Contributing to the policy debate around public debt • Supported by @GlobalSov • Retweets ≠ endorsement
Joined September 2020
- Tweets2.1K
- Following54
- Followers1.3K
- Likes19
Sciences Po Chair in Sovereign Debt retweeted
Spain becomes latest official bilateral creditor to approve debt pause clauses in its loans to sovereigns from FIEM and FONPRODE for climate, health and food crises lamoncloa.gob.es/consejodemi…
Sciences Po Chair in Sovereign Debt retweeted
A huge thank you to the @SovDebtScPo, the @OECD, and all our speakers today for a dynamic and insightful conversation on the global debt landscape and the future trends in sovereign borrowing. #PlaceToSpeak
Sciences Po Chair in Sovereign Debt retweeted
New York Law Bills: Reform is a good idea in theory, but these bills are badly drafted and hearings are needed.
Check out my new piece up on FTAV:
on.ft.com/3xTyRs2
Sciences Po Chair in Sovereign Debt retweeted
Thrilled to share that the @IMFNews Executive Board recently endorsed reforms to promote the IMF's capacity to support countries undertaking debt restructurings. (1/8)
imf.org/en/News/Articles/202…
Sciences Po Chair in Sovereign Debt retweeted
Most countries are effectively replacing older bonds with lower coupons for new bonds with higher coupons. The spread is quite noticeable for non-investment grade countries.
Sciences Po Chair in Sovereign Debt retweeted
NEW: Ghana has failed for now to strike a deal with two group of international bondholders to restructure $13 billion of debt reuters.com/markets/ghana-fa…
Sciences Po Chair in Sovereign Debt retweeted
Recognizing the sovereign debt crisis in LMICs, G20 members endorsed the Common Framework—but collective action problems hinder progress.
@DavidAGrigorian analyzes the proposed Modified Common Framework, an approach that could address these issues:
bit.ly/4aqBhge
Sciences Po Chair in Sovereign Debt retweeted
Statutory and Policy Measures to Enhance Private Sector Participation in Sovereign Debt Restructurings. papers.ssrn.com/sol3/papers.… a new working paper, by @DFacilides, @WaibelM09, @AnahiW and me.
Sciences Po Chair in Sovereign Debt retweeted
A GPT on Debt Management
chat.openai.com/g/g-jSuqgAk1…
What should be ideal training data for such? @TheoMaret @Marcelo_WB @Markbohlund @Kevin_Carey_WB @MarkWPlant @emsovdebt
Main Sources:
Sustainable Financing of Development and Infrastructure: A Handbook for Borrowers and Lenders
themcdf.org/en/news-activiti…
Sovereign Debt: A Guide for Economists and Practitioners
draft chapters
imf.org/en/News/Seminars/Con…
The Sustainability of Asia’s Debt: Problems, Policies, and Practices
adb.org/publications/sustain…
Sustained debt reduction: The Jamaica exception
brookings.edu/articles/susta…
Sciences Po Chair in Sovereign Debt retweeted
Hidden sovereign debt is a major headache in some of the most vulnerable economies. Good news: better debt disclosure laws can help ease the pain! Read my new blog with @IMFNews colleagues: tinyurl.com/4und3mkh
Sciences Po Chair in Sovereign Debt retweeted
How Jamaica reduced its debt
Interesting case study from @B_Eichengreen @PeterBlairHenry et al.
1 flexible fiscal rules
2 partnership with opposition "which fostered a common belief that the burden of debt reduction would be widely and fairly shared."
brookings.edu/articles/susta…
Sciences Po Chair in Sovereign Debt retweeted
Dream of mine just came true: (i) published an “A to Z” handbook on public debt management; (ii) did it with some of the world’s best experts; and (iii) got a sponsor who made it available for free. Thank you so much MCDF, co-authors and producers. @pdmnet surl.li/rzohd
Sciences Po Chair in Sovereign Debt retweeted
After years of painfully slow negotiations and false starts, Zambia finally seems set to restructure its dollar bonds. What a ride. bloomberg.com/news/articles/…
Sciences Po Chair in Sovereign Debt retweeted
New @FT @FTAlphaville piece on the Ukrenergo bond. Thanks to @RobinWigg for the hospitality and to Mitu and @mweidemaier for letting me freeride on this (as always)
1/2
(link below)
Sciences Po Chair in Sovereign Debt retweeted
3 actions to boost debt transparency: 1) design a modern and integrated debt system, overcoming the existing fragmentation; 2) incentivize borrowers' disclosure, particularly during/after restructurings; 3) demand the publication of more granular data from official creditors
The @WorldBank's Pablo Saavedra, Manuela Francisco, and @RivettiDiego propose three actions that would boost sovereign-debt transparency. bit.ly/43wvGlO
Sciences Po Chair in Sovereign Debt retweeted
Frontier markets have embarked on aggressive policy shifts, and investors in local-currency bonds are starting to reap the benefits. trib.al/DKNdGfB
Sciences Po Chair in Sovereign Debt retweeted
In collaboration with @SovDebtScPo we kick off a panel on debt relief in practice, featuring #Somalia Finance Minister @BihiEgeh along with @WilliamRoos4
Barthelemy Faye @PaolaSubacchi
@MoF_Somalia
#ThePlaceToSpeak
Sciences Po Chair in Sovereign Debt retweeted
Tks @BihiEgeh #Somalia Finance Minister for sharing w @sciencespo students your experience at debt negotiation w the Paris Club
In your words “debt cancellation will be essential for nation building”
Sciences Po Chair in Sovereign Debt retweeted
📢 PRE-DOC at the University of Milano Bicocca @CefesCenter @unimib 👇
Field: Sovereign Debt
Full-time (6 months) position competitive pay
Starting in May 2024 (flexible)
Applications: unimib.it/node/983
Deadline: 29 March 2024
Further information: [email protected]
Sciences Po Chair in Sovereign Debt retweeted
Zambia may soon get the answer to one of life's greatest mysteries: What does comparability mean when it comes to restructuring bonds versus Chinese state loans? bloomberg.com/news/articles/…
