You cannot register for this meeting

Date: 27-29th March 2024 Venue: La Palm Royal Beach Hotel, Accra On the back of the COVID-19 pandemic, African countries face another debt crisis, a situation mirroring the 1970s. Economic contractions, declining raw material prices, and disrupted imports exacerbate this crisis. Initiatives for debt relief have delivered limited results. IMF and World Bank interventions have yielded increased austerity, indebtedness & defaults. Geopolitical tensions further complicate debt restructuring. With 24 African countries at risk of debt distress, urgent action is needed to prevent further setbacks to development goals. Reforms in debt restructuring mechanisms & global financial systems are imperative for sustainable solutions. IDEAs is organising an international conference from March 27 to 29, 2024 in Accra, Ghana to discuss these issues. It will be attended by experts, policymakers, members of civil society and others. This gathering will provide an opportunity to discuss the legacy of the G77's NIEO on the 50th anniversary of its launch, as well as proposals aimed at reforming the international financial architecture. March 27, 2024 Keynotes by Prof. Adebayo Olukoshi on ‘The African Debt Crisis – Past, Present and What the future holds’; Prof. José Antonio Ocampo on ‘What’s Wrong with IMF’s Debt Sustainability Analysis and Orthodox Adjustment Strategies’; Prof. Jan Kregel on ‘Debt and development finance in Challenging times’. March 28, 2024 Country Case studies from Africa (Ethiopia, Malawi, Nigeria, Zambia) Asia (Sri Lanka) Latin America (Argentina, Ecuador, Mexico) & roundtable discussions among Ghana’s political actors. March 29, 2024 Panel on ‘Towards an Alternative External Debt Restructuring Template’ and another Addressing Trade and Capital Account Vulnerability. Some eminent IDEAs experts speaking at the Conference: Jayati Ghosh, Jomo Kwame Sundaram, Dzodzi Tsikata, C.P. Chandrasekhar, Ndongo Samba Sylla, Ahilan Kadirgamar & Charles Abugre.