Search results
Results from the WOW.Com Content Network
Sovereign credit risk is the risk of a government of a sovereign state becoming unwilling or unable to meet its loan or bond obligations leading to a sovereign default. Credit rating agencies will take into account the capital, interest, extraneous and procedural defaults, and failures to abide by the terms of bonds or other debt instruments when setting a countries credit rating.
With "sovereignty" meaning holding supreme, independent authority over a region or state, "internal sovereignty" refers to the internal affairs of the state and the location of supreme power within it. [47] A state that has internal sovereignty is one with a government that has been elected by the people and has the popular legitimacy.
Sovereigntism, sovereignism or souverainism (from French: souverainisme, pronounced [su.vʁɛ.nism] ⓘ, meaning "the ideology of sovereignty") is the notion of having control over one's conditions of existence, whether at the level of the self, social group, region, nation or globe. [1]
Westphalian sovereignty is the concept of nation-state sovereignty based on territoriality and the absence of a role for external agents in domestic structures. It is an international system of states, multinational corporations , and organizations that began with the Peace of Westphalia in 1648.
The EU's directive on corporate sustainability due diligence requires businesses to identify and address adverse human rights and environmental impacts, potentially leading to a regulatory ...
Risk retention involves accepting the loss, or benefit of gain, from a risk when the incident occurs. True self-insurance falls in this category. Risk retention is a viable strategy for small risks where the cost of insuring against the risk would be greater over time than the total losses sustained.
The purpose of effective governance in the internal aspect is to be the sovereign within its national territory; in the external aspect to wield sovereignty over international relations. [69] For this reason, it is a necessary characteristic of the state to have unrestricted capacity to act, without any form of dependence in both state and ...
The Westphalian system, also known as Westphalian sovereignty, is a principle in international law that each state has exclusive sovereignty over its territory. The principle developed in Europe after the Peace of Westphalia in 1648, based on the state theory of Jean Bodin and the natural law teachings of Hugo Grotius .