The paper "Why Regionalism Is a Popular Strategy of Coping with Globalization" is a good example of business coursework. Both regionalism and globalization are highly recognized because they shape the contemporary system of world politics. Regionalization can be defined s being the growth of the social integration within a specific region which also includes the undirected processes of economic and social interaction among different units. On the other hand, Globalization can be defined as being the intensification of political, cultural, social and economic relations across the borders. It can genuinely be asserted that indeed, regionalism has now become a popular strategy of coping with globalization due to numerous reasons.
The aim of this paper is to depict how regionalism can indeed be termed as being the best or popular strategy of coping with globalization (Hart 2003). Being a dynamic process, regionalism can, therefore, be better comprehended as being a continuing process in which different regions are formed or created not only as geopolitical units but also as organized political cooperation units in a specific group of either regional communities such as “ pluralistic security communities” or even states.
In addition to that, regionalism can be termed as being the proneness of the peoples and governments of either two or even more states to establish or create voluntary associations and also pool together their material and non-material resources so as to create common institutional and functional arrangements. Why Regionalism is better placed in Coping with Globalization Regionalism is better placed to cope with the globalization process because through it, different types of actors; for instance, regional institutions, states, societal organizations and even other non-state actors are able to come together and share some specific fundamental norms and values.
It is also these actors that are responsible for taking part in a growing network of cultural, economic, military, political, diplomatic and scientific interactions that are also included in globalization. Regionalism, being the purposive “ proneness of creating or establishing regional arrangements or institutions” can greatly be used to cope with the uneven impacts of globalization. Regionalism is a popular strategy of coping with globalization because apart from the fact that it is an essential component of the convergent trends of the globalization process, it is also a response of challenge towards the overlapping trends in globalization (Hamori et al 2013). Regionalism is a popular strategy of coping with globalization because it has now emerged in contemporary society as being a very potent force or factor in the globalization process.
Given the fact that globalization can be regarded as being the compression of spatial and temporal aspects of the sociological relations, then ultimately, regionalism may well be understood as being but just one chapter or component of globalization. Regionalism is, therefore, a popular strategy of coping with globalization because it helps the national economies in the world to become more competitive and active in the world market.
Indeed, regionalism helps in regional integration that also results in multilateral cooperation on an international or global level. As a result, the regional integration process can be regarded as being part and parcel of the global or international economic order that when impelled by the raw materials of the market is capable of resulting into an essential component of the globalization process.
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