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The company states keep: international economic organizations and investor perceptions

By: Material type: TextTextPublication details: Cambridge Cambridge University Press 2013Description: xiv, 234 pISBN:
  • 9781107566828
Subject(s): DDC classification:
  • 336.3435091724 G7C6
Summary: 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. https://www.goodreads.com/book/show/18119853-the-company-states-keep?from_search=true
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Item type Current library Item location Collection Shelving location Call number Status Date due Barcode
Books Vikram Sarabhai Library Rack 21-B / Slot 814 (0 Floor, East Wing) Non-fiction General Stacks 336.3435091724 G7C6 (Browse shelf(Opens below)) Available 193876

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.

https://www.goodreads.com/book/show/18119853-the-company-states-keep?from_search=true

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