European Nations Top Credit Rankings
from http://www.institutionalinvestor.com...icleId=1411516
Institutional Investor magazine’s annual Country Credit ranking finds that many Western European nations prove most able to manage debt; Switzerland made the top of the list, Norway in second, Luxembourg at third, Finland in fourth and the Netherlands in fifth. Consequently, all five European nations listed above were the leading Western European nations.
Pooling and evaluating information from economists and risk analysts from banks, money management and securities firms, the ranking evaluated countries based on its credit score and respondent ratings, which are based on political, economic and financial indicators.
As for regional rankings, South Africa topped the Africa list, with Botswana in second followed by Mauritius in third. For the Middle East and Northern Africa, small but strong wealthy countries led the pack, with United Arab Emirates in first, Qatar in second and Kuwait in third.
For the Asia Pacific/Far East, Singapore was tops, followed by Australia in second and Japan in third. China, however, ranked last, at eighth. Southeast Asia saw Malaysia in the lead, followed by Thailand and BRIC nation, India.
In Latin America and the Caribbean, Chile took the lead, followed by Mexico in second and the island nation Bahamas in third.
As for the emerging markets region of Eastern Europe and central Asia, Slovenia snagged first, followed by Czech Republic and Estonia in third.
Finally, Canada beat the U.S. for the North American ranking, with the former ranking 11th overall the U.S. taking 12th.
For the complete list, go to http://www.iimagazinerankings.com/co...edit/index.asp