CfP Deadline Date: November 7-8, 2019.
Conference Event: June 1, 2019, 2019
Event Location: IMF headquarters, Washington DC, USA
Global debt has reached a new record, standing now at over 300 percent of world output. Not all debt is the same, nor is it evenly distributed across countries, regions or sectors. Debt can facilitate the expansion of productive investment, including the funds to repair and expand infrastructure necessary for continued economic growth. At the same time, debt overhang and increased debt service can leave economies vulnerable to rollover risk, sudden tightening of credit and even default. Given the prominence of higher debt across advanced, emerging, frontier markets as well as in low-income countries, this year’s conference will focus on “Debt: The Good, the Bad and the Ugly,” and will bring together researchers and policymakers to discuss innovative research in this area and facilitate the exchange of views.
The Program Committee welcomes empirical and theoretical work on topics including, but not limited to:
- Composition of debt and its evolution; issues of maturity and currency denomination;
- Debt challenges for frontier markets;
- Household debt;
- Corporate debt;
- Role of policies in smoothing private sector deleveraging;
- Role of low global interest rates in driving debt dynamics;
- Cyclicality of fiscal policy;
- Sustainability of debt;
- Sovereign debt and default;
- Debt restructuring and relief;
- Debt and fiscal policy in currency unions.
Interested contributors should submit a draft paper or a detailed proposal by June 1, 2019 (e-mail to ARC@imf.org). Please use the contact author’s name as the name of the file.
Travel and hotel expenses of presenting authors will be covered by the conference organizers.