Public Credit Rating Agencies

Schroeder is Lecturer at the Department of Political Economy at the University of Sydney, Australia. Her current areas of research are international financial crises, business cycles, and financial fragility and how these areas are linked to the country risk assessment. She has taught at universities in New York, Bremen (Germany), and Auckland (New Zealand). Schroeder has been visiting scholar at SOAS (University of London, UK), the Mises Institute (Alabama, USA), and Wolfson College, Cambridge University, UK, where she is a lifetime member.

1. Introduction 2. Functions And Malfunctions Of The Rating Industry 3. Private Credit Risk 4. Sovereign Credit Risk5. Regulatory Capture6. Public Credit Rating Agency: Functions And Structure7. Conclusion