Development Finance

More from the Series

Blog Post

Should Developing Countries Borrow Internationally to Finance Social Sector Development?

July 17, 2019
I’ve been given two kinds of arguments in support of not borrowing for social sector projects. The first is about their ability to repay the borrowing by generating enough foreign exchange.  And the second is skepticism about the productivity of government spending in these areas. Let me ...
Blog Post

Principles for Debt Transparency: A Few Steps Forward, a Few Questions Linger

May 29, 2019
When the G20 ministers of finance and central bank governors meet in early June, adoption of the Principles for Debt Transparency recently promulgated by the Institute of International Finance will be on the agenda.
Blog Post

What a Railway in Laos Can Tell Us about China’s Belt and Road

May 17, 2019
The Chinese-financed effort to build a national railway through Laos is a quintessential project of the Belt and Road Initiative.
POLICY PAPER

The Kunming-Vientiane Railway: The Economic, Procurement, Labor, and Safeguards Dimensions of a Chinese Belt and Road Project

May 17, 2019
The Kunming-Vientiane railway is an anchor investment of the Chinese government’s Belt and Road initiative. This case study will assess the rail project along four dimensions: economic implications; procurement arrangements; labor; and environmental and social safeguards. In each of these area...