This paper examines the impact of increasing integration of the island economies of the South Pacific into expanding … altered dramatically the volume and character of international resource flow. This has provided small island economies …. It is unclear whether the island economies in fact have benefited from the globalization of international markets. The …

This paper examines the efficiency of public sector expenditures at achieving social sector outcomes in small island …

economic, financial and political risk ratings as components of a composite risk rating for Small Island Tourism Economies. … Island Tourism Economies analysed in this paper vary profoundly in their size, land area, and location. Moreover, they have … growth. Such sovereign island economies differ in the extent to which they are home to a multitude of ethnic diversity …

Instruments of risk mitigation play an important role in managing country risk within the foreign direct investment … (FDI) decision. Our study assesses country risk by state-dependent preferences and introduces futures contracts as a tool … of risk mitigation. We show that country risk assessments related to foreign direct investment do not matter if the …

In this paper we do a couple of things: discussing a way to measure the welfare cost of country risk, and measuring it … for Argentina in the period 1875-2006. There are two conclusions: a) the welfare cost of Argentine risk has been huge: for …

's measure of country credit risk. Based on a simple model of international borrowing and lending, we develop the hypothesis that …

In this paper we study the question of debt sustainability from a risk management perspective. The debt accumulation … of risk, there are paths in which it is clearly unsustainable. Furthermore, we show that properties of the debt dynamics …