Abstract
Country risk analysis is generally accepted as the process of assessing a country's economic, political, and social situation as determinants of its ability and willingness to service its foreign financial obligations. It is a well researched area during the past two decades. Significant involvement of commercial banks in lending to developing nations forced the need for such analysis and evaluation systems. These have become essential components of the country credit granting process.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
Preview
Unable to display preview. Download preview PDF.
References
Avromovic, D. (1958) Economic Growth and External Debt (Baltimore, MD: Johns Hopkins Press).
Baird, J. (1983) ‘Where did Country Risk Analysts go Wrong’, Institutional Investor, May, pp. 227-9.
Burton, F. N. and Inoue, H. (1983) ‘Country Risk Evaluation Methods: a Survey of Systems in Use’, The Banker, Jan. pp. 41-43.
Ensor, R. (1981) Assessing Country Risk (London: Euromoney).
Frank, C. R. and Cline, W. R. (1971) ‘Measurement of Debt Servicing Capacity: an Application of Discriminant Analysis’, Journal of International Economics, vol. 1, pp. 327-44.
Koundinya, R. S. (1983) ‘Country Risk Exposure and Credit Policy Formulation: Application of Cluster Analysis Techniques’, Academy of International Business Conference San Francisco.
Saaty, T. L. (1977) ‘A Scaling Method for Priorities in Hierarchical Structures’, Journal of Mathematical Psychology, vol. 15, no. 773, pp. 223-81.
Saaty, T. L. (1987) ‘Concepts, Theory and Techniques: Rank Generation, Preservation and Reversal in Analytic Hierarchy Decision Process’, Decision Sciences, vol. 18, pp. 157-77.
Saaty, T. L. and Kerns, K. P. (1985) Analytical Planning: The Organizational Systems, (New York: Pergamon Press).
Saini, K. G. and Bates, P. S. (1984) ‘A Survey of the Quantitative Approaches to Country Risk Analysis’, Journal of Banking and Finance, vol. 8, no. 2, pp. 341-56.
Editor information
Editors and Affiliations
Copyright information
© 1994 Dilip K. Ghosh and Edgar Ortiz
About this chapter
Cite this chapter
Koundinya, R.S. (1994). A New Look at Country Risk Analysis: An Analytical Approach to Judgmental Risk Scoring. In: Ghosh, D.K., Ortiz, E. (eds) The Changing Environment of International Financial Markets. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-23161-4_12
Download citation
DOI: https://doi.org/10.1007/978-1-349-23161-4_12
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-349-23163-8
Online ISBN: 978-1-349-23161-4
eBook Packages: Palgrave Economics & Finance CollectionEconomics and Finance (R0)