Discussion about this post

User's avatar
Osman Siddiqi's avatar

Great write-up! The desire for a green/impact/PE or other kinds of wash is in itself worth a write-up. My armchair analysis suggests it's all about brand cover to keep doing what you intended to do based on a political economy/mandate/sell that is not being factored into what the PEA is analyzing. Gaps I felt from the talks Stefan gave on domestic elite bargains (I haven't read the book) was this bidirectional narrative gap of a) a domestic elite operates in multiple places with offshore assets and it takes two to tango to enable and perpetuate that environment, and b) the role of bi/multilaterals in hard and soft go / no-gos in design of policy decision-making seemed glaringly missing especially given Stefan's background.

I know these are dimensions Stefan and you are more than well aware of, but I do think we should be at a stage now where we are addressing root causes outside of closed economy analyses and including the role of the totality of bilateral relationships rather than just aid/investment mechanisms.

Expand full comment
Gawain Kripke's avatar

How do you respond to the charge the political economy analysis could be an easy way to say something is hard to do, or impossible - so don't try? Or just do something sub-optimal? Isn't PEA inherently descriptive, conservative, and favors status quo?

Likewise, when is ignoring PEA simply a bone-fide disagreement about feasiblity or what might fit into the "overton window"? I've been in this work for decades and I'm usually right in my political analysis. But sometimes I"m wrong. Anyone can be.

Expand full comment
7 more comments...

No posts