Private Sector Engagement and Equitable Burden Sharing: A New Model

Who gets a seat at the table? That was the question of the day during BWC’s sovereign debt focused panel. The answer was: everyone. The official sector, the private sector, China, and western creditor nations were all named as key players in the process of equitable debt restructuring and burden sharing. The panel made the point that only when all of these actors are working in concert do countries have a chance of climbing out of the dire crises they are in and regaining market access.