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...

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Main Author: David I. Filippov
Format: Article
Language:Russian
Published: Plekhanov Russian University of Economics 2017-09-01
Series:Вестник Российского экономического университета имени Г. В. Плеханова
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Online Access:https://vest.rea.ru/jour/article/view/137
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author David I. Filippov
author_facet David I. Filippov
author_sort David I. Filippov
collection DOAJ
description 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.
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institution Kabale University
issn 2413-2829
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language Russian
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publisher Plekhanov Russian University of Economics
record_format Article
series Вестник Российского экономического университета имени Г. В. Плеханова
spelling doaj-art-60993fdf8489496fa022b17d5bb9f6882025-08-20T03:37:16ZrusPlekhanov Russian University of EconomicsВестник Российского экономического университета имени Г. В. Плеханова2413-28292587-92512017-09-0102384410.21686/2413-2829-2016-2-38-44136THEORETICAL ASPECTS OF MANAGING COUNTRY RISKDavid I. Filippov0Plekhanov Russian University of EconomicsIn 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.https://vest.rea.ru/jour/article/view/137credit organizationbank systemrisk managementrisk indicatorscapital sufficiencycredit ratingpolitical stability
spellingShingle David I. Filippov
THEORETICAL ASPECTS OF MANAGING COUNTRY RISK
Вестник Российского экономического университета имени Г. В. Плеханова
credit organization
bank system
risk management
risk indicators
capital sufficiency
credit rating
political stability
title THEORETICAL ASPECTS OF MANAGING COUNTRY RISK
title_full THEORETICAL ASPECTS OF MANAGING COUNTRY RISK
title_fullStr THEORETICAL ASPECTS OF MANAGING COUNTRY RISK
title_full_unstemmed THEORETICAL ASPECTS OF MANAGING COUNTRY RISK
title_short THEORETICAL ASPECTS OF MANAGING COUNTRY RISK
title_sort theoretical aspects of managing country risk
topic credit organization
bank system
risk management
risk indicators
capital sufficiency
credit rating
political stability
url https://vest.rea.ru/jour/article/view/137
work_keys_str_mv AT davidifilippov theoreticalaspectsofmanagingcountryrisk