This Comment consists of six parts. Part II discusses the BUILD Act and the establishment of the IDFC, which is the mechanism through which the US is shifting its global investment strategy. In Part III, China’s approach to global economic development is explored in a discussion of China’s RBI initiative, the primary motivation for the US change in global investment strategy. Part IV analyzes investments in health systems and the opportunity the U.S. has to invest in health system projects in Sub-Saharan Africa. Part V proposes the implementation of guidelines and regulations on the IDFC during the transition period as the detailed plan of IDFC awaits approval from Congress. Finally, Part VI then reaches the conclusion that the direction that the IDFC appears to be taking is detrimental regarding its foreign relations with Sub-Saharan Africa as the US shifts from an aid to trade-based approach.
The Build Act: A Shift in U.S. Global Investment Strategy and Its Impact on Sub-Saharan Africa,
Emory Int'l L. Rev.
Available at: https://scholarlycommons.law.emory.edu/eilr/vol34/iss2/5