Southeast Asia’s Growing Importance to Global Trade
![ASEAN and Australian leaders at a summit in Melbourne, Australia, March 4, 2024. Photo credit: George Chan / SOPA Images via Reuters Connect.](https://static.jstribune.com/jst-site/wp-content/uploads/2024/03/10175117/asean_n-1-1024x554.jpg)
The world is in the initial stages of an evolution in the structure of global trade. While popular narratives about the era of globalization described a wide dispersion of trade flows and supply chains to all corners of the world, the reality was different. Global trade remained very concentrated. For example, close to 40 percent […]