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.
Achieving Africa’s structural transformation requires adopting an investment policy framework that promotes FDI while protecting the interests of African countries. The Pan-African Investment Code is an important step in this direction, but its non-binding character calls for influencing the content of other regional instruments to achieve greater impact.
A translation in Mandarin is also available via the “Download Resources” button.
