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You searched for: label/sovereign debt

Accountability Bond Accounting

…the rules for resolution in case of default to be enforceable (which is tricky with sovereign debtors but at least involves judges not politicians). The reform is also only appealing…

The IMF’s Flexible Credit Line

…record of steady sovereign access to international capital markets at favorable terms” “Low and stable inflation, in the context of a sound monetary and exchange rate policy framework” However, lower…