The New Regionalism

The New Regionalism refers to a trend in international relations and economics where countries band together in regional groups to enhance cooperation on trade, security, and cultural exchange. Unlike earlier forms of regionalism, which often focused on political boundaries, the New Regionalism emphasizes interconnectedness and collaboration among nations. This can lead to stronger economies, shared resources, and collective responses to challenges like climate change. Examples include the European Union and ASEAN. Overall, the New Regionalism reflects a growing recognition that global issues are often best addressed through cooperative regional approaches.