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.
Manfred Schekulin and John Evans have each written Perspectives discussing the 2011 update to the OECD’s Guidelines for Multinational Enterprises. The Guidelines have several potential impacts, including impacts on MNEs’ interactions with their supply chains. Further, to be successful, it is important that the Guidelines are incorporated into MNEs’ codes of conduct. It is also essential for emerging markets to adhere to the Guidelines.
A translation in Mandarin is also available via the “Download Resources” button.
