Uploaded by Mazi Keen

A WORLD OF REGIONS

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A WORLD OF REGIONS (Summary)
A world of regions Governments, associations, societies and groups form regional organizations and
networks as a way of coping with the challenges of globalization.
Second, the word regionalization and regionalism should not be interchanged as the former refers to the
regional concentration of economic flows while the latter is apolitical process characterized by economic
policy cooperation and coordination among countries.
Countries form regional association for several reason. The Soviet Union responded by creating its
regional alliance called THE WARSAW PACT consisting western European countries Moreover, there are
countries that form regional blocs that protect independence.
Young Christians across Asia, Africa, Middle East, the Americas, and the Caribbean formed Regional
Interfaith Youth Networks to promote "Conflict prevention, resolution, peace education, and sustainable
development. The Migrant Forum in Asia is another regional network of NGOs and trade unions
“committed to protecting and promoting the rights and welfare of migrant workers.
While the European Union has long been the most developed model of regional integration, it was
severely shaken by the recent economic crisis, causing increasing doubts about the integration process.
The crisis has temporarily weakened the EU's status as a model for regional integration, but as the EU
recovers its confidence, as it always has after previous crises.
As the most successful case of regional integration, the European Union has been leading the international
debate.
In the past few years new regional practices have emerged in other continents, thus adding to the variety
and scope of regionalization processes.
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