Sovereign Debt Sustainability : Multilateral Debt Treatment and the Credit Rating Impasse
by
Daniel Cash
Book Details
Format
Paperback / Softback
ISBN-10
1032198664
ISBN-13
9781032198668
Publisher
Taylor & Francis Ltd
Imprint
Routledge
Country of Manufacture
GB
Country of Publication
GB
Publication Date
May 27th, 2024
Print length
144 Pages
Weight
280 grams
Product Classification:
EconomicsInternational economicsInternational financeManagement accounting & bookkeepingManagement accounting, bookkeeping and auditingFinanceFinance and the finance industryCorporate financeBankingCredit & credit institutionsCredit and credit institutionsBusiness strategyManagement of specific areasCorporate governanceCorporate governance: role and responsibilities of boards and directorsJurisprudence & general issuesJurisprudence and general issuesBanking law
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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’.
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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