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 dwindle to precarious levels while substantial debt repayments ...

One of the biggest historical sovereign defaults includes the cataclysmic collapse of Icelandic banks that led to a far-reaching recession. Here are some of the most significant and damaging defaults ...

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 ...

Zambia's Copperbelt Energy Corp. will invest $500 million over the next two years to increase its solar power output and double the capacity of a power transmission line to Democratic Republic of ...

Sri Lanka’s 2022 crisis highlighted the potential for India to play an expanded economic role in the region, especially given China’s inaction. Implementing the IMF’s recommendations will be ...

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 ...