Comparative Rating Index for Sovereigns (CRIS): A Report Based on â€œThe Relativity of Sovereigns: A New Index of Sovereign Credit Ratings and an Analysis of How Nations Fared over the Last Six Yearsâ€
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 nationâ€™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]
When requesting a correction, please mention this item's handle: RePEc:ess:wpaper:id:4903. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Padma Prakash)
If references are entirely missing, you can add them using this form.