{
  "tree": {
    "name": "Creditworthiness Assessment and Rating Assignment",
    "type": "root",
    "children": [
      {
        "name": "Borrower Type",
        "type": "decision",
        "question": "Is the borrower a company or a sovereign entity?",
        "children": [
          {
            "condition": "Company",
            "node_id": "company_analysis"
          },
          {
            "condition": "Sovereign",
            "node_id": "sovereign_analysis"
          }
        ]
      },
      {
        "node_id": "company_analysis",
        "type": "factor",
        "name": "Company Creditworthiness",
        "children": [
          {
            "name": "Financial Risk",
            "type": "factor",
            "weight": 0.4,
            "children": [
              {
                "name": "Profitability",
                "type": "metric",
                "children": [
                  {
                    "name": "Return on Equity",
                    "type": "leaf",
                    "condition": "> 15%",
                    "score": 10
                  },
                  {
                    "name": "Operating Margin",
                    "type": "leaf",
                    "condition": "> 10%",
                    "score": 8
                  },
                  {
                    "name": "Net Income Growth",
                    "type": "leaf",
                    "condition": "> 5%",
                    "score": 7
                  }
                ]
              },
              {
                "name": "Leverage",
                "type": "metric",
                "children": [
                  {
                    "name": "Debt-to-Equity Ratio",
                    "type": "leaf",
                    "condition": "< 1.5",
                    "score": 9
                  },
                  {
                    "name": "Debt-to-Asset Ratio",
                    "type": "leaf",
                    "condition": "< 0.5",
                    "score": 8
                  }
                ]
              },
              {
                "name": "Cash Flow",
                "type": "metric",
                "children": [
                  {
                    "name": "Operating Cash Flow",
                    "type": "leaf",
                    "condition": "> 100,000",
                    "score": 9
                  },
                  {
                    "name": "Free Cash Flow",
                    "type": "leaf",
                    "condition": "> 50,000",
                    "score": 8
                  }
                ]
              },
              {
                "name": "Liquidity",
                "type": "metric",
                "children": [
                  {
                    "name": "Current Ratio",
                    "type": "leaf",
                    "condition": "> 2",
                    "score": 9
                  },
                  {
                    "name": "Quick Ratio",
                    "type": "leaf",
                    "condition": "> 1",
                    "score": 8
                  }
                ]
              }
            ]
          },
          {
            "name": "Business Risk",
            "type": "factor",
            "weight": 0.3,
            "children": [
              {
                "name": "Industry",
                "type": "metric",
                "children": [
                  {
                    "name": "Growth Prospects",
                    "type": "leaf",
                    "condition": "High",
                    "score": 7
                  },
                  {
                    "name": "Competitive Landscape",
                    "type": "leaf",
                    "condition": "Favorable",
                    "score": 8
                  }
                ]
              },
              {
                "name": "Market Position",
                "type": "metric",
                "children": [
                  {
                    "name": "Market Share",
                    "type": "leaf",
                    "condition": "> 20%",
                    "score": 9
                  },
                  {
                    "name": "Pricing Power",
                    "type": "leaf",
                    "condition": "High",
                    "score": 8
                  }
                ]
              },
              {
                "name": "Management",
                "type": "metric",
                "children": [
                  {
                    "name": "Quality of Leadership",
                    "type": "leaf",
                    "condition": "Strong",
                    "score": 9
                  },
                  {
                    "name": "Strategic Direction",
                    "type": "leaf",
                    "condition": "Clear",
                    "score": 8
                  }
                ]
              },
              {
                "name": "Operational Efficiency",
                "type": "metric",
                "children": [
                  {
                    "name": "Cost Structure",
                    "type": "leaf",
                    "condition": "Efficient",
                    "score": 9
                  },
                  {
                    "name": "Asset Turnover",
                    "type": "leaf",
                    "condition": "High",
                    "score": 8
                  }
                ]
              }
            ]
          },
          {
            "name": "Other Factors",
            "type": "factor",
            "weight": 0.3,
            "children": [
              {
                "name": "Macroeconomic Conditions",
                "type": "metric",
                "children": [
                  {
                    "name": "GDP Growth",
                    "type": "leaf",
                    "condition": "> 2%",
                    "score": 8
                  },
                  {
                    "name": "Inflation",
                    "type": "leaf",
                    "condition": "< 3%",
                    "score": 7
                  },
                  {
                    "name": "Unemployment",
                    "type": "leaf",
                    "condition": "< 5%",
                    "score": 8
                  }
                ]
              },
              {
                "name": "Regulatory Environment",
                "type": "metric",
                "children": [
                  {
                    "name": "Compliance",
                    "type": "leaf",
                    "condition": "Strong",
                    "score": 9
                  },
                  {
                    "name": "Legal Risks",
                    "type": "leaf",
                    "condition": "Low",
                    "score": 8
                  }
                ]
              },
              {
                "name": "ESG Factors",
                "type": "metric",
                "children": [
                  {
                    "name": "Environmental",
                    "type": "leaf",
                    "condition": "Positive",
                    "score": 7
                  },
                  {
                    "name": "Social",
                    "type": "leaf",
                    "condition": "Positive",
                    "score": 8
