Alternative Ratings

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BRICS members discuss a new independent rating agency to provide a level playing field International credit-rating agencies are products of economic globalization,especially the liberalization and integration of financial and investment activities.As borrowers and bond issuers could be geographically remote from one another,lenders were unable to assess borrowers’ BRICS members discuss a new independent rating agency to provide a level playing field International credit-rating agencies are products of economic globalization, especially the liberalization and integration of financial and investment activities. As borrowers and bond issuers could be geographically remote from one another, lenders were unable to assess borrowers’
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