02/12/2015 : Workshop "Dealing with excessive corporate indebtedness"

Considerable deleveraging needs remain in the corporate sector for a number of EU countries and that in some countries an adequate policy response is becoming urgent. The extent of the needed adjustment calls for a wide range of policy initiatives, including those directly addressing outstanding debt stocks. This workshop aims at increasing our understanding of determinants and effects of corporate debt and its complex interactions with the rest of the economy. The workshop will aim also at improving ECFIN's assessment of country-specific challenges related to corporate debt and provide better support for policy recommendations.

Topics

The workshop will be a one-day event featuring three sessions of analytical presentations, three scene-setting interventions and a final policy-oriented panel discussion.

The first session will set the framework of corporate debt.
The second session will focus on the link between deleveraging and growth.
The third session will focus on the connections between corporate debt, the financial sector and financial crises.
The panel will aim at distilling lessons from country cases and implications for the future. The discussion will be structured in two parts: presentations and then second-round interventions. The panel would comprise participants from public institutions and international organisations and from the private sector