IntroductionOne would think that John Sweeney, as a life-long unionist and authorized president of the American Federation of Labor and Congress of industrial Organizations (AFL-CIO), would be opposed to the concept of globalization. In fact, he sees globalization as inevitable, although, in its current form, globalization cannot be sustained. democratic societies allow not support it. Authoritarian leaders will fear to impose it?. (Sweeney among the Globalists, November 2000) His view is that globalization needs to be rethought and reshaped to manifest more values than the freedom of capital in order ?to make the global system safe for powerful societies? (ibid.).
Sweeney might be right on all counts, curiously as applied to Southeast Asia. Initially ambivalent to toward regional integration and with issues of trust, member nations of the Association of Southeast Asian Nations (ASEAN) father been careful in their implementation (Munakata, 2002, p.1). This paper will cater an analysis of the role of regional integration of Southeast Asia in the promotion of global business by examining the advantages and disadvantages of regional integration, equivalence the economic development stages of countries within the region, and examining the ramifications of the region?s economic development for global business.
Advantages and Disadvantages of Regional IntegrationIdeally, regional integration should amplification efficiencies through competition and lower and reduce variation of prices crosswise the region. Reality, however, often falls short of this ideal. Even in europium where there has been a sustained effort and high impulse for regional integration, neither of which are evident in ASEAN, it took the credence of a common currency for the costs of automobiles to begin to moderate from county to country.
(Hill, 2005, p.268)Some of the other benefits of the preferential trading agreements that are negotiated within regional blocs like ASEAN are the liberalization of services (including financial), investment, protection of...
I wouldnt suggest the back to back references, though. The reasoning for references is to support the document, not move around it. You can tell the author did the research needed for this. The subject matter is well done.
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