Abstract
In terms of foreign finance, the single most important visitor to a developing country in the 1960s was a representative from a Western aid agency; in the 1970s it was a commercial banker eager to recycle OPEC surpluses; and in the 1980s it was an IMF official. Since then it has been a sovereign analyst from one of the leading rating agencies: Moody’s Investor Services, Standard & Poor or Fitch.
The author alone is responsible for the content of this chapter, which should not be attributed to the OECD or the OECD Development Centre.
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© 2003 United Nations University
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Reisen, H. (2003). Ratings since the Asian Crisis. In: Ffrench-Davis, R., Griffith-Jones, S. (eds) From Capital Surges to Drought. Studies in Development Economics and Policy. Palgrave Macmillan, London. https://doi.org/10.1057/9781403990099_7
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DOI: https://doi.org/10.1057/9781403990099_7
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