Summary

This document examines the contemporary world, focusing on the global south, Asian regionalism, and the ASEAN integration process. It explores the challenges and opportunities associated with economic disparities, globalization, and regional cooperation.

Full Transcript

THE CONTEMPORARY WORLD Global South – less-developed countries of the Southern Hemisphere. Asia - a continent known for its cultural diversity and economic dynamism. Economic disparities - can contribute to political instability and governance challenges in Latin America. Asian Regionalism – The...

THE CONTEMPORARY WORLD Global South – less-developed countries of the Southern Hemisphere. Asia - a continent known for its cultural diversity and economic dynamism. Economic disparities - can contribute to political instability and governance challenges in Latin America. Asian Regionalism – The process of Asian countries coming together to foster cooperation, integration, and collective decision-making within the region. ASEAN - Aims to promote economic integration, political cooperation, social progress, and cultural development. ASEAN founding members - Brunei Cambodia Indonesia Laos Malaysia Myanmar Philippines Singapore Thailand Vietnam United Nations – identified central goals in the 2030 Agenda for Sustainable Development Regional Organizations – collective name for ASEAN, SAARC, and BIMSTEC. APEC – Promote sustainable economic growth and prosperity in the Asia-Pacific region. Discrimination - The unjust treatment of people based on their ethnicity, age, sex, or disability. Colonial Mentality – Refers to the perception that one’s identity is inferior compared to foreign culture and ethnicity. Economic Growth - The integration of Philippine industries into global markets has led to positive effects, such as increased GDP and foreign direct investment. Trade and Investment - Regional economic integration efforts such as the ASEAN Free Trade Area. Cultural Exchange – fosters cultural interaction, regional identity and cohesion. Soft Power and Diplomacy – utilizes cultural diplomacy, tourism, and educational exchanges. Global Market - challenge faced by Latin American countries regarding equal access due to trade barriers, tariffs, and unequal trade agreements. Business Process Outsourcing (BPO) - This has contributed to overall GDP growth and increased foreign direct investment. Legal and Social Stigma - Continued discrimination based on SOGI in legal frameworks and societal attitudes, shaped by regional responses to global influences.

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