sovereign debt crisis
A sovereign debt crisis refers to a situation where a country is unable or unwilling to meet its debt obligations or is faced with an unsustainable level of debt, resulting in significant economic and financial instability within that country.
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Related Concepts (22)
- austerity measures
- bailouts
- budget deficits
- contagion effect
- credit rating agencies
- debt restructuring
- default risk
- economic policy coordination
- economic recession
- european central bank (ecb)
- eurozone sovereign debt crisis
- financial market volatility
- global financial crisis
- government bonds
- government borrowing
- government debt
- greek debt crisis
- international monetary fund (imf)
- national debt
- political instability
- public debt
- unemployment crisis
Similar Concepts
- banking sector crisis
- credit rating agencies and sovereign debt
- currency crisis
- debt crisis
- debt distress
- eurozone debt crisis
- external debt crisis
- financial crisis
- pension crises
- sovereign bonds
- sovereign credit rating
- sovereign credit ratings
- sovereign debt
- sovereign debt burden
- sovereign debt restructuring