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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. 240: “Investment facilitation: leaving the past behind,” by Felipe Hees, Henrique Choer Moraes, Pedro Mendonça Cavalcante, and Pedro Barreto da Rocha Paranhos

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WTO discussions on investment facilitation have drawn attention to an issue that directly contributes to improving domestic governance, without reviving the negative experience of past multilateral investment discussions. This Perspective advances this conversation with elements from the Brazilian experience with signing investment agreements, in which facilitation is a key feature.

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

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