The Accuracy of Country Risk Ratings
This article summarizes Chapter 5 of Country Risk: The Bane of Foreign Investors by Norbert Gaillard (Springer, July 2020) This chapter focuses on the… Read More »The Accuracy of Country Risk Ratings
Home »
Norbert Gaillard
How and Why Moral Hazard Has Distorted Financial Regulation
This blog article summarizes Chapter 4 of The Failure of Financial Regulation by A. Hira, N. J. Gaillard and T. H. Cohn (Eds.), Palgrave Macmillan,… Read More »How and Why Moral Hazard Has Distorted Financial Regulation
Credible Sovereign Ratings: Beyond Statistics and Regulations
This blog article summarizes a recent article published in the European Business Law Review. Reference: Norbert J. Gaillard, “Credible Sovereign Ratings: Beyond Statistics and Regulations”,… Read More »Credible Sovereign Ratings: Beyond Statistics and Regulations
Coping with Reliance on Credit Ratings
This blog article summarizes a recent article published in Banking and Financial Services Policy Report.Reference: Norbert J. Gaillard, “Coping with Reliance on Credit Ratings”, Banking… Read More »Coping with Reliance on Credit Ratings
Efficient, commonsense actions to foster accurate credit ratings
This blog article summarizes a recent article published in Capital Markets Law Journal. Reference: Norbert J. Gaillard and William J. Harrington, “Efficient, commonsense actions to… Read More »Efficient, commonsense actions to foster accurate credit ratings
Understanding Country Risk
This blog article summarizes a recent research article published in Politique Etrangère. Reference: Norbert Gaillard, “Le concept de risque pays”, Politique Etrangère, 80(2), Summer 2015.… Read More »Understanding Country Risk
When Sovereigns Go Bankrupt
This article summarizes the book “When Sovereigns Go Bankrupt” (Gaillard 2014), which provides a fresh analysis of how to cope with sovereign risk in the… Read More »When Sovereigns Go Bankrupt
How Moody’s has drawn the lessons from the Eurozone debt crisis
Credit rating agencies have historically failed to anticipate the public debt crises in rich countries. This Wikirating blog article describes how Moody’s sovereign rating methodology… Read More »How Moody’s has drawn the lessons from the Eurozone debt crisis
Eurozone, Sovereign Ratings and Bond Yields
This column explains how and why sovereign ratings and bond yields failed to anticipate the Eurozone debt crisis. It also argues that, paradoxically, sovereign ratings… Read More »Eurozone, Sovereign Ratings and Bond Yields
Is the Eurozone Debt Crisis Over? The View from Moody’s
Regulation (EU) no. 462/2013 of the European Parliament and of the Council of 21 May 2013 requires credit rating agencies to publish a calendar of… Read More »Is the Eurozone Debt Crisis Over? The View from Moody’s