Following the aftermath of the 11 September 2001 events, the risks associated with engaging in international dealings have increased substantially, and become more difficult to analyse and predict for decision makers in the economic, financial and political sectors. The importance of country...

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....

The effects of the Great Recession so far had numerous negative consequences reflected primarily in strong recession and rising unemployment. They have varied from country to country and from region to region. The sample of the analyzed countries includes: the group of eight Central and East...

In this paper, we analyse country risk of eight Central and Eastern European (CEE) countries by calculating time-varying betas. We have used daily closing prices of indices from 3 June 2002 through 2 December 2011, resulting in 2021 observations. The time-varying betas where calculated by...

Risks management means identifying them, assessing, quantifying and strategy to counter them, and finding solutions to some levers to diminish or even eliminate the possibility of developing or their consequences. Hung everywhere, risk is associated with uncertain situations and opportunities....

This paper analyzes tax competition for foreign direct investment with country risk using a two-country model with different market sizes. We show that the trade-off between country size as a locational advantage and country risk as a locational disadvantage affects the location choice of a...

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...

This article investigates the risk-return relations of stocks traded in frontier markets, a class of small, illiquid, less accessible and less known emerging markets that has escaped the attention of many researchers. We examine the cross-section of risk premiums of 360 stocks traded in 19...

Country risk not only reflects the overall risk of a given economy but also offers other more comprehensive risk information for stakeholders' decision-making. Different from previous studies focusing on oil import portfolio risk, this paper expands the scope of risk exposure from the micro risk...

This paper examines purchasing power parity (PPP) for 61 countries using the panel cointegration method developed by Westerlund (2007). After controlling for cross-sectional dependence, the results show that weak PPP is stronger for Latin American countries and for countries with moderate...