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New Configurations of Country Risk in the Context of the Economic and Financial Crisis

Author

Listed:
  • Deceanu Liviu

    („Babes-Bolyai” University of Cluj-Napoca, Faculty of Economics and Business Administration,)

  • Pintea Mirela Pintea

    („Babes-Bolyai” University of Cluj-Napoca, Faculty of Economics and Business Administration,)

Abstract

The current crisis appeared in a moment when the favorable economic development led to an overall improvement in country risk. Nowadays, the intensity of the risks composing what we generically call “country risk” is rising, as well as the vulnerability of different states, in a context of external shocks multiplication. Among the main consequences, we underline the fact that it is now necessary – for the analists – to take into consideration the country risk in the case of countries whitch, not long ago, were out of question from the perspective of this topic. In this new economic landscape, every state becomes concerned by country risk

Suggested Citation

  • Deceanu Liviu & Pintea Mirela Pintea, 2010. "New Configurations of Country Risk in the Context of the Economic and Financial Crisis," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(2), pages 155-160, October.
    • Handle: RePEc:ovi:oviste:v:10:y:2010:i:2:p:155-160
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    More about this item

    Keywords

    country risk; sovereign debt; budget deficit; the new international environment; ratings; evaluation.;
    All these keywords.

    JEL classification:

    • F34 - International Economics - - International Finance - - - International Lending and Debt Problems

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