• 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
• 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.