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 critical to containing the damage.
Sovereign Debt Restructuring Process Improving Amid Cooperation, Reform
1 Days(s) Ago 👁 72
Recommended For You