This blog was originally published on Illuminem, and has been co-authored with Rhian-Mari Thomas. She is the CEO...
Financing Climate & Sustainable Development / Report
Diagnosing how the sovereign ceiling functions as a simplifying shortcut that can obscure meaningful differences across borrowers, and proposing an alternative credit rating approach based on disaggregating sovereign risk into specific transmission channels.
The Arab Spring dramatically increased investors’ perceptions of political risk in MENA. An examination of these perceptions indicates long-run optimism that political transitions in the region — if democratic and coupled with political stability — could increase FDI and contribute to MENA’s economic development.
A translation in Mandarin is also available via the “Download Resources” button.
