parallel sessions
Day 3: Friday 31st May
8:00- 9:30
Parallel Session 5
LOCAL CURRENCY FINANCING
Chair: Mark Manger (Munk School of Global Affairs)
- "A Welfare Analysis of Dollarization"
Juan Sebastian Lopez Almirante (Princeton University), Pablo Andres Neumeyer (Universidad Torcuato Di Tella) - "Local Currency Sovereign Debt Markets, Global Financial Conditions and the Role of Foreign Investors"
Guilherme Suedekum (Alvarez & Marsal, Geneva Graduate Institute) - "The Effect of Solicitation on Sovereign Ratings"
Marion Boisseau-Sierra (Cambridge Judge Business School), Reining Chen Petacchi (Georgetown University) - "The Fickle and the Stable: Global Financial Cycle Transmission via heterogenous investors"
Haonan Zhou (Princeton University)
Collège Néerlandais
COORDINATION AND COMPARIBILITY IN RESTRUCTURINGS
Chair: Adil Ababou (Gates Foundation)
- "Debt Relief Games"
Aitor Erce (UPNA, CERDI), Idoia Aguirre (Public University of Navarre), Gong Cheng (Moody's Investors Service), - "Delay in Sovereign Debt Restructuring: Brinkmanship or Gradual Consessions?"
Sayantan Ghosal (University of Glasgow) - "Refusing to improve: sovereign debt repayment problems and the political economy of inertia"
Christina Laskaridis (The Open University & University of Oxford) - "Sovereign Debt Restructurings and Reduction in Debt-to-GDP Ratio"
Alexandre Balduino Sollaci, Prachi Mishra, Sakai Ando, Tamon Asonuma (IMF)
R2-01
DEBT AND TAXES
Chair: Silvia Marchesi (University of Milano Bicocca)
- "Industrial Policy and Sovereign Debt"
Matthias Goldmann (EBS University Wiesbaden) - "Inflation Default Risk and Nominal Debt"
Carlo Galli (Universidad Carlos III de Madrid) - "Sovereign Debt Sustainability and Redistribution"
Monica Tran-Xuan (University of Buffalo) - "Tax revolts and sovereign debt"
Fernando Arce, Jan Morgan, Nicolas Werquin (Federal Reserve Bank of Chicago)
R2-21
11:30- 13:00
Parallel Session 6
THE POLITICS AND ECONOMICS OF SUSTAINABILITY
Chair: Peter Rosendroff (New York University)
- "Dithering Debtors, Credible Creditors: A Structural Power Analysis of Ghana's 2014 IMF Bailout Request"
Kofi Gunu (University of Oxford) - "IMF survival instincts: risk exposure and the design of loan programs"
Kathleen Brown (Leiden University Institute of Political Science) - "Restoring sustainability to Argentina"
Chris Marsh (Exante Data), Brad Setser (Council on Foreign Relations) - "Safe Assets in Emerging Market Economies"
Cristian Cuevas (Universidad de los Andes)
Collège Néerlandais
DOMESTIC DEBT AND DEFAULTS
Chair: Sarah Brooks (The Ohio State University)
- "Debt Relief by Multilateral Lenders: Approaches and Implications"
Marina Zucker Marques (Global Development Policy Center - Boston University), Ulrich Volz (School of Oriental and African Studies - University of London), Kevin P. Gallagher (Global Development Policy Center - Boston University) - "Ghana's Novel Domestic Debt Exchange Program (DDEP): Lessons for the Global Community"
Godfred A. Bokpin (University of Ghana), Benjamin Boakye (Africa Centre for Energy Policy) - "Optimising Domestic Debt Restructuring (DDR): The Sri Lankan Case - Lessons for DDR as a tool in addressing debt distress"
Chayu Damsinghe (Frontier Research), Thilina Panduwawala (Frontier Research), Umesh Moramudali (University of Colombo) - "Sovereign Defaults at Home and Abroad"
Mattia Osvaldo Picarelli (European Stability Mechanism,) Aitor Erce (UPNA, CERDI), Enrico Mallucci (US Federal Reserve Board)
R2-21
Debt Restructuring History
Chair: Juan Flores (University of Geneva)
- "Sovereign Debt: 200 years of creditor losses"
Josefin Meyer (DIW Berlin, Kiel Institute for the World Economy), Clemens Graf von Luckner (Sciences Po), Carmen M. Reinhart (Harvard Kennedy School), Christoph Trebesch (Kiel Institute for the World Economy) - "Sovereign debt refinancing in history"
Francois R. Velde (Federal Reserve Bank of Chicago) - "The Lame Ducks Association: Distress, Common Law and the Birth of Sovereign Default Arbitration in 19th Century Britain"
Marc Flandreau (University of Pennsylvania) - "The Road to Zambia's 2020 Sovereign Debt Default - Improving the Common Framework"
Ignatius Masilokwa (Zambia Institute for Policy Analysis and Research), Margret Mbewe (Zambia Institute for Policy Analysis and Research), Théodore Humann (Sciences Po), Martin Kessler (Finance for Development Lab)
R2-01
