Advanced Search
MyIDEAS: Login to save this article or follow this journal

Relative Importance of Political Instability and Economic Variables on Perceived Country Creditworthiness

Contents:

Author Info

  • Suk Hun Lee

    (Loyola University of Chicago)

Registered author(s):

    Abstract

    This paper examines the relative importance of political instability and economic variables on perceived country creditworthiness. Our results indicate that both political instability and economic variables are taken into account in evaluating country creditworthiness; however, it appears that bankers assign larger weight to economic performances, which we except of reflect longer term political stability. In addition, the frequency of changes in the regime and armed conflict, both proxying for political instability, also affect the credit ratings.© 1993 JIBS. Journal of International Business Studies (1993) 24, 801–812

    Download Info

    If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
    File URL: http://www.palgrave-journals.com/jibs/journal/v24/n4/pdf/8490256a.pdf
    File Function: Link to full text PDF
    Download Restriction: Access to full text is restricted to subscribers.

    File URL: http://www.palgrave-journals.com/jibs/journal/v24/n4/full/8490256a.html
    File Function: Link to full text HTML
    Download Restriction: Access to full text is restricted to subscribers.

    As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.

    Bibliographic Info

    Article provided by Palgrave Macmillan in its journal Journal of International Business Studies.

    Volume (Year): 24 (1993)
    Issue (Month): 4 (December)
    Pages: 801-812

    as in new window
    Handle: RePEc:pal:jintbs:v:24:y:1993:i:4:p:801-812

    Contact details of provider:
    Web page: http://www.palgrave-journals.com/

    Order Information:
    Postal: Palgrave Macmillan Journals, Subscription Department, Houndmills, Basingstoke, Hampshire RG21 6XS, UK
    Email:
    Web: http://www.palgrave-journals.com/pal/subscribe/index.html

    Related research

    Keywords:

    References

    No references listed on IDEAS
    You can help add them by filling out this form.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as in new window

    Cited by:
    1. McKenzie, David, 2002. "An econometric analysis of IBRD creditworthiness," Policy Research Working Paper Series 2822, The World Bank.
    2. Ross, Donald G. & Pike, Richard H., 1997. "Export credit risks and the trade credit offer: some Canadian evidence," Journal of Multinational Financial Management, Elsevier, vol. 7(1), pages 55-70, April.
    3. Kalotychou, Elena & Staikouras, Sotiris K., 2006. "An empirical investigation of the loan concentration risk in Latin America," Journal of Multinational Financial Management, Elsevier, vol. 16(4), pages 363-384, October.
    4. Hiranya K. Nath, 2008. "Country Risk Analysis: A Survey of the Quantitative Methods," Working Papers 0804, Sam Houston State University, Department of Economics and International Business.
    5. Nasierowski, W. & Arcelus, F. J., 1999. "Interrelationships among the elements of national innovation systems: A statistical evaluation," European Journal of Operational Research, Elsevier, vol. 119(2), pages 235-253, December.
    6. Dailami, Mansoor & Leipziger, Danny, 1997. "Infrastructure project finance and capital flows : a new perspective," Policy Research Working Paper Series 1861, The World Bank.

    Lists

    This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

    Statistics

    Access and download statistics

    Corrections

    When requesting a correction, please mention this item's handle: RePEc:pal:jintbs:v:24:y:1993:i:4:p:801-812. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Elizabeth Gale).

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If references are entirely missing, you can add them using this form.

    If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.