Sciences Po Chair in Sovereign Debt

Contributing to the policy debate around public debt • Supported by @GlobalSov • Retweets ≠ endorsement

[Shakira Mustapha @kira_mustapha]

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 https://t.co/AHrsXB8d0j

[PSIA Sciences Po @PSIASciencesPo]

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

[Gregory Makoff @GMakoff]

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:

https://t.co/57nKop1baB

[Ceyla Pazarbasioglu @CeylaP_IMF]

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)

https://t.co/IrEpMbnjVs

[Daniel Munevar @danielmunevar]

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.

[Rachel Savage @rachelmsavage]

NEW: Ghana has failed for now to strike a deal with two group of international bondholders to restructure $13 billion of debt https://t.co/53jKz1qdJd

[Center for Global Development @CGDev]

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:
https://t.co/2gTRVw66kR

[Simon Hinrichsen @simonh_dk]

Statutory and Policy Measures to Enhance Private Sector Participation in Sovereign Debt Restructurings. https://t.co/Vz0LsEkqyO a new working paper, by @DFacilides, @WaibelM09, @AnahiW and me.

[ISMAIL @iamaniku]

A GPT on Debt Management
https://t.co/Ecur5o2nB3

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
https://t.co/EJBXHhXmxf

Sovereign Debt:   A Guide for Economists and Practitioners
draft chapters
https://t.co/oPHEaE0727

The Sustainability of Asia’s Debt: Problems, Policies, and Practices
https://t.co/Pha2nRjubh

Sustained debt reduction: The Jamaica exception
https://t.co/w3qo8qes3I

[Rhoda Weeks-Brown @RhodaWeeksBrown]

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: https://t.co/L1BkUrVCMs

[Justin Sandefur @JustinSandefur]

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."

https://t.co/CgqTxMuXXf

[Marcelo Giugale @Marcelo_WB]

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 https://t.co/9fUAWSlZs6

[Matt Hill @mattstephenhill]

After years of painfully slow negotiations and false starts, Zambia finally seems set to restructure its dollar bonds. What a ride. https://t.co/gTI1pBdRlR

[𝙐𝙜𝙤 𝙋𝙖𝙣𝙞𝙯𝙯𝙖 @upanizza]

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)

[Diego Rivetti @RivettiDiego]

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

[Bloomberg Middle East @middleeast]

Frontier markets have embarked on aggressive policy shifts, and investors in local-currency bonds are starting to reap the benefits. https://t.co/aoBiZhuPQ9

[PSIA Sciences Po @PSIASciencesPo]

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

[Arancha González @AranchaGlezLaya]

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”

[Silvia Marchesi @SilviaMarches12]

📢 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: https://t.co/tXFlATZz4q
Deadline: 29 March 2024
Further information: [email protected]

[Matt Hill @mattstephenhill]

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? https://t.co/gV6BHfYvSh