A proposed quantitative credit-rating methodology for South African provincial departments
The development of subnational credit-rating methodologies affords benefits for subnationals, the sovereign and its citizens. Trusted credit ratings facilitate access to financial markets and above-average ratings allow for the negotiation of better collateral and guarantee agreements, as well as fo...
Main Authors: | , , |
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Format: | Article |
Language: | English |
Published: |
AOSIS
2016-05-01
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Series: | South African Journal of Economic and Management Sciences |
Online Access: | https://sajems.org/index.php/sajems/article/view/1260 |