Role of Regions in global development
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Regional development encourages economically disadvantaged communities to improve their economic, social, cultural and environmental well being by realising the full potential of a region's resources and its inhabitants.
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Regionalism has responded to cultural globalization through an increase in cultural identity and the rise of regionalist parties. ... Therefore, it has been properly argued that regionalism is in fact a building bloc of achieving global peace and cohesiveness through its more specified and regulative approach.
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