Country risk assessment in economic security and sustainability context

Abstract

In the dissertation the issues of country risk assessment in economic security and sustainability context are investigated. The main object of research is country risk and its structural components. The dissertation‘s main goal is to analyze valuation methods of country risk from different perspectives and suggest a model for country risk measurement which allows to adequately evaluate country risk, economic security and economic sustainability level and dynamics, including structural components and their relationships. The dissertation approaches several main tasks: to highlight the importance of country risk evaluation and its assessment in growing global markets, analyzing causes and elements of country risk based on other scientific researches; to explore and clarify advantages and disadvantages of country risk assessment methods, as well as to investigate sources of country risk and ways how to manage the risk; to apply quantitative and qualitative methods for analysis, formulate, create and present country risk assessment model in economic security and sustainability context, which will identify factors, influencing country risk and determine their direct and indirect relationship between each other. The last task is to verify practical suitability of country risk assessment model by performing empirical analysis in EU Baltic Sea region countries, identifying directions for mitigating risk effects.

In the dissertation the issues of country risk assessment in economic security and sustainability context are investigated. The main object of research is country risk and its structural components. The dissertation‘s main goal is to analyze valuation methods of country risk from different perspectives and suggest a model for country risk measurement which allows to adequately evaluate country risk, economic security and economic sustainability level and dynamics, including structural components and their relationships. The dissertation approaches several main tasks: to highlight the importance of country risk evaluation and its assessment in growing global markets, analyzing causes and elements of country risk based on other scientific researches; to explore and clarify advantages and disadvantages of country risk assessment methods, as well as to investigate sources of country risk and ways how to manage the risk; to apply quantitative and qualitative methods for analysis, formulate, create and present country risk assessment model in economic security and sustainability context, which will identify factors, influencing country risk and determine their direct and indirect relationship between each other. The last task is to verify practical suitability of country risk assessment model by performing empirical analysis in EU Baltic Sea region countries, identifying directions for mitigating risk effects.