sovereign ratings methods: India's economic adviser calls fo

sovereign ratings methods: India's economic adviser calls for review of sovereign ratings methods

"Given that private capital has a larger role to play in addressing global challenges over the coming decades, even a small reduction in the cost of borrowing for developing countries would go a long way. Reforming the sovereign rating methodology to more accurately reflect a developing nation's default risk has the potential to save billions of dollars for borrowing countries," the paper, published as part of essays from the office of CEA, pointed out.

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United Kingdom , India , Britain , Rajiv Mishra , V Anantha Nageswaran , Fitch Ratings , Moody , Anantha Nageswaran , European Union , Carbon Border Adjustment Mechanism , Sovereign Ratings Methods , Credit Ratings Agencies , Advanced Economies , Macro Economic Parameters , Qualitative Parameters , Economic Contractions ,

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