Ukraine has incurred a sovereign credit default after electing not to make payments owed Monday to holders of $2.6 billion of its debt securities. Ukraine’s Finance Ministry said last week the planned ...

This paper develops a theory of sovereign debt sustainability driven by the government’s motive for redistribution. It studies a heterogeneous-agent small open economy in which redistribution relies ...

RECENT DEVELOPMENTS in Argentina, Ecuador and elsewhere once again have brought to the fore concerns regarding the ability of creditors of sovereign states and their agencies to recover on the ...

LONDON/GENEVA (Reuters) -A new U.N.-supported forum designed to help tackle the most pressing debt issues across emerging economies was launched on Wednesday as policymakers warned that ever-rising ...

The repercussions of a sovereign debt default are seldom acknowledged. The hardships endured by nations that have defaulted are rarely discussed in countries facing economic strain. Recovery efforts, ...

Treasury Cabinet Secretary John Mbadi has defended the government’s management of Kenya’s public debt, saying timely decisions helped the country avoid a potentially devastating sovereign default.

Sri Lanka’s recent regulatory measures to introduce Domestic Dollar Bonds and widen investor participation represent “two coordinated phases of a domestic foreign currency funding strategy” aimed ..