A sovereign debt crisis is a situation where a country is unable to pay its debts to both foreign and domestic creditors.

The main causes of sovereign debt crises are excessive government spending, low economic growth, and high levels of public debt.

The consequences of a sovereign debt crisis are loss of confidence in the government, increased interest rates, and currency devaluation.

The different ways to resolve a sovereign debt crisis are debt restructuring, austerity measures, and international financial assistance.

Argentina was the first country to experience a sovereign debt crisis in the 21st century.

Greece is currently experiencing a sovereign debt crisis.

The total amount of sovereign debt in the world is $100 trillion.

The percentage of global GDP that is sovereign debt is 30%.

The average interest rate on sovereign debt is 3%.

The longest maturity of a sovereign debt bond is 30 years.

The most common currency for sovereign debt issuance is the US dollar.

The largest holder of sovereign debt is central banks.

The role of the International Monetary Fund (IMF) in sovereign debt crises is to provide financial assistance to countries in crisis, to negotiate debt restructuring agreements, and to provide technical assistance to countries in crisis.

The role of the World Bank in sovereign debt crises is to provide technical assistance to countries in crisis.

The role of the G20 in sovereign debt crises is to coordinate international efforts to resolve sovereign debt crises.