Really thrilled to present preliminary findings and article manuscript to colleagues at the Development & Change workshop in the Hague this past week. Wonderful to engage with new and old faces. Stay tuned for the Forum Issue 2023.
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Development & Change Publication Workshop
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Remarks in Reuters Special Report on Africa’s Debt Bomb
"The episode shows how developing countries are stuck between two undesirable options for development financing, Souvannaseng said. With long-term, low-cost multilateral lenders like the World Bank, she said, the “the bureaucratic process … to get money — it’s long, it’s tedious, a lot of them find it very humiliating.” But the “high risk, high reward” international bond market, while a quick source of money, “is first and foremost concerned with yield, not with developmental aims,” she said."
