Economy, asked by quilagsynelmae, 6 hours ago

In what way does Asian countries exceed the challenges of globalization and regionalism

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Answered by jasmin2185
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Answer:

It is plain to see that globalization has changed Asia’s role in the world. Less obvious, perhaps, are the changes that globalization is bringing about within Asia

Answered by kumbharepratiksha
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Answer:

Globalization and Regional Security - The impact of globalization on Asia's security is complex. New transnational threats – Globalization has contributed to the rise of energy and environmental issues, food and water access, migration, and organized crime and terrorism as major security concerns.

globalization has had a major impact on Asia's role in the world economy. As recently as a decade ago, the developing countries of Asia accounted for only one-sixth of world output. In particular, economies with relatively high wage costs are shifting toward higher value-added products, including services.

While this approach has served the region well in the past, the drastic changes experienced since the 2008–2009 financial crisis and the challenges Asian countries are facing—growing inequalities and competition, on the one hand, and enhanced threats to the environment and people's health on the other—have rendered

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