Emerging Hope: Refinancing and Resilience in Developing Economies

Good coordination of creditors and debtors is at the core of effective debt treatments.  The Paris Club, that brings together official creditors, provides coordinated financing for countries that experience debt distress such as debt relief by postponement, reduction in debt service obligations, concessional rescheduling. Listen as Paola Subacchi, William Roos and Philippe Guyonnet-Dupérat discuss challenges posed by a more heterogenous creditor group and institutional innovations like the Common Framework for Debt Treatments.

Guests: William Roos is Assistant Secretary for Multilateral, Development and Trade Affairs at the French Treasury. He is co-chair of the Paris Club and co-chaired in that capacity all common framework official creditor committees.

Philippe Guyonnet-Dupérat is Secretary general of the Paris Club and head of international debt at the French Treasury.

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