Since 2014, the Bank of Canada (BoC) has maintained a comprehensive database of sovereign defaults to systematically measure and aggregate the nominal value of the different types of sovereign ...

The Maldives is grappling with a mounting debt crisis that threatens its economic sovereignty, as foreign exchange reserves ...

Ethiopia has reached a deal with its official creditors to restructure $8.4 billion of international debt, a key milestone in ...

Miller, Max, James Paron, and Jessica Wachter. "Sovereign Default and the Decline in Interest Rates." Working Paper, June 2023. (Revise and Resubmit, Review of Financial Studies.) ...

Global credit rating agency Moody's Investors Service on Friday said that 2022 saw a spike in the annual sovereign bond defaults with seven countries defaulting on repayments. In 2023, there were ...

Pakistan crossed many "red lines" for the International Monetary Fund programme and compromised its "dignity" to bridge the ...

Lebanese Finance Minister Yassine Jaber announced a forthcoming agreement with the International Monetary Fund, signaling potential relief for Lebanon's ongoing economic crisis, which began in 2019 ...

Until recently, few efforts have been made to systematically measure and aggregate the nominal value of the different types of sovereign government debt in default. To help fill this gap, the Bank of ...