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Sovereign Debt Sustainability: Multilateral Debt Treatment and the Credit Rating Impasse
Hardcover
Series: Routledge International Studies in Money and Banking
Business GeneralEconomicsInvesting & Finance
ISBN13: 9781032198651
Publisher: Routledge
Published: Nov 14 2022
Pages: 144
Weight: 0.88
Height: 0.44 Width: 6.14 Depth: 9.21
Language: English
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'.
1 different editions
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Sovereign Debt Sustainability: Multilateral Debt Treatment and the Credit Rating Impasse
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