4min chapter

Moody’s Talks – The Big Picture cover image

Unraveling the recent sovereign default wave

Moody’s Talks – The Big Picture

CHAPTER

Addressing Coordination Problems in Sovereign Debt and Future Default Concerns

This chapter explores the global solution known as the G20 common framework for addressing sovereign debt coordination problems. It delves into the challenges, limited attraction, and burden-sharing issues of the framework, as well as identifies vulnerable countries at risk of future defaults.

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