What Shadows will Sovereign Debt Cast across the Decade
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Ciccotosto, Susan
Hamilton, John
Loban, Heron
Pryce, Josephine
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Honolulu, Hawaii
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A country's future sovereign debt depends on its domestic macroeconomic performance, its sustainability, its ability to attract foreign investments, and whether its economy can pay-off domestic and external debts. The global financial crisis shows that unsustainable debt is harmful to any economy regardless of size. Consequently, into the future, countries need to develop effective policy responses to compensate against possible sovereign debt and interest rate rises, otherwise their international ratings may be downgraded, and their economies weakened.
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Proceedings of 12th Annual Hawaii International Conference on Business
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After all reasonable attempts to contact the copyright owner, this work was published in good faith in interests of the digital preservation of academic scholarship. Please contact copyright@griffith.edu.au with any questions or concerns.
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Commerce, management, tourism and services
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Chaiechi, T; Ciccotosto, S; Hamilton, J; Loban, H; Pryce, J, What Shadows will Sovereign Debt Cast across the Decade, Proceedings of 12th Annual Hawaii International Conference on Business, 2012, pp. 523-542