Economic Federations?

I'm not even sure if the term federation is the right term but I'll use it for now.

Current Federations

1. USA
2. European Union
3. Russia
4. Canada

Need to create a Federation

1. Latin America (Central and South America)
2. North East Asia (Japan and Korea)
3. South East Asia
4. Middle East
5. Africa
6. China and India

Basically, the idea of a nation needs to be dissolved. It's economically imposible for small countries to compete in the global market and third world countries can't waste their time competing against each other for trade business with first world countries/federations! Nations need to learn from corporations where alliances are made based on profit and not emotions. Just look at Sony, IBM and Microsoft! They compete on certain markets but on other markets where cooperation is mutually beneficial, they cooperate!

(sent the above to some friends and I got a few responses... here's my reply to them)

I agree with a lot of the responses. I should have clarified earlier that the concept of a nation that I was refering to is the concept of a "small" nation which can't compete in terms of resources: both natural and human. Specialization will help but in the context of being part of a larger organization.

If we look around us living here in the United States. We have a very decent form of self-government. It's hierarchical in scope but local in daily practice. Most of us don't even participate in the local space yet it still works.

The preference of grouping nations in terms of geography addresses the issues of dealing with different time-zones and transportation of goods and services. Not all businesses and government agencies can be turned into 24 hour shops.

Militarily, bullying a small nation is very easy, however, bullying a larger entity is not.

On the concept of retaining one's own culture or ethnocentrism, I would argue that it is inevitable that all cultures need to learn how to deal with each other locally. Metropolitan areas are a
great example of this yet, just 100 miles east of Seattle, it's a whole different story :)

-Joseph