Sovereign Debt Markets and Sovereign Debt Crises, 1800–1913
Government debt crises have troublesome effects on the financial sector worldwide since economies will deteriorate and developed countries will be negatively impacted. Notably, economic crises are contagious and their consequences may be wide-ranging and diverse, from economic instability, financial market turbulence, and social unrest. Hence, analyzing the triggers and mechanics of sovereign debt crises becomes ... Read More
Pages: 9 Words: 2274