Question

In: Economics

How is regionalism different from and yet a part of globalization? What is the difference between...

How is regionalism different from and yet a part of globalization?
What is the difference between state-to-state regionalism and non-state regionalism?
What triggers various regionalist projects?

Solutions

Expert Solution

1) Globalization affetcs economic, political processes at the global level, but regionalization invloves, first of all consideration of various events and the needs of specific areas of the country.

Regionalism is the part of globalization because regionalism has responded to cultural globalization through an increase in cultural identity and the rise of regionalist parties. Although it could be argued that regionalism is simply placing the international system on a large scale, the amount of stability and regulation that comes with regionalism is incomparable.

2) In classic regionalism the Nation-State is the preeminent actor, while new regionalism proponents hold that non-state actors like multinational corporations, non-governmental organizations, and other interested social groups, must be considered when analyzing how and why regions choose to integrate.

3) End of cold war and related consequences both enabled and motivated regionalism. Advances of globalisation, existing economic interdependence levels and globalization of structures of international economy in particular led states to engage in projects which try to deal with the forces of the global market.


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