Tackling the Next Wave of Sovereign Debt Crises

IMF/World Bank Spring Meetings
Wednesday, April 10, 2019,
3:00pm - 4:00pm
IMF Headquarters 1 - Meeting Hall A&B
 Mr. Larry Elliott, Economics Editor, The Guardian
Mr. David Lipton, First Deputy Managing Director, IMF
Mr. Fanwell Kenala Bokosi, Executive Director, African Forum and Network on Debt and Development (AFRODAD)
Mr. Lee Buccheit, Legal Expert
Ms. Odette Lienau, Professor of Law, Cornell University and Yale University
H.E. Romuald Wadagni, Minister of Finance of Benin
Debt is at record levels in advanced economies and emerging markets. 40 percent of low income countries are wrestling with debt distress or high-risk debt levels. If measures are not put in place to reduce risk, a new and broad-based wave of debt crises could emerge as a major threat for the 2030 development agenda. In a few countries, a debt crisis has already materialized. Can the current international financial architecture provide prevention and resolution of debt and financial crises? Or does it need to be reformed?
Sponsors: The International Monetary Fund, Jubilee USA Network, AFRODAD, Jubilee Germany, Jubilee Debt Campaign UK, Eurodad, Latindadd, Oxfam
To attend these events, individuals must be credentialed for the IMF/WB Spring Meetings.