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Sovereign Risk Ceilings: Rethinking Credit Assessment Through Risk Disaggregation
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Sovereign Risk Ceilings: Rethinking Credit Assessment Through Risk Disaggregation

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.

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FDI Perspective No. 31: “How much do U.S. corporations know (and care) about bilateral investment treaties? Some hints from new survey evidence,” by Jason Webb Yackee.

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New evidence shows that top U.S. corporations are surprisingly unfamiliar with — and/or lack confidence in — bilateral investment treaties that are designed to benefit their investments in other countries. To understand whether or not such treaties “work”, it is necessary to find out how and why they do, or do not, form part of firms’ investment decision-making.

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