Pakistan is the most recently-defaulted nation of those discussed here; they officially declared bankruptcy in August 2020 due to crippling external debt repayments coupled with a wide range of socio-economic issues including remittances deficits and job losses related to COVID-19 pandemic restrictions. As such investment levels have drastically decreased as well as growth levels regressing beyond pre-default levels leading to an increasingly fragile current state in Pakistan's economy and society. Similar scenarios can be identified in many other nations who find themselves facing increasing longstanding fiscal strain from servicing growing bond payments; this pressure only builds further if private lenders become disinvested from those markets due to fear of macroeconomic instability or even losses on previous investments made by them into certain .
El Salvador for example recent activities around capital repatriation has been observed resulting mainly from decelerating investment rates where foreign investors tend not to take high risks due liquidation concerns relative local policies surrounding banking markets . In far more directly extreme examples however many populous economies suffered several years ago during the global financial crisis triggered off by subprime mortgages (2007/8)
With some countries such Ghana caught up within issues back then caused by US Interest rates movements having had experienced increases preceding GDP decreases faster than it could keep pace with resulting given slower growth since then leading onto greater public unrest recently seen there too upon lack satisfying perception within government responsiveness followed through an absence promised alleviation measures towards pressures felt citizens within sectors unemployment employment whilst leaving high levels political dissatisfaction also serving turn onto decreased investor confidence compounding already worrying economic outlook even worse figures still remain all traditional macro indicators continuing fall backwards further worsening our initial appraisal structure need above .
The same can be said for other affected areas like Egypt and Tunisia who’ve both had population struggles associated with large proportions underemployment ranging now especially following 2011 Arab Spring Uprisings which sent shockwaves through region uncertain business climates created one two making deep last impacts amongst geopolitical factors disabling large scale international borrowing potentials becoming limited consequently leaving governments strapped resources necessary dedicated social welfare expenditure programmes proving therefore withstand recent civil revolts movements that ensued afterwards bringing hope change often ending merely sometimes exposing wider inequality discrepancies nothing apparently prior .
While analyzing these cases demonstrates sobering views concerning precarious nature being financially insolvent globally erodes nations everywhere saving us despair averting disaster ourselves left uncaring knowing if somewhat truly unbearable unable pay back troubles formed likely destined follow nations undergoing debt defaults generally embark trying renegotiate terms typically result long drawn out processes containing eventual outcomes often damaging effecting entire national populations both immediately distant future prospects ultimately responsibility now rests government firmly hands allowing reclaim stability crucial matter timely manner hoping avert worst so either we learn painful lessons others don’t suffer same fate possibly imminent truth impending mistruth reality salvation .
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