Managing Country Risk

Author : Daniel Wagner
Publisher : CRC Press
Page : 310 pages
File Size : 53,5 Mb
Release : 2012-02-15
Category : Business & Economics
ISBN : 9781466500471

Get Book

Managing Country Risk by Daniel Wagner Pdf

What would you do if a law that enabled your investment to operate successfully abroad suddenly changed, and your business could no longer operate profitably there? Imagine exporting goods to a government buyer only to discover after the fact that your home country, or the United Nations, has just imposed an embargo on that country. Managing Country Risk: A Practitioner’s Guide to Effective Cross-Border Risk Analysis explains how to identify and manage the many risks associated with conducting business abroad. Daniel Wagner, an industry expert with decades of battle-tested experience, provides the real-world insight needed to think outside the box and anticipate the impact of change on your business operations. Using case studies and practical examples, it supplies essential information on country risk management and explains how these concepts apply to every day operational examples. Considering the impact of perception on investment decisions, it demonstrates how to put a country risk assessment into practice and explains how to create a framework, select the right tools, and map out a country risk analysis methodology. Appropriate for a wide audience—from individual entrepreneurs and small exporters to multinational corporations—the book provides a solid foundation in the basics of country risk analysis. It facilitates an understanding of the full range of cross-border risks and explains how to manage them. The strategies, concepts, and tools outlined in the book provide you with the understanding needed to help your organization make more-informed decisions about how it does business abroad. Practical examples and case studies provide the real-world insight needed to add value to the risk management processes in your organization and enhance your company’s ability to make a profit.

Author : Michel Henry Bouchet,Charles A. Fishkin,Amaury Goguel
Publisher : Springer
Page : 542 pages
File Size : 40,8 Mb
Release : 2018-08-04
Category : Business & Economics
ISBN : 9783319897523

Get Book

Managing Country Risk in an Age of Globalization by Michel Henry Bouchet,Charles A. Fishkin,Amaury Goguel Pdf

This book provides an up-to-date guide to managing Country Risk. It tackles its various and interlinked dimensions including sovereign risk, socio-political risk, and macroeconomic risk for foreign investors, creditors, and domestic residents. It shows how they are accentuated in the global economy together with new risks such as terrorism, systemic risk, environmental risk, and the rising trend of global volatility and contagion. The book also assesses the limited usefulness of traditional yardsticks of Country Risk, such as ratings and rankings, which at best reflect the market consensus without predictive value and at worst amplify risk aversion and generate crisis contamination. This book goes further than comparing a wide range of risk management methods in that it provides operational and forward-looking warning signs of Country Risk. The combination of the authors’ academic and market-based backgrounds makes the book a useful tool for scholars, analysts, and practitioners.

Author : Michel Henry Bouchet,Ephraim Clark,Bertrand Groslambert
Publisher : John Wiley & Sons
Page : 286 pages
File Size : 52,5 Mb
Release : 2003-10-31
Category : Business & Economics
ISBN : 9780470868188

Get Book

Country Risk Assessment by Michel Henry Bouchet,Ephraim Clark,Bertrand Groslambert Pdf

One of the few books on the subject, Country Risk Assessment combines the theoretical and practical tools for managing international country risk exposure. - Offers a comprehensive discussion of the specific mechanisms that apply to country risk assessment. - Discusses various techniques associated with global investment strategy. - Presents and analyses the various sources of country risk. - Provides an in depth coverage of information sources and country risk service providers. - Gives techniques for forecasting country financial crises. - Includes practical examples and case studies. - Provides a comprehensive review of all existing methods including the techniques on the cutting-edge Market Based Approaches such as KMV, CreditMetrics, CountryMetrics and CreditRisk+.

