Envisioned as a sustainable alternative to China’s BRI, US-led Build Back Better World (B3W) initiative seeks to narrow down infrastructure deficit in the developing world. However, with their several distinct areas of focus, BRI & B3W can possibly share both complementary & competitive equations.
Framing Japan’s Economic Security Agenda
The COVID-19 pandemic has situated the policy conversation on economic security at the centre stage of national security calculus not just in US and Europe but also in Japan. For Japan, it would entail attaining “strategic autonomy” in critical supply chains at the national level, and pursuing “strategic indispensability” at the global level.