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27 Cards in this Set

  • Front
  • Back

An area of land that has common features. These features can be natural, such as climate or landscape. They can also be artificial, such as language or religion.

Region

Refers to regional concentration of economic flows.


The process of intensification of social, economic or other collaboration within specific geographic regions

REGIONALIZATION

ASIA as a continent

World's Largest Continent


30% of earth's landmass


Most Populous Continent


60% of world's population


North: Arctic Ocean


South: Indian Ocean


East: Pacific Ocean


West: Europe, Red sea and Atlantic Ocean

West asian countries

Armenia


Bahrain


Jordan


Iraq


Qatar


Cyprus


United Arab Emirates


Oman


Georgia


Israel


Iran


Yemen


Kuwait


Lebanon


Saudi Arabia


Azerbaijan


Turkey

Central Asian countries

Kazakhstan


Kyrgyzstan


Tajikistan


Turkmenistan


Uzbekistan


Afghanistan

SOUTH ASIAN COUNTRIES

bangladesn


BUTANE


Maldives


Sri lanka


Nepal


India


palistan

East Asian countries

China


North Korea


South Korea


Magnolia


Japan

South east asian countries

Brunei


Laos


Vietnam


Malaysia


East timor


Indonesia


Myanmar


Philippines


Cambodia


Thailand

integration of economies across state borders all around the world

Globalization

specific geographical portion of the world.


dividing an area into smaller segments called region

Regionalization

REASONS IN FORMING REGIONS

For military defense


For pooling resources


To mitigate economic crisis

Would lead to investment growth, tourism growth and robust exports.

GREATER ASIAN INTEGRATION

FACTORS TO GREATER ASIAN INTEGRATION

Mutual Benefit


Similar Culture


Common Goals

THE ASIAN INTEGRATION

1 Driven by the Market


2. Establishment of Institutions


3. Economic grants and overseas development assistance programs


4. Production Networks


5. The Asian Bond

FACTORS TO GREATER ASIAN INTEGRATION

Mutual Benefit


Similar Culture


Common Goals

THE ASIAN INTEGRATION

1 Driven by the Market


2. Establishment of Institutions


3. Economic grants and overseas development assistance programs


4. Production Networks


5. The Asian Bond

Jica means

Japan International Cooperation Agency.

Apec means

Asia pacific economic cooperation

FACTORS TO GREATER ASIAN INTEGRATION

Mutual Benefit


Similar Culture


Common Goals

THE ASIAN INTEGRATION

1 Driven by the Market


2. Establishment of Institutions


3. Economic grants and overseas development assistance programs


4. Production Networks


5. The Asian Bond

Jica means

Japan International Cooperation Agency.

Apec means

Asia pacific economic cooperation

They responded as a group and individual member

Asian Response to Globalization and Regionalization

As a group

I. they establish the Asian Development Bank


2. they work on different forms of loans and grants


3. they share information especially on security like terror groups


4. they work for the achievement of ASEAN


Declaration

As individual

I.Countries make bilateral and multilateral agreements


2. started dialogues in formulating visions, shared goals and roadmap for regional cooperation.

Saarc means

South Asian Association for Regional Cooperation International Business

Adb means

Asian development bank