Question

In: Economics

Be sure to include information and/or arguments that will demonstrate your clear understanding of the different...

Be sure to include information and/or arguments that will demonstrate your clear understanding of the different topics discussed on Globalization.
1. Explain three (3) general issues or problems of regional organizations when applied to the case of Association of the Southeast Asian Nations (ASEAN).

2.Is the term “Sustainable Development” a 21st century concept? Explain your answer.

3.What are the asymmetrical differences between the Global North and the Global South? Explain the asymmetric nature of this disparity

Solutions

Expert Solution

Globalization is the process of connection and easy flow of goods between the countries not only goods and service but also business and people countries etc...

1. ASEAN means association of the southeast Asian nations so mainly for join this they are considering some conditions like
Economy or organizational growth
Organization contribution and development,poor level of productivity,
Low rate of capital formation etc..

2) Sustainable development means appropriate or optimal exploitation of available resources so that not only the present needs can be fulfilled but also the resources of future generations should be keep in mind. Not only this sustainable development is twenty first century concept also having before. it is also part of economic development

3) globally have many asymmetry of economic relationship between the countries.The country's economy which within the framework of world economy and that were characterized by a asymmetry of their state and development. Which is reflected in the inequalities between these globally bases countries .these asymmetrical effect mostly seen in the global north and global south countries.


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