The Federal Reserve has often helped address problems of this nature by convening stakeholders in the payments system and encouraging them to identify key issues and to work together to make fundamental improvements. With this in mind, the Federal Reserve has in recent years been working with a wide range of stakeholders to improve the speed, efficiency, and safety of the U.S. payments system.
A credit rating also helps to promote realistic monetary and fiscal policies and adherence to liberalization policies and reform efforts in keeping up with peer group countries and the global economy. Furthermore, the business world uses a sovereign credit rating as the benchmark to evaluate current and potential risks in a nation's economic environment they desire to invest in.