THE ANALYSIS OF COUNTRY RISK BY MEANS OF ALTERNATIVE METHODS

Challenges of the Knowledge Society

关键词: country risk;    derivative instruments;    country rating;    crisis;    default;   

DOI  :  

来源: DOAJ

【 摘 要 】

There are many situations in which the country risk must be considered. Those situations could be when one wants to make an investment in another country; when a loan is given; or, even when a stronger and a more powerful economic union is desired. There are many ways to measure the country risk. These methods are created by central banks, rating agencies and international banking institutions. There is a new method the country risk can be measured, with the help of a financial instrument, derived from lending. This paper presents the bond between country risk and credit default swap. Because of the financial-economic crisis, the values of country risk fluctuated considerably, especially in those countries with a large public debt.

【 授权许可】

Unknown