Composite indicator to Evaluate the Credit Quality of Developing Contries

Melbourne

Conferencia; 19th Triennial Conference of IFORS; 2011

International Federarion of Operational Research Societies

 The International community has focused its attention on evaluating the credit quality of developing countries, especially since the capital markets globalization.

Considering a group of indicators used to assess the credit quality of countries, we applied an unsupervised classification method and identified three groups of developing countries with similar characteristics. Countries of each group were ranked according to their credit quality using the TOPSIS Multicriteria Decision Aid Method.