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What does balkanized mean?

Looking for the meaning or definition of the word balkanized? Here's what it means.

Verb
  1. simple past tense and past participle of balkanize
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Examples
The C. D. Howe Institute, in its review of the productivity of Canada's financial services, called Canada's balkanized securities regulation all but unique in the developed world.
Continuing with a balkanized approach will limit Canada's ability to be a leader in this global competition.
What precisely does a balkanized Africa lose in relations with major world powers?
But he said that this won t happen if the African continent is balkanized.
Many people are likely to object strongly to Mr. Craig's balkanized Internet.
There was no linear progression from an authoritarian racial state to a non-racial democracy, from a country balkanized on ethnic lines to one with a secure national culture.

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