Abstract
Country risk has a great influence on the intensity of international business and capital flow. It is considered either as the risk or Sovereign default or as the risk for portfolio or foreign direct investment. Among country risk sources, analysts often mention inadequate monetary or fiscal policy, wrong treatment of property rights, high sectoral concentration and dramatic changes in the external environment. But it might also happen that some or even all of these risk factors appear simultaneously. As a result, country risk leads to financial crisis that realizes through the so-called ideal storm. In the chapter, we will consider particular cases of country risk generation and management in different countries to show how similar they are in terms of country risk sources.
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Solodkov, V., Tsyganova, Y. (2017). Country Risk: Case Study on Crises Examples and Lessons Learnt. In: Pompella, M., Scordis, N. (eds) The Palgrave Handbook of Unconventional Risk Transfer. Palgrave Macmillan, Cham. https://doi.org/10.1007/978-3-319-59297-8_10
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DOI: https://doi.org/10.1007/978-3-319-59297-8_10
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