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Sovereign Debt


"Sovereign Debt: Now What?" by Anna Gelpern

The sovereign debt restructuring regime looks like it is coming apart. Changing patterns of capital flows, old creditors' weakening commitment to past ...

The Unfolding Sovereign Debt Crisis | Current History

In April 2022, the government suspended payment on all sovereign bonds, initiating what would become the first default in the country's history.

Sovereign Default: Definition, Causes, Consequences, and Example

Sovereign default is the failure of a national government to repay its debts. A government that defaults is unlikely to have access to the debt markets again ...

Who holds sovereign debt and why it matters

Findings. Private non-bank investors, mainly investment funds, increase their holdings of sovereign debt by more than other investors as the ...

Managing sovereign debt - World Bank Open Knowledge Repository

Governments and their creditors can benefit from improvements in sovereign debt transparency, which requires comprehensive disclosure of claims against the ...

Sovereign Debt Relief and its Aftermath | Harvard Kennedy School

This paper studies sovereign debt relief in a long-term perspective. We quantify the relief achieved through default and restructuring in two distinct ...

Chair in Sovereign Debt and Finance - Sciences Po

Our objective is to advance policy-oriented research on sovereign debt and the international financial architecture and to promote better policies and practice.

Sovereign Debt in the Twenty-first Century

Sovereign Debt in the Twenty-first Century by Kris James Mitchener and Christoph Trebesch. Published in volume 61, issue 2, pages 565-623 of Journal of ...

Sovereign default - Wikipedia

A sovereign default is the failure or refusal of the government of a sovereign state to pay back its debt in full when due. Cessation of due payments (or ...

The ABCs of Sovereign Debt Relief | Center For Global Development

Sovereign debt restructuring is complex, involving the national government, international creditors, and various third parties, principally the IMF.

Analyze This! Sovereign Debt - YouTube

Is high public debt cause for alarm? Not necessarily, says IMF advisor S. Ali Abbas. As governments around the world are taking on debt at ...

Sovereign Debt - an overview | ScienceDirect Topics

Sovereign Debt ... Sovereign debt refers to the money borrowed by a government from international lenders, where enforcing repayment is challenging due to limited ...

Sovereign Debt 2024: Borrowing Will Hit New Post-Pandemic Highs

We project that the 137 sovereigns we rate will borrow an equivalent of $11.5 trillion from long-term commercial sources in 2024. This is an 8% ...

At a precarious moment, the world is awash in sovereign debt

The “gilt meltdown” of 2022 was a reminder that countries rich, poor, and in-between are loaded with debt following the COVID-19 pandemic.

Sovereign Debt - NatureFinance

Sustainability-linked sovereign debt works by turning this vicious cycle into a virtuous circle. Investors offer a lower interest rate on a government's ...

Sovereign Debt Crises, Restructurings and Resolution Mechanisms

The book “This time is different: Eight Centuries of Financial Folly” 1 offers compelling evidence that sovereign debt crises have been occurring for a long ...

Sovereign Debt - Cleary Gottlieb

Record Emerging Market Sovereign Debt Sales Bring Opportunities and Risks for Investors. SEC Climate Rules' (Non-)Applicability to Sovereign Entities.

Addressing the looming sovereign debt crisis in the developing world

In this policy brief, we propose that the G-20 adopt a Brady-like scheme to accelerate the restructuring of external private sector debt to restore debt ...

The Costs of Sovereign Debt Crises | NBER

Two recent studies examine creditor losses as well as the often-overlooked social costs of sovereign defaults.

The ABCs of Sovereign Debt Relief - Center for Global Development

Debt is not inherently bad; borrowing can allow countries to finance vital government investment. But unsustainable levels of debt can have devastating ...