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TCW Asian Regionalism Report
TCW Asian Regionalism Report
MARKET
-Globalization allows many corporation to trade on
the international level so it allows free market while
Regionalism system, monopolies are more likely to
develop.
CULTURAL & SOCIATAL REACTION
-Globalization accelerates to multiculturalism by
inexpensive movement of people when
Regionalization on does not support this.
AID
-Globalization international community is also
more willing to come the aid of a country stricken
by natural disaster but, a Regionalized system not
get involved in the affairs of other areas.
TECHNOLOGICAL ADVANCES
Regional Income
Advances in productions
Transportation Technologies
-Compared with other regions such as the
European Union, Intraregional trade in Asia is
characterized by a high proportion of trade parts,
components and intermediate products (Ando,2006;
Kimura, 2007;)
Regional Income
-
Removal of trade barriers
-
Advances in productions
-
Transportation Technologies
-