                  },
                  {
                    "name": "Governance",
                    "type": "leaf",
                    "condition": "Strong",
                    "score": 9
                  }
                ]
              }
            ]
          }
        ]
      },
      {
        "node_id": "sovereign_analysis",
        "type": "factor",
        "name": "Sovereign Creditworthiness",
        "children": [
          {
            "name": "Economic Risk",
            "type": "factor",
            "weight": 0.4,
            "children": [
              {
                "name": "Growth and Development",
                "type": "metric",
                "children": [
                  {
                    "name": "Real GDP Growth",
                    "type": "leaf",
                    "condition": "> 3%",
                    "score": 9
                  },
                  {
                    "name": "GDP per Capita",
                    "type": "leaf",
                    "condition": "> $20,000",
                    "score": 8
                  },
                  {
                    "name": "Economic Diversification",
                    "type": "leaf",
                    "condition": "High",
                    "score": 7
                  }
                ]
              },
              {
                "name": "Fiscal Strength",
                "type": "metric",
                "children": [
                  {
                    "name": "Government Debt-to-GDP Ratio",
                    "type": "leaf",
                    "condition": "< 60%",
                    "score": 9
                  },
                  {
                    "name": "Budget Balance",
                    "type": "leaf",
                    "condition": "Surplus or Small Deficit",
                    "score": 8
                  }
                ]
              },
              {
                "name": "External Stability",
                "type": "metric",
                "children": [
                  {
                    "name": "Current Account Balance",
                    "type": "leaf",
                    "condition": "Sustainable",
                    "score": 9
                  },
                  {
                    "name": "Foreign Currency Reserves",
                    "type": "leaf",
                    "condition": "Adequate",
                    "score": 8
                  }
                ]
              },
              {
                "name": "Monetary Stability",
                "type": "metric",
                "children": [
                  {
                    "name": "Inflation Rate",
                    "type": "leaf",
                    "condition": "< 3%",
                    "score": 9
                  },
                  {
                    "name": "Exchange Rate Stability",
                    "type": "leaf",
                    "condition": "Stable",
                    "score": 8
                  }
                ]
              }
            ]
          },
          {
            "name": "Political Risk",
            "type": "factor",
            "weight": 0.3,
            "children": [
              {
                "name": "Political Stability",
                "type": "metric",
                "children": [
                  {
                    "name": "Government Effectiveness",
                    "type": "leaf",
                    "condition": "High",
                    "score": 9
                  },
                  {
                    "name": "Rule of Law",
                    "type": "leaf",
                    "condition": "Strong",
                    "score": 8
                  },
                  {
                    "name": "Corruption Control",
                    "type": "leaf",
                    "condition": "Effective",
                    "score": 7
                  }
                ]
              },
              {
                "name": "Geopolitical Risk",
                "type": "metric",
                "children": [
                  {
                    "name": "External Conflicts",
                    "type": "leaf",
                    "condition": "None",
                    "score": 9
                  },
                  {
                    "name": "Regional Stability",
                    "type": "leaf",
                    "condition": "Stable",
                    "score": 8
                  }
                ]
              },
              {
                "name": "Social Risk",
                "type": "metric",
                "children": [
                  {
                    "name": "Social Cohesion",
                    "type": "leaf",
                    "condition": "High",
                    "score": 9
                  },
                  {
                    "name": "Income Inequality",
                    "type": "leaf",
                    "condition": "Low",
                    "score": 8
                  }
                ]
              }
            ]
          },
          {
            "name": "Other Factors",
            "type": "factor",
            "weight": 0.3,
            "children": [
              {
                "name": "Debt Sustainability",
                "type": "metric",
                "children": [
                  {
                    "name": "Debt Structure",
                    "type": "leaf",
                    "condition": "Favorable",
                    "score": 9
                  },
                  {
                    "name": "Debt Service Capacity",
                    "type": "leaf",
                    "condition": "Strong",
                    "score": 8
                  }
                ]
              },
              {
                "name": "External Liquidity",
                "type": "metric",
                "children": [
                  {
                    "name": "Access to International Capital Markets",
                    "type": "leaf",
                    "condition": "Good",
                    "score": 9
                  },
                  {
                    "name": "External Financing Needs",
                    "type": "leaf",
                    "condition": "Manageable",
                    "score": 8
                  }
                ]
              },
              {
                "name": "Contingent Liabilities",
                "type": "metric",
                "children": [
                  {
                    "name": "Financial Sector Risks",
                    "type": "leaf",
                    "condition": "Low",
                    "score": 9
                  },
                  {
                    "name": "Public Guarantees",
                    "type": "leaf",
                    "condition": "Limited",
                    "score": 8
                  }
                ]
              }
            ]
          }
        ]
      }
    ]
  },
  "rating_scale": {
    "90-100": "AAA",
    "80-89": "AA",
    "70-79": "A",
    "60-69": "BBB",
    "50-59": "BB",
    "40-49": "B",
    "30-39": "CCC",
    "20-29": "CC",
    "10-19": "C",
    "0-9": "D"
  },
  "metadata": {
    "version": "2.0",
    "description": "Creditworthiness assessment and rating assignment decision tree based on borrower type, financial and business risk factors, and other relevant considerations."
  }
}