Country Risk Assessment for Foreign Investments Using Neutrosophic PESTEL-SWOT

Purpose of the study: To measure country risks for foreign direct investments by assessing a neutrosophic PESTEL-SWOT. Design/methodology/approach: The PESTEL assessment includes political, economic, social, technological, environmental, and legal components while SWOT composes strengths, weaknesses...

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Main Authors: Pablo San Andrés Reyes, Rafael Sorhegui-Ortega, Fidel Márquez-Sánchez, Andrés Renato Jácome Gagñay, Petr Sed'a
Format: Article
Language:English
Published: University of New Mexico 2025-05-01
Series:Neutrosophic Sets and Systems
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Online Access:https://fs.unm.edu/NSS/58.%20CountryRiskAssessment%20PESTEL-FODA.pdf
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author Pablo San Andrés Reyes
Rafael Sorhegui-Ortega
Fidel Márquez-Sánchez
Andrés Renato Jácome Gagñay
Petr Sed'a
author_facet Pablo San Andrés Reyes
Rafael Sorhegui-Ortega
Fidel Márquez-Sánchez
Andrés Renato Jácome Gagñay
Petr Sed'a
author_sort Pablo San Andrés Reyes
collection DOAJ
description Purpose of the study: To measure country risks for foreign direct investments by assessing a neutrosophic PESTEL-SWOT. Design/methodology/approach: The PESTEL assessment includes political, economic, social, technological, environmental, and legal components while SWOT composes strengths, weaknesses, opportunities, and threats. In uncertain settings, a neutrosophic PESTEL-SWOT was generated. A survey of experts' data corresponding to qualitative and quantitative determinations was assessed through genuine mathematic techniques and an integrated PESTEL and neutrosophic SWOT to determine risk probability within a Latin America focus. Findings: The induced PESTELSWOT model measures country risks with a 70% efficiency rate to forecast certain outcomes for foreign direct investments per international experts. Most importantly, social elements weigh the greatest while legal factors are heavily persuasive. Research limitations/implications: Should investors reside and practice in different nations, internationally developed neutrosophic PESTEL-SWOT assessments could indicate similarly trustworthy findings. Practical implications: The neutrosophic PESTEL-SWOT is a practical tool for investors to assess risks because in an uncertain world, achieving more certain projections is vital. Originality/value: This technique is seldom used for risk assessments without assessing uncertainty; applying this project to other developing countries would enhance risk assessments for investment.
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spelling doaj-art-e97fe6be4ba24e558c597e68ea6f87d52025-08-24T18:02:07ZengUniversity of New MexicoNeutrosophic Sets and Systems2331-60552331-608X2025-05-0184719730Country Risk Assessment for Foreign Investments Using Neutrosophic PESTEL-SWOTPablo San Andrés ReyesRafael Sorhegui-OrtegaFidel Márquez-SánchezAndrés Renato Jácome GagñayPetr Sed'aPurpose of the study: To measure country risks for foreign direct investments by assessing a neutrosophic PESTEL-SWOT. Design/methodology/approach: The PESTEL assessment includes political, economic, social, technological, environmental, and legal components while SWOT composes strengths, weaknesses, opportunities, and threats. In uncertain settings, a neutrosophic PESTEL-SWOT was generated. A survey of experts' data corresponding to qualitative and quantitative determinations was assessed through genuine mathematic techniques and an integrated PESTEL and neutrosophic SWOT to determine risk probability within a Latin America focus. Findings: The induced PESTELSWOT model measures country risks with a 70% efficiency rate to forecast certain outcomes for foreign direct investments per international experts. Most importantly, social elements weigh the greatest while legal factors are heavily persuasive. Research limitations/implications: Should investors reside and practice in different nations, internationally developed neutrosophic PESTEL-SWOT assessments could indicate similarly trustworthy findings. Practical implications: The neutrosophic PESTEL-SWOT is a practical tool for investors to assess risks because in an uncertain world, achieving more certain projections is vital. Originality/value: This technique is seldom used for risk assessments without assessing uncertainty; applying this project to other developing countries would enhance risk assessments for investment. https://fs.unm.edu/NSS/58.%20CountryRiskAssessment%20PESTEL-FODA.pdfcountry riskforeign investmentpestelswotneutrosophicuncertaintyevaluationemerging markets
spellingShingle Pablo San Andrés Reyes
Rafael Sorhegui-Ortega
Fidel Márquez-Sánchez
Andrés Renato Jácome Gagñay
Petr Sed'a
Country Risk Assessment for Foreign Investments Using Neutrosophic PESTEL-SWOT
Neutrosophic Sets and Systems
country risk
foreign investment
pestel
swot
neutrosophic
uncertainty
evaluation
emerging markets
title Country Risk Assessment for Foreign Investments Using Neutrosophic PESTEL-SWOT
title_full Country Risk Assessment for Foreign Investments Using Neutrosophic PESTEL-SWOT
title_fullStr Country Risk Assessment for Foreign Investments Using Neutrosophic PESTEL-SWOT
title_full_unstemmed Country Risk Assessment for Foreign Investments Using Neutrosophic PESTEL-SWOT
title_short Country Risk Assessment for Foreign Investments Using Neutrosophic PESTEL-SWOT
title_sort country risk assessment for foreign investments using neutrosophic pestel swot
topic country risk
foreign investment
pestel
swot
neutrosophic
uncertainty
evaluation
emerging markets
url https://fs.unm.edu/NSS/58.%20CountryRiskAssessment%20PESTEL-FODA.pdf
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