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US 6,856,973 B1Granted
Methods and systems for assessing creditworthiness of a country
AssigneeGeneral Electric Capital Corporation
InventorUwe Bott
Life of this patent
Estimating the term…
Abstract
A method for assessing the credit worthiness of a country is disclosed. The first step of the method is to create a database of economic scores for the country based upon a variety of economic factors. The database is kept current with frequent updates from publicly available sources and an average of the economic scores is calculated.
Claims21
(currently amended) A method for assessing the credit worthiness of a country, said method comprising the steps of:
- identifying a plurality of quantitative economic indicators for the country, the plurality of economic indicators include consumer price index, labor productivity change, gross domestic product growth, short term debt to total debt, debt service ratio, foreign currency debt to exports, debt service ratio adjusted by minimum imports, foreign direct investment, current account receipts, general government balance, real interest rate, real money growth, industrial production growth, real gross domestic product growth, domestic credit creation, and export growth to import growth;
- determining which economic indicators are computable for the country using economic data stored in a database;
- assigning a desired value to each of the computable economic indicators;
- utilizing a computer processor to calculate economic scores for the country wherein each of the economic scores is a quantitative value relating a value of a computable economic indicator to the assigned desired value of the same computable economic indicator;
- storing the economic scores in the database;
- keeping the database current with frequent updates from publicly available sources;
- calculating an average of the economic scores for the country;
- and
- assigning a risk factor to the country indicating credit worthiness of the country wherein the risk factor is based on the calculated economic score average.
6 more elements
A system configured to assess the credit worthiness of a country, said system comprising:
- a database storing economic data for a country;
- a processor further configured to:
- analyze a plurality of quantitative economic indicators for the country, said plurality of economic indicators include consumer price index, labor productivity change, gross domestic product growth, short term debt to total debt, debt service ratio, foreign currency debt to exports, debt service ratio adjusted by minimum imports, foreign direct investment, current account receipts, general government balance, real interest rate, real money growth, industrial production growth, real gross domestic product growth, domestic credit creation, and export growth to import growth;
- determine which economic indicators are computable for the country using the economic data stored in the database;
- assign a desired value to each of the computable economic indicators;
- calculate economic scores for the country wherein each of the economic scores is a quantitative value relating a value of a computable economic indicator to the assigned desired value of the same computable economic indicator;
- store the economic scores in the database;
- keep the database current with frequent updates from publicly available sources;
- calculate an average of the economic scores for the country;
- and
- assign a risk factor to the country indicating credit worthiness of the country wherein the risk factor is based on the calculated economic score average;
- and
- a user interface for presenting the economic scores and risk factors.
10 more elements
A method for assessing the credit worthiness of a country, said method comprising the steps of:
- identifying a plurality of quantitative economic indicators for the country, the plurality of economic indicators include consumer price index, labor productivity change, gross domestic product growth, short term debt to total debt, debt service ratio, foreign currency debt to exports, debt service ratio adjusted by minimum imports, foreign direct investment, current account receipts, general government balance, real interest rate, real money growth, industrial production growth, real gross domestic product growth, domestic credit creation, and export growth to import growth;
- determining which economic indicators are computable for the country using economic data stored in a database;
- assigning a desired value to each of the computable economic indicators;
- utilizing a computer processor to calculate economic scores for the country wherein each of the economic scores is a quantitative value that is based upon a value of a computable economic indicator as compared to the assigned desired value of the same computable economic indicator;
- storing the economic scores in the database;
- keeping the database current with frequent updates from publicly available sources;
- calculating an average of the economic scores for the country;
- and
- assigning a risk factor to the country indicating credit worthiness of the country wherein the risk factor is based on the calculated economic score average.
6 more elements
A system configured to assess the credit worthiness of a country, said system comprising:
- a database storing economic data for a country;
- a processor further configured to:
- analyze a plurality of quantitative economic indicators for the country, said plurality of economic indicators include consumer price index, labor productivity change, gross domestic product growth, short term debt to total debt, debt service ratio, foreign currency debt to exports, debt service ratio adjusted by minimum imports, foreign direct investment, current account receipts, general government balance, real interest rate, real money growth, industrial production growth, real gross domestic product growth, domestic credit creation, and export growth to import growth;
- determine which economic indicators are computable for the country using economic data stored in the database;
- assign a desired value to each of the computable economic indicators;
- calculate economic scores for the country wherein each of the economic scores is a quantitative value that is based upon a value of a computable economic indicator as compared to the assigned desired value of the same computable economic indicator;
- store the economic scores in the database;
- keep the database current with frequent updates from publicly available sources;
- calculate an average of the economic scores for the country;
- and
- assign a risk factor to the country indicating credit worthiness of the country wherein the risk factor is based on the calculated economic score average, and
- a user interface for presenting the economic scores and risk factors.
9 more elements
Dependencies are inferred from the claim text.