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Public Event

A View of the New Debt Landscape for Developing Countries

Thursday, October 17, 2019 - 11:00am to 12:30pm

 
FEATURING

Ceyla Pazarbasioglu, Vice President for Equitable Growth, Finance, and Institutions (EFI), World Bank
Odile Renaud Basso, Director General, French Treasury and Chairperson, Paris Club
Hanan Morsy, Director for Research, African Development Bank
Vera Songwe, Executive Secretary, United Nations Economic Commission for Africa
Wencai Zhang, Director General, Department of International Economic and Financial Cooperation, Chinese Ministry of Finance

MODERATOR

Scott Morris, Co-Director of Sustainable Development Finance and Senior Fellow, Center for Global Development

ABOUT THE EVENT

Rising levels of external debt among developing countries has raised concerns about debt risks and revealed the degree to which the debt picture has grown increasingly complex. As developing country borrowers have gained greater access to a diverse array of creditors in recent years, so have they become exposed to a more complicated array of vulnerabilities when it comes to managing their debt on a sustainable basis.

On the sidelines of the World Bank and IMF Annual Meetings 2019, the Center for Global Development (CGD) will host a group of distinguished panelists to discuss debt sustainability in the developing world. This panel will consider key questions about this new landscape. To what degree are debt vulnerabilities growing for these economies? Is today’s borrowing achieving its productive potential for these economies? Who are the new creditors, and how do they differ from traditional ones? Are the traditional venues for considering and managing debt vulnerabilities, including coordination on debt reschedulings and forgiveness, still fit for purpose? Please join us as we discuss these questions and more to assess the current and future debt sustainability landscape.

Related Experts

Photo of Scott Morris
Senior Fellow, Director of the US Development Policy Initiative

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Close-captioned-enabled video will be posted following the conclusion of the event. If you require ADA-related accommodations to attend this event in person, please email events@cgdev.org.