Sovereign debt sustainability: multilateral debt treatment and the credit rating impasse.

Mak, Charles Ho Wang

Abstract

This is a review of "Sovereign Debt Sustainability: Multilateral Debt Treatment and the Credit Rating Impasse" by Daniel Cash (Routledge, 2022). The 2007-09 global economic crisis resulted in pressing issues for many countries, especially those with lower-income levels, which saw their sovereign debt increase exponentially. The COVID-19 pandemic has only worsened matters. As a result, there is an urgent need for innovative solutions to address the problem and ensure the sustainability of sovereign debt. In this regard, the reviewed book provides valuable insights into this field.

Citation

MAK, C.H.W. 2023. Sovereign debt sustainability: multilateral debt treatment and the credit rating impasse. INSOL world [online], 2023(1st Quarter), page 39. Available from: https://publications.insol.org/view/823629741/39/

• Journal Article Type: Book Review
• Acceptance Date: Mar 6, 2023
• Online Publication Date: Mar 16, 2023
• Publication Date: Mar 31, 2023
• Deposit Date: Jul 20, 2023
• Publicly Available Date: Jul 21, 2023
• Journal: INSOL world
• Publisher: INSOL International
• Peer Reviewed: Peer Reviewed
• Volume: 2023
• Issue: 1st Quarter
• Pages: 39
• Item Discussed: CASH, D. 2022. Sovereign debt sustainability: multilateral debt treatment and the credit rating impasse. Abindgon: Routledge. ISBN 9781032198651
• Keywords: Sovereign debt; National debt; Debt sustainability; International finance
• Public URL: https://rgu-repository.worktribe.com/output/2015419
• Publisher URL: https://publications.insol.org/view/823629741/39/