Caixin
Nov 24, 2014 05:05 PM

A Hundred-Year Stagnation? For Who?

The creation of the Asian Infrastructure Investment Bank (AIIB) is a necessary objective. Anyone who travels in the Far East finds confirmation of the desperate lack of efficient networks. With the exception of Japan and other developed economies, countries see their ambitions reduced by chronic underdevelopment.

How can we forcefully industrialize agrarian countries if the goods produced are not transported on paved roads, via trucks, for eventual export? Is it reasonable to use polluting energies to then spend the earnings cleaning the air and water after only a few years?

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