Author : Daniel Wagner
Publisher : CRC Press
Page : 308 pages
File Size : 54,6 Mb
Release : 2012-02-15
Category : Business & Economics
ISBN : 9781466500488

Get Book

Managing Country Risk by Daniel Wagner Pdf

What would you do if a law that enabled your investment to operate successfully abroad suddenly changed, and your business could no longer operate profitably there? Imagine exporting goods to a government buyer only to discover after the fact that your home country, or the United Nations, has just imposed an embargo on that country. Managing Countr

Author : Norbert Gaillard
Publisher : Springer Nature
Page : 266 pages
File Size : 47,8 Mb
Release : 2020-07-06
Category : Business & Economics
ISBN : 9783030457884

Get Book

Country Risk by Norbert Gaillard Pdf

Country risk has been a key notion for economists, financiers, and investors. Norbert Gaillard defines this notion as “any macroeconomic, microeconomic, financial, social, political, institutional, judiciary, climatic, technological, or sanitary risk that affects (or could affect) an investor in a foreign country. Damages may materialize in several ways: financial losses; threat to the safety of the investing company’s employees, clients, or consumers; reputational damage; or loss of a market or supply source.” Chapter 1 introduces the key concepts. Chapter 2 investigates how country risk has evolved and manifested since the advent of the Pax Britannica in 1816. It describes the international political and economic environment and identifies the main obstacles to foreign investment. Chapter 3 documents the numerous forms that country risk may take and provides illustrations of them. Seven broad components of country risk are scrutinized in turn: international political risks; domestic political and institutional risks; jurisdiction risks; macroeconomic risks; microeconomic risks; sanitary, health, industrial, and environmental risks; and natural and climate risks. Chapter 4 focuses on sovereign risk. It presents the rating methodologies used by four raters; next, it measures and compares their performance (i.e., their ability to forecast sovereign defaults). Chapter 5 studies the risks likely to affect exporters, importers, foreign creditors of corporate entities, foreign shareholders, and foreign direct investors. It presents the rating methodologies used by seven raters and measures their track records in terms of anticipating eight types of shocks that reflect the main components of country risk analyzed in Chapter 3. This book will be most relevant to graduate students in economics as well as professional economists and international investors.

Author : The Economist,Mina Toksöz
Publisher : The Economist
Page : 288 pages
File Size : 48,9 Mb
Release : 2014-12-09
Category : Business & Economics
ISBN : 9781610394871

Get Book

Guide to Country Risk by The Economist,Mina Toksöz Pdf

Country risk explains the things that can go wrong when business is conducted across borders. It's not just multinational companies, with factories worldwide and complex operations, that need to understand sudden changes in business conditions. These can affect any small firm that may be looking to expand sales abroad or work with a foreign supplier. The 2008-09 global financial crisis and the Arab Spring showed us how quickly and dramatically business conditions in any country can worsen and spread. But a thorough understanding and careful management of country risk will help a company survive a crisis—and even open up new opportunities. The Economist Guide to Country Risk explains: What risks foreign investors face, and how to measure and manage them in a systematic way. Why political and economic shocks are so hard to predict. Where economies are vulnerable and how existing risk models spot (or miss) signs of impending disaster. The typical bad habits of managers who ignore the warning signs. How and where the next crisis will emerge.

Author : The Economist,Mina Toksöz
Publisher : The Economist
Page : 0 pages
File Size : 42,7 Mb
Release : 2014-12-09
Category : Business & Economics
ISBN : 1610394860

Get Book

Guide to Country Risk by The Economist,Mina Toksöz Pdf

Country risk explains the things that can go wrong when business is conducted across borders. It's not just multinational companies, with factories worldwide and complex operations, that need to understand sudden changes in business conditions. These can affect any small firm that may be looking to expand sales abroad or work with a foreign supplier. The 2008-09 global financial crisis and the Arab Spring showed us how quickly and dramatically business conditions in any country can worsen and spread. But a thorough understanding and careful management of country risk will help a company survive a crisis—and even open up new opportunities. The Economist Guide to Country Risk explains: What risks foreign investors face, and how to measure and manage them in a systematic way. Why political and economic shocks are so hard to predict. Where economies are vulnerable and how existing risk models spot (or miss) signs of impending disaster. The typical bad habits of managers who ignore the warning signs. How and where the next crisis will emerge.

