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Judith Mwai
The author, Judith Mwai, is a policy analyst.
The author, Judith Mwai, is a policy analyst.
Articles from author
The cost of being misjudged: African sovereigns and the Big Three problem
When an agency lowers a rating, it immediately drives up the cost of borrowing. This turns a temporary cash-flow challenge into a solvency crisis, effectively shutting African governments out of the capital markets exactly when they need stability.
5 min read