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Routledge
Sovereign Debt Sustainability: Multilateral Debt Treatment and the Credit Rating Impasse
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About this Product
Explains that the reason for the failure of recent initiatives to alleviate the poorest countries debt-related issues is an inability to bring sovereign countries to the table to re-negotiate their debt agreements with private creditors, as they fear the credit rating agencies and the prospect of a downgrade: the Credit Ratings impasse.
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