The SAFE Policy Center and the Center for Financial Studies (CFS) organize and cordially invite you to attend a policy lecture on
Debt Sustainability - A Global Perspective
Download the presentation (pdf)
Watch the video on our YouTube channel
Ludger Schuknecht, Vice President and Corporate Secretary at Asian Infrastructure Investment Bank (AIIB)
Introduction: Otmar Issing, CFS President
Moderator: Jan Pieter Krahnen, SAFE Director and Goethe University
to be held on 27 January 2022, 10:00 a.m. - 11 a.m., via Zoom
High public debt and fiscal vulnerabilities put economic and political stability at risk. Low growth, financial crisis and international contagion could make it worse. And debt is highest in the largest economies, making it a global challenge. The study presents the facts, discusses the challenges and presents scenarios on how to deal with too much debt.
Ludger Schuknecht is responsible for AIIB’s relations with its Members, the Board of Governors, the Board of Directors and other aspects of governance including the admission of new Members. Before joining AIIB, he has held important leadership posts at the national and international levels. Most recently, he was a Visiting Professor at the Lee Kuan Yew School of Public Policy, Singapore. Prior to this role, he was Deputy Secretary-General at the Organization for Economic Co-operation and Development (OECD) and was previously Chief Economist and Director General of Germany’s Federal Finance Ministry. He has extensive experience working with international financial institutions, including the International Monetary Fund (IMF) and the World Bank. He also acted as the Chief Negotiator for Germany in the founding of AIIB, making him one of the architects of the founding of AIIB and the drafting of its Articles of Agreement. In addition, Schuknecht was Co-chair of the Infrastructure Investment Working Group of the G20.
This lecture is a part of the SAFE Policy Lecture Series aiming at fostering debates on policy-relevant issues.