Sovereign Debt Restructurings: Prospects and Challenges in Argentina

Join GIC and LeBow College of Business at Drexel University on Friday, February 28, 2020 for the third annual Sovereign Debt Restructurings conference, focusing this year on Argentina’s prospects and challenges in their restructuring process.

Argentina has experienced many economic crises and defaults throughout its history. Currently it is also facing several economic and political adversities. The conference will shed some light on concurrent developments, explore future prospects, and draw lessons from other sovereign debt restructurings.

Conference Co-Chairs: 

• George Tsetsekos, Francis Professor of Finance and Dean Emeritus, LeBow College of Business
• Michael G. Papaioannou, TA Expert-Advisor, IMF and Visiting Scholar and Professor, LeBow College of Business

Students of Drexel University can register by clicking here.

Agenda

8:30 a.m. | Registration

9:00 a.m. | Opening Remarks

• Vibhas Madan, Ph.D., Interim Dean, LeBow College of Business at Drexel University
• George Tsetsekos, Francis Professor of Finance and Dean Emeritus, LeBow College of Business
• Michael G. Papaioannou, TA Expert-Advisor, IMF and Visiting Scholar and Professor, LeBow College of Business

9:10 a.m. | Session 1: Old Constellations and New Crossroads
Overview and current developments

• Chair: Mark Sobel, U.S. Chair, Official Monetary and Financial Institutions Forum (OMFIF)
• Panelists:
  • Ed Bartholomew, Lecturer in finance at George Washington University, School of Business
  • Edgardo Demaestri, Chief Editor, Proyeccion Economica
  • Robert Kahn, Director of Global Strategy, Eurasia Group

10:20 a.m. | Session 2: Is Argentina Sui Generis?
Market, legal, and credit rating agencies perspectives

• Chair: Rafael Molina, Managing Partner, Newstate Partners
• Panelists:
  • Elena Duggar, Chair of Moody’s Macroeconomic Board
  • Anna Gelpern, Professor of Law, Georgetown University Law Center and Nonresident Senior Fellow, Peter G. Peterson Institute for International Economics
  • Hans Humes, Chairman and Chief Executive Officer, Greylock Capital

11:30 – 11:45 a.m. | Break

11:45 a.m. | Session 3: What Have We Learned?
Empirical views on sovereign debt restructurings

• Chairs:
  • Tamon Asonuma, Economist in the Strategy Policy and Review Department, IMF
  • Maria Olivero, Associate Professor – Economics, LeBow College of Business
• Panelists:
  • Satyajit Chatterjee, Senior Economic Advisor in the Research Department of the Federal Reserve Bank of Philadelphia
  • Juan Passadore, Assistant Professor of Economics at the Einaudi Institute for Economics and Finance
  • Toan Phan, Senior Economist in the Research Department, Federal Reserve Bank of Richmond

1:00 p.m. | Concluding Remarks

• George Tsetsekos, Francis Professor of Finance and Dean Emeritus, LeBow College of Business
• Michael G. Papaioannou, TA Expert-Advisor, IMF and Visiting Scholar and Professor, LeBow College of Business

1:15 p.m. | Adjournment