Comparative Rating Index for Sovereigns (CRIS): A Report Based on “The Relativity of Sovereigns: A New Index of Sovereign Credit Ratings and an Analysis of How Nations Fared over the Last Six Yearsâ€

Kaushik Basu, Anil Bisen, Supriyo De, Rangeet Ghosh and Shweta .

Working Papers from eSocialSciences

Abstract: Major credit rating agencies give out the sovereign credit rating of each nation as an absolute grade. How other nations fare over the period under consideration does not matter in a particular nation’s rating score. This is very different from a comparative rating which would tell us something about how one particular sovereign fares in relation to how other sovereigns are doing. Since, for investors, relative or comparative rating is such an important concept, it was felt that a new index which captures precisely this idea ought to be developed. In this paper a new relative performance index is developed and then how nations have performed over time is tracked. [Ministry of Finance Report]. URL:[http://finmin.nic.in/WorkingPaper/CRIS_report_SCR28032012.pdf]

Keywords: Comparative Rating Index for Sovereigns (CRIS); nations; countries; global economic landscape; emerging and developing economies; European economies; Japan; India; GDP; Moody’s ratings (search for similar items in EconPapers)
Date: 2012-04
Note: Institutional Papers
References: Add references at CitEc
Citations: View citations in EconPapers (2)

Downloads: (external link)
http://www.esocialsciences.org/Download/repecDownl ... &AId=4903&fref=repec

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ess:wpaper:id:4903

Access Statistics for this paper

More papers in Working Papers from eSocialSciences
Bibliographic data for series maintained by Padma Prakash ().