Prospects for reducing sovereign debt while tackling ongoing crises
In order to tackle the high rates of sovereign debt decisive action is needed. How likely are the needed adjustments and how can we achieve them?
Speakers
Era Dabla-Norris
Deputy Director, Fiscal Affairs Department, International Monetary Fund
Roel Dom
Bruegel Research fellow
Frank Gill
Managing Director, S&P Global Ratings
Dorothée Rouzet
Chief Economist, French Treasury
Jeromin Zettelmeyer
Bruegel Director
Agenda
Check-in & lunch
12:30-13:00Agenda
Presentations
13:00-13:30- Chair: Roel Dom, Bruegel Research fellow
- Era Dabla-Norris, Deputy Director, Fiscal Affairs Department, International Monetary Fund
- Jeromin Zettelmeyer, Bruegel Director
Agenda
Comments and panel discussion
13:30-14:00- Era Dabla-Norris, Deputy Director, Fiscal Affairs Department, International Monetary Fund
- Frank Gill, Managing Director, S&P Global Ratings
- Dorothée Rouzet, Chief Economist, French Treasury
- Jeromin Zettelmeyer, Bruegel Director
Agenda
Q&A
14:00-14:15Sovereign debt is at historic highs. Stabilising it will require significant adjustment efforts. How realistic are these efforts in light of sluggish growth, particularly in advanced countries that have emerged from the Covid and energy crises with large deficits, and how fragile are they to new disruptions? This event explored these questions, based on new research on debt sustainability in advanced countries, and the IMF’s recent “Debt@Risk” methodology.
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