Dr Daniel Cash

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From Mauritius #4: AfCRA on the Record

From Mauritius #4: AfCRA on the Record

The launch moves the discussion from what the Africa Credit Rating Agency is meant to be to what its own published materials say is currently being built. The Africa Credit Rating Agency launched in Port Louis on 7 October. For most of the time I have been writing about it,

From Mauritius #3: What If the Machine Is Better?

From Mauritius #3: What If the Machine Is Better?

The Hierarchy of Evaluative Authority: Credit Rating Agencies and the Limits of Evaluative Autonomy

The Hierarchy of Evaluative Authority: Credit Rating Agencies and the Limits of Evaluative Autonomy

Who Decides What Creditworthiness Means?

Who Decides What Creditworthiness Means?

From Mauritius #2: Learning the Rating Game

From Mauritius #2: Learning the Rating Game

From Mauritius #1: The Psychology of Building an Institution

From Mauritius #1: The Psychology of Building an Institution

Country Context and the Architecture of a Credit Rating

Country Context and the Architecture of a Credit Rating

Essays

The Hierarchy of Evaluative Authority: Credit Rating Agencies and the Limits of Evaluative Autonomy

The Hierarchy of Evaluative Authority: Credit Rating Agencies and the Limits of Evaluative Autonomy

Executive Summary In the spring and summer of 2026, three of the world’s most consequential financial institutions found themselves on the receiving end of a contest usually reserved for the governments and companies they evaluate. On 22 April, twenty-three Republican state attorneys general wrote to Fitch, Moody’s

Who Decides What Creditworthiness Means?

Who Decides What Creditworthiness Means?

When Does Development Assistance Succeed? Toward a Capability Doctrine for UK Development Policy

When Does Development Assistance Succeed? Toward a Capability Doctrine for UK Development Policy

The Desk Between: Syndicate Judgement and the Making of Sovereign Borrowing Costs

The Desk Between: Syndicate Judgement and the Making of Sovereign Borrowing Costs

What Would Make a Multilateral Credit Rating Agency Consequential?

What Would Make a Multilateral Credit Rating Agency Consequential?

The Discipline of Saying No: China’s Credit Rating Crackdown and the Historical Limits of Evaluative Authority

The Discipline of Saying No: China’s Credit Rating Crackdown and the Historical Limits of Evaluative Authority

The Missing Infrastructure of Development Finance: Aid, institutions, and the overlooked architecture of sovereign finance

The Missing Infrastructure of Development Finance: Aid, institutions, and the overlooked architecture of sovereign finance

Insights

From Mauritius #4: AfCRA on the Record

From Mauritius #4: AfCRA on the Record

The launch moves the discussion from what the Africa Credit Rating Agency is meant to be to what its own published materials say is currently being built. The Africa Credit Rating Agency launched in Port Louis on 7 October. For most of the time I have been writing about it,

From Mauritius #3: What If the Machine Is Better?

From Mauritius #3: What If the Machine Is Better?

From Mauritius #2: Learning the Rating Game

From Mauritius #2: Learning the Rating Game

From Mauritius #1: The Psychology of Building an Institution

From Mauritius #1: The Psychology of Building an Institution

Country Context and the Architecture of a Credit Rating

Country Context and the Architecture of a Credit Rating

Senegal’s Credit Story Changes Shape: What the debt treatment means for the sovereign’s ratings, creditors, and path back to market access

Senegal’s Credit Story Changes Shape: What the debt treatment means for the sovereign’s ratings, creditors, and path back to market access

When Evaluation Governs Development Finance

When Evaluation Governs Development Finance

Credit Ratings

More

From Mauritius #4: AfCRA on the Record

From Mauritius #3: What If the Machine Is Better?

From Mauritius #2: Learning the Rating Game

From Mauritius #1: The Psychology of Building an Institution

Country Context and the Architecture of a Credit Rating

Development Finance

More

When Does Development Assistance Succeed? Toward a Capability Doctrine for UK Development Policy

The Desk Between: Syndicate Judgement and the Making of Sovereign Borrowing Costs

What Would Make a Multilateral Credit Rating Agency Consequential?

When Evaluation Governs Development Finance

Evaluative Capability: The Missing Infrastructure of Development Finance

Economic Governance

More

The Hierarchy of Evaluative Authority: Credit Rating Agencies and the Limits of Evaluative Autonomy

Who Decides What Creditworthiness Means?

Senegal’s Credit Story Changes Shape: What the debt treatment means for the sovereign’s ratings, creditors, and path back to market access

When Does Development Assistance Succeed? Toward a Capability Doctrine for UK Development Policy

The Desk Between: Syndicate Judgement and the Making of Sovereign Borrowing Costs