Global Infrastructure Development

A Strategic Approach to U.S. Leadership

China’s recent global infrastructure development initiatives serve to place it at the center of Asian regional and worldwide economic activity, while also meeting a critical need in the developing world. In marked contrast, the United States lacks a strategic approach to supporting global infrastructure investment. While the U.S. government does have the instruments in place to increase support for infrastructure investment, there is little coordination among relevant agencies, including the Overseas Private Investment Corporation, the Trade and Development Agency, and the Export-Import Bank. This report examines how the United States has approached infrastructure development in the past and how it is approaching it today with an eye toward practical recommendations to improve the United States’ ability to support infrastructure investment.

 

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Daniel F. Runde
Senior Vice President; William A. Schreyer Chair; Director, Project on Prosperity and Development
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Conor M. Savoy
Senior Fellow, Project on Prosperity and Development

Charles F. Rice