2. Contemporary Centres of Power
The chapter explores the emergence of alternative centers of power following the end of the bipolar structure in world politics, notably focusing on the European Union (EU) and the Association of Southeast Asian Nations (ASEAN). It examines how these organizations have developed to create political and economic strength, alongside China's significant rise as a major global player. Their interactions and challenges are assessed in terms of regional agreements and the impact on global politics.
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What we have learnt
- The EU has evolved from an economic union to a more political entity, influencing trade and security policies.
- ASEAN facilitates regional cooperation and stability among Southeast Asian nations, respecting national sovereignty.
- China's transition to a market economy has positioned it as a major economic power, influencing global trade dynamics and international relations.
Key Concepts
- -- European Union (EU)
- A supranational organization that has developed from economic to political integration, aiming for cooperation among member states on various issues.
- -- ASEAN
- The Association of Southeast Asian Nations, formed to promote economic growth and regional stability among its member countries through informal cooperation.
- -- China's Open Door Policy
- Economic reforms initiated in China in the late 1970s aimed at increasing productivity through foreign investments and technology.
- -- Regional Integration
- The process by which countries in a particular area enhance their cooperation and coordination on economic and political matters.
Additional Learning Materials
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