01
Jun
2015
Politique étrangère Articles from Politique Etrangère
Norbert GAILLARD

The Country Risk Concept Politique étrangère, Vol. 80, No. 2, Summer 2015

The expression “country risk” emerged in the United States in the 1960s. Its meaning has evolved over time, without any definition ever really being settled on.

couverture_politique_étrangère_2_2015

It is sometimes confused with sovereign risk, but country risk is, in fact, a broader concept; it encompasses social and environmental risks too, for example. Various players – specialist agencies, banks, etc. – endeavor to evaluate country risk; however, results vary considerably depending on the methodology used.

 

Article published in Politique étrangère, Vol. 80, No. 2, Summer 2015

 

Keywords
Country risk Finance Multinational firms Sovereign risk