These Are The Countries With The Highest Default Risk

“In May 2022, the South Asian nation of Sri Lanka defaulted on its debt for the first time. The country’s government was given a 30-day grace period to cover $78 million in unpaid interest, but ultimately failed to pay. Not only does this impact Sri Lanka’s economic future, but as Visual Capitalist’s Marcus Lu notes, it also raises an important question: which other countries are at risk of default?

https://www.zerohedge.com/geopolitical/these-are-countries-highest-default-risk

Published by markskidmore

Mark Skidmore is Professor of Economics at Michigan State University where he holds the Morris Chair in State and Local Government Finance and Policy. His research focuses on topics in public finance, regional economics, and the economics of natural disasters. Mark created the Lighthouse Economics website and blog to share economic research and information relevant for navigating tumultuous times.

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