Thread by @d_foubert

Great article by @JJCarafano.
Highlights 🧵

“For centuries, small powers across Europe and Asia have never had a chance to chart their own destiny. That could be changing with help of Europe & the USA.”
#3SI
1/11

jamesjaycarafano.substack.com/p/can-eurasia-…

“This future can, and in some respects is already being realized, through four interrelated projects: the European Three Seas Initiative, the reconstruction of Ukraine, an international effort for a “free and open” Black Sea, and the Middle Corridor.” @JJCarafano
2/11

“Together, the enterprises comprising the #EurasiaProject will serve as the new backbone of prosperity linking East and West.” @JJCarafano
3/11

“The upshot is that in the modern world not all great powers are equal.” @JJCarafano
4/11

“Some make more promising partners, not only bc they are willing to be actual partners and not overlords, but also bc together they have the abundance of global capital to invest, represent huge markets, and advanced technological and engineering know-how and capabilities.”
5/11

“Private investment and wealth creation, not dependence on the government and outside aid, should be at the center of Ukraine’s reconstruction strategy.”
@JJCarafano
6/11

“No country that has transitioned from poverty to economic prosperity has done so through foreign aid; it has done it by implementing pro-growth, free-market policies that unleashed the entrepreneurial zeal of its own people and drew in billions of dollars in foreign inv.”
7/11

“The much-touted post–World War II Marshall Plan was a limited aid program centered on reviving the private sector. The largest recipients of reconstruction aid over the past decades—countries like 🇦🇫, 🇮🇶, and 🇧🇦—have all failed as states.” @JJCarafano
8/11

“The Three Seas Initiative could provide the investment infrastructure 🇺🇦 needs and at the same time develop projects that better integrate the Ukrainian economy into the Eurasia project.”
@JJCarafano
9/11

“The major obstacle to the rapid rebuilding of 🇺🇦 is that reconstruction will be hijacked by govs, International Institutions like the World Bank & the self-interested aid industry, locking the country into debilitating aid dependency and eventually eroding its resilience.”
10/11

“Greater reliance on the Three Seas Initiative development fund as an alternative instrument of reconstruction is one way to combat the West’s impulse to rebuild wrong.” @JJCarafano
11/END

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