further integration
primarily through their payment of quotas. Multilateral -Preferences can be given through tariff reductions for
and bilateral borrowing serve as a second and third line unlimited volumes of imports or for specifies import
of defense, respectively, by providinga temporary quantities
supplement to quota resources. These borrowed Ex. Philippines at Thailand
resources played a critical role in enabling the IMF to
2. Free Trade Agreement
-walang babayaran na taripa kapag member ka ng Germany, France, Italy, Luxembourg, and Netherlands
countries have an increasing economic cooperation.
-Reduces barriers to trade among member countries to
zero, but each member country has autonomy in
deciding on external rate of tariff for its trade with non-
member countries
Example: European Free Trade Area
LEGAL BASIS OF EUROPEAN UNION
3. Customs Union -Based on the rule of law
-pag-uusapan ng mga bansang member ng country ang -Action taken is founded on treaties that have been
taripang babayaran approved by all EU member countries
Example: Philippines at Thailand -Treaties- defining finding agreement
Common External Tariff-bayad na pinag-usapan. -pinagkasunduan ng mga bansa
Halimbawa ng mga ASEAN countries para sa mga -Example: If a policy area is not cited in a treaty, the
bansang mage-export na hindi member ng ASEAN Commission cannot propose a law in that area
counries.
-Represents a higher stage of economic integration than EUROPEAN UNION COUNTRIES (28 COUNTRIES)
a Free Trade Area -AUSTRIA, BELGIUM, BULGARIA, CROATIA, CYPRUS,
-Adopts a common external tariff and agree to it CZECH REPUBLIC, DENMARK, ESTONIA, FINLAND,
-First phase of integration of the European Community FRANCE, GERMANY, GREECE, HUNGARY, IRELAND,
on the way to Common Market. ITALY, LATVIA, LITHUANIA, LUXEMBOURG, MALTA,
NETHERLANDS, POLAND, PORTUGAL, ROMANIA,
4. Common Market SLOVAKIA, SLOVENIA, SPAIN, SWEDEN, UNITED
-Same lang ng number 3 KINGDOM
-Goes beyond a Customs Union allowing for free
movement of labor and capital within the union THE MAIN TREATIES THAT HELPED EUROPEAN UNION
-To integrate both product and factors markets of ARE:
member countries 1. Treaty of Lisbon – December 13, 2007
-makes the EU more democratic, efficient, mas
5. Economic Union pinalakas ang EC, more efficient para sa mga
-Highest form of Market Integration problemang ____________________________.
-follow other policies hindi lang about sa Taripa
-magkakatulad sa currency 2. Treaty of Nice- February 26, 2001
-nagkakaisa in all aspect of economy -preparation for upcoming 25 countries para
-Member countries agree to integrate monetary, fiscal magfunction ang EU
and other policies
3. Treaty of Amsterdam- October 2, 1997
-For the preparation for the arrival of the 25 future
member countries
Lesson 3: Part 2
EUROPEAN INTEGRATION 4. Treaty of European Union- February 7, 1992
-Unique Union, economically and politically united -preparation of their currency, monetary union
-created aftermath of WWII para ma-ease ang tension
-naniniwala sila na magiging economically 5. Single European Act- February 17, 1986
interdependently kapag nakipag trade sa ibang bansa -Preparation para sa pagdating ng Portugal at Spain
-nabuo ang EEC (dating pangalan) with 28 European -to speed up to preparation in decision making of single
countries market
-Unique economic and political union between 28
European countries that cover much of the continent. 6. Merger Treaty- Brussels Treaty -April 8, 1965
-Created in the aftermath of the Second World War -Creates a single commission and single council para sa
-“To foster economic cooperation” tatlong European community EEC, Euratom, ECSC-
-The result was the European Economic Community European Coil
(EEC) in 1958 where 6 countries namely Belgium,
7. Treaties of Rome: EEC and EURATOM treaties -Department of Foreign Affairs- lugar kung saan sila
-March 25, 1957 nagmeeting
-Pinirmahan para sa dalawang countries -ASEAN Declaration- pinirmahan
-The ASEAN was created 1967 as a political group to
strengthen the power and increase growth and
development in member nations.
