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HydropoliticsThe Itaipu Dam, Sovereignty, and the Engineering of Modern South America$
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Christine Folch

Print publication date: 2019

Print ISBN-13: 9780691186603

Published to Princeton Scholarship Online: May 2020

DOI: 10.23943/princeton/9780691186603.001.0001

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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: 17 May 2022

Debt

Debt

Chapter:
(p.128) 4 Debt
Source:
Hydropolitics
Author(s):

Christine Folch

Publisher:
Princeton University Press
DOI:10.23943/princeton/9780691186603.003.0005

This chapter uncovers the development of the Itaipú debt. It begins with the historical development of the debt and the transformation wrought on state institutions as Eletrobras metamorphosed into a creditor, uncovering how the multiplex nature of state institutions is connected to renewable energy requirements. A “multiplex” is a channel or circuit along which multiple signals are simultaneously sent, an analogy from telegraphy that applies to the Itaipú debt. After piecing together a biography of the debt, the chapter turns to a more ethnographic exploration of how Itaipú debt origin stories function based on ideas of interest. It also explains how the infrastructure of renewable energy and hydroelectric potential serve as state-owned collateral.

Keywords:   Itaipú Dam, Eletrobras, renewable energy, debt, state-owned collateral

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