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What is Regionalization

Innovative Strategic Planning and International Collaboration for the Mitigation of Global Crises
It is the decomposition of the world into smaller economic units and regional integration groupings.
Published in Chapter:
The Impact of the Spread of COVID-19 on Globalization: The Future of Globalization
Lenka Nigrinová (University College of Business in Prague, Czech Republic)
DOI: 10.4018/978-1-7998-8339-5.ch011
The text analyzes the changes in the process of globalization which have occurred in connection with the spread of COVID-19 and determines the possibilities for further development. It is based on the definition of globalization according to the OECD. Several years before the pandemic came, and globalization entered a phase of slowdown. It was called deglobalization. The main facts that caused this process were financial recession in 2008 and changes in USA and China economic relationship. The pandemic has weakened economic growth in many countries, reduced trade and travel, and introduced restrictive measures. The effects of a pandemic for individual states depend on the extent to which the states are connected in global production and trade networks. Three scenarios and their impact on globalization, trade, and the world economy are introduced.
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The Eurasian Economic Union (EAEU) From the Perspective of International Relations (IR) Theories
Regionalization can be defined as intensification of intra-regional social and economic interactions ( Goltermann, Lohaus, Spielau & Striebinger, 2016 , p. 5).
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Economic Development Alliances
The growth in the importance of metro regions and larger regions (the Pacific rim, or the Dallas-Monterrey corridor), as changing technologies and sociologies reduce the relevance of existing state and national political boundaries.
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Internationalizing Quality Assurance Systems With International Accreditations in Slovenian Higher Education: Globalization and Regionalization Influences
The process of intensification of social, economic or other collaboration within specific geographic regions, such as the European Union, or the European Higher Education Area in the field of higher education.
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Economic Nationalism and Corporate Social Responsibility
Processes of greater international interaction and integration of markets and institutions occurring in specific geographic regions illustrated by the North American Free Trade Agreement (NAFTA) or the European Union (EU).
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