Unsustainable sovereign debt is shaping up as one of the greatest threats to global stability in the 21st century. While most of the attention has focused on Greece, a weak global economy, vulnerabilities in banking systems, aging populations and already high debt in a number of countries mean that risks of other serious sovereign debt problems are substantial.

From February 24-26, 2012, CIGI and the Institute for New Economic Thinking (INET) brought together experts, practitioners and eminent persons to take a fresh look at the global legal and institutional frameworks surrounding sovereign debt and discuss whether they are adequate for the immediate and longer term challenges.