Do the bankruptcies and defaults of the Early Modern European monarchies affect the credit ratings of their modern-day successor states?

by glaughtalk
piyochama

No, they do not.

In general, sovereign bankruptcies tend to very rarely happen. Also, when looking at the credit rating of any current successor or independent state, you never see an analysis of the predecessor state being taken into consideration.

Are there specifics that you'd like me to talk about? I can do the analysis for you, but it would be easier for me to respond if you picked out a specific state or several for me to respond to.