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Title African Governments Need to Restructure Their Debt ' And Rating Agencies Can Help | ||
Full text
https://eprints.soas.ac.uk/37760/1/SOAS%20CSF%20Policy%20Briefing%20Kraemer%20Chen%20July%202022.pdf | ||
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Date 2022 | ||
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Author(s) Kraemer, Moritz; Shen, Dennis | ||
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Abstract An effective global debt restructuring framework remains an urgent need, and a supportive element could consist of a change of sovereign rating practices. By integrating severity of financial losses in a default episode, rating agencies could better serve investors, while also incentivising overleveraged governments to seek debt relief. As interest rates rise, the world economy slows and food prices mount, procrastination around debt relief would result in avoidable humanitarian crises. | ||
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Language en | ||
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Publisher SOAS CSF Policy Briefings | ||
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Relation https://eprints.soas.ac.uk/37760/ | ||
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Type of publication Monographs and Working Papers; NonPeerReviewed | ||
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Format text | ||
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Identifier Kraemer, Moritz and Shen, Dennis (2022) African Governments Need to Restructure Their Debt ' And Rating Agencies Can Help. London: SOAS CSF Policy Briefings. | ||
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Repository London - SOAS, University of London 
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| Added to C-A: 2022-07-20;10:44:22 |
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