|
|
 |
|
Viewing report
|
|
|
|
Summary: Cura?ao Jan 12
Standard & Poors, Jan 2012
Abstract
Standard & Poor's Rating Services' ratings on Cura-ao reflect its stable democratic parliamentary system and rule of law within the Kingdom of the Netherlands, its prosperous economy, high level of social development, and strong government balance sheet. The country's low per capita GDP growth and limited monetary and external flexibility constrain the ratings. We believe that Cura-ao's per capita GDP will likely exceed US$21,000 in 2011. Its economy is somewhat more diversified than many Caribbean economies: its tourism, oil refining, and offshore financial services represent the largest sectors of the economy. Furthermore, Cura-ao has a very high literacy rate, and its residents receive a comparatively high level of social welfare services from the public sector. As an autonomous state within...
Companies mentioned in this report are: Curacao
Action: Review
Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance programs. RatingsXpress Credit Research lets users determine the credit rating of holdings and identify key factors underlying an issuer's creditworthiness, distinguishes the different risk exposures for new and existing deals, and provides an understanding of how their analysts interpret key regulatory, political and environmental events and their economic impact.
This product consists of a Summary Analysis: Bi-annual (at least). An abbreviated analysis containing Standard & Poor's issuer credit ratings as of the time the article was published. The analysis includes a rating rationale - the basis on which the rating was assigned - and an outlook section if the issuer is not on CreditWatch. Financial statistics are not included.
|
|
|
|
