Évaluation économique du risque pays: Quelle démarche et pourquoi elle est indispensable pour les investisseurs

Economic evaluation of country risk: What approach and why it is essential for investors

Célestin Guy-Serge Gaombalet

MPRA Paper from University Library of Munich, Germany

Abstract: The ultimate objective of the economic evaluation of country risk (EECR) is to assess the likely level of risk that investors are willing to accept. In this perspective, this paper aims to raise awareness of the role, function and practice of the country risk economist in today's financial world where cross-border capital mobility is not only a real vector of economic and social development for receiving countries, but also a sovereign risk factor for foreign investors. Thus, benchmarking a country aims at knowing it well enough to be able to explain it to the executive committees of international financial institutions (IFIs) and/or multinational enterprises (MNEs), which will then take a position on what could happen, in order to help decide whether or not to invest there. Also, this paper attempts to address some of the concerns by making some contributions to the work of country risk economists in financial institutions and establishments, other non-deposit taking financial companies (NDFCs) offering financial services such as insurance industries, private equity or mutual funds, pension funds, leasing companies, sovereign wealth funds, etc. Multinational companies (MNFs), research firms, think tanks and even individuals with real financing capacity are also concerned by this contribution note.

Keywords: Country; risk; analyst; -; Sovereign; issuer; -; Economic; evaluation; -; International; finance; -; Investors (search for similar items in EconPapers)
JEL-codes: F21 F31 G15 G2 (search for similar items in EconPapers)
Date: 2023-05-12, Revised 2023-05-13
New Economics Papers: this item is included in nep-ban
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