Cortez, John Rod

Garcia, Roegeane Leigh Nycka

Santos, Alliah Isabel S.

2A-BSN
Asian Regionalism
The product of economic
interaction, not political
planning. As a result of
successful, outward- oriented
growth
strategies, Asian economies
have grown not only richer,
but also closer together.
 Regionalization Globalization
 The process of dividing an area  The process of international
into smaller segments based on integration arising from the
geographic location. interchange of world views,
products, ideas and other aspects.
We all know
that
companies
need to
grow in
order to
survive in this
tough
business
world
 Regionalization Globalization

 An increase in the cross-border  The procedure by which businesses

flow of capital, goods, and people or other organizations develop
within a specific geographical area. international influence to start
It develops from the bottom up operating on an international scale.
through societally driven processes
coming from markets, private trade,
and investment flows, none of
which is strictly controlled by
governments.
 Regionalization
Effects:
 Provincial improvements.
 Growth of domestic products.
 Organized trading system.
 Preservation of culture &
traditions.
Challenges:
 Less support from local gov’t.
 Can’t offer aid to another.
 Monopolize system.
Globalization
 Effects:
 Wider market for a product.
 Wider acknowledgement &
understanding of the culture.
 Challenges:
 Increase spread of communicable
disease.
 Economic depression.
 Face much greater competition.
 The factors leading to a greater
integration of the Asian Region

1) TRADE - The world economy is intertwined with each other

whether we like it or not. We all want or need something from
another part of the world, and global trade facilitates that.
2) SIMILAR CULTURE - The cultures of Asia is diverse but
they do share many things. This makes it an easier fit during
times of negotiations.
3) COMMON GOALS - The Asian region recognizes the mutual
benefit of a slow integration. The territories involved are not far
from each other and the industriousness of its population can
work as a powerful negotiating block against those from other
parts of the world.
• ASEAN was established on 8 August
1967 in Bangkok by the five original
member countries: Indonesia, Malaysia,
Philippines, Singapore, and Thailand.

• Promotes economic growth, social

progress and cultural development in
the Southeast Asian region through
multilateral cooperation.
 “We the nations and peoples of
Southeast Asia must get together
and form by ourselves a new
perspective and a new framework for
our region.”
– Tun Abdul Razak
 MILITARY DEFENSE
• the North Atlantic Treaty Organization
(NATO) was formed to protect Europe
from the threat of the Soviet Union; and
as a response, the Soviet Union created
the Warsaw Pact.
 ECONOMIC CRISIS
• The ASEAN countries along with
China, Japan, and South Korea
established an emergency fund that
stabilized Asian economies after the
rippling effect of the Thai economy’s
collapse.
 RESOURCES
• Countries need to pool their resources
together to make themselves more
powerful. The Organization of the
Petroleum Exporting Countries (OPEC)
rose in power when they took over
domestic production and controlled
crude oil prices across the globe.
 PROTECTION OF
INDEPENDENCE
• The countries under the Non-Alignment
Movement (NAM) refused to side with
the capitalists (Western Europe & North
America) or the communists (Eastern
Europe).
QUIZ
 I. TRUE or FALSE
1. Asian Regionalism is a product of economic interaction
and of political planning.
2. Globalization can cause provincial improvements.
3. Regionalization has less support from the local
government.
4. Globalization may experience economic depression.
5. ASEAN promotes economic growth, social progress and
cultural development in the Southeast Asian region through
unilateral cooperation.
II. Enumerate the five original member
countries of ASEAN

(6. – 10)