This blog article summarizes a recent article published in the European Business Law Review. Reference: Norbert J. Gaillard, “Credible Sovereign Ratings: Beyond Statistics and Regulations”,… Read More »Credible Sovereign Ratings: Beyond Statistics and Regulations
This article summarizes the book “When Sovereigns Go Bankrupt” (Gaillard 2014), which provides a fresh analysis of how to cope with sovereign risk in the… Read More »When Sovereigns Go Bankrupt
Credit rating agencies have historically failed to anticipate the public debt crises in rich countries. This Wikirating blog article describes how Moody’s sovereign rating methodology… Read More »How Moody’s has drawn the lessons from the Eurozone debt crisis
This column explains how and why sovereign ratings and bond yields failed to anticipate the Eurozone debt crisis. It also argues that, paradoxically, sovereign ratings… Read More »Eurozone, Sovereign Ratings and Bond Yields