Author : Condoleezza Rice,Amy B. Zegart
Publisher : Hachette UK
Page : 292 pages
File Size : 44,7 Mb
Release : 2018-05-01
Category : Political Science
ISBN : 9781455542369

Get Book

Political Risk by Condoleezza Rice,Amy B. Zegart Pdf

From New York Times bestselling author and former U.S. secretary of state Condoleezza Rice and Stanford University professor Amy B. Zegart comes an examination of the rapidly evolving state of political risk, and how to navigate it. The world is changing fast. Political risk-the probability that a political action could significantly impact a company's business-is affecting more businesses in more ways than ever before. A generation ago, political risk mostly involved a handful of industries dealing with governments in a few frontier markets. Today, political risk stems from a widening array of actors, including Twitter users, local officials, activists, terrorists, hackers, and more. The very institutions and laws that were supposed to reduce business uncertainty and risk are often having the opposite effect. In today's globalized world, there are no "safe" bets. POLITICAL RISK investigates and analyzes this evolving landscape, what businesses can do to navigate it, and what all of us can learn about how to better understand and grapple with these rapidly changing global political dynamics. Drawing on lessons from the successes and failures of companies across multiple industries as well as examples from aircraft carrier operations, NASA missions, and other unusual places, POLITICAL RISK offers a first-of-its-kind framework that can be deployed in any organization, from startups to Fortune 500 companies. Organizations that take a serious, systematic approach to political risk management are likely to be surprised less often and recover better. Companies that don't get these basics right are more likely to get blindsided.

Author : Robert McKellar
Publisher : Routledge
Page : 198 pages
File Size : 53,6 Mb
Release : 2017-05-15
Category : Political Science
ISBN : 9781351961639

Get Book

A Short Guide to Political Risk by Robert McKellar Pdf

In a competitive and increasingly internationalised business world, many companies rely on the high risk/reward ratio of operating in unstable areas. Those companies willing to engage in emerging or developing countries can often be exposed to a politically volatile environment over which they have little control. Political risk, therefore, is one of the most hazardous challenges that an international business can face. In A Short Guide to Political Risk you will find a business-centric introduction to political risk that will familiarise international managers with the concept and accelerate the learning curve towards proficient and coherent political risk management. Robert McKellar explores: the key political risks that companies have faced in the recent past, and current trends in the evolution of the political risk landscape; the concept of political risk and its constituent elements; models and approaches for assessing political risk; the principal options for managing political risk, and suggestions for organisational structures to ensure a coherent and consistent approach; as well as wider issues that a company needs to consider in developing its own attitude and philosophy on political risk. A Short Guide to Political Risk is an essential introductory guide for risk managers and for all senior managers concerned with their organisation's global performance and reputation.

Author : Jack D. Glen
Publisher : World Bank Publications
Page : 52 pages
File Size : 54,9 Mb
Release : 1993
Category : Business & Economics
ISBN : UCSD:31822015957285

Get Book

How Firms in Developing Countries Manage Risk by Jack D. Glen Pdf

Author : Mohamed A. Ramady
Publisher : Springer Science & Business Media
Page : 281 pages
File Size : 41,8 Mb
Release : 2013-10-19
Category : Business & Economics
ISBN : 9783319021775

