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Sovereign Risk Ceilings: Rethinking Credit Assessment Through Risk Disaggregation
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Financing Climate & Sustainable Development / Report

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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AIM Investment Report 2015: Trends and Policy Challenges

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In the FDI world, the year 2014 was characterized by policy discussions, especially about the nature of the international investment regime, its investor-state dispute-settlement mechanism and the question of rules for state-owned enterprises. This discussion took place against the backdrop of a decline in world FDI flows by MNEs and the growing attractiveness of emerging markets as host countries and the further rise of outward FDI from these countries. This report, Karl P. Sauvant, AIM Investment Report 2015: Trends and Policy Challenges, prepared for the Annual Investment Meeting in Dubai, 30 March-1 April 2015, looks at these issues.

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