Public Credit Rating Agencies: Increasing Capital Investment and Lending Stability in Volatile Markets (pdf)

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Author Susan K. Schroeder
Edition 1
Edition Year 2015
Format PDF
ISBN 9781137365804
Language English
Number Of Pages 209
Publisher Palgrave Macmillan

Description

In the aftermath of the Global Financial Crisis, there have been many criticisms weighed against private credit rating agencies. Many claim they only exacerbate financial market volatility by issuing faulty public statements, ratings warnings, and downgrades. This instability increases the uncertainty in business environments and weakens the pace of business investment. Their rating changes also prompt national governments to reduce their spending at a time when fiscal expenditures are crucial for economic recovery.

Additional information

Author

Susan K. Schroeder

Edition

1

Edition Year

2015

Format

PDF

ISBN

9781137365804

Language

English

Number Of Pages

209

Publisher

Palgrave Macmillan

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