In 2013, the American Society of Civil Engineers estimated that the United States had $3.6 trillion in unmet infrastructure needs, equal to 25% of its GDP … (Iran) is certainly adding infrastructure at a faster pace — it is building more subways and high-speed roads than the United States, in a much smaller territory.
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How Iran’s Economic Gain from a Nuclear Deal Might Affect Its Foreign Policy
Posted July 13th, 2015 at 1:02 pm (UTC-4)
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Infrastructure as a Tool of Foreign Policy
If I were in charge, I would do an about face and reverse America’s formal opposition, skepticism, and attempts to persuade allies not to join the AIIB. I would say, drop the act and join the AIIB because you’ll never be able to influence its policies unless you’re a member.