Relative Importance of Political Instability and Economic Variables on Perceived Country Creditworthiness

Suk Hun Lee
Additional contact information
Suk Hun Lee: Loyola University of Chicago

Journal of International Business Studies, 1993, vol. 24, issue 4, 812 pages

Abstract: This paper examines the relative importance of political instability and economic variables on perceived country creditworthiness. Our results indicate that both political instability and economic variables are taken into account in evaluating country creditworthiness; however, it appears that bankers assign larger weight to economic performances, which we except of reflect longer term political stability. In addition, the frequency of changes in the regime and armed conflict, both proxying for political instability, also affect the credit ratings.© 1993 JIBS. Journal of International Business Studies (1993) 24, 801–812

Date: 1993
References: Add references at CitEc
Citations: View citations in EconPapers (23)

Downloads: (external link)
http://www.palgrave-journals.com/jibs/journal/v24/n4/pdf/8490256a.pdf Link to full text PDF (application/pdf)
http://www.palgrave-journals.com/jibs/journal/v24/n4/full/8490256a.html Link to full text HTML (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pal:jintbs:v:24:y:1993:i:4:p:801-812

Ordering information: This journal article can be ordered from
http://www.springer. ... nt/journal/41267/PS2

Access Statistics for this article

Journal of International Business Studies is currently edited by John Cantwell

More articles in Journal of International Business Studies from Palgrave Macmillan, Academy of International Business
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().