Max Planck Lecture Series on Sovereign Debt: “The Law and Economics of Sovereign Debt and Default”

As part of its Lecture Series on Sovereign Debt, the Max Planck Institute Luxembourg is organising a lecture on the topic “The Law and Economics of Sovereign Debt and Default” on Wednesday, 5 October.

The lecture is the first in a series of Max Planck lectures supported through the FNR’s RESCOM: Scientific Events programme. This first lecture will delve into the legal and economic foundations of sovereign debt. Basic questions such as ‘What makes sovereign debt different from other debts?’ ‘Why do sovereigns repay their debt?’ ‘Why do lenders lend to sovereigns to start with?’ ‘Why do sovereign debt crises occur?’ ‘What are the legal and economic consequences of default?’ will be addressed, both from legal and economic perspectives.


Lecturer: Prof. Ugo Panizza, Professor of Economics and Pictet Chair at the Graduate Institute, Geneva.

Discussant: Prof. Pierre-Henri Conac, Professor of Commercial and Company Law at the University of Luxembourg – founder of the Master 2 in European and International Financial Law, specialisation in Banking and Financial Law (LLM).

Time and location

Date and time: Wednesday, 5 October 2016, 16:00

Location: Max Planck Institute Luxembourg
Conference room, 4th floor
4, rue Alphonse Weicker
L-2721 Luxembourg

More information

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