Regionalization and Regionalism in East Asia

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Regionalization and Regionalism in East Asia
Hassive Santiago
Mind Map by Hassive Santiago, updated more than 1 year ago
Hassive Santiago
Created by Hassive Santiago about 8 years ago
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Resource summary

Regionalization and Regionalism in East Asia
  1. Regionalization
    1. Possitive
      1. Increased trade and investment linkages
        1. No coordinating government involved
        2. Fostering globalization by stimulating cooperation and competition
          1. Major economic regionalism because of major economic regionalization
            1. Prevention of financial crisis
              1. New and powerful economic flows
                1. Economic interdependence
                  1. Technological progress
                    1. NO armed conflicts since cold war area
                    2. Negative
                      1. Social and income inequality
                        1. Environmental problems
                          1. Facing challenges due to diversity
                            1. Asian values in some countries can produce deep fissures
                              1. Dependence of western countries
                                1. Changes won´t benefit in the same way all countries
                              2. Regionalism
                                1. Possitive
                                  1. Construction of security institutions
                                    1. Intraregional trade and capital flows
                                      1. Security issues improved mainly on the threat of nuclear weapons
                                        1. Create an East Asian Unity
                                          1. Achieved through bilateral means
                                            1. Sense of responsibility for the stability of world economic system
                                              1. Regionalism and Globalization for China are seen as complementary rather than contradictory forces
                                              2. Negative
                                                1. Lack of unity; geopolitical and economic differences
                                                  1. Lack of trust in other Asian nation due to past conflicts
                                                    1. The impact of AFC was different for each of the Asian Countries
                                                      1. Not attention for domestic policies
                                                        1. Rise of China as fear for surrounding countries that might be left behind
                                                          1. Caused de cesase of fire exchanges in the vicinity of the Spratly Islands since 2003
                                                        2. Opinion
                                                          1. I think that a deeper Asian Regional integration will occur in the future only if all the regions find a balance and learn how to take away all their differences. Also they need to work for a real regional cooperation in order for them to have a real economic development
                                                          2. Brenda Hassive Santiago Escobar A01335588
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