More and more developing country governments are tapping the global debt capital markets. Thisis increasing the amount of finance available for development, but at a considerably higher costthan traditional external borrowing on concessional terms. Using a novel methodology based onestimating sovereign credit ratings using the Moody's scorecard, and examining the associationsbetween these ratings and the World Bank's Country Policy and Institutional...
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ПОДРОБНАЯ ИНФОРМАЦИЯ
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2019/06/01
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Рабочие документы (нумерованная серия)
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137639
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1
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1
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2019/06/10
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Disclosed
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Governance Improvements and Sovereign Financing Costs in Developing Countries
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access to international capital markets