Regional Integration
By: Venus Gregorio
Reginal Integration
Regional integration refers to the
process of countries within a
particular geographic region coming
together to form economic, social,
and political alliances.
The main goal of regional integration
is to promote economic growth and
development by increasing trade
and investment between member
countries.
Example of Reginal Integration
(ASEAN) – Association of Southeast
Asian Nations. The Philippines are
part of the ASEAN Nation since we
are part of a Southeast Asian Country.
(EU) - EUROPEAN UNION
(AU) – THE AFRICAN UNION
(NAFTA) – THE NORTH AMERICAN
FREE TRADE AGREEMENT/
(UNASUR) – UNION OF SOUTH
AMERICAN NATIONS
Regionalization and Globalization
1 Regionalization
It is the process of dividing an area into smaller
Segments called REGIONS:
Ex. Division of Nation into States or Provinces.
Businesses also use Regionalization as
Management
2 Tool.
Globalization
It is the process of International
Integration arising from the
interchange of World views,
products, Ideas, and other aspects
such as Technology, etc.
NATURE
Nature plays a significant role in both
globalization and regionalization.
1 Globalization
Promotes integration of
economies across state
borders all around the World.
2 Regionalization
Divides an area into
smaller segments.
MARKET
Market plays a significant role in both
globalization and regionalization.
1 Globalization
Allows many corporations to trade
on the international level. (It allows free market)
2 Regionalization
Monopolies are more likely to develop.
Monopoly means one producer controls
the supply of goods or services. The
entry of products is prevented or highly
restricted. Their aim is to DEVELOP.
Cultural and Societal
Relations
Cultural and Social Relations play a
significant role in both globalization
and regionalization.
1 Globalization
Acceleration to multiculturalism
through free and inexpensive movement
of people.
2 Regionalization
Does not support multi-culturalism
Aid
Aid play a significant role in both
globalization and regionalization.
1 Globalization
Globalized international
communities are more willing to give
aids to countries stricken by disasters.
2 Regionalization
A regionalized area doesn’t get
involved in the affairs of other
areas.
Technological Advances
Technological Advances play a
significant role in both globalization
and regionalization.
1 Globalization
Has driven great advances in technology.
2 Regionalization
Advanced technology is rarely
available in one country or region.
This regional power block appears to work
fine, the member states fit very
well together because of the following
factors:
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. 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.
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.
The countries under the Non-Alignment
Movement (NAM) refused to side
with the capitalists (Western Europe & North
America) or the communists
(Eastern Europe).
More questions about PowerPoint?
Select the Tell Me button and type what you want to know.
Visit the PowerPoint team blog
Go to free PowerPoint training
SELECT THE ARROW WHEN IN SLIDE SHOW MODE
