Consequently, investors can access a wide range of information and opinions about those companies, providing a check – and less overall reliance – on credit analyses produced by the credit rating agencies themselves.
The emerging and developing economies (EMDEs) have also been witnessing significant slowdown in growth. China’s growth rate is likely to fall to 6.8% from 7.4%, while that for Russia (–3.4% from 0.6%) and Brazil (–1.5% from 0.1%) are set to go into negative territory in view of recessionary pressures.