Ep 18 Ft. Yannis Manuelides
Clauses & Controversies
00:00
Exploring GDP Indexed Bonds and Contingent Debt
The chapter delves into the concept of contingent debt, specifically focusing on GDP indexed bonds as a mechanism for countries to plan for unforeseen risks. They discuss the challenges in structuring these bonds and the lack of widespread adoption despite advocacy from prominent economists. The speaker shares their involvement in developing the legal framework for GDP index bonds and the practical engagement with stakeholders to move beyond academic discussions.
Transcript
Play full episode
