Odette Lienau, Cornell University and Boston College
One silver(y) lining of a massive global crisis could have been the summoning of enough collective willpower to enact far-reaching change in international debt architecture. Instead we have seen piecemeal efforts that will prove insufficient. The international community needs to prioritize serious movement on multiple tracks to put in place a framework that embeds widely accepted sovereign debt resolution principles before it is desperately needed.
More “Spring 2022 - Sovereign Debt Architecture, Suspended
The Depressing Tenacity of the Global Debt Architecture”