A political economist by training, her research examines state and business behavior in global infrastructure competition and its social, environmental and fiscal implications. Her work examines these dynamics through the intersection of private and public sector actors in comparative global infrastructure lending and energy development in Asia and Africa. She is particularly interested in state-capital market interactions in the financialization of infrastructure and South-South asymmetric dependency.
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Pon Souvannaseng is Assistant Professor of Global Studies at Bentley University.
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August 1, 2024
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."