The Center for International Governance Innovation (CIGI)’s Global Economy Program and Columbia University’s Initiative for Policy Dialogue (IPD) will co-host a conference on Sovereign Debt Restructuring, to be held at Columbia University on September 22, 2015. Sovereign debt restructuring plays a major role in the preservation of financial and political stability. However, no commonly agreed multinational rules exist and each case has the potential to open the door to greater instability and to spread antagonism.

This CIGI-IPD conference at Columbia University will summarize lessons learned over the past year of discussions led by the United Nations, ICMA, the IMF, Columbia University IPD and CGEG, CIGI, and UNCTAD, and aim  to provide guidance to policymakers and inform the ongoing discussions at the United Nations on how to implement a multinational legal framework for sovereign debt restructuring. Director of the Global Economy Program Domenico Lombardi, Senior Fellows Gregory Makoff and Susan Schadler, and Manager of the Global Economy Program Alisha Clancy will attend on behalf of CIGI's Global Economy program. Director of the International Law Research Program Oonagh Fitzgerald, and Senior Fellows Mark Jewett and Steven Schwarcz Swill attend on behalf of the International Law Research program.

Event Speakers

Photo of Susan Schadler

Susan Schadler

CIGI Senior Fellow

Susan Schadler is a CIGI Senior Fellow. She is a former deputy director of the International Monetary Fund’s European Department, where she led surveillance and lending operations to several countries and managed a number of research teams working on European issues. Her current research interests include the sovereign debt crisis, global capital flows, global financial institutions and growth models for emerging market economies.

Photo of Gregory Makoff

Gregory Makoff

CIGI Senior Fellow

CIGI Senior Fellow Gregory Makoff is currently researching issues in international financial policy, including the management of sovereign debt crises. As an expert in sovereign debt and an experienced debt capital markets professional, Mr. Makoff’s transaction advisory experience will inform his work with CIGI on sovereign debt.

Photo of Oonagh Fitzgerald

Oonagh Fitzgerald

Director of the International Law Research Program

As director of CIGI’s International Law Research Program, Oonagh Fitzgerald established and oversees CIGI’s international law research agenda, which includes policy relevant research on issues of international economic law, environmental law, intellectual property law and innovation, and Indigenous law.

Photo of Mark Jewett

Mark Jewett

CIGI Senior Fellow

Mark Jewett is a CIGI senior fellow with the International Law Research Program. He is counsel to Bennett Jones LLP, where his practice focuses on domestic and international aspects of financial law. At CIGI, he will research and write on sovereign debt and cross-border insolvency.

Photo of Steven L. Schwarcz

Steven L. Schwarcz

CIGI Senior Fellow

Steven L. Schwarcz is a CIGI senior fellow, effective October 2014. An expert in international and US financial law, Steven is leading research on the Financial Stability Board with CIGI’s International Law Research Program.

Program