Via Clingendael – the Netherlands Institute of International Relations – a report on a recently completed BRI project in Africa: The Gouina Hydroelectric Plant in Mali has begun commercial operations, according to China’s state media. The plant is a BRI project, built and largely financed by China. Construction started in 2013 and was delayed several […]
Read more »Via ABC News, a report on the G-7’s new global infrastructure plan: The Group of Seven nations on Sunday began rolling out a global infrastructure initiative in a bid, as they described it, to promote “stability” and improve conditions in developing and middle-income countries around the globe. The Partnership for Global Infrastructure and Investment plans […]
Read more »Via Noah Pinion, an article on Indonesia: I’ve been writing a series of posts about economic development. The last 20 years have seen a marked acceleration in the rate at which poorer countries — not just China, but many countries — are catching up to richer ones. Among the success stories I’ve profiled so far are Bangladesh, […]
Read more »Via STRATFOR, a report on Ecuador’s oil production: In Ecuador, nationwide protests risk disrupting oil production, potentially impeding the country’s economic growth and ability to mitigate its growing debt burden. Ecuador’s state-owned energy company Petroecuador has suspended exports of Oriente crude, its most popular hydrocarbons export, as part of a force majeure issued on June 29. […]
Read more »Courtesy of The Financial Times, an article on Ethiopia’s economy: Ethiopia’s prime minister Abiy Ahmed said this month that his government would negotiate with fighters in the northern Tigray region to end a war that has not only unleashed human rights abuses and killed thousands of people but has also derailed one of Africa’s most […]
Read more »Via The Atlantic Council, a comparative analysis of the Marshall Plan and China’s BRI: China’s flagship Belt and Road Initiative (BRI) is often directly compared to the United States’ postwar Marshall Plan. The comparison is made due to the BRI’s scale, global infrastructure investment ambitions, and geopolitical and security ramifications. But how accurate is this […]
Read more »