Sentences with phrase «sovereign debt burden»

This represents a dangerous circumstance for the country because they are an economy that carries the world's largest sovereign debt burden.

Not exact matches

James Dean, an economist at Simon Fraser University who has studied sovereign - debt crises in Latin America, Asia and Europe over four decades, says one of the great paradoxes of sovereign debt is that countries can manage heavy burdens for a long time.

[5] Until policymakers take on the debt burden directly, the historical precedents seem to tell us very firmly, sovereign borrowers have never been able to implement reforms that improve efficiency enough to allow them to grow out of their debt burdens.

The rising U.S. federal debt burden now ranks the U.S. among the most leveraged developed - market countries, and puts the U.S. at increased risk of a sovereign - debt credit rating downgrade if the current trend continues.