Since the 2008 financial crisis, credit rating agencies have faced criticism that their ratings led to and exacerbated the financial crisis rather than helping the market have better knowledge of potential risks embedded ...

Recent studies suggest that the growth of financial sector depth and access can drive poverty reduction and economic growth, popularizing the idea that financial development can be used as a development tool. Combined with ...

Several studies investigate the relationship between government debt/deficit ratios and the real long-term interest rates, but the empirical evidence is not conclusive enough for consensus building. Evidence for statistically ...