Ratings Agencies: The Forgotten Constituency of Financial Crisis Interventions

A new policy note with Ayo George

Ayo George (a star former RA and current MPP candidate at UChicago’s Harris School) and I have a new policy note out today on how financial crisis fighters can and should keep the ratings agencies in mind as a first-order constituent of crisis-time policies.

Using historical examples, we highlight some common policy design pitfalls that lead to negative ratings agency reception of crisis responses—and often force crisis-fighters back to the drawing board.

Read the full note here:

Ratings Agencies: The Forgotten Constituency of Financial Crisis Interventions

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