This book explores how countries' political and policy choices affect the credit ratings that they receive. The authors use statistical analysis of ratings, interviews with sovereign rating analysts, and a close reading of official communications of rating agencies to show that ratings penalize center-left governments and policies.
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This book explores how countries' political and policy choices affect the credit ratings that they receive. The authors use statistical analysis of ratings, interviews with sovereign rating analysts, and a close reading of official communications of rating agencies to show that ratings penalize center-left governments and policies.
Read Less