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Any adequate analysis of the relationship between globalization and regionalization necessarily requires fundamental understanding of the worldviews underlying the views expressed with respect to the nature of the relationship between globalization and regionalization. This paper is based on the premise that any worldview can be associated with one of the four basic paradigms: functionalist, interpretive, radical humanist, and radical structuralist. It argues that any view expressed with respect to the relationship between globalization and regionalization is based on one of the four paradigms or worldviews. It, therefore, discusses four views with respect to the relationship between globalization and regionalization which correspond to the four broad worldviews. The paper emphasizes that the four views expressed are equally scientific and informative; they look at the relationship between globalization and regionalization from a certain paradigmatic viewpoint. Emphasizing this example in the area of the relationship between globalization and regionalization, the paper concludes that there are opportunities for each paradigm to benefit from contributions coming from the other three paradigms.