O'Hearn Consulting, LLC的动态

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This is a riveting read. What stood out for me was credit rating industry in Africa and how the subjective biases in credit ratings had cost African countries a combined US$74.5 billion + Over the years, policy makers are increasingly dissatisfied with their approach and methodology. Some of the criticisms are that agencies are quick to downgrade African countries but slow when upgrades are due; that they fail to accurately account for risk perception; that they don’t consult adequately with stakeholders; and that they lack independence and objectivity. The AU developed a proposal for the legal, financial and structural aspects of the rating agency. What’s not yet agreed is how the sustainability, credibility and independence of the agency will be achieved.

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Is fat really important? Check out Dipanjalee Deb article.

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