👉 Regionalization is a process in which countries or regions are integrated, often through trade agreements or other mechanisms, to achieve economic cooperation and development. It involves the transfer of resources and technologies from one region to another, with the aim of improving the overall performance of economies within each region. This can include sharing infrastructure, developing research and development projects, and establishing regional networks for trade and investment. Regionalization is often seen as a way to improve efficiency, reduce costs, and promote economic growth in regions that