Sovereign Debt and Global Financial Stability (2025–2027)
Sovereign debt remains a defining fault line for global markets. Emerging and frontier economies continue to face high debt burdens, tighter external financing conditions, and complex restructuring processes. At the same time, the international debt architecture is evolving—through the G20 Common Framework, the Global Sovereign Debt Roundtable, and innovations such as state-contingent instruments and climate-resilient […]