Back

DebtCon Virtual Session: Paper Presentations & Policy Session

May 11, 2022
Related topics: 
Economy
Sectorial policies and structural transformation

The Policy Center for the New South is pleased to organize an online parallel event in the framework of the Annual Interdisciplinary Sovereign Debt Conference, organized by the Graduate Institute of Geneva, the European University Institute and the GeorgeTown University. The objective of DebtCon4 is to discuss state-of-the-art interdisciplinary research on sovereign debt and related policy issues, and to foster interaction among academics, senior policymakers, supervisors, industry representatives and other practitioners. The conference will include both high-level roundtables, where practice, policy and research will meet, and parallel sessions, where research papers will be presented. This parallel event will be comprised of two sessions.

The first session will be organized on Wednesday, May 11, 2022 at 3:00 pm GMT+1 and will feature the following paper presentations: Preventing and Managing Debt Crises: The Role of Debt Transparency Rym Ayadi, Founder and Scientific Director, Euro-Mediterranean Economists Association COVID-19 and Debt Sustainability Issues for Developing Countries Hinh Dinh, Senior Fellow, Policy Center for the New South Debt Forgiveness in the time of COVID-19 Sayantan Ghosal, Professor of Economics, Adam Smith Business School Dania Thomas, Lecturer in Business Law, Adam Smith Business School.

The second session of this parallel event, titled “Towards an African Financial Stability Mechanism”, will be organized on Wednesday, May 11, 2022 at 4:30 pm GMT+1.

Speakers
Rym Ayadi
Founder and Scientific Director, Euro-Mediterranean Economists Association
Rym Ayadi is the Founder and President of the Euro – Mediterranean Economists Association (EMEA). She is Founder and Director of the Euro-Mediterranean and African Network for Economic Studies (EMANES). She is Senior Advisor at the Centre for European Policy Studies (CEPS); Professor at the Bayes Business School, City University of London and Member of the Centre for Banking Research (CBR); Chair of the European Banking Authority – Banking Stakeholders Group (EBA- BSG). She is also Associated Scholar at the Centre for Relationship Banking and Economics (CERBE) at LUMSA University in Rome. ...
Otaviano Canuto
Senior Fellow
Senior Fellow at the Policy Center for the New South, principal at Center for Macroeconomics and Development and non-resident fellow at Brookings Institute. Former Vice President and Executive Director at the World Bank, Executive Director at the International Monetary Fund (IMF) and Vice President at the Inter-American Development Bank. He was also Deputy Minister for international affairs at Brazil’s Ministry of Finance, as well as professor of economics at University of São Paulo (USP) and University of Campinas (UNICAMP). ...
Hinh T. Dinh
Senior Fellow
Hinh T. Dinh is a Senior Fellow at the Policy Center for the New South; President and CEO of Economic Growth and Transformation, LLC., Great Falls, VA, USA; and Senior Research Fellow at Indiana University, Bloomington, IN, USA. Previously he spent over 35 years working at the World Bank Group.  He joined the Bank through its Young Professionals Program and held a variety of assignments in all three complexes: Operations, Finance, and Research.  His last position was Lead Economist in the Office of the Senior Vice President and Chief Economist of the World Bank.  He has authored and coauthored books published by the World Bank, Oxford University, and Policy Center for the New South, and articles in professional journals covering public finance, industrialization, and economic ...
Sayantan Ghosal
Professor of Economics, Adam Smith Business School
Sayantan is Professor of Economics at the Adam Smith Business School and Dean of Interdisciplinarity and Impact at the Colege of Social Sciences. He was a Professor of Economics at the University of Warwick from 2004 to 2013 where he was Research Director of the ESRC funded Centre for Competitive Advantage in the Global Economy (CAGE). He also has a PhD from CORE, Universite Catholique de Louvain under the European Doctoral Program in Quantitative Economics. ...
Thomas Laryea
Interntional Lawyer Specializing in Finance and Sovereign Debt Restructuring, Orrick
Thomas is widely recognized in international law and policy circles for sovereign debt restructurings and Africa-related finance and investments. While he has a special interest in Africa, his experience is truly global. Thomas formerly served as Assistant General Counsel at the International Monetary Fund, where he was responsible for the IMF’s legal relations in finance and economic surveillance with each of its member countries. As the only senior IMF lawyer in private practice, he offers distinctive insights to asset managers, real money investors and hedge funds on sovereign debt and restructurings as well as large scale corporate restructurings and project financings. His practice bridges legal and strategic advice on the transactional, public policy and dispute resolut ...
Emmanuel Pinto Moreira
Senior Fellow
Dr. Emmanuel Pinto Moreira is Senior Fellow at Policy Center for the New South and the Director of the Economic Department of the African Development Bank. He is in charge of establishing a strong department as well as genuinely conducting policy dialogue with policy makers of the region while heavily focusing on new growth strategies, challenges facing middle income countries, fiscal policies and debt reduction strategies. He served previously as regional lead economist for the MENA region at the World Bank. His mission was geared towards first conducting policy dialogue with Maghreb authorities’ and helping them design their vision papers; second, he provided strategic advice on major economic challenges facing these countries, more precisely. Furthermore, Dr. Pinto Moreira ...

