Navigating a Debt Crisis: Towards a New Development Partnership Agenda
In the years since the pandemic, countries from the Pacific to the Caribbean have been brought to the brink of default. The global community’s lacklustre response to the sovereign debt contagion underlines the need for reform of development partnerships and international financial institutions. Smaller nations are struggling with the dual burden of addressing climate adaptation and meeting an enhanced fiscal burden.
In an age of increasing debt, how can governments balance sovereign autonomy and the need for investment? Are emerging development partnership models prioritising the needs of recipient countries while also supporting the broader geo-economic vision of donor economies? What role must be taken by official development assistance as a global policy at this time? What innovative mechanisms allow countries to escape some of their debt burdens while also moving forward on the green transition and maintaining access to financial capital?
Dammu Ravi, Secretary (Economic Relations), Ministry of External Affairs, India
Maria Shaw-Barragan, Director, Lending Operations in Asia, Africa, Caribbean and Pacific, and Latin America, European Investment Bank
Jenny Bates, Director General, Indo-Pacific, Foreign, Commonwealth & Development Office, UK
Philippe Orliange, Executive Director of Geographies, AFD, France
Vera Songwe, Founder and Chairwoman, Liquidity and Sustainability Facility, UK
Moderator: Sanjeev Krishan, Chairman, PwC, India
#Raisina2023
By: ORF
Title: Navigating a Debt Crisis: Towards a New Development Partnership Agenda
Sourced From: www.youtube.com/watch?v=ORkCKBVwImk
Follow us on FB: https://www.facebook.com/UXClub.net/
Did you miss our previous article…
https://www.uxclub.net/how-i-made-1-6l-profit-using-options-buying-strategies-2023/