Center on Democracy, Development and the Rule of Law is housed in the Freeman Spogli Institute for International Studies
This case is about Ecuador's decision to finance the country's largest hydropower plant: Coca Codo Sinclair. The country's president is facing a shortage of financial resources and an urgent need to build the hydroplant so as to fulfill political promises. The only feasible option was to borrow money from China at a high cost. How did Correa ultimately decide on and negotiate with China in order to procure funding for the national project?