Notesale: Turn your study into money

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By definition, Regionalization is the segmentation of states under one region allowing 2
or more states to join together and share resources to form mutual institutional
arrangements
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Through regionalization, states that are able to build partnership through an aligned
approach, mutually agreed perspectives and approaches, opens a big opportunity of
competitiveness that can eventually lead to gradual multilateral cooperation
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Globalization's effect in Asian countries has resulted in a larger economic impact in terms
of growth and progress
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With the more united and mutually aligned domestic policies, most Asian countries were
able to mobilize their domestic savings which lead to a substantial increase in private
income flows
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The openness of the economy, with a free port and with eliminated capital controls,
countries like China which is the center of production and product supply, have gained
greater and wider reach on trades with the barriers being eliminated, which makes for

progressive liberalization of all capital transactions that benefit not just the state, but the
global economy as well
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Is there really a “first world”, “second word”, and “third world”? Justify your

answer
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This ranking scheme was said to have been coined by French
demographer Alfred Suavy in 1952 with his article in L’Observateur “Three Planets, One
World”
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Personally, I don’t think that such a ranking should exist based solely on which
perspectives and approaches a country supports
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I personally consider the term as discriminating and offensive as it creates division and
discrimination defying the goal of globalization which is global progress across all
nations
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It also diminishes the spirit and confidence of the respective country’s citizens in terms of
being globally competitive
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The gains may still remain a productive addition to the economy but not count as much
compared to being sold for what it’s really worth
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Do you consider the Philippines as a “third world” country? If YES, why? If NO,

why not?
I personally don’t consider the Philippines as a 3rd world country
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Naturally, we possess massive natural resources
allowing our people, even those that have limited access to modernization to survive and
maintain a decent living
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We are actually being sourced by first world countries for our skillset
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Having said that, it is good to go back to one of the definitions of
countries considered to be 2nd world
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Both forms, as with
everything, have its advantages and disadvantages, and it may be a good time for us to
consider and discuss options which of both will benefit our country better, because in
essence, I think if the governance improves, all factors will take flight
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It is only through cross-border sharing of skills and
resources that a country fully thrives, therefore, can not be solely recognized and
accredited for its progress that leads it to be termed as “first-world”
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Having said that, the roots of this dysfunction,
should just not be a country’s internal discussion, but should be made to be the main
focus of global organizations’ summits such as the ASEAN, in order to attain global
progress, instead of focusing on the country’s ranking, in order for countries to achieve
equal opportunities and recognition therefore resulting to equal chances for growth and
development without discrimination
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mometrix
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nationsonline
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https://borgenproject
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investopedia
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