Debt & Development Finance in a Changing Geopolitical Landscape with Nick Jepson

Debt & Development Finance in a Changing Geopolitical Landscape with Nick Jepson

In this episode, Seth and Jess are joined by fellow Second Cold War Observatory research associate and professor Nick Jepson. The conversation explores debt in the context of China-US rivalry while considering the nature of the current crisis/impasse and how we arrive here. It then turns to cases in Sri Lanka and Laos to explain the drivers of national debt and join many others who have debunked 'debt trap diplomacy. Nick concludes with thoughts on the border global financial system, where it might be heading, and how this looks in a world-historical context. Dr. Nick Jepson is the Leverhulme Early Career Fellow at the Global Development Institute and School of Environment, Education and Development at the University of Manchester. He studies the political-economic implications of the rise of China and is the author of In China's Wake (Columbia UP). His current project focuses on China's growing role as a financier of development projects across the world via the BRI. Related Links: Nick Jepson's book: In China's Wake How the Commodity Boom Transformed Development Strategies in the Global South Daniela Gabor. 2021. The Wall Street Consensus. Development and Change, 52(3). Jepson, Nick. 2021. Hidden in Plain Sight: Chinese Development Finance in Central and Eastern Europe. Development and Change, 52(5). Learn more about your ad choices. Visit megaphone.fm/adchoices

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Avsnitt(20)

Infrastructure, Nickel, and the Politics of Polyalignment in Indonesia

Infrastructure, Nickel, and the Politics of Polyalignment in Indonesia

Indonesia is often framed as a key arena of China-Japan-US competition in the Second Cold War. In this episode, we talk with Trissia Wijaya about her book on the political economy of Chinese and Japan...

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Unfrozen: The Fight for the Future of the Arctic with Mia Bennett

Unfrozen: The Fight for the Future of the Arctic with Mia Bennett

Nowhere is the dual threat of climate change and geopolitical contest felt more strongly than in the Arctic. Sea ice is declining rapidly, wildfires are burning, and permafrost is thawing. All the whi...

11 Apr 43min

Extraction: The Frontiers of Green Capitalism with Thea Riofrancos

Extraction: The Frontiers of Green Capitalism with Thea Riofrancos

Lithium, a crucial input in the batteries powering electric vehicles, has the potential to save the world from climate change. But even green solutions come at a cost. Mining lithium is environmentall...

6 Jan 1h 13min

Weila Gong, "Implementing a Low-Carbon Future: Climate Leadership in Chinese Cities" (Oxford UP, 2025)

Weila Gong, "Implementing a Low-Carbon Future: Climate Leadership in Chinese Cities" (Oxford UP, 2025)

This episode explores what China’s subnational climate experiments tell us about the possibilities and limits of climate leadership in an era of intensified geopolitics. We discuss how China’s domesti...

24 Dec 202542min

The end of aid? US, China, and the future of development

The end of aid? US, China, and the future of development

In early 2025, headlines announced that the Trump administration would move to dramatically slash USAID—the United States’ flagship development agency. For many, the move was surprising, even self-def...

28 Aug 202552min

Seeing China’s Belt and Road with Ed Schatz and Rachel Silvey

Seeing China’s Belt and Road with Ed Schatz and Rachel Silvey

EPISODE SUMMARY: What becomes visible when you shift the lens away from Beijing to how China’s Belt and Road projects unfold on the ground? Seeing China’s Belt and Road, edited by Edward Schatz and R...

9 Juli 202552min

Judicial Territory: Law, Capital, and the Expansion of American Empire with Shaina Potts

Judicial Territory: Law, Capital, and the Expansion of American Empire with Shaina Potts

In this episode, we sit down with Shaina Potts, author of Judicial Territory: Law, Capital, and the Expansion of American Empire (Duke University Press, 2024)—a groundbreaking book that reveals how U....

20 Juni 202545min

Catching the China-Europe Express: Logistics, Local Agency & Eurasian Geopolitics in the Polish Borderlands

Catching the China-Europe Express: Logistics, Local Agency & Eurasian Geopolitics in the Polish Borderlands

In this episode, we focus on the often-overlooked geographies of Eurasian connectivity with Dr. Wojciech Kębłowski, whose research brings attention to the Polish border towns of Małaszewicze and Narev...

4 Maj 202556min

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