In the Global South, the rush to create green economies risks leaving behind workers in the informal sector unless there are targeted efforts in education and job training—policies and talking points often left out of this new green rush. Chile, considered to be Latin America’s most developed economy, is a case in point.
The China that is reemerging onto the world stage after its multiyear pandemic shutdown is very different than the one that launched the Belt and Road Initiative a decade ago. Beijing seems interested in reshaping its role as an international development partner. The results of those efforts could transform global development itself.