Credit rating agencies /
by Giulia Mennillo.
- xii, 139 pp. : ill. ; 24 cm.
- Finance matters .
- Finance matters (Newcastle upon Tyne, England) .
Includes bibliographical references and index.
"This short book introduces and explores the complex world of the credit rating industry: how it works, how it has evolved, the role it played in the financial crisis, and how it is regulated. The book considers how credit rating agencies have become integral to the workings of global financial capitalism and how they have gained a social and political relevance that reaches far beyond finance. The book also considers what impact China's new state owned credit rating agency may have on financial markets."