Category: B3W
Scholar: G7’s B3W is Just a Bad Copy of China’s Belt and Road
It's been a month since the G7 unveiled its new "Build Back Better World" (B3W) initiative that aims to rival China's Belt and Road Initiative by providing an alternative source of infrastructure development financing that is presumably more transparent and sustainable. So far, ...
Leading Development Experts Try to Decipher the B3W and Whether It Can Present a Viable Alternative to China’s BRI
There's been a lot of discussion since the Group of 7 countries announced the creation of the new Build Back Better World (B3W) initiative. It is nominally intended to help developing countries build badly-needed infrastructure. But B3W also includes an underlying political objective: presenting an alternative, some ...
If the U.S. is Going to Challenge China in the Infrastructure Space, It Will Have to First Overcome a Lot of Skepticism in the Global South
The Biden administration has made it clear that it wants to directly challenge China's dominance in the Global South in both infrastructure development and vaccine distribution. In addition to facing a formidable competitor who has a significant head start in both areas, the U.S. will also have ...