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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. 170: “An outline for systematic reform of the investment law regime,” by Wenhua Shan

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A multilateral framework on investment could provide an opportunity for a systematic review and reform of the international investment regime. This Perspective considers what features a new regime should incorporate to ensure it is a self-balanced system that evenly serves the interests of host countries and foreign investors.

A translation in Mandarin is also available via the “Download Resources” button.

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