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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. 93: “How the private sector is changing Chinese investment in Africa,” by Xiaofang Shen.

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The significance of Chinese private-sector investment into Africa is already visible in the manufacturing sector in some parts of the continent. African host country governments should respond with proactive development policies and strategies to maximize benefits.

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

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