Lesson 7
explore the various local movements that have emerged.
A final way to see as a regional alternative was to:
Japan
Created Hello Kitty
China
Kung Fu
Asia
Became the saviours of economies. From being the extortions, the raw materials, cheap labors, the region transformed as the market of surplus goods
Financial Globalization
Contributed to the rise of corruption wherein foreign borrowers divert terms to their interest rather than the development of their countries. (for example Marcos and his booming 150B dollars)
Economic Underdevelopment, Globalization primary developed, and Financial Globalization
Disadvantages of Globalization
For example, the village of Santi Tuk in Thailand created their own currency following the Asian financial crisis that struck the region in Thailand
Example of exploring the various local movements that have emerged.
a process that transforms the asia pacific and south asia
How is Globalization pushed into the region? (from an externalist view) from this perspective, globalization is being understood as:
Political Development
Is the political progress that brings to the countries as democracy based on a very important role in the spread of globalization. Globalization and democracy is being paired in colonized countries like Japan was forced over to their markets after WWII.
Japan
It is a stable country in the force of economic and strategic growth relevance in today's global system
South Korea
Kpop
Globalization primary developed
Relatively closed between the state and business elites that favoured them to the small businesses.
Prime Minister Mohammed Mahathir of Malaysia
Said that "Asia has culturally distinct characteristics that make it different from WESTERN LIBERAL DEMOCRACIES."
The Japanese colonialism
The _____ in 1930s and 1940s. Japan's colonization of the region replicated imperial relationships in East and Southeast Asia with new masters.
CHINA and INDONESIA
The economic growth of these 2 cpuntries contributed to political force it brought to regional and global players.
Cambodia, Laos and Nepal.
There is a great variation between the countries in Asia and South Asia. Some of the world's most economically developed states are in the continent of Asia such as Japan, South Korea or Taiwan but is also home to highly impoverished countries such as:
The regions of Asia and South Asia
These region provided opportunities for the developed countries to further their improvement inventory.
EAEC (East Asian Economic Caucus)
This was floated as early as 1990 as an alternative to APEC. The proposed members were ASEAN. The US strongly objected but Japan saw the exclusion of US as a threat to their partnership so they immediately veteod the idea.
Japanese Colonialism, EAEC (East Asian Economic Caucus), explore various local movements that have emerged
What are the Anti Global Impulse: Regional Alternatives to Globalization
Economic Development and Political Development
What are the advantages of Globalization?
Globalization of Asia
it is a one way or an irreversible process where it deals with the changing cultures, upbringing, politics, economy and social/cultural aspects of countries.
Economic Underdevelopment
it makes it difficult for local business to flourish due to foreign companies taking over competition.
Economic Development
was introduced as a help from US, Europe and other world powers as a phenomenon that it would be a hope for Asian and Pacific countries for better companies.