Credit rating-indicator of new economic prospective and challenges Cover Image

Credit rating-indicator of new economic prospective and challenges
Credit rating-indicator of new economic prospective and challenges

Author(s): Biljana Angelova
Subject(s): Economy
Published by: Економски институт - Скопје
Keywords: credit ratings; credit rating agencies; economic crisis; rating crisis; creditworthiness.

Summary/Abstract: Credit rating is a credit rating of the state. The process of awarding rating is based on a detailed qualitative and quantitative analysis of the creditworthiness of countries, including: political risk, income and economic structure, the prospects for future economic growth, fiscal and monetary flexibility, general government debt, external liquidity, and by the public and private sector .Generally, a high credit rating certainly has a positive impact on its position in the international capital market, the movement of interest rates and the inflow of foreign investment.Last economic crisis from 2008 causes huge problems in many advanced and developing economies. Rating agencies were faced with a problem of being blamed for not early warning of difficulties in banks and investor’s funds. The economic crisis in US and Euro zone, decline economic growth and credit rating in the most of them

  • Issue Year: 14/2012
  • Issue No: 1
  • Page Range: 4-24
  • Page Count: 15
  • Language: English
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