debt Archives

How deep in debt? Measuring sovereign default risk

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Researchers propose a more comprehensive means to estimate sovereign credit risk.

Sovereign credit risk is when a government is under threat of being unable to meet its loan obligations and going bankrupt. Traditional ways of measuring such risk are fundamentally flawed. Researchers Manish K Singh from IIT Roorkee in India, Marta Gómez-Puig from the University of Barcelona, and Simón Sosvilla-Rivero from the Complutense University of Madrid, Spain propose a new measure […]

Debt narratives to break free

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For over-indebted individuals in Sweden, getting out of poverty can be tricky because of the country’s debt-reconstruction rules. A new study by Professors Pernilla Liedgren and Christian Kullberg at Mälardalen University, Sweden, finds how debtors tell their story could have a profound effect on whether their application is successful. Heavily indebted individuals living in Sweden may turn to the country’s […]

Why we need to reassess the sustainability of aging populations

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The rise of fossil fuels and with it mechanisation means that people now live much longer and healthier lives.

Modern societies have largely been able to grow and develop due to fossil fuels and monetary systems. However, with more aging populations around the world, questions are starting to be asked about the sustainability of this paradigm. Professor Kozo Torasan Mayumi of the Kyoto College of Graduate Studies for Informatics in Japan reassesses the double-edged nature of fossil fuels and […]