„Country Risk“

What does Country Risk stand for?

The financial risks of a transaction which relate to the political, economic, or social instability of the country of the debtor, and is over and above the credit risk of the borrower.

Source:

Scholte, Jan Aart. “Global Finance and the Macroeconomic Scenery.” In Globalization: A Critical Introduction, 278-302. Palgrave, 2005.

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