The risk perceived by investors is crucial in the decision to invest, in particular when it concerns a foreign country. The investment risk associated is a multi-faceted element given that it reflects many aspects that are relevant to (foreign) investors, such as the level of transparency,...

The population of the region is growing at 2.4 percent a year, second only to the Africa region, and should double in size in about 30 years. Regional growth would appear even more rapid were growth not offset by slow and even negative growth in the Eastern and Southern European countries...