M2 Post-Task Regional Economic Integration
M2 Post-Task Regional Economic Integration
M2 Post-Task Regional Economic Integration
Classification as
Regional Member
Specific Goals The Rich North/
Economic Countries
The Poor South
Integration
1. European Union The European Austria – Rich The European Union
Union's mission is North corresponds to the rich
Date Founded: to give economic Belgium – Rich north since in 2019, it
November 1, 1993 assistance and North contributed 19.9 trillion
strengthen Bulgaria – Rich dollars to the global
Treaties: Treaty on the relationships North economy, accounting for
functioning of the among its Croatia – Rich 15.3 percent of global GDP,
European Union, The members through North making it one of the world's
Treaty on European fostering Cyprus – Rich top and greatest economies
Union harmony, North (Amadeo, 2021). The
integrity, safety, Czech Republic – unrestricted movement of
and equality. They Rich North commodities inside the
also hope to Denmark – Rich European Union improved
promote and North their worldwide status. The
appreciate Estonia – Rich European single market
cultural diversity North acted as a spur for EU
among the Finland – Rich nations' economic growth
countries North and development.
engaged. France – Rich
fight prejudice North
and Germany – Rich
socioeconomic North
marginalization
Greece – Rich
create an North
economic and
Hungary – Rich
monetary union
North
with the euro as
Ireland – Rich
its currency
North
improve EU
Italy – Rich North
nations' economic,
Latvia – Rich
social, and
North
territorial
Lithuania – Rich
coherence and
North
unity
Luxembourg –
Rich North
Malta – Rich North
Netherlands –
Rich North
Poland – Rich
North
Portugal – Rich
North
Romania – Rich
North
Slovakia – Rich
North
Slovenia – Rich
North
Spain – Rich North
Sweden – Rich
North
2. African Union To advocate and Burundi – Poor Even if its countries have
support African South enormous natural
Date Founded: solidarity on Cameroon – Poor resources, the African
July 2, 2002 problems that South Union adheres to the
concern the Central African impoverished south. Poor
Treaties: General continent and its Republic – Poor governance, a poor
Convention on the people. South education, and a lack of
Privileges and Chad – Poor South health services all
Immunities of the To promote Congo Republic – contribute to their poverty.
Organization of African democratic values Poor South Funds designated for
Unity, Constitutive Act and institutions, DR Congo – Poor important sectors are not
of the African Union as well as public South dispersed effectively due to
involvement and Equatorial Guinea dishonest personnel.
effective – Poor South Another element
governance. Gabon – Poor contributing to Africa's
South poverty is World Bank and
To develop IMF loans, which come with
Sã o Tomé and
greater African stringent terms that
Príncipe – Poor
unity, coherence, influence economic growth
South
and cooperation decisions.
Comoros – Poor
among African South
counties and Djibouti – Poor
nations. South
Eritrea – Poor
To encourage South
long-term Ethiopia – Poor
economic, South
political, and
Kenya – Poor
cultural growth,
South
as well as the
Madagascar –
unification of
Poor South
African
Mauritius – Poor
economies.
South
Rwanda – Poor
To protect its
South
member states'
Seychelles – Poor
independence,
South
territorial
sovereignty, and Somalia – Poor
freedom South
South Sudan –
Poor South
Sudan – Poor
South
Tanzania – Poor
South
Uganda – Poor
South
Algeria – Poor
South
Egypt – Poor
South
Libya – Poor
South
Mauritania – Poor
South
Morocco – Poor
South
Sahrawi Republic
– Poor South
Tunisia – Poor
South
Angola – Poor
South
Botswana – Poor
South
Eswatini – Poor
South
Lesotho – Poor
South
Malawi – Poor
South
Mozambique –
Poor South
Namibia – Poor
South
South Africa –
Poor South
Zambia – Poor
South
Zimbabwe – Poor
South
Benin – Poor
South
Burkina Faso –
Poor South
Cabo Verde – Poor
South
Cô te d’Ivoire –
Poor South
Gambia – Poor
South
Ghana – Poor
South
Guinea – Poor
South
Guinea-Bissau –
Poor South
Liberia – Poor
South
Mali – Poor South
Niger – Poor
South
Nigeria – Poor
South
Senegal – Poor
South
Sierra Leone –
Poor South
Togo – Poor South
3. CARICOM Trade and Azerbaijan – Poor Because most of its
commercial links South members are less
Date Founded: August with foreign Armenia – Poor economically advanced
1, 1973 countries are South nations, the
being expanded. Belarus – Rich Commonwealth of
Treaties: The Treaty of Improvements in North Independent States, or CIS,
Chaguaramas Collective global Georgia – Poor belongs to the
Security Treaty, START competitiveness South impoverished south. In
II Treaty Increased output Kazakhstan – Poor truth, the vast majority of
and productivity South its members are
via administration Kyrgyzstan – Poor categorized as developing
Increasing the South countries. Tajikistan,
amount of Moldova – Poor Kyrgyzstan, and Armenia
economic South have been listed as some of
influence Russia – Rich Asia's poorest nations.