Get Book

Political, Economic and Financial Country Risk by Mohamed A. Ramady Pdf

“Decades go by and nothing happens; then weeks go by and decades happen”. This apt saying encapsulates the dramatic convulsions taking place across the Arab world that first erupted in 2011 in Tunisia and which rapidly spread to other countries. These events have affected the lives of ordinary citizens in many more ways than had been intended when the ‘Arab Spring’ broke out, with the endgame still not very clear as demonstrated in countries like Egypt, Syria and Libya. By comparison, with some exceptions, the six countries comprising the Gulf Cooperation Council have been relatively unaffected by the general turbulence and uncertainties lapping around them. However, geopolitical shifts involving global superpower rivalries, combined with revolutionary breakthroughs in the non-conventional hydrocarbon energy sector are threatening to challenge the importance of the Arabian Gulf as the world’s leading suppliers of energy, putting their economies under fiscal stress. The author examines such challenges by: • Providing the first in-depth statistical analytical assessment of the GCC countries using monthly data over the period 2001 -2013 for the three risk categories- economic, financial and political risks- and their sub –components so as to enable policymakers enhance components with low risk , while addressing components with perceived higher risk, • Assessing FDI and capital inflows and outflows before and after the “Arab Spring” , and how to encourage FDI inflows, • Inter –Arab and GCC trade and synergies in power transmission , transportation links and establishing new hubs of centers of manufacturing excellence , • Exploring private sector-led growth models to reduce forecasted unemployment. Being complacent is not an option for the GCC. The aim of the book is that having a better understanding of each of the GCC countries’ individual risk parameters will enable the GCC meet future challenges and reduce the chances of a negative ‘Arab Spring’ occurring in the region. Mohamed Ramady is a Visiting Associate Professor at the Department of Finance and Economics, King Fahd University of Petroleum and Minerals. His main research interests are the economics of the Middle East and Saudi Arabia in particular, as well as money and banking He also held senior positions with international financial institutions in the Arabian Gulf and Europe.

Author : Mina Toksöz
Publisher : Economist Books
Page : 0 pages
File Size : 48,7 Mb
Release : 2014
Category : Country risk
ISBN : 1781252599

Get Book

The Economist Guide to Country Risk by Mina Toksöz Pdf

Country risk explains the things that can go wrong when business is conducted across borders. It's not just multinational companies, with factories worldwide and complex operations, that need to understand sudden changes in business conditions. These can affect any small firm that may be looking to expand sales abroad or work with a foreign supplier. The 2008-09 global financial crisis and the Arab Spring showed us how quickly, and dramatically, business conditions in any country can worsen and spread. But a thorough understanding and careful management of country risk will help a company survive a crisis, and even open up new opportunities.This Guide to Country Risk explains:- What risks foreign investors face, and how to measure and manage them in a systematic way. - Why political and economic shocks are so hard to predict. - Where economies are vulnerable and how existing risk models spot (or miss) signs of impending disaster.- The typical bad habits of managers who ignore the warning signs - How and where the next crisis will emerge.

Author : Charlotte H. Brink
Publisher : Routledge
Page : 216 pages
File Size : 50,5 Mb
Release : 2017-03-02
Category : Political Science
ISBN : 9781351918978

Get Book

Measuring Political Risk by Charlotte H. Brink Pdf

Offering a fresh, transparent approach encompassing new material, this invigorating volume measures political risk - for instance the risk that foreign investment might face in any country. It also demonstrates how progress or regress made in good governance initiatives as conditionalities to aid can be assessed. Governments can monitor their own policy environment(s), and take remedial action if necessary. The methodology allows for measurement of previously un-quantified 'soft' factors that add to the risks foreign investors might face, demonstrating why these factors are of importance to both risk assertive and risk averse investors. Features include: - 103 contextualized, measurable risk factors and their 411 risk factor indicators. - Guidelines to using these factors in order to perform generic macro analyses, or micro, client/project/industry-specific analyses. - Explanation of the methodology with which to comprehensively measure the probability of risk occurring in any macro or micro investment climate.

Author : Llewellyn D. Howell
Publisher : Unknown
Page : 216 pages
File Size : 47,7 Mb
Release : 2001
Category : Business & Economics
ISBN : PSU:000053850188

Get Book

Political Risk Assessment by Llewellyn D. Howell Pdf

Author : Stephen Jay Kobrin
Publisher : Univ of California Press
Page : 246 pages
File Size : 41,7 Mb
Release : 1982-01-01
Category : Business & Economics
ISBN : 0520045408

Get Book

Managing Political Risk Assessment by Stephen Jay Kobrin Pdf