In the United States and Europe faulty credit ratings and flawed rating processes are widely perceived as being among the key contributors to the global financial crisis. That has brought them under intense scrutiny and led to proposals for radical reforms. The ongoing debate, while centered in major developed markets, will also influence policy choices in emerging economies: whether to focus on strengthening the reliability of ratings or on creating...
See More
DETAILS
DOWNLOADS
COMPLETE REPORT
Official version of document (may contain signatures, etc)
-
Total Downloads** : 993
*The text version is uncorrected OCR text and is included solely to benefit users with slow connectivity.
Citation
Katz,Jonathan G.; Salinas Munoz,Emanuel; Stephanou,Constantinos.
Credit rating agencies (English). Crisis response note ; no. 8 Washington, DC: World Bank. http://documents.worldbank.org/curated/en/289751468158726137