Assignment: Metacognitive Reading and Report on COVID-19 (Optional): Read the article online and

complete the personal statements that follow.

Sustainability of ASEAN integration, competition policy, and the challenges of COVID-19 Hassan Wagaya,
Journal of Antitrust Enforcement, Volume 8, Issue 2, July 2020, Pages 305 308,
https://doi.org/10.1093/jaenfo/inaa019 Published: 11 June 2020

1. The (3) three things that I significantly learned from the assigned reading are...

I learned that, this year 2020, Asian countries is expected to stall at zero percent economic growth
because of the Covid19 pandemic.

I learned that, Asian countries are experienced global tourism slowdown, and by lower commodity
prices.

I learned that, economic activities in one country impact on the markets of another, just like the given
example that Vietnam cuts off it's rice supply for their own domestic consumption.

2. The (3) three things that are still unclear to me are ...

It is still unclear to me that support, domestic demand stimulus in a recovery are the only ways that help
to during the transition period?

It still unclear to me about the global shutdown that may happened now.

It is unclear to me, about the concept of light touch approach.

3. I used to think that ..

I used to think that this pandemic is easy to cope up, and to sustain the global and regional economic
growth. That there were only few effects from the international integration, it turns out I was wrong

4 The three (3) questions that I want to ask about the reading are...

Of the 10 Member States of ASEAN, six have already introduced some form of COVID-19-related control
measures and restrictions, what happened to the 4 members? What is their current state?

Different ASEAN countries applied different approaches, what are those factors that to consider in
creating and implementing the said approach?

What is/are approaches taken by the Philippines? Is it effective or not?

1. Differentiate regionalization from globalization.

Globalization focuses in different aspects such as economic and social process, culture, ecology and
political ideology. Overall Globalization shows the movement and exchanges of; goods, services, capital,
culture and human labor throughout the world. Globalization affects each and every nation that is
connected to build a strong relationship and influences their own politics and culture. While
Regionalization refers to the creation of regional treaties and that aims to increase the cooperation,
integration, or political involvement between states in a specific region. Regionalization links states
regions in a coutry, moreover countries that belong to the same regions exhibits this phenomenon. As a
fact, Regionalization subordinate to globalization.

2 What are the factors that lead to a greater integration of Asian regions? Give examples for each.

Factors Leading to a Greater Integration

1) MUTUAL BENEFIT - when it comes to trade, these nations can readily supply each other's needs.

Example: Two or more asian countries must benifit from the investment of foreign countries. Thus
mutual benefit that all the members had an advantage establish a more connection and linkage that
leads to a greater integration.

2) TRADE - The world economy is intertwined with each other whether we like it or not. We all want or
need something from another part of the world, and global trade facilitates that.

Example: Philippines exported electronic chips and circuits to China where they needed to produce
machines and other electronics, then China imported to us with eletronic machines and prioritize their
structural investment in the Philippines.

3) SIMILAR CULTURE - The cultures of Asia is diverse but they do share many things. This makes it an
easier fit during times of negotiations.Tthe people of this region are generally alike in appearance,
temperament which is seemingly peaceful. They tend to get along quite well even on an individual level.

Example: Because of geographical locations, similar cultures in Thailand, Malaysia and Singapore are
evident, This culture indirectly binds countries, making negations and agreements between those
countries.

4) COMMON GOALS The Asian region recognizes the mutual benefit of a slow integration. The territories
involved are not far from each other and the industriousness of its population can work as a powerful
negotiating block against those from other parts of the world.

Example: The common goal of poor countries is to increase their socioeconomic status of their country,
with the help of the big countries that aims to help and promote global prosperity. This action lead to a
better integrity of all natuons involved.

5) SIMILAR SECURITY NEEDS - aside from small localized rebels, this association needs only to contend
with foreign-supported terrorist groups which are usually handled well.

Example: One of the problems faced by western and southeast asian regions is the treat of terrorism,
because of this, nations established relationship for their national securities, they often negotiate in
dealing Isis terrorism and other rebellion. In the Marawi, Philippines the whole city was under rhe
control of tge Isis terrorist group, with the help of the UN and the United States, Marawi now is at
peace.

6) TRADE AGREEMENTS

Example: Countries often trade, simmigly trade agreements are established in two or more countries. It
helps to regulate the amount of export and import in the global trade union, thus creating a bond
between all the countries involved and lead to a greater integration of Global trade networks.

3. How do Asian states confront the contemporary challenges of globalization, regionalization, and
pandemic?

Asia and the Pacific enters’ 2020 with weaker economic conditions, globally as well as regionally and
expected to soften further, not least because of the evolving Corona virus 2019 situation. This pandemic
seriously disrupted the global economic growth which led to a sudden slowdown in manufacturing,
trade, employment and tourism activities. People every day in over 150 countries are getting infected by
this COVID 19 and affected both local and global activities. Aside from this pandemic, there are other
global and regional issues that hinders the functioning of various societies. Such as economic
breakdown, treat of terrorism and natural disasters. Each country is doing its best to face the said issues,
with the help of international commission in gloabal and regional socioeconomic activity. The WHO
releases guidelines to help countries maintain essential health services, “The best defense against any
outbreak is a strong health system, COVID-19 is revealing how fragile many of the world’s health
systems and services are, forcing countries to make difficult choices on how to best meet the needs of
their people stressed WHO Director-General Tedros Adhanom Ghebreyesus. Aside from this
comparative advantage in Southeast as