The Determinants of Country Risk Ratings

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Jean-Claude Cosset; Jean Roy;
  • Journal: Journal of International Business Studies,volume 22,issue 1 March,pages135-142

The purpose of this paper is to replicate Euromoney's and Institutional Investor's country risk ratings on the basis of economic and political variables. The evidence reveals that country risk ratings respond to some of the variables suggested by the theory. In particul... View more
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