Summary Takeaways included how tighter monetary policy, a strong dollar and global economic malaise were weighing on developing nation's ability to service sovereign debt obligations. During the middle of 2022, we believed credit rating downgrades and a wave of sovereign defaults were likely to materialize.
While the global economy is not without challenges and uncertainties, we believe the global landscape has evolved in a way where emerging market sovereign default risks have come down and the most challenging post-COVID period for widespread sovereign stress in the developing world is in the past. In August 2022, when the global backdrop was arguably most concerning for emerging markets, we developed a framework to identify sovereigns potentially at risk of default.
Nigeria Nigeria Latest News, Nigeria Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: Crypto_Potato - 🏆 568. / 51 Read more »
Source: petapixel - 🏆 527. / 51 Read more »
Source: Utoday_en - 🏆 295. / 63 Read more »
Source: Crypto_Potato - 🏆 568. / 51 Read more »
Source: Crypto_Potato - 🏆 568. / 51 Read more »