A credit rating as a measure of the capability of a country to meet its liabilities – in the presence of the financial crisis
Rating is granted to many institutions – including the institution of a state – in the actual fact, it includes the ceiling of sovereign bonds. The evaluation of creditworthiness of a country conducted by rating agencies easies the issuance activity to a large extent. After all, rating is an objecti...
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Format: | Article |
Language: | English |
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WSB University in Torun
2011-12-01
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Series: | Torun Business Review |
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Online Access: | https://tbr.wsb.torun.pl/index.php/journal/article/view/170 |