Public Debt Management 101 (Core Module)

 

This compulsory module will provide a solid background to PDM which students can further develop in the optional modules. Illustrative topics include:

 

• Recent debt crises, economic impact and resolution

• Social impact of debt crises (poverty, gender, youth) 

• Debt within a Public Financial Management (PFM) context 

• Determining the need for borrowing

• Debt & cash management

• Legal and institutional aspects of debt management

• External debt (public and private) and the loan cycle

• Domestic debt market development and borrowing

• Recent developments in PDM

• Sub-national debt 

• Debt data accounting and statistics 

• IT applications in PDM 

• Debt Sustainability Analysis

• Cost and Risk trade offs

• Contingent liabilities, on-lending and the issuance of government guarantees

• Assets and liabilities management

• Debt restructuring and rescheduling

• Devising and implementing a Debt Management Strategy