International Borrowing and Debt Management- Applications And Recents Development 2021 | International Law Institute | 17 May 2021 | Live Online Course

This seminar explores key topics with respect to international borrowing and debt management. The goal is to assist policy makers and practitioners from emerging economies to plan for long term challenges in a fast changing international borrowing and debt management environment, but also to engage with immediate challenges. One focus is on the fundamentals, recent developments, current important issues and trends in the body of knowledge intersecting finance, borrowing, debt management and development. Another focus is to unlock and access commercial finance for development goals. The objective of the seminar overall is to assist policy makers and practitioners from emerging economies to develop skills and to better understand the financial elements of development initiatives through analysis and applications.

Course Outline:

Financial Development and Economic Growth:
• Overview of the research
• International market access
• Debt management capacity
• Developing local capital markets
• Accountability and transparency
• Government guarantees and contingent debt
• Microfinance
• Chinese Sovereign and SOE lending

Capital Flows and Development:
• Bond market development
• Ratings and rating agencies
• Country credit spreads
• Exchange rate risk and management
• Project Finance in Public-Private Partnerships
• The market for project finance: Applications and sectors
• Project characteristics and risk analysis
• Designing projects and managing risk
• Financing the deal

Innovative Financing Mechanisms for Economic Development:
• Private equity
• Future-flow securitization
• Impact-investment funds
• Diaspora remittances

Negotiations:
• Negotiating techniques
• Negotiating with international donor organizations
• Debt restructuring
• Role of outside advisors

2021 Speaker

COURSE ADVISOR:

Reid Click
Associate Professor of International Business and International Affairs & Chair of the International Business Department, George Washington University