•
The interaction between the three has various forms based on the issues under consideration • EG: the nature of interaction among the three on issues of economic and security directly differ.
– Hence, it is vital to differentiate the issues before addressing the nature of interaction EG: assessing the complex relation between regionalization
and globalization – in the international economy, globalization and regionalization appear to be pushing states indifferent directions
– but there is today no major impetus towards globalization
in the security arena, perhaps with the exception of nuclear issues. Thus, regionalization of security is not a universal trend like the formation of economic regions
4.10. The Relations between Regionalization and Globalization • There are three possible options regarding the mutual relations between regionalization and globalization
A. convergent trends(regionalization as a component of globalization) – By helping national economies to become more competitive in the world market, regional integration will lead to multilateral cooperation on a global scale.
– The
process of regional integration can be interpreted as part of the international Share with your friends: