Problem

Bankruptcy of countries

Incidence:

In 1998 76 states remained in default on their foreign bonds, effectively declaring their bankruptcy to the international community. On average, two new states a year have declared bankruptcy during the 1990s.

Broader Problems:
Insolvency
Subject(s):
Commerce Finance
Related UN Sustainable Development Goals:
GOAL 8: Decent Work and Economic GrowthGOAL 11: Sustainable Cities and CommunitiesGOAL 17: Partnerships to achieve the Goal
Problem Type:
D: Detailed problems
Date of last update
04.10.2020 – 22:48 CEST