How do regional scale credit ratings differ from global and national scale ratings?
A regional scale differs from the global and national scale in terms of the basis of comparison. Regional scale ratings are based primarily on credit risk comparisons within a specific region, while global scale ratings are based on global comparisons and national scale ratings are based on comparison within a domestic context. Therefore, regional scale ratings enable relative comparison of credit risks within and across a region.
Related Questions
- Is a Standard & Poors ASEAN regional credit rating comparable to Standard & Poors national credit ratings in other countries?
- Does a change in a global scale rating on a ASEAN sovereign necessarily cause a change of ratings on the regional scale?
- How does the ASEAN regional scale differ for long- and short-term ratings?
