Sovereign Debt Restructuring Process Is Improving Amid Cooperation And Reform – Analysis

Sovereign Debt Restructuring Process Is Improving Amid Cooperation And Reform – Analysis

Eurasia Review

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The global economy avoided what could have been a systemic debt crisis during the turbulence of recent years, but vulnerabilities remain amid high debt servicing costs that pose;an important challenge;for low and middle-income countries. Some may yet confront major tests.

When countries do falter on debt, restructuring is...

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