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3 UNU-WIDER articles, publications, projects, experts...

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Working Paper
Ratings since the Asian Crisis

The increased importance of rating agencies for emerging-market finance has brought their work to the attention of a wider group of observers - and under criticism. This paper evaluates whether the importance of ratings for developing-country finance...

Book Chapter
Ratings since the Asian Crisis

Part of Book From Capital Surges to Drought

Background Note
The role of credit rating agencies in the ‘debt crisis’

The impact of credit rating agencies (CRAs) on development—particularly their influence on interest rates for sovereign bonds and therefore the debt-financing costs for Global South countries—is increasingly being identified as a critical issue on...

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