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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. 231: “CFIUS reforms must be reformed,” by Theodore H. Moran

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Congress and the White House are proposing a fundamental “reform” of CFIUS regulations, via the Foreign Investment Risk Review Modernization Act. This Perspective argues that these so-called reforms would damage US interests and shows how the FIRRMA reforms must be reformed.

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

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