Event Summary
On June 12, 2021, President Joseph R. Biden Jr. and G7 leaders unveiled the Build Back Better World (B3W) partnership—an initiative to mobilize hundreds of billions of dollars of infrastructure investment for low- and middle-income countries in the coming years. The Peterson Institute for International Economics (PIIE) hosted Brian Deese, director of the White House National Economic Council, who presented the economic rationale that motivated this new initiative and why it plays a central role to the president’s broader economic strategy for the United States. The presentation was followed by a discussion with PIIE president Adam S. Posen.