The President of EMEA, Prof. Rym Ayadi participated at the webinar “Sovereign defaults and debt transparency: what’s ahead?” which weas organised by CountryRisk.io on 06 July 2021. The webinar was moderated by Dr. Moritz Kraemer, Chief Economist at CountryRisk.io and member of the EMEA Expert Panel.
At her intervention Prof. Ayadi discussed the progress and obstacles in enhancing debt transparency in emerging and developing countries in what has become a more multi-creditor world. She highlighted that “without debt transparency, high incidence of policy mistakes and continuing persistence of uncertainty the probability of default of vulnerable countries will increase, and messy restructuring will be economically and socially detrimental”.
