Infrastructure Archive

Dropping oil prices and alternative sources have resulted in dramatic changes for the global energy sector. As new players and relationships emerge, traditional powers, particularly Russia, still wield energy as a geostrategic weapon. This report covers the politics of energy over the past year. As Oil Prices Drop, Some Seek Hidden Hands Behind Market ForcesBy Frida GhitisOct. 23, 2014 Europe EU Seeks Energy Security Solutions to Russian Gas ChallengeBy Richard WeitzJune 3, 2014 Russia’s Energy Ambitions Explain Putin’s Zigzags on UkraineBy Nikolas GvosdevJune 27, 2014 Russia’s Energy Leverage Over Europe, Ukraine Considerably DiminishedBy Keith SmithMarch 4, 2014 Turkey Positions Itself […]

As a former World Bank official, Columbia University academic and Afghan minister of finance, newly elected Afghan President Ashraf Ghani faces high expectations to turn his country’s war-torn economy around. Having actually written the book on fixing failed states, he now faces the challenge of putting theory into practice. Ghani’s deep skepticism of the merits of foreign aid and extractive industries positions him well to avoid the pitfalls of putting either at the economy’s helm. While aid levels will likely decline as foreign troop numbers continue to dwindle, Ghani’s real challenge will be nurturing Afghanistan’s fragile minerals sector while managing […]

For the past decade, Panama’s economy has been roaring. With GDP growth averaging 8.24 percent from 2003 to 2013, Panama’s economy looked more like that of the so-called East Asian Tigers than many of its neighbors, particularly to the north, and the comparison to Asia does not end there. As the government moves to widen the Panama Canal to accommodate wider shiploads and makes massive investments in infrastructure, including ports and the first-ever subway in the capital city, Panamanian authorities have proclaimed that they want to be the Singapore of the Western Hemisphere—the region’s main logistical hub. While in terms […]

“The New Egypt” wants New York City to know that it is open for business. Coinciding with Egyptian President Abdel Fattah el-Sissi’s arrival in New York last month for the U.N. General Assembly meeting, billboards appeared on the sides of buses, the roofs of buildings and a huge Nasdaq video screen in Times Square, promoting Egypt’s “Peace, Prosperity and Growth,” over a Pyramid-centered mash-up of Pharaonic temples and the Suez Canal. An Egyptian businessman whom el-Sissi had in tow reportedly paid for the campaign. Weeks later, U.S. Secretary of State John Kerry was in Cairo for a Gaza donors’ conference, […]

After a hiatus following the 2008 financial crisis and the upheavals of the Arab Spring, multibillion-dollar “mega-projects” are once again being built at breakneck speed in the oil- and gas-rich kingdoms of the Persian Gulf. At first glance, their resumption signifies that the Gulf states have successfully weathered the Middle East’s political and economic storms in recent years. Moreover, successful bids for global events such as the 2020 World Expo in Dubai and the 2022 World Cup in Qatar will ensure a continuing focus on major infrastructural developments through at least the end of the decade. But there’s another story […]