Discover how countries manage sovereign debt, the associated risks, and potential solutions to avoid defaults. Learn why debt ...

Discover how sovereign debt allows governments to fund projects, boost economies, and the risks involved. Explore features, credit ratings, and growth impact.

Moody’s attempt to improve the transparency and predictability of its credit ratings should be welcomed. But is it high time the agency dropped the pretence of default-signalling when, like its rivals ...

There was a time when Portugal was a giant of world exploration and maritime travel. But that status was interrupted by an earthquake in 1755, followed by a Spanish invasion. And today, Portugal holds ...

This paper develops a New Keynesian model with sovereign default risk (NK-Default). We focus on the interaction between monetary policy, conducted according to an interest rate rule that targets ...

Pakistan has recorded one of the “sharpest drops” in sovereign default risk globally and now ranks as the second-best performer in the world, according to Credit Default Swap (CDS)-implied data ...

This paper measures the output costs of sovereign risk by combining a sovereign debt model with firm- and bank-level data. In our framework, an increase in sovereign risk lowers the price of ...

In 2022, North America and Western Europe scored highest on the democracy index, and Middle East and Africa scored the lowest. Much of Western Europe, Australia & New Zealand and Canada/United States ...

LONDON, Oct 27 (Reuters) - Sovereign default risks are on course to rise further in 2021, with Iraq, Sri Lanka, Angola and Gabon at high probability of default, say Goldman Sachs analysts. Five ...