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The Contemporary World
Module 6 and 7
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GLOBAL NORTH
Refers to the countries that
are geographically in the
northern hemisphere or so
countries that are
economically developed
Global south
Refers to the countries that
are geographically in the
southern hemisphere or the
countries that are
developing or economically
struggling
Regionalism
- Strengthened collective identity in a
conglomerate of nations occupying a
particular geographic area or aiming at
shared goals; increase in economic
exchanges in particular area.
Regionalism
- Refers to the decentralization of political
powers or competencies from a higher
towards a lower political level.
conglomerate
A number of different things or
parts that are put or grouped
together to form a whole but
remain distinct entities
Tanaka
and
Inoguchi
(
1996
) articulated that
after the Cold War, the
relations between nations
have been dynamic and
unique
Region as
geographical
unit - A region can be interpreted as a place,
as a physical environment. For example,
we can determine Asia as a region
based on the land and water
boundaries surrounding it.
Region as
SOCIAL
SYSTEM
- A region can be interpreted as a
conglomerate of people occupying
a particular space and possessing a
unique dynamics of interaction. For
example, Asia can be determined
as a region based on the group of
people occupying it and the shared
ancestry, language, and culture
these people have.
Region as
organized
cooperation - A region can be interpreted as a group of
nations who agree to take part and form a
formal organization. For instance,
Southeast Asia is a region within Asia, and
it has been formalized through
memberships in the Association of
Southeast Asian Nations or ASEAN.
In the contemporary world, Asia has become
an economic force characterized by reduced
poverty and fast pace economic
development (
ADB
,
2008
).
Japan
embarked on procuring raw materials
like coal and iron at unprecedented
economies of scale allowing them to gain a
competitive edge in the global manufacturing
market as well as globalized shipping and
procurement patterns which other countries
modeled.
India
opened up and emphasized an
export-oriented strategy. Textiles and other
low wage sectors have been a key part of
the economy with successful software
development exports.
China
pursues similar pattern of
development at present and is now the
world’s largest importers of basic raw
materials such as iron and surpassed
Japan, the US and Europe in steel
production.
ENHANCED DIALOGUE BETWEEN
CITIZENS
OF VARIOUS NATIONS
This is facilitated by growing tourism activities in the regions and consistent
multilateral meetings among leaders of nation-state
EXPANDING
INTRAREGIONAL
TRADE AND
INVESTEMENTS
That brings forth closer financial markets and independent economies.
INCREASED CONNECTIVITY
This is facilitated by regional infrastructure projects as well as delivering
public goods.
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