ORCID Profile
0000-0001-5513-5066
Current Organisation
Australian National University
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Publisher: Informa UK Limited
Date: 06-2021
Publisher: Wiley
Date: 2021
DOI: 10.1002/APP5.318
Abstract: Lao PDR's push for large infrastructure‐led economic growth has been delivered through a significant amount of financial leverage and a build‐up of sovereign debt obligations. The government now finds itself in danger of a sovereign default. This article traces the roots of this debt crisis over the past decade, focusing particularly on the role of hydropower. A significant share of infrastructure lending to Laos has been through Chinese policy banks. We argue that over‐lending to dam projects focused on the domestic energy market has been at the core of Laos' debt situation. Through 2020 the Lao Government has undertaken a series of restructuring measures, including privatisation of state assets, engaging in debt renegotiations with China, and attempts to secure new short‐term credit. We outline a range of other options Laos has to reschedule or restructure their sovereign debt, and offer policy targeted recommendations focusing on reforms in the energy sector.
Publisher: Informa UK Limited
Date: 25-04-2017
Publisher: Commonwealth Forestry Association
Date: 12-2004
Publisher: Springer Science and Business Media LLC
Date: 18-06-2020
Publisher: Routledge
Date: 13-09-2016
Publisher: Informa UK Limited
Date: 10-08-2018
Publisher: Elsevier BV
Date: 07-2019
Publisher: Wiley
Date: 2018
DOI: 10.1111/SJTG.12224
Publisher: Wiley
Date: 12-2004
Publisher: Informa UK Limited
Date: 14-06-2018
Publisher: Wiley
Date: 06-2009
Publisher: Informa UK Limited
Date: 06-12-2018
Publisher: Medknow
Date: 2014
Publisher: Informa UK Limited
Date: 12-2009
Publisher: Wiley
Date: 02-11-2020
DOI: 10.1111/GEOJ.12364
Publisher: Wiley
Date: 27-07-2016
DOI: 10.1111/APV.12123
Publisher: Commonwealth Forestry Association
Date: 03-2020
DOI: 10.1505/146554820828671535
Abstract: Four tree plantation models implemented in Lao PDR and a hypothetical model were compared in terms of the projected economic benefits and those realised by participating rural households, and households' attitudes to further plantation expansion. Models comprised two forms of land-sharing plantation concessions, and contract and independent tree growing. Benefits and costs over the plantation cycle were used to calculate net present values. Tree plantations contributed most to household livelihoods when companies engaged in a participatory land use planning process, where opportunities for household labour were greatest, and where plantation models allowed for intercropping by households. In contrast, where contracts were not honoured, crops cannot be grown jointly, or labour opportunities are limited, returns were not competitive with traditional swidden agriculture. Households were generally open to expansion of more beneficial models. These results suggest a set of principles for developing locally appropriate and beneficial tree plantation systems in Lao PDR.
Publisher: Informa UK Limited
Date: 03-2012
No related grants have been discovered for Keith Barney.