LESSON 4:

GLOBALIZATION AND
REGIONALIZATION
LESSON OUTCOME
• Differentiate between regionalization
and globalization
• Identify the factors leading to a greater
integration of the Asian region
• Analyze how different Asian states
confront the challenges of globalization
and regionalization
LESSON PROPER

• Regionalization
• Asian Region
• Regional Organizations
DISCUSSION POINTS
• The regionalization of the world system and
economic activity undermines the potential
benefits from a liberalized global economy.
• Regionalism is a sort of counter-globalization.
• Cultural identity, economic motivations, and
transnational corporations are the motivations
for regionalization in Asia and in other parts of
the world.
PROCESSING QUESTIONS
• What is the difference between
regionalism and regionalization?
• What is/are the effect/s of joining a
regional organization for Asian
countries?
ANSWER KEY
• Regionalism speaks of intergovernmental
relationship. Regionalization is more than
that because it also involves social and
economic interaction.
• Through regional organizations, Asian
states may regain some control over flows
of capital and enhance their bargaining
power against transnational corporations.
LESSON SUMMARY
• Globalization, regionalization, and
regionalism are three different global
processes that interact with one another.
• The motivations for the recent
regionalization in Asia, as well as in other
regions, cannot be isolated from one
another.
• Motivations toward regionalization are not
just pure economic.