Download This PaperConsideration of Global Threats in the Assessment of Individual Country Risk Assessment by International Credit Rating Agencies
2 Pages Posted: 28 Jul 2020
Date Written: March 31, 2020
Abstract
A new type of coronavirus pandemic show that economic, political and health systems of many countries worldwide are vulnerable to global threats. This situation has revealed need for consideration of global threats into individual country risk assessment. Integration of global risks into country risk assessment will not only promote collaboration of countries for next global threats, but also encourage countries to take precursory actions . Hence, this essay carries importance to call credit rating agencies to integrate potential global into their model and lists a few factors that recommended to be integrated.
Keywords: credit rating, global threats, risk
Suggested Citation: Suggested Citation