Articles & Speeches

It is Imperative to Construct an Asian Credit Rating System

May 18, 2015 07:08 PM Author dagong Font:TTT

Shaukat Aziz

Since it is imperative to construct an Asian credit system, we must raise the criteria for assessing enterprises and risks on the micro and macro dimensions among a great number of things to cope with. Although it is easier said than done, we should not be defeated by difficulties. Instead, we need to push forward with our efforts. These criteria we made are not wholly applicable to other regions. Nevertheless, they can provide reference for other regions at least. We must endeavor to build up a mutually beneficial and win-win situation for both developed and developing nations.