Catch my chapter on ‘Twenty-First Century Chinese-African Hydropower Projects in Perspective’ in the new edited volume The Political Economy of Hydropower in Southwest China and Beyond published by the Palgrave International Political Economy Series.
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Twenty-First Century Chinese-African Hydropower Projects in Perspective
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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."
