COMPOSITE INDICATOR TO EVALUATE THE CREDIT QUALITY OF DEVELOPING COUNTRIES

Melbourne

Conferencia; XIX Triennial Conference of the International Federation of Operational Research Societies; 2011

International Federarion of Operational Reserch 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.