North These countries, like the
Tajikistan – Poor United States, rely on
South imported commodities and
are plagued by corruption.
Turkmenistan –
Poor South
Uzbekistan – Poor
South
Ukraine – Poor
South
4. MERCOSUR Mercosur's Argentina – Poor The Mercado Comn del Sur
primary goal is to South (MERCOSUR) is believed to
Date Founded: March improve the Brazil– Rich North be in the impoverished
26, 1991 performance and Paraguay– Poor south since all of its
Treaties: Treaty of profitability of all South member nations are poor
Asuncion partner countries Uruguay– Poor due to a lack of accessibility
by expanding South to fertile land and
markets and Venezuela– Poor inefficient resource
encouraging South allocation, among other
economic factors.
development in a
globalized
economy.
5. ANDEAN Increase Bolivia, THE RICH NORTH:
Community employment Colombia None
creation and Ecuador
Date Founded: May 26, income Peru
1969 development. THE POOR SOUTH:
Encourage them Bolivia, Colombia, Ecuador,
Treaties: Cartagena to take part in the Peru
Agreement, national economic
Complementary integration.
Agreement in the Minimize the
Authoritative Sector member nations'
external
vulnerability.
Strengthen
subregional
cooperation
Continue to
increase your
living standard.
6. Commonwealth of The Azerbaijan THE RICH NORTH:
Independent States Commonwealth of Armenia Russia
(CIS) Independent Belarus
States' mission is Georgia
Date Founded: to develop Kazakhstan
December 8, 1991 coordination Kyrgyzstan THE POOR SOUTH:
throughout all Moldova Azerbaijan, Armenia,
Treaties: Charter socioeconomic Russia Belarus, Georgia,
Treaty and political Kazakhstan, Kyrgyzstan,
Tajikistan
matters in order Moldova Tajikistan,
Turkmenistan
to increase the Turkmenistan, Uzbekistan,
Uzbekistan
effectiveness of Ukraine.
Ukraine
life of its
members. It also
conforms to
foreign and
domestic policies
and promotes
unification in
order to maintain
the safety and
security of its
people.
Globalization intensified the North-South separation by further exposing the disparity between states. The
Global North is seen to be rich, while the Global South is considered to be less industrialized. On the other side,
Globalization influenced the Division by decreasing the gap amongst each nation by forming new alliances,
organizations, and chances to aid and enrich nations, particularly those in the Global South, permitting them to
become equal economically through their Northern counterparts.
2. Describe the relationship between Globalization and the rise of transnational crimes and terrorism?
Boundaries among countries have been removed as a result of globalization, and global security has suffered as
a result. It has given transnational criminals and terrorists greater opportunity to function efficiently, allowing
them to thrive. Telecommunications, as well as poverty as a means of recruiting, have contributed to the expansion
of illicit networking. Because of globalization, terrorists can obtain guns and other illicit products from one nation
and sell them in another. As a result, global crimes and terrorists benefit greatly from globalization.
Part 2. In 100 words make an analysis of how the new concept of global relations emerges from the experiences of
Latin-American countries.
Commerce, productivity, labor market, and demographic growth are positive consequences of
globalization, whereas negative effects include community divergence, increasing transitional, and regional
relocation, and infrastructure deficiency. Changes in the international economic scenario have four main effects on
the region: an improvement in international rate of interest, increased challenges in Economic growth due to the
financial vulnerabilities, improved US protectionism as well as its impact on the Chinese economy, and a higher
level of inconsistency regarding the advancement of the primary economic factors, such as exchange rates among
major currencies.
DMD 2A