Credit where it's due?
Economists may find evidence of a global economic recovery decidedly mixed, but to those who evaluate the creditworthiness of countries around the world, the future appears to be unequivocally -- and unexpectedly -- bright. Country risk, as measured by Institutional Investor's exclusive country credit survey, rose a robust 1.4 points from March 2002, hitting 42.5 on a scale of zero to 100. That is the second-highest level in the past two decades.
August 31, 2002