Regionalization and Regionalism Quiz

Global Divides: The North and the South

• The gap between rich and poor countries has widened, with 800 million individuals living in extreme poverty, mostly in Africa, Asia, and Latin America.
• The unfair distribution of global wealth and income has created two distinct worlds: the rich North and the poor South.
• The South has not been able to eliminate poverty, hunger, disease, squalor, and ignorance, and their social and economic conditions have worsened.

History of Global Politics: Creating an International Order

• Since the 1990s, liberals have claimed that global governance has become a prominent feature of global politics as a response to and an attempt to shape the process of globalization.
• Global governance has grown through the increase in the number and importance of international organizations (IOs).
• Examples of global governance include the EU and the Washington Consensus institutions.

Asian Regionalism

• Asian regionalism is the result of economic interaction, not political planning.
• Successful, outward-oriented growth strategies have led to Asian economies growing richer and closer together.
• New technological trends and the rise of the PRC and India have strengthened ties among Asian economies.
• The 1997/98 financial crisis highlighted Asia's shared interests and common vulnerabilities, leading to regional cooperation.

Regionalization and Regionalism

• Regionalization refers to the regional concentration of economic flows.
• Regionalism is a political process characterized by economic policy cooperation and coordination among countries.
• Countries form regional associations for several reasons, including military defense, pooling resources, protecting independence from superpower politics, and responding to economic crises.

Contemporary Challenges to Regionalism

• Resurgence of militant nationalism and populism.
• Financial crises, such as the Greek crisis and Brexit.
• Countries' disagreement over the extent to which members should sacrifice their sovereignty for regional stability.

Media and Globalization

• Media is a means of conveying information, with types including print, broadcast, and digital media.
• Media is highly useful and essential for institutions, including political and economic actors.
• Media globalization refers to the worldwide integration of media through the cross-cultural exchange of ideas.
• Social media has democratized access and challenged previous ideas about media and globalization.
• The spread of disinformation and propaganda through social media has become a significant threat to media globalization.

Test your knowledge on the concepts of regionalization and regionalism, as well as the reasons why countries form regional associations. This quiz is based on a module from Technological University of the Philippines Visayas for educational purposes only.