RELATED CONTENT

  • Download PDF
    Innovation in Africa: Nature and Evidence
    Authors
    Emmanuel Pinto Moreira
    January 31, 2022
    According to the Oslo Manual, innovation can be defined as “the implementation of a new or significantly improved product (good or service), or process, a new marketing method or a new organisational method in business practices, workplace organisations or external relations” (OECD, 2005, p. 46). For today’s middle-income countries in Africa, innovation is essential to sustain growth and promote the transition to high-income status. This paper begins by providing a summary of theore ...
  • Will emerging economies face a hard landing?
    Authors
    Otaviano Canuto
    January 26, 2022
    The year began with simultaneous signs of a slowdown in global economic growth and a reorientation toward tightening of monetary policies in advanced economies. In its latest Global Economic Prospects released on January 11, the World Bank forecasts that, after a global growth surprisingly at 5.5% last year, it should moderate to somewhere around 4.1% and 3.2%. % in, respectively, 2022 and 2023. In addition to the effects of omicron at the start of the year, less fiscal support and ...
  • Download PDF
    Covid-19 and the Dilemma of the Developing Countries
    Authors
    Hinh T. Dinh
    January 26, 2022
    COVID-19 has caused serious damage throughout the entire world. As of mid-2021, the global fiscal cost of COVID-19—excluding the most important consequences, such as human lives, mental health effects, restrictions of human freedom, and other non-pecuniary components, have amounted to at least $16.5 trillion, about 18% of world GDP (Dinh 2021). Financial support has varied across countries depending on income level, political willingness, and the extent of the pandemic in each econo ...
  • Green Finance Taxonomies: Measuring which Economic Activities Deserve to be Called Green
    Authors
    Morten Seja
    Hadley Hilgenhurst
    Charlie Knight
    January 25, 2022
    Why Green Finance Taxonomies? The increasing effort to mitigate climate change has caused more and more individuals, governments, and companies to shift away from traditional financial investments and activities, and towards more environmentally-friendly alternatives. However, until recently, there has been a lack of consensus on what green finance and its environmental impact is. Thus, green finance taxonomies are needed to provide classification systems that identify how environm ...
  • Is the EU's Carbon Border Adjustment Mechanism a Threat for Developing Countries?
    Authors
    Rim Berahab
    January 13, 2022
    “This opinion was prepared within the framework of the Jean Monnet Atlantic Network 2.0. The European Commission's support for the production of this publication does not constitute an endorsement of the contents, which reflect the views only of the authors, and the Commission cannot be held responsible for any use which may be made of the information contained therein.”   As part of the lengthy fight against climate change, the European Union (EU) has introduced a Border Carbon A ...
  • Regional differences in the economic impact of lockdown measures to prevent the spread of COVID-19: A case study for Colombia
    Authors
    Eduardo Amaral Haddad
    Gerson Javier Pérez Valbuena
    Diana Ricciulli
    Jaime Bonet
    Inácio Araújo
    Fernando Perobelli
    December 28, 2021
    This paper analyses the regional economic differences in the impact of lockdown measures to prevent the spread of COVID-19 ordered by Colombia’s national gov­ernment. Using an input-output model, we estimate regional economic losses by extracting a group of formal and informal workers from different sectors of the economy. Results show regional differences in the impact of lockdown measures on their labour markets, local economies, and productive sectors. We also find that periphera ...
  • Weathering the Changing Needs to Regulate Financial Inclusion
    Authors
    Morten Seja
    December 20, 2021
    A Case for Regulators to Green Financial Inclusion Financial Inclusion is an Excellent Tool for Combating Poverty It is well known that supporting financial inclusion is a relevant tool in lifting people out of poverty. There is plenty of empirical evidence showing that financial inclusion significantly reduces poverty and income inequality in developing countries. Concerted efforts to support financial inclusion globally have existed since the United Nations Capital Development ...
  • Download PDF
    Decarbonization and “Greenflation”
    Authors
    Otaviano Canuto
    December 10, 2021
     Accelerating the transition toward low or net-zero carbon emissions is necessary to keep global warming at theoretically safe levels. That will likely bring price shocks associated with rising metal prices, energy costs, and carbon taxes – what has been called “greenflation”. Greening the economy will also require public spending and redistributive policies. ...
  • Download PDF
    USA/Europe: Seven Digital Challenges
    Authors
    Laurence Nardon
    Siméon Rust
    December 6, 2021
    Thanks to the positive momentum in transatlantic relations brought about by the arrival of the Biden administration, significant progress is expected on a range of key digital issues. New rules are emerging that are designed to level the playing field for economic actors and ensure the respect of civil liberties, while significant new investments in technological innovation are taking place amid considerable industrial reorganizations. This paper proposes to shed light on seven part ...