Jump to ContentJump to Main Navigation
HydropoliticsThe Itaipu Dam, Sovereignty, and the Engineering of Modern South America$
Users without a subscription are not able to see the full content.

Christine Folch

Print publication date: 2019

Print ISBN-13: 9780691186603

Published to Princeton Scholarship Online: May 2020

DOI: 10.23943/princeton/9780691186603.001.0001

Show Summary Details
Page of

PRINTED FROM PRINCETON SCHOLARSHIP ONLINE (www.princeton.universitypressscholarship.com). (c) Copyright Princeton University Press, 2022. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in PRSO for personal use.date: 23 May 2022

Currency

Currency

Chapter:
(p.63) 2 Currency
Source:
Hydropolitics
Author(s):

Christine Folch

Publisher:
Princeton University Press
DOI:10.23943/princeton/9780691186603.003.0003

This chapter focuses on the technicalities of the electricity tariff, how energy rent is conceptualized within Itaipú, and its effects on the Paraguayan government. It describes the making of a tariff, the base cost of electricity, and the political work done by a number before turning to “compensation,” the rent that Paraguay receives for energy sold in Brazil as well as the ensuing controversies that spurred the election of Fernando Lugo. This chapter also provides ethnographic exploration of favor-petitioning practices in the Paraguayan side of the dam and how administrators in the Lugo transition attempted to curtail such expectations. The calculations cast light onto the unappealing aspects of hydrofinance that enable the entire system even as the tariff formula and the social expectations into which it is embedded reveal broader postures toward state wealth, the public, and who has a claim to the financial resources of a nation. It explains the price of electricity and construction debt, as well as the social and numerical formulas for their calculation.

Keywords:   Itaipú Dam, Paraguay, electricity tariff, compensation, Brazil, Fernando Lugo, hydrofinance, electricity, construction debt

Princeton Scholarship Online requires a subscription or purchase to access the full text of books within the service. Public users can however freely search the site and view the abstracts and keywords for each book and chapter.

Please, subscribe or login to access full text content.

If you think you should have access to this title, please contact your librarian.

To troubleshoot, please check our FAQs , and if you can't find the answer there, please contact us.