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Debt Management in Uncertain Times (World Bank)

Debt Management in Uncertain Times – Proceedings of the first Public Debt Management Network Conference, held in Paris on September 4-5, 2019 published by World Bank, MET, OECD indicated by Alvaro Manoel (10/2020)

Given the rising government debt globally and growing contingent liabilities, yet limited comprehensive and analytical discussions on the topic, the Conference addressed the dynamics of debt accumulation, the approaches to improve quantitative and analytical public debt management in the context of a shifting macroeconomic, geopolitical, regulatory, and technological environment. Nineteen papers were presented in eight sessions, focusing on the areas of sovereign asset and liability management, modeling the cost and risk tradeoff in public debt management, approaches to debt sustainability and government securities market. The main topics debated during the Conference are briefly discussed in the following to provide an in-depth background and a perspective going forward, given the COVID-19 pandemic increased vulnerabilities of government debt to external shocks.[…]

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