When a Big Energy Project Turns Bad |
BISHKEK—For a major infrastructure project to succeed, it must be underpinned by sustained political support and sound economics. When political and strategic considerations are allowed to dominate decision-making, and long-term economic assessments suffer as a result, projects can fail before they start. This appears to have been the case with the Central Asia-South Asia Electricity Transmission and Trade Project (CASA-1000).
Politics 4 The Strong Suffer What They Must Harold James marvels at the major powers’ loss of credibility, military prowess, and international influence.
The Strong Suffer What They Must
Carl Court/Getty Images Longer Reads 1 What Ukraine’s Success Means for the West Chrystia Freeland Many Western experts, if not most, got the Ukraine war wrong from the very beginning (some still do). One lesson from the dynamism and sheer chutzpah that has characterized Ukrainians' fight for survival is that we live in an age of technological marvels and political failures. thinks the important lesson for democracies to draw is not to lose confidence in themselves.
What Ukraine’s Success Means for the West
Many Western experts, if not most, got the Ukraine war wrong from the very beginning (some still do). One lesson from the dynamism and sheer chutzpah that has characterized Ukrainians' fight for survival is that we live in an age of technological marvels and political failures.
Economics 3 Why Business Leaders Are Souring on AI Dambisa Moyo Companies have poured billions of dollars into AI in anticipation of transformative productivity gains and cost savings, but the returns have yet to justify those investments. Rising costs, intellectual-property risks, and mounting cybersecurity threats call for a more disciplined approach to AI adoption. outlines four steps that firms should take........