Development

Emerging and developing markets are competing to attract outside investment and playing an even greater role in the global economy.

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Revitalizing the Trilateral Partnership

Small and medium economies of the Indo-Pacific are looking to build critical infrastructure now to meet their economic demands. The U.S., Australia, and Japan can capitalize on this unique moment in the Indo-Pacific’s development, but they need to prioritize addressing the remaining barriers to public-private infrastructure partnerships.

Global Challenges 2021: Connectivity

Accompanying our MERICS China Forecast 2021 event, MERICS experts wages a look at three global challenges in 2021, namely decoupling and the evolution of multilateralism, cooperation and competition in the climate crisis, and the development of connectivity in a world plagued by a pandemic. For every section we are proud to introduce a very accomplished and knowledgeable guest.

Broken Tooth’s BRI Bluff

A notorious ex-gangster from China is launching an $18 billion economic development zone in Myawaddy, Myanmar under the banner of the Belt and Road Initiative (BRI). But experts say the project’s plans are centered on illegal gambling. If true, this could spell trouble for Beijing.

The AIIB’s Risky Pandemic Response

The Asia Infrastructure Investment Bank’s (AIIB) response to Covid-19 may determine its emerging role in development finance, for good or ill. While it has responded quickly and substantially to the pressing needs of its members, these actions risk contributing to debt risks, institutional overreach, and perceived favoritism towards Beijing.