Risks ga-LORE: Accurate credit ratings in emerging markets

Risks ga-LORE: Accurate credit ratings in emerging markets

Emerging markets are often failed by traditional credit rating methods, which fail to accurately capture the nuances of intra-country variation. LORE, a newly developed framework, is an attempt to fix this, providing more accurate credit assessments by analysing subnational governance, sectoral maturity, and the long-term resilience of the underlying resources. This approach helps lenders identify genuinely bankable projects in countries that ma…