AUTHORITARIANISM AND DEMOCRACY IN THE RATING EQUATION

The challenges that the rating process has been submitted to after the onset of the contemporary economic crisis caused profound shifts on how this activity is performed. The parties involved in assessing and evaluating country risk have observed only distorting effects derived from the global reces...

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Bibliographic Details
Main Authors: Birau Cristian Radu, Stoia Alexandru Cosmin
Format: Article
Language:deu
Published: University of Oradea 2011-07-01
Series:Annals of the University of Oradea: Economic Science
Online Access:http://anale.steconomiceuoradea.ro/volume/2011/n1/011.pdf
Description
Summary:The challenges that the rating process has been submitted to after the onset of the contemporary economic crisis caused profound shifts on how this activity is performed. The parties involved in assessing and evaluating country risk have observed only distorting effects derived from the global recession, thus neglecting political valences inevitably associated to the difficult times that came to past. This article aims to evaluate the role of authoritarianism and democracy over investors, but also to analyze the situation of the social movements that took place in the Arab world.
ISSN:1222-569X
1582-5450