Sovereign Debt issues in Latin America
It is estimated that within Latin America, most countries have a sovereign debt that exceeds half of their GDP. This is cited as a factor limiting the region from attaining sustainable development goals. There is concern that governments spend more on debt interest payments than on education or healthcare. Oxfam calls this phenomenon "debtocracy" trapped in cycles of debt. They claim that private creditors block or avoid participation in multilateral debt relief efforts, such as Debt Suspension Services. This webinar will discuss the role of law in pursuing debt sustainability while respecting human rights. This session is bilingual--some presentations will be in English and others in Spanish.
Speakers:
- Astrid Iversen, Associate Professor University of Oslo
- Julieta Rossi, Professor, Universidad Nacional de Lanús
- Karina Patricio Ferreira Lima, Associate Professor Leeds School of Law
- Anahí Wiedenbrüg, Researcher Latin American University of Social Sciences FLACSO
- Mariana Hernández, Senior Human Rights Counsel
Moderator:
- Cecilia M. Bailliet, Co-Chair of Latin America Interest Group of ASIL
- Oyeniyi O Abe, Co-Chair of the Human Rights Interest Group of ASIL
Cosponsored by the Human Rights and Latin America Interest Groups of the American Society of International Law.