This paper examines whether aid flows targeted to the financial sector can improve a
recipient country's financial inclusion by using data on 21 developing countries identified as …

Remittances are often said to be the most tangible and least controversial link between
migration and development (Russell 1992; Ratha 2007). Remittance flows to developing …

A sovereign creditrating is a function of hard and soft information that should reflect the
creditworthiness and the probability of default of a country. We propose an alternative …

This paper extends the literature on the economic consequences of coups d'état by
examining their impact on the cost of debt for sovereigns and, respectively, the likelihood of …

This is an analysis of South Africa's (SA) sovereign credit rating (SCR) using Naïve Bayes, a
Machine learning (ML) technique. Quarterly data from 1999 to 2018 of macroeconomic …

Вопрос измерения результатов деятельности является одним из основных при
подготовке управленческих решений. Кредитные рейтинги занимают особое место …

This study investigates the relationship between the shadow economy and financial depth
for a group of 17 selected emerging countries over the period of 1980–2018 in both the long …

Based on a sample of 38 emerging economies, we find that inflation targeting (IT) adoption
improves sovereign debt risk. Next, we show that this favorable effect is sensitive to several …

Sovereign debt in local currency has been considered safer than in foreign currency. The
literature offers scant guidance as to why such a gap existed, or why it has slowly and …

Country risk reflects a country's overall risk status, and it has an extremely important impact
on global investment and trade between countries. This study is conducted to examine …