A group of countries located in the same geographically specified area
Regionalization
A political ideology that favors a specific region over a greater area
Regions
Combination of two regions
Combination of more than two regions organized to regulate and oversee flows and policy choices
Asian Regionalism
A political ideology that favors the Asian region over a greater area
The Association of Southeast Asian Nations (ASEAN) was born with five original members: Indonesia, Philippines, Malaysia, Thailand, Singapore
August 8, 1967
First ASEAN summit meeting was held
1976
ASEAN Plus Three (Japan, South Korea, China) was instituted
1997
Asia Pacific Economic Cooperation (APEC)
Regional economic forum established with the United States' strong support
Regionalism
Created as a sort of counter-globalization
Globalization
The expansion and intensification of social relations and consciousness across world-space and world-time
Differences between Regionalization and Globalization
Globalization promotes integration of economies across state borders all around the world
Regionalization divides an area into smaller segments
Globalization allows many corporations to trade on international level and allows free market
Regionalization is more likely to develop monopolies
Globalization accelerates multiculturalism through free and inexpensive movement of people
Regionalization does not support multiculturalism
Globalized international communities are more willing to aid countries stricken by disasters
A regionalized area does not get involved in the affairs of other areas
Globalization has driven great advances in technology
Advanced technology is rarely available in one country or region
Regional Integration
The process by which two or more nation-states agree to co-operate and work closely together to achieve peace, stability and wealth
Reasons why countries form Regional Associations
Military Defense
Economic Crisis
Resources
Protection of Independence
Factors leading the Asian Region into greater Integration
Integration has been market-driven
Formal institutions such as the Asian Development Bank (ADB) were established
Economic grants and overseas development assistance are made available by better Asian economies
Production networks have expanded
Cooperation among the ASEAN and East Asian countries ensued the ASEAN + 3 Financial Minister's Process
Challenges to Regionalism
Resurgence of militant nationalism and populism
Continuing financial crisis
Conflict between sovereignty and regional stability
Differing visions of regionalism
ASEAN was founded on August 8, 1967 by Indonesia, Malaysia, Singapore, Thailand and the Philippines
Tun Abdul Razak: '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. It is important that individually and jointly we should create a deep awareness that we cannot survive for long as independent but isolated peoples unless we also think and act together and unless we prove by deeds that we belong to a family of Southeast Asian nations bound together by ties of friendship and goodwill and imbued with our own ideals and aspirations and determined to shape our own destiny'
How ASEAN confronts the challenges of globalization, regionalization, and COVID-19
Energy and environmental concerns
Migration
Organized crime and threats from "non-state" actors
Weakening regional institutions because of rifts between authoritarian members of ASEAN
Shifts in balance of power
Expanding roles of the Military
Globalization and Democracy
COVID-19
Some Asian countries like South Korea acted swiftly to ramp up health systems, in some instances before even a single COVID-19 case had been confirmed within borders