The small Pacific Island nation of Palau offers some big lessons for how Washington, Tokyo and Canberra can transform common concerns about China into allied action.
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Senior officials from the United States, Japan, Australia, and OECD discuss efforts to mobilize infrastructure investment and expand the availability of high-standard projects.
During their first in-person summit, leaders from the four Quad countries—Australia, Japan, India, and the United States—announced a new infrastructure coordination group that will resonate in the Indo-Pacific and beyond.
The Asian Infrastructure Investment Bank’s (AIIB) newly revised environmental and social framework appears to tick all the boxes, but it includes too many loopholes and caveats that undermine accountability and public access to information.
As the U.S. and its allies strengthen their Development Finance Institutions (DFIs), they must strike a balance between fostering their domestic competitiveness, advancing geopolitical goals, and promoting growth in developing countries.