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From 2003 to 2004, in an initiative to promote India both as a production and investment destination, reduce foreign dependencies, and support its strategic economic interests abroad, India dramatically changed its international development assistance policy[i]. It began transitioning from being not only a recipient but also a donor of foreign aid. Then Finance Minister Jaswant […]
BY MAX NATHANSON The China-Pakistan Economic Corridor (CPEC) will change Pakistan. CPEC — a proposed network of highways, power plants, and Special Economic Zones (SEZs) worth a reported $62 billion — is set to bring Pakistan more than double the entire volume of foreign direct investment that the country received since 2008. But who, exactly, […]
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