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Sovereign Debt Sustainability

About Sovereign Debt Sustainability

Explains that the reason for the failure of recent initiatives to alleviate the poorest countries' debt-related issues is an inability to bring sovereign countries to the table to re-negotiate their debt agreements with private creditors, as they fear the credit rating agencies and the prospect of a downgrade: the 'Credit Ratings impasse'.

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  • Language:
  • English
  • ISBN:
  • 9781032198651
  • Binding:
  • Hardback
  • Pages:
  • 144
  • Published:
  • November 13, 2022
  • Dimensions:
  • 156x11x234 mm.
  • Weight:
  • 399 g.
Delivery: 2-3 weeks
Expected delivery: December 12, 2024

Description of Sovereign Debt Sustainability

Explains that the reason for the failure of recent initiatives to alleviate the poorest countries' debt-related issues is an inability to bring sovereign countries to the table to re-negotiate their debt agreements with private creditors, as they fear the credit rating agencies and the prospect of a downgrade: the 'Credit Ratings impasse'.

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