1st Edition
Sovereign Debt Sustainability Multilateral Debt Treatment and the Credit Rating Impasse
By Daniel Cash
Copyright 2023
154 Pages
5 B/W Illustrations
by
Routledge
154 Pages
5 B/W Illustrations
by
Routledge
In 2020, the G20 proposed a solution for the debt-related issues affecting the world’s poorest countries due to the COVID-19 pandemic. However, their initiatives have failed to meet their objectives. The author argues that the reason for this failure is the inability to bring sovereign countries to the table to re-negotiate their debt agreements with private creditors as they fear credit rating... Read more
Introduction 1. A Modern History of Debt Treatment for African Countries 2. The Impact of the Covid-19 pandemic 3. The DSSI, The Common Framework, and the Credit Rating Impasse 4. Resolving the Credit Rating Impasse: Part One 5. Resolving the Credit Rating Impasse: Part Two 6. The Future for Africa Conclusion
Biography
Daniel Cash is a Senior Lecturer at Aston University, UK, a Fulbright Scholar at New York University’s Stern Business School, and specialises in the regulation of the credit rating industry.
"this book is a must-read for everyone interested in the systemic difficulties of debt sustainability and the credit rating impasse. Its contents, which have been well investigated, and insights, which are based in practice, give useful ideas for dealing with the issue of global debt in a realistic manner." - Charles Ho Wang Mak
