The Zimbabwe Multi-Stakeholder Debt Conference, 7-11 September 2020
The Zimbabwe Multi-stakeholder Debt Conference is hosted by African Forum and Network on Debt and Development (AFRODAD) in collaboration with Zimbabwe Coalition on Debt and Development (ZIMCODD) to discuss solutions to the country’s debt situation. The conference will bring together different stakeholders from diverse backgrounds such as government, parliamentarians, think tanks, civil society organizations, International Financial Institutions, the private sector, academia and the media.The conference will be held in Kadoma, Zimbabwe from 7 – 11 September 2020
Public debt in Sub-Saharan African continued to rise despite debt forgiveness extended to them under HIPC and MDRI (AfDB, 2020). Recently, most African countries have experienced a structural shift in public debt composition with concessionary funding declining while lending from private creditors and emerging bilateral creditors such as China has increased. Growth especially in Southern Africa remain fragile but at the same time a number of countries are gravitating towards debt distress. Zimbabwe is one of the eight African countries that are already in debt distress (IMF, 2018). Most countries especially in SSA need development finance to meet their national, regional and international developmental goals. Policy makers are faced with a difficult task of balancing public borrowing and at the same time steering the country on a sustainable economic development path.
Developing strategic and coherent approaches to sustainable public debt management that maximise the impact of state resources and leverage in private sector resources also requires further research and analysis. The 2020 Annual Debt Conference will explore transparency and accountability issues around public finance management as well as issues around sustainable debt management with the ultimate objective of promoting inclusive development. The conference will pick up outcomes of the 2019 conference to deepen the understanding of a cross section of issues, and the related opportunities and challenges.
Call for Papers
The Annual Multi-Stakeholder Debt Conference is a high-level conference that will bring together policymakers, researchers, academics, International Financial Institutions, Diplomats, Development Partners and industry players who are involved in various aspects of fiscal justice. The organizers are calling for Abstracts on papers covering the following themes:
- Impact of public debt on public service delivery : The gender implications of rising debt crisis in sub-Saharan Africa
- Debt and the securitization of development finance – Useful innovation or recipe for more toxic debt?
- Exploring Debt vulnerabilities of developing countries to debt conditionalities: The Case of IMF Staff Monitored Programme in Zimbabwe.
- Nexus between Debt and Corruption in Zimbabwe’s Public Finance Management
- Unpacking Extractives, Debt and Inequality in the SADC Region
- New forms of lending (goods and services, currency swaps) and public debt in Zimbabwe.
- Domestic Resource Mobilisation for development: Challenges and Opportunities
- The role of International Financial Institutions in the fight against Illicit financial Flows: Understanding the nexus between illicit financial flows and public debt.
- The impact of Public debt on the achievement of sustainable development goals.
- Effect of pandemics like corona virus and climate induced disasters on public debt.
The travel and accommodation costs of selected presenters will be covered by conference hosts. Authors are expected to submit a full version of their paper for distribution and publication in addition to the presentation during the conference.
To be considered, abstracts should be submitted by 29 May 2020. Authors will be notified of the decision by Mid-June 2020. Final papers are due for submission by 21 August 2020.