One American Initiative After Another: To What Effect?
Aug 25, 2022
3 minutes
By Lu Daxin
Copyedited by Elsbeth van Paridon
In June 2021, U.S. President Joe Biden debuted at the Group of Seven (G7) Summit, declaring “America is back at the table.” He offered an ambitious plan titled Build Back Better World (B3W), promising to help narrow the $40-trillion-plus infrastructure gap in the developing world by 2035.
Fast forward one year and the G7 leaders reunited, only to find the initiative in tatters. It lacks real effect as relevant bills are still stalled in the
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