The Ministry of Finance, Government of India has published an excellent and much needed examination of the methodologies adopted by sovereign rating agencies. It's a rare example of India taking the lead in setting the agenda for a debate on a critical part of the plumbing of the international financial market system.
Good stuff! Are you aware how public the methodologies of rating agencies are? I haven't seen the paper yet, but did GoI get access to the methodologies from the public domain?
Good stuff! Are you aware how public the methodologies of rating agencies are? I haven't seen the paper yet, but did GoI get access to the methodologies from the public domain?