Sovereign default/Definition

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< Sovereign default
Revision as of 10:49, 27 March 2009 by imported>Nick Gardner (New page: <noinclude>{{Subpages}}</noinclude> a government's repudiation of its interest payment or debt repayment obligations, usually because of the operation of the ''debt trap".)
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A definition or brief description of Sovereign default.

a government's repudiation of its interest payment or debt repayment obligations, usually because of the operation of the debt trap".