All business transactions involve some degree of risk. But, when business transactions occur across international borders, they carry additional risks called the country risk. The two main objectives of this paper are to explain and to examine the impact of Country risk (CR) subcategories...

Country risk is of increasing importance in the evaluation of overseas investments, international trade flows, foreign direct investments and volatility and predictability in stock market returns. A clear understanding of the concept, measurement and management of the level and magnitude of...

The objective of this paper is to investigate the relationship between financial and economic uncertainty (risk) and the demand for international reserves. In addition, the association between this relationship and the political risk condition is further analysed for selected emerging economies....