8. Treaty establishing the European Coal and Steel
Community - April 18, 1951 ASEAN Economic Community
-upang magkaroon ng ease ng tension after WWII, The AEC Blueprint 2025 is aimed towards achieving the
pagbuo ng ECSC vision of having an AEC by 2025 that is
1. A Highly Integrated and Cohesive Economy
*EURATOM (European Autonomic Energy Community) 2. A Competitive, Innovative, and Dynamic ASEAN
3. Enhanced Connectivity and Sectoral Cooperation
EUROPEAN UNION, AN ECONOMIC UNION TO 4. A Resilient, Inclusive, People- Oriented, and People-
POLITICAL UNION Centered ASEAN
5. A Global ASEAN (Integrated with the global economy)
EUROPEAN ECONOMIC COMMUNITY (EEC) - was
renamed as European Union in 1993. The AEC Blueprint 2025 will lead towards an ASEAN
that is
EUROPEAN UNION is based on the rule of law 1. More proactive
-highest form of integration kasi economically at 2. Having had in place the structure and frameworks to
politically united operate as an economic community
-same currency ang mga bansa 3. Cultivating its collective identity and strength to
A UNION OF SINGLE CURRENCY: the euro engage with the world
4. Responding to new developments and seizing new
opportunities.
THE BENEFITS OF EURO
-wala ng conversion ng pera when travelling or doing PRINCIPLES OF THE ASEAN ECONOMIC COMMUNITY
business -The ASEAN countries are engaged in a process to
-save time transform ASEAN into a real economic community by
-It costs much less to make cross- border payments the end of 2015.
-comparison of prices are more easily -Having harmonious relations and respect of national
-People no longer need to change money when sovereignties.
travelling or doing business within the euro area saving -ASEAN countries greatly develop trades through quite
time and transaction costs. ambitious economic treaties and free-trade agreements
-It costs much less (or nothing at all) to make for Southeast Asia.
crossborder payments -ASEAN leaders have now embarked the Southeast
-Consumers and businesses can compare prices more Asian association to the next step of economic
easily which encourages businesses charging higher development, which will also bring the Southeast Asian
prices to bring them down. peoples closer.
NATION
-may identity because may culture na sinusunod
LESSON 4: -known for sharing own culture and history
THE GLOBAL INTERSTATE SYSTEM -Ex. Kurdistan- may share culture, non-governmental
The State and Sovereignty people
-large group of people who inhabit a specific territory
STATE and are connected by history, culture, or another
-must have power and authority commonality.
-isang lugar/ territory na may political entity/
population NATION-STATE
-not all country can consider state -is a cultural group (a nation) that is also a state.
-July 4, 1946- dineclare ang Philippines na -Ex. Japan, Germany, France, etc.
independence state -can be associated as one but may difference with each
-Example of state: India, Mexico, Myanmar other
-A state is a self-governing political entity. They have
their own territory with its own institutions and INTERNATIONAL RELATIONS
populations. -explain kung paano nagkaroon ng relationship between
countries/ state
THE IMPORTANT BASIS OF A STATE -Is the attempt to explain the decisions, interactions and
1. CITIZENS behavior that occur across boundaries of states.
-population of state
-kabilang ang animals
2. TERRITORY STATE AND GLOBALIZATION
-mga anyong lupa at tubig (effect of globalization sa state)
3. GOVERNMENT 1. Some believed that it bring the demise of the
-nagsisilbing administrative machine sovereign state states as global forces weaken the
4. SOVEREIGNTY power of the state to control their own economies and
-power/ authority ng estado societies.
a. internal-state authority within authority -dahil sa globalization, humina ang sovereignty ng isang
b. external- authority na magkaroon ng relationship sa bansa kasi minsan nakadepende na lang sa ibang bansa
ibang bansa (negative effect)
2. Assumed that states remains as primary agent which
IMPORTANT ASPECTS OF STATE could even shape the world order.
-mas napapalakas ng bansa ang sarili nyang
nasasakupan, relationship ng bansa (positive effect)