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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. 219: “The EU investment court: challenges on the path ahead,” by Julien Chaisse and Matteo Vaccaro-Incisa

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The bilateral investment court system the EU buttressed since 2015 risks losing momentum in the face of complex internal and external challenges. This Perspective weighs these challenges against the recent UNCITRAL decision to address ISDS reform, providing for a better framework to seek for shared global solutions to long-expressed concerns.

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

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