A World Of Regions

SUBTOPICS: FIRST WORLD

Global Divides:  Encompassed all industrialized, democratic countries, which were
The North and South assumed to be allied with the United states in its struggles against soviet
Asian Regionalism Union. Finland and Switzerland maintained strict neutrality.

SECOND WORLD
LATIN AMERICA
 Was anchored on the industrialized, communist realm of the Soviet Union
 This refers to countries that were colonized by the Spaniards in the and its eastern European satellites, yet it often included poor communist
American continent. states located elsewhere.

WEST AND EAST IN 1494 THIRD WORLD

 This is when the newly discovered lands outside Europe were divided into
two – the West belonging to the crown of castile (now part of spain) and  This refers to countries that did not belong to either types of formal
the East belonging to the Portuguese Empire. economies.
 Poor and less developed region
COLD WAR  5% has enough food and shelter
 Source of Raw materials of the north

GLOBAL NORTH AND GLOBAL SOUTH
WORLD DIVISION DURING THE COLD WAR GLOBAL NORTH

 The Cold War between US and USSR created the division between the
Capitalist/Democratic states and the Communist states.
FIRST WORLD AND SECOND WORLD
 The capitalist economists were considered First World communist
economists were referred to as Second world.
 Home to all the members of G8 and P5 members of the UN Security
council
 Richer and developed
 95% has enough food and shelter
 Refers to developed societies of Europe and North America, which are
characterized by established wealth, technological advancement, political
stability, zero population growth and dominance of world trade and
politics.
 Considered as the high income countries such as Norway, Australia, new
Zealand, Canada, US, Belgium, Iceland, Japan, Sweden, Netherlands, and
most of western Europe.
 Low poverty, low child mortality, Technological advancement, stable
governments, low fertility rates, low gender related illiteracy.
 GLOBAL SOUTH
 Refers to the developing countries which represents mainly agrarian
economies in Africa, India, Latin America and others that are not as
economically sound and politically stable.
 Tend to be characterized by war, conflict, poverty and tyranny.
 Countries that are less developed and characterized by low level of
economic development, large inequalities in living standards, and low life
expectancy such as Africa and latin America.
 High poverty, high child mortality, less technological advancement,
economy are dependent on developed countries, unstable government,
high fertility rates, high gender related illiteracy
ASIAN REGIONALISM
REGIONALISM
 Political ideology that favors a specific region over a greater area
 It usually results due to political separations, religion, geography, cultural
boundaries,, linguistic regions, and managerial divisions
 Is the theory or practiced of regional rather than central systems of
administration of economic cultural or political affiliation.
REGIONALIZATION
 Process of dividing an area into smaller segments called regions.
 Division of a nation into states or provinces.
GLOBALIZATION
 Process by which the people of the world are unified into a single society
and function together.
WHY COUNTRIES FORM REGIONAL ORGANIZATION?
 The form regional organization as a way of coping with the challenges of
globalization
ASIAN REGIONALISM
 Now, Asian economies are becoming closely intertwined.
 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
than span several Asian economies.
REGIONALIZATION VS. GLOBALIZATION
 As a nature, globalization promotes the integration of economies across
state borders all around the world but regionalization is precisely the
opposite because it is dividing an area into smaller segments.
 As to market, globalization allows many companies to trade on
international level so it allows free market but in regionalized system,
monopolies are likely to develop.
 As a cultural and societal relations, globalization accelerate to
multiculturalism by free and inexpensive movement of people but,
regionalization does not support this.
 As to aid, 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.
 As a technological advances, globalization has driven great advances in
technology but advanced technology is rarely available in one country or
region.
FACTORS LEADING TO THE GREATER INTEGRATION OF THE ASIAN
REGIONS
 Regional integration is a process in which neighboring states enter into an
agreement in order to upgrade cooperation through common institutions
 The objectives of the agreement could range from economic to political
to environmental, although it has typically taken the form of political
economy initiative.
 Regional integration has been organized either via supranational
institutional structures or through intergovernmental decision making or
combination of both
 Regional integration have often focused on removing barriers to free
trade in the region, increasing to 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.
 Intra-regional trade refers to trade which focuses on economic exchange
primarily between countries of the same region or economic zone.
 In recent years. Countries which 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 foreigh markets resulting in growing
prosperity.