Country Risk Assessment

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Country Risk Assessment

A Guide to Global Investment Strategy
By: Michel Henry Bouchet, Bertrand Groslambert, Ephraim Clark

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Product code: 16999
ISBN: 0470845007
286 pages
Format: Hb
Published by: John Wiley & Sons, 2003
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Description of Country Risk Assessment
One of the few books on the subject, Country Risk Assessment comnbines the theoretical and practical tools for managing international country risk exposure.

- Offers a comprehensive discussion of the specific mechanisms that apply to country risk assessment.

- Discusses various techniques associated with global investment strategy.

- Presents and analyses the various sources of country risk.

- Provides an in depth coverage of information sources and country risk service providers.

- Gives techniques for forecasting country financial crises.

- Includes practical examples and case studies.

- Provides a comprehensive review of all existing methods including the techniques on the cutting-edge Market Based Approaches such as KMV, CreditMetrics, CountryMetrics and CreditRisk+.

Country risk is a broad concept that comprises an underlying combination of economics, finance, geopolitics, sociology and history. This book provides managers, analysts and students with an understanding of the concepts and methodologies surrounding country risk assessment.

Country Risk Assessment - Chapter headings
Preface
Acknowledgments
Foreword

1. Introduction
2. An Overview of Country Risk
3. The Economic and Financial Foundations of Country Risk Assessment
4. Country Risk Assessment Methodologies: The Qualitative, Structural Approach to Country Risk
5. Assessment Methodologies: Ratings
6. Econometric and Mathematical Methods
7. Risk Models
8. International Portfolio Investment Analysis
9. Financial Crises in Emerging Market Countries: An Historical Perspective
10. Country Risk and Risk Mitigation Instruments
11. Country Risk Assessment: A Matter of Information and Intelligence Gathering

Glossary
Index

Authobiography of Michel Henry Bouchet, Bertrand Groslambert, Ephraim Clark
MICHEL HENRY BOUCHET is Professor of Finance at CERAM-Sophia Antipolis (France), Scientific Director of the MSc in International Finance, and Head of the Chair 'Global Finance'. He is also Managing Director of DEFI/Developing Finance, Paris. After an international banking career at BNP, the World Bank and the Washington-based Institute of International Finance, Dr. Bouchet was founder and CEO of Owen Stanley Financial, a specialized advisory firm dealing with debt restructuring strategy for country governments. Dr. Bouchet graduated in Economics from the University of Paris and IEP-Paris. He also holds an M.A. and a Ph.D from USC (Columbia-USA).

EPHRAÏM CLARK is Professor of Finance at Middlesex University, London, and Visiting Professor at ESC Lille, France, with extensive teaching experience in Europe and the USA. He is Founding Editor of the European Journal of Finance, Co-editor of Treasury Affairs, and Associate Editor of the International Journal of Finance. Professor Clark is the author of eight books and over 50 articles in academic and professional journals in the field of international risk management, and he also has extensive experience in private business and as a consultant.

BERTRAND GROSLAMBERT after working in Africa as Financial Controller with the French oil group, Total, Dr. Groslambert joined Paris-based FP Consult (now part of Fortis Group), an emerging market investment management company with a US$250 million portfolio. He was equity fund manager specializing in Latin American stock markets. Dr. Groslambert teaches International Finance Strategy and International Risk Management at CERAM. A graduate himself from CERAM, he holds a Doctorate in Economics from Aix-Marseille University, and his areas of expertise include emerging markets and international economics.