Country Risk Analysis

This book is a comprehensive guide to managing international risk and cross-border lending. It covers the history of country risk assessment and the different techniques that have been used in the past. The book is written by Ron Solberg and it is a state-of-the-art review of the different techniques that have evolved in the context of dramatic changes in developing countries' debt service capacity and in international lending itself.

Country-Risk Analysis is a comprehensive, practical guide to the management of international risk and cross-border lending. The last fifteen years of international commercial bank lending have witnessed a classical boom-and-bust cycle. Yet it is only recently that a formalized approach to country risk assessment has been implemented in the major international banks. Ron Solberg's volume provides a state-of-the-art review of the country risk techniques that have evolved in the context of dramatic changes in developing countries' debt service capacity and in international lending itself. It deals comprehensively with sovereign credit decision making, portfolio management, lending behaviour and financial innovations.