Political risk in transition economies and the European Union
AbstractThe article deals with political risk, its definition, assessment and measuring. In the theoretical part different approaches to the definition of political risk are discussed and methodical approaches to its measuring and assessment are explained. The practical part is focused on the analysis of political risk assessment in transition countries of Europe and in countries of former Soviet Union compared to political risks in EU countries. The conclusions indicate that transition economies lag behind substantially in the areas of corruption, law observance and bureaucracy quality. For economic policy it is urgent to improve the quality of the institutional environment.
Download InfoIf 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.
Bibliographic InfoArticle provided by University of Economics, Prague in its journal Politická ekonomie.
Volume (Year): 2005 (2005)
Issue (Month): 1 ()
Postal: Redakce Politické ekonomie, Vysoká škola ekonomická, nám. W. Churchilla 4, 130 67 Praha 3
Find related papers by JEL classification:
- E61 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Policy Objectives; Policy Designs and Consistency; Policy Coordination
- F21 - International Economics - - International Factor Movements and International Business - - - International Investment; Long-Term Capital Movements
- G38 - Financial Economics - - Corporate Finance and Governance - - - Government Policy and Regulation
- O40 - Economic Development, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General
You can help add them by filling out this form.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Vaclav Subrta).
If references are entirely missing, you can add them using this form.