Annette Heuser: The 3 agencies with the power to make or break economies

The video discusses the role and impact of rating agencies, particularly during the Euro crisis. It highlights the issues with the current system dominated by three major players, which lack transparency and have conflicts of interest. The speaker introduces INCRA, a nonprofit rating agency model, aiming to provide a transparent and inclusive alternative. INCRA focuses on broader indicators and involves multiple stakeholders, offering a more comprehensive assessment of sovereign risk. The video concludes with a call to action for reforming the rating agency sector.

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