New from Sadek Wahba in American Affairs: “The Missing Institution: Infrastructure Investment in the Age of Strategic Competition.”
Wahba argues that America’s infrastructure problem is not a lack of capital, but a lack of institutions capable of deploying long-term capital at strategic scale. As AI, energy, supply chains, and industrial capacity become increasingly interconnected, financing infrastructure “project by project and election by election” is no longer sufficient.
The essay explores whether the U.S. should establish either a National Infrastructure Bank or a Sovereign Infrastructure Fund to support AI infrastructure, advanced manufacturing, energy systems, and other strategic sectors critical to long-term competitiveness.
A timely contribution to the growing debate over strategic infrastructure finance, productive capacity, and economic statecraft in an era increasingly defined by systems competition.
Read the full analysis.
Author
Sadek Wahba
Chair of WISC GAC, DRI Senior Fellow