Debt | | The ability of a country to manage its debt without compromising its long-term economic stability and development. |
External Debt | | Money owed by a borrower to a lender, typically with interest or repayment terms. |
Sovereign Debt | | The payments made by a country to service its external debt, including principal and interest payments. |
Debt Crisis | | An assessment of a borrower's creditworthiness, determining the interest rate and risk associated with lending to them. |
Debt Relief | | Economic policies imposed by international financial institutions to address a country's debt and financial issues. |
Default | | The ratio of a country's total debt to its gross domestic product, indicating its debt burden relative to its economic output. |
Credit Rating | | Government policies aimed at reducing public spending and increasing taxation to address debt and fiscal imbalances. |
Interest Rate | | Failure to meet the agreed-upon payment terms or obligations on a debt. |
Structural Adjustment Programs | | Debt owed by a country to international financial institutions, such as the World Bank or International Monetary Fund. |
Austerity Measures | | A situation where a country or entity is unable to meet its debt obligations. |
Debt-to-GDP Ratio | | The partial or complete forgiveness of debt, usually granted to countries facing financial distress. |
External Debt Service | | The percentage of the loan amount charged as interest over a specific period. |
Bilateral Debt | | Debt owed by one country to another, usually resulting from loans or financial assistance. |
Multilateral Debt | | Debt incurred by a national government, often through issuing bonds or loans. |
Debt Sustainability | | The total amount of money owed by a country to foreign lenders or institutions. |