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Approaches to Country Risk Analysis and Early Warning

Author

Listed:
  • Carment, David

    (Carlton university,The Norman Paterson School of International Affairs)

  • Samy, Yiagadeeesen

    (Carlton university,The Norman Paterson School of International Affairs)

  • Prest, Stewart

    (Carlton university,The Norman Paterson School of International Affairs)

Abstract

This article lays out a framework for country risk analysis and early warning drawing on the methodologies developed by the Country Indicators for Foreign Policy Project (CIFP – www.carleton.ca/cifp). Special attention is given to the identifi cation of failed and fragile states using the CIFP state fragility index, and how the latter compares to other such indices. The rest of the paper proceeds in four parts. In the second section, we provide some concepts and defi nitions as they relate to early warning, state failure and country risk. The third section assesses structural risk indicators and events based monitoring methodologies. The fourth section provides a comparative ranking of countries, some initial fi ndings and results for the Middle East and North Africa. The fi fth and fi nal section concludes by discussing the policy implications of the analysis.

Suggested Citation

  • Carment, David & Samy, Yiagadeeesen & Prest, Stewart, 2009. "Approaches to Country Risk Analysis and Early Warning," Economia Internazionale / International Economics, Camera di Commercio Industria Artigianato Agricoltura di Genova, vol. 62(3), pages 297-323.
  • Handle: RePEc:ris:ecoint:0001
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    References listed on IDEAS

    as
    1. Torres, Magui Moreno & Anderson, Michael, 2004. "Fragile States: Defining Difficult Environments For Poverty Reduction," PRDE Working Papers 12822, Department for International Development (DFID) (UK).
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    Cited by:

    1. Carment, David & Landry, Joe & Samy, Yiagadeesen & Shaw, Scott, 2015. "State Transitions for the Middle East and North Africa Region: A Structural Assessment Using the Country Indicators for Foreign Policy Framework - Le transizioni delle regioni medio-orientali e del No," Economia Internazionale / International Economics, Camera di Commercio Industria Artigianato Agricoltura di Genova, vol. 68(1), pages 57-79.

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    More about this item

    Keywords

    Fragile States; Failed States; Conflict; Indicators; Early Warning; Risk Analysis; CIFP; Middle East; Yemen; Iraq; OECD; Development Assistance; Military Intervention;
    All these keywords.

    JEL classification:

    • O10 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - General
    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development
    • O19 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - International Linkages to Development; Role of International Organizations
    • O53 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Asia including Middle East

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