THEORETICAL ASPECTS OF MANAGING COUNTRY RISK

In present economic conditions the issue of global cash flows on world markets becomes more and more important for global economy, which makes the problem of managing finance risks very topical. Country risk is characterized by a tangle of numerable finance-economic and socio-political variables. Th...

Descripción completa

Guardado en:
Detalles Bibliográficos
Autor principal: David I. Filippov
Formato: article
Lenguaje:RU
Publicado: Plekhanov Russian University of Economics 2017
Materias:
Acceso en línea:https://doaj.org/article/60993fdf8489496fa022b17d5bb9f688
Etiquetas: Agregar Etiqueta
Sin Etiquetas, Sea el primero en etiquetar este registro!
Descripción
Sumario:In present economic conditions the issue of global cash flows on world markets becomes more and more important for global economy, which makes the problem of managing finance risks very topical. Country risk is characterized by a tangle of numerable finance-economic and socio-political variables. The article shows advanced international approaches to estimation of country risk and causes of its arising. The author provides definitions of aleotoric and epistemological risk which improves understanding of risk essence. Political stability is shown as an important element of managing country risk. The author offers recommendations for arranging the efficient management of country risk.