Group-B
11. What is Regionalism?
Answers
Answer:
Regionalism is defined as a political ideology that favors a specific region over a greater area. It usually results due to political separations, religious geography, cultural boundaries, linguistic regions, and managerial divisions. Regionalism emphasizes on developing the administrative power and swaying the available or some inhabitants of a region. Activists of regionalism claim that instituting the governing bodies and civil authorities within an area, at the expense of a national regime, will significantly increase local populations by improving the local economies through the distribution of resources and execution of local policies and strategies.
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POLITICS
What is Regionalism?
Regionalism is a political ideology that favors a specific region over the greater area.
What is Regionalism?
Poster for Bloc Quebecois, a political party in Quebec Canada. Editorial credit: EQRoy / Shutterstock.com
What Is Regionalism?
Regionalism is defined as a political ideology that favors a specific region over a greater area. It usually results due to political separations, religious geography, cultural boundaries, linguistic regions, and managerial divisions. Regionalism emphasizes on developing the administrative power and swaying the available or some inhabitants of a region. Activists of regionalism claim that instituting the governing bodies and civil authorities within an area, at the expense of a national regime, will significantly increase local populations by improving the local economies through the distribution of resources and execution of local policies and strategies.
the Merits of Regionalism
Since regionalism is a political ideology that only favors a specific region, its impact may affect the entire society or just a segment of the community. Regionalism can impact a region’s economy through various ways. A well-formulated trade bloc can raise productivity and economic welfare in its associate countries by enhancing consumer choice and growing the competition that producers encounter. Dropping tariff barriers expands markets and gives more efficient producers access into states where their prices had been exaggerated by duties and other trade barriers.However, it is important to note that trade blocs easily add up instead of removing distortions and trade efficiency.
In regionalism, it is essential to note that economic profits do not only come from trade as some benefits may also come as a result of cooperation in investment and financial activities. Economic impacts of regionalism can be categorized into different classes, those effects arising from trade, effects arising due to investment and monetary cooperation. Trade-related consequences have its positive impact in that regional integration entails the promotion of free trade among the associate countries of a local organization. The main reason for the benefits from trade is that the universal, unrestricted trade permits buyers and organizations to buy from the cheapest source of supply; this ensures that production is located according to comparative advantage.
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Answer:
The political ideology which favors a specific region over a greater area is called Regionalism. Cultural boundaries, religious geography, and political separations are some of the prime factors that lead to regionalism. It is the ideology that highlights the local identity and the politicians focus on the specific territory and target the national agenda towards the local interests and autonomy. It can have both positive and negative impacts consequences. While it can be helpful for regional development, it is harmful to the nation's identity.