Low- and middle-income country governments are increasingly tapping the global debt capital markets. This is increasing the amount of finance available for development, but at a considerably higher cost than traditional external borrowing on concessional terms. Using a novel methodology based on estimating sovereign credit ratings using the Moody’s scorecard, and examining the associations between these ratings and the World Bank’s Country Policy...
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ПОДРОБНАЯ ИНФОРМАЦИЯ
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2021/05/05
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Рабочий документ в рамках исследования вопросов политики
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WPS9649
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1
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1
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2021/05/05
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Disclosed
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Economic Governance Improvements and Sovereign Financing Costs in Developing Countries
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access to international capital markets
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Официальная версия документа (может содержать подписи, и т.д.)