Using Credit Ratings for Capital Requirementson Lending to Emerging Market Economies : Possible Impact of a New Basel Accord »
Series: IMF Working Papers
Author(s): Christian Mulder , and Brieuc Monfort
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 March 2000
Keywords: Rating agencies, capital requirements, economic crises, crisis index, credit ratings, asian crisis
The Basel Committee on Banking Supervision has proposed linking capital requirements for bank loans to ratings by commercial credit rating agencies. Estimates for 20 emerging market economies show that sovereign ra...