Why don't powerful militaries like their sovereign to default?

Anonymous, A. (21 October 2022) Why don't powerful militaries like their sovereign to default? Africa at LSE.
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Public debt vulnerabilities in Africa have reached alarming heights. As news of debt crises break again, the ultimate decision for or against a default hinges on a complex set of economic and political variables. With the resurgence of autocrats and militaries in Africa, it is key to examine their peculiar stake in debt default and how default avoidance and debt service contributes to autocrats’ economic survival. The author wishes to remain anonymous.

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