The World Bank Group

timezone icon TimeZone (America/Los Angeles)
Wednesday, April 6, 2016 6:00:00 AM PDT - 7:15:00 AM PDT
Parliamentary Budget Offices (PBOs) are often tasked with assessing the debt sustainability of the national government and evaluating if policy changes are required to correct the long-term path of public debt. In doing so, PBOs deal with complementarities and trade-offs between fiscal and external sustainability, and interactions and feedbacks among policy and endogenous variables affecting debt ratios such as external economic challenges.
This webinar will discuss the standard framework used in the analysis of debt sustainability in developing country context. The webinar will also cover a critical assessment of the IMF and World Bank’s approach to debt sustainability analysis and its policy advice regarding public finances and balance-of-payments for developing countries. It will discuss topics such as the data sources for debt sustainability analysis, methods to analyze the data and what type of expertise/resources need to be there to undertake an assessment and risks associated with external debt distress.


Elliot Joseph Riordan
Elliot Joseph Riordan has been with the World Bank for more than 20 years where he has worked in analysis and forecasting for global and developing regional economies; preparation of studies for emerging market countries on their interactions with the international environment; and leading production of daily newsletters and monthly reports. He is a co-author of several flagship publications, including the Global Economic Prospects and Global Development Finance. Prior to joining the Bank, Riord

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