what are the Consequences of the North and South Divide:

what are the example of Asian Regionalism:

China's ambitious infrastructure development project aims to connect Asia with Europe and other regions.

The North has well-developed infrastructure, including advanced transportation systems, high-speed internet, and cutting-edge technology. The South often lacks these basic amenities.

A major city that is a hub for international trade, finance, and culture, often serving as a center for global decision-making. Example: New York City is often referred to as the "Capital of the World" due to its status as a global financial center and hub for international organizations.

The sharing of ideas, customs, and values between people from different cultures or regions. Example: program between Philippines and South Korea allows students to study abroad and learn about each other's cultures.

Countries in Asia have signed numerous trade agreements to promote regional trade and investment.

The North has access to high-quality education and healthcare systems, while the South often faces challenges in these areas.

Regional institutions will facilitate greater cooperation on issues like security, finance, and environmental protection.

what are the implications of Asian Regionalism:

A formal association of governments or other entities that work together to address global issues or promote cooperation. Example: The United Nations (UN) is an international organization that brings together representatives from nearly 200 countries to promote peace, security, and human rights.

The protection and defense of a region from external threats or internal conflicts. Example: The North Atlantic Treaty Organization (NATO) is an alliance that provides regional security to its member states in Europe and North America.

Organizations like ASEAN (Association of Southeast Asian Nations) and APEC (Asia-Pacific Economic Cooperation) have been established to facilitate regional cooperation.

A sense of belonging and shared identity that is unique to a particular region or culture. Example: Tagalog culture: The Tagalog people are known for their love for music, dance, and theater. Metro Manila is often referred to as the "Cultural Capital" due to its vibrant entertainment scene, cultural institutions, and historic landmarks. The Sinulog Festival in Cebu, which is one of the largest and most popular festivals in the country.

An agreement between two or more governments that aims to promote cooperation on specific issues or projects. Example: Philippines-United States Bilateral Trade Agreement. The Philippines and the United States signed a bilateral trade agreement in 2014, which aims to promote trade and investment between the two countries and strengthen economic ties.

Asia has experienced rapid economic growth in recent decades, driven by countries like China, Japan, and South Korea.

The process by which the world becomes increasingly interconnected and interdependent, leading to a more unified global economy and society. Example: Globalization has led to the rise of multinational corporations and the outsourcing of jobs to countries with lower labor costs.

The divide affects global governance structures, as the North often dominates international decision-making processes.

Asian regionalism may challenge the dominance of Western economies in global governance structures.

The system of rules, norms, and institutions that govern activities within a specific region or community. Example: The European Union has a system of regional governance that includes the European Commission, European Parliament, and Council of the European Union.

The divide limits opportunities for individuals from the South to access education, employment, and healthcare in the North.

what are the Key Characteristics of the North and South Divide:

The concept of global divides refers to the significant disparities between the developed and developing countries of the world. The North and South divide is a significant example of this phenomenon, where the North typically represents the developed economies, such as the United States, Europe, and Japan, while the South represents the developing economies, including many countries in Africa, Asia, Latin America, and the Pacific.

refers to the increasing economic integration and cooperation among countries in Asia. This trend is driven by several factors:

The North has a significantly higher GDP per capita, with an average of around $50,000 per capita, compared to the South, which has an average of around $1,500 per capital.

is a defined area of the world that has common characteristics, such as culture, language, or economy. Examples: Europe, Asia, Africa, North America, South America, and Australia Region III (Central Luzon) Bataan, Bulacan, Nueva Ecija, Pampanga, Tarlac, Zambales

Japan has signed several FTAs with other Asian countries to promote trade and investment.

The process by which countries or regions become more connected and integrated with each other, often through trade agreements or economic partnerships. Example: The European Union is a prime example of regionalization, where member states have eliminated border controls and adopted a common currency.

The South has a higher incidence of poverty and income inequality, with many countries struggling to provide basic services to their citizens.

The North-South divide perpetuates economic inequality, as the North benefits from its economic power and global influence.

Asian regionalism is expected to increase trade among member countries, promoting economic growth.

The system of rules, norms, and institutions that govern global activities and relationships. Example: The World Trade Organization (WTO) is an international organization that sets rules for international trade and resolves disputes between countries.

what are the example of Key Features of Asian Regionalism:

aims to create a single market and production base by 2025.

A designated area where economic activities are regulated by specific laws and policies, often to promote trade or investment. Example: industrial Zone: a large area in a country where factories and manufacturing facilities are located. This is an industrial zone. Companies can set up factories and produce goods in this zone, taking advantage of special incentives such as tax breaks, low-cost utilities, and access to transportation infrastructure.