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Politics

US, Japan can aid Asia's infrastructure boom, CSIS says

Asia's economic growth has fueled a boom in infrastructure investment across the region. China has taken a lead role with its newly launched Asian Infrastructure Investment Bank and its Belt and Road Initiative -- also known as "One Belt, One Road" -- which aims to improve connectivity and cooperation between China and the rest of Eurasia.

Matthew Goodman

While the U.S. and Japan cannot offer as much investment as China in the region, they can offer their expertise and high standards, according to Matthew Goodman, the William E. Simon chair in political economy and senior adviser for Asian economics at the Center for Strategic and International Studies. The Washington-based policy research organization recently launched an online database of infrastructure projects throughout Asia to help scholars, policymakers and others get a better understanding of the thousands of projects being planned or carried out.

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