

2:00 pm EDT - 3:30 pm EDT
Past Event
2:00 pm - 3:30 pm EDT
1775 Massachusetts Ave., NW
Washington, DC
20036
Sovereign debt crises occur regularly and often violently. The recent debt crisis in Greece nearly led to the collapse of the euro. However, there is no legally and politically recognized procedure for restructuring the debt of bankrupt sovereigns.
On October 3, Global Economy and Development at Brookings hosted a discussion to launch a new report on sovereign bankruptcy by the Committee on International Economic Policy and Reform — a group of independent economic experts that includes academics as well as former government and central bank officials. The report examines pre-crisis policy mistakes and recent court rulings, and argues that there is a much stronger case for an orderly sovereign bankruptcy regime today than ever before. The report also presents solutions to this problem at the euro-area and global levels.
The panel included several members from the Committee on International Economic Policy and Reform, as well as other leading experts.
Masood Ahmed, Dany Bahar, Amar Bhattacharya, Nancy Birdsall, Brahima Sangafowa Coulibaly, Hafez Ghanem, Carol Graham, Homi Kharas, Domenico Lombardi, Jacques Mistral, Galip Kemal Özhan, Zia Qureshi, Vera Songwe, Sebastian Strauss
October 2, 2023
Greg Wright, Emma Berman
September 29, 2023
Anusha Bharadwaj
September 29, 2023