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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. 200: “The next phase of IIA reforms,” by Saurabh Garg

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This Perspective, based partly on the author’s personal experiences with the Indian Model Bilateral Investment Treaty reform process, discusses what reforms are needed globally for the international investment regime, with a focus on the investor-state dispute resolution mechanism.

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

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