Thirty years of globalization has brought widespread economic growth to Southeast Asia. For example, both the Philippines and Viet Nam have taken great strides to reduce poverty rates and burgeoning export oriented growth has enhanced foreign trade. Today, the Strait of Malacca, a pivotal regional waterway wedged between the coast of Sumatra, Indonesia, and Malaysia, facilitates the flow of about 30 percent of world products each year.

Read the full paper, originally published in Center for Information on Security Trade Control, here.