Build Back Better World Initiative: A Partnership Against or Beyond China?

Delivering sustainable economic growth
Aug 12, 2021 | Manohar Parrikar Institute for Defence Studies, New Delhi, Jagannath Panda

Building influence through infrastructure financing and enabling connectivity has been at the core of the Belt and Road Initiative (BRI) that Beijing has advanced since 2013. In this brief of the Manohar Parrikar Institute for Defence Studies, New Delhi, Jagannath Panda discusses the strategic objectives of the venture and its relevance in a rapidly evolving democratic-authoritarian divide triggered by U.S.–China rivalry. He argues that although the Build Back Better World (B3W) initiative has been framed as a competitor to BRI, that narrative derives from a broader U.S.–China power competition. B3W has  areas of focus distinct from BRI and can be both a complement and a competitor to the BRI. Once implemented, B3W could become one of the largest infrastructure-focused initiatives of the democratic world, extending from Latin America and the Caribbean to Africa to the Indo-Pacific.
https://www.idsa.in/issuebrief/build-back-better-world-initiative-jpanda-090821

print button Print
Related Articles:

Popular Articles

Poverty as a Wicked Problem

The belief that poverty can be prevented by identifying and dealing with its causes, and the...  Read More

Is Mars Ours?

Jun 13, 2021 | The New Yorker, Adam Mann

NASA and China having landed mobile rovers on the surface of Mars has raised the question of...  Read More

Think Local and Act Global - A Conversation with GGF 2030 fellow Cara Stauß

Nov 15, 2018 | Global Policy,

World affairs, diplomacy and trade are no longer solely the domain of nation-states, as cities...  Read More

Global Extreme Poverty

According to household surveys, 44 percent of the global population lived in absolute...  Read More

Popular Videos

A Message from Alan Doss, President of the Kofi Annan Foundation

Highlights from the G20 Think Tank Summit GLOBAL SOLUTIONS in Berlin

Happy Birthday Kofi Annan!

T20 Summit GLOBAL SOLUTIONS – Sean Cleary

Global Trends, Risks and Rewards — Where Are We Now, Where Are We Going?