Country-Risk Analysis

Country-Risk Analysis is a comprehensive practical and theoretical guide to the management of cross-border lending and international investment risk. The last two decades of international commercial bank lending, similar to other periods in history, have witnessed a classical boom-and-bust financial cycle. Yet as a unique corollary of this most recent global debt ‘crisis’, new secondary markets for LDC debt have arisen, informational sources have dramatically improved, and new theoretical and statistical concepts for country risk assessment have been implemented in the major international banks. Dr Ronald Solberg’s volume provides a state-of-the art review of the country-risk techniques that have evolved in the context of dramatic fluctuations in developing countries ’ debt service capacity and in international lending itself. Dealing comprehensively with the analytics and reporting of sovereign creditworthiness, political risk, statistical credit-scoring methodologies, loan valuation, portfolio management and regulatory supervision, this handbook is an invaluable guide for international bankers, global investment specialists, regulators and developing-country policymakers, as well as advanced students of international banking and finance. Ronald L.Solberg, the editor of Country-Risk Analysis, is a consultant in international finance based in Los Angeles, California. Until mid-1992 he was hea