Emerging and developing markets are competing to attract outside investment and playing an even greater role in the global economy.
This report discusses the estimated $1 trillion annual global infrastructure gap and provides recommendations on how U.S. agencies and multilateral development banks can better incentivize private-sector investment in global infrastructure.
Many of the proposed projects will be delayed or never built, but those that are will transform the region.
While the Belt and Road Initiative has the potential to fund valuable new transit infrastructure, it also risks stirring domestic political competition, fueling networks of graft and rent-seeking, and not fulfilling its transformative potential.
Russia in a Reconnecting Eurasia examines the full scope of Russian national interests in the South Caucasus and Central Asia and analyzes the broad outlines of Russian engagement over the coming years. It is part of a six-part CSIS series, “Eurasia from the Outside In,” which includes studies focusing on Turkey, the European Union, Iran, India, Russia, and China.
Georgia in a Reconnecting Eurasia examines the full scope of Georgian national interests in the South Caucasus and Central Asia and analyzes the broad outlines of Georgian engagement over the coming years. It is part of a four-part CSIS series, “The South Caucasus in a Reconnecting Eurasia,” which includes studies focusing on Georgia, Armenia, Azerbaijan, and the South Caucasus.