My article manuscript, ‘Fast Finance & the Political Economy of Catastrophic Dam Collapse in Lao PDR’ is now out in Pacific Affairs Vol. 97, Issue 2: https://pacificaffairs.ubc.ca/articles/fast-finance-and-the-political-economy-of-catastrophic-dam-collapse-in-lao-pdr-the-case-of-xe-pian-xe-namnoy/
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Pacific Affairs Article Now Out
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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."
