Sovereign debt sustainability: multilateral debt treatment and the credit rating impasse
Auteur :
Cash, Daniel
Éditeur :
Taylor & Francis Ltd
ISBN :
9781032198668
Date de publication :
27 mai 2024
Dimensions :
23,4 x 15,6 cm
Poids :
280 g
Langue :
Anglais
Pays d'origine :
Grande Bretagne
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’.