Sovereign credit ratings during the COVID-19 pandemic
Published in International Review of Financial Analysis, 2021
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This paper offers insights into the business-as-usual approach of credit rating agencies (CRAs) during the COVID-19 pandemic. Instead of adapting their methodologies and processes to reflect the severe and unpredictable nature of this health crisis, CRAs defers rating adjustments to pre-scheduled dates.
Recommended citation: Y. Tran, H. Vu, P. Klusak, M. Kraemer, T. Hoang (2021). Sovereign credit ratings during the COVID-19 pandemic. International Review of Financial Analysis, 78 , 101879.
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