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The Company States Keep : International Economic Organizations and Investor Perceptions /
This book argues that investor risk in emerging markets hinges on the company a country keeps. When a country signs on to an economic agreement with states that are widely known to be stable, it looks less risky. Conversely, when a country joins a group with more unstable members, it looks more risk...
| Clasificación: | Libro Electrónico |
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| Autor principal: | |
| Formato: | Electrónico eBook |
| Idioma: | Inglés |
| Publicado: |
Cambridge :
Cambridge University Press,
2013.
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| Temas: | |
| Acceso en línea: | Texto completo |
| Sumario: | This book argues that investor risk in emerging markets hinges on the company a country keeps. When a country signs on to an economic agreement with states that are widely known to be stable, it looks less risky. Conversely, when a country joins a group with more unstable members, it looks more risky. Investors use the company a country keeps as a heuristic in evaluating that country's willingness to honor its sovereign debt obligations. This has important implications for the study of international cooperation as well as of sovereign risk and credibility at the domestic level. |
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| Notas: | Title from publishers bibliographic system (viewed on 09 Oct 2013). |
| Descripción Física: | 1 online resource |
| Bibliografía: | Includes bibliographical references (pages 201-223) and index. |
| ISBN: | 9781139344418 1139344412 9781107419339 1107419336 9781107566828 1107566827 1139892282 9781139892285 1107424356 9781107424357 1107422418 9781107422414 1107416671 9781107416673 1107420539 9781107420533 |