The Relationship Credit Ratings of the Countries and Volumes of Foreign Investments
Authors: Kovnir V.N., Shaykhimardanov K.F. | Published: 30.10.2013 |
Published in issue: #8(10)/2013 | |
DOI: 10.18698/2306-8477-2013-8-95 | |
Category: Economic and legal problems of engineering education | Chapter: Economics | |
Keywords: credit rating, correlation, foreign investments |
We consider the correlation of credit ratings major agencies of the world between themselves and the relationship credit rating with the volume of foreign investments into the country Calculation of correlation between ratings agencies show the values in the order of 97-98%. Study of correlation between ratings of Moody’s and the volume of direct foreign investments in the country supports the hypothesis of a significant degree of relationship of the credit rating and the amount of foreign investments at the level of 63.4%. The results can be used for the analysis of investment activity on the basis of the assessment of the creditworthiness of countries.