Examlex
Part of the default risk in developing nations is investor fear of all of the following, EXCEPT:
State Collapse
A situation where the structure, authority, law, and political order of a sovereign state disintegrates, often leading to civil strife, lawlessness, and anarchy.
State Societies
Complex societies that have a structured system of government, often characterized by a central authority and social stratification.
Ancient
Pertaining to a period of history that is very old or from the distant past, typically before the fall of the Western Roman Empire in AD 476.
Modern State
An organized political entity with a defined territory, government, and the capability to enter into relations with other states.
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