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This chapter applies the book’s analytical framework to the Brazil case study. It demonstrates how various instances of political risk in Brazil’s interactions with rating agencies are reflected in the politics of risk used by these agencies to advance the financial market’s agenda. The chapter also assesses the broader dynamics of engagement between Brazilian governments and rating agencies, drawing key insights into the country’s political and economic processes.

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The Political Economy of Rating Agencies in Brazil

  • 章节

  • 发表日期：

    2025年

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  • Pedro Lange Machado

摘要

This chapter applies the book’s analytical framework to the Brazil case study. It demonstrates how various instances of political risk in Brazil’s interactions with rating agencies are reflected in the politics of risk used by these agencies to advance the financial market’s agenda. The chapter also assesses the broader dynamics of engagement between Brazilian governments and rating agencies, drawing key insights into the country’s political and economic processes.