Globalization - the flow of goods, services, people and capital across borders - has stimulated global growth and facilitated the rise of many emerging markets in recent decades, according to a Euromonitor International analysis, which however points out that, following the financial crisis of 2007-2008 , the globalized economy has been affected by major geopolitical tensions, as well as an expansion of trade conflicts and protectionism, as a result of the change in the global economic balance of power.
RCEP, Maritime Cooperation And Achieving Peace In The South China Sea – Analysis eurasiareview.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from eurasiareview.com Daily Mail and Mail on Sunday newspapers.
Australia is a strategic partner of Việt Nam in the South Pacific. Cooperation between the two countries is developing effectively in various areas while the exchange of delegations and high-level meetings has been maintained.