Tuesday, May 12, 2015

“Building a fair and orderly framework for sovereign debt restructuring processes”


INVITATION TO AN ESSAY COMPETITION ON INTERNATIONAL REFORM OF SOVEREIGN DEBT RESTRUCTURING

“Building a fair and orderly framework for sovereign debt restructuring processes”

Initiative for Policy Dialogue at Columbia University, The Observatory on Latin America at the New School, Jubilee USA Network and the Embassy of Argentina in the United States proudly invite students across the United States to submit essays on how to “Build a fair and orderly framework for sovereign debt restructuring processes”.
The lack of a multilateral framework for sovereign debt restructurings remains an important gap in the international financial architecture. Because of their systemic consequences, the recent rulings in the case of Argentina´s sovereign debt restructuring have been a game-changer for sovereign debt markets. The international debate on how to address the problem of orderly and predictable sovereign debt restructurings is now more urgent than ever.
A deeper and systematic reflection is needed. The academic community is intensifying efforts in this direction. This essay competition is a unique opportunity for young scholars in the United States to contribute to this ongoing debate.
Selection Committee
Essays will be assessed based on analytical academic rigor, contribution to current research, public policy, and originality by a prestigious selection committee comprised by: Nobel Laureate Joseph Stiglitz, Columbia Professor José Antonio Ocampo, Professor Barry Herman from the New School, Eric LeCompte, Executive Director for Jubilee USA Network and Argentine Ambassador to the United States, Ms. Cecilia Nahón.
Prize
There will be two categories: Undergraduate and Graduate/Post-doctoral. Prizes include a Scholarship to participate in an International Workshop on Macroeconomic Policy Issues to be held in Argentina and the publication of the winning essays as IPD Working Paper at the Initiative for Policy Dialogue at Columbia University. Graduate/Post Graduate winner will also receive US$ 2000 cash prize award.
Important dates
MARCH 16, 2015 Launch and call for papers
JUNE 15, 2015 Submission deadline for all papers
JULY 15, 2015 Notification of winners
For more information about the writing competition and how to participate, please go to:
www.embassyofargentina.us

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