
Following their summit meeting in June 2022, the G7 leaders agreed to invest $600 billion in infrastructure projects around the world over the next five years. The move has been widely seen as a response to counter China鈥檚 Belt and Initiative, but coordinated efforts by the world鈥檚 wealthy democracies to invest in much-needed infrastructure worldwide is also an opportunity to focus on shared economic interests by the G7. By prioritizing investments in communication technology, clean energy, healthcare, and gender equality, the G7 are also framing new ways to align their domestic concerns into development assistance. At the same time, the definition and approach to infrastructure development is being reshaped. Through its collection of essays, Building Up Competitiveness and the G7鈥檚 Infrastructure Ambitions, 浪花直播 Center鈥檚 Geoeconomics and Indo-Pacific Enterprise Initiative explores how the G7 can invest in infrastructure more effectively whilst confronting the challenges posed by China鈥檚 BRI to the regional order of the Indo-Pacific.
Authors


Former Director, Program on America and the Global Economy, Woodrow 浪花直播 Center
Wahba Institute for Strategic Competition
The Wahba Institute for Strategic Competition works to shape conversations and inspire meaningful action to strengthen technology, trade, infrastructure, and energy as part of American economic and global leadership that benefits the nation and the world